Changes

== Historical Background ==

== Historical Background ==

SAPs emerged during the 1980s debt crises, when many developing nations faced severe balance‑of‑payments problems. The IMF and World Bank introduced structural adjustment as a way to stabilize national economies and ensure repayment of international loans.

SAPs emerged during the 1980s debt crises, when many developing nations faced severe balance‑of‑payments problems. The IMF and World Bank introduced structural adjustment as a way to stabilize national economies and '''ensure repayment of international loans.'''

 

Many have expressed the common view that it is good for the international financeers and not for the target economy.

== Criticisms ==

== Criticisms ==