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social impact of structural adjustment on the Caribbean: The case of Jamaica, 1989-1993

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Date Issued:
1996
Summary:
The International Monetary Fund/World Bank's campaign to restructure and revitalize Third World economies has been underway since 1977 but with little positive reviews. In the meantime, the living standards of the poor in these countries continue to deteriorate as more adjustment measures are employed. The purpose of this study is to challenge the "long-term benefits" argument by demonstrating that implementation of adjustment policies correlates with social decline. The study takes the form of a case study of Jamaica and traces the historical developments to explain the current debt crisis. A number of social indicators which include cost of living, health, education, housing and crime are used to assess and determine the relationship between structural adjustment and living standards. The study concludes that because the aim of these financial institutions is debt recovery, there is little regard for human resource development, an area that is key to breaking the current cycle of dependency. The result is an inverse relationship between structural adjustment and social well-being.
Title: The social impact of structural adjustment on the Caribbean: The case of Jamaica, 1989-1993.
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Name(s): Thompson, Venesia Marie.
Florida Atlantic University, Degree grantor
Morton, Jeffrey S., Thesis advisor
Type of Resource: text
Genre: Electronic Thesis Or Dissertation
Issuance: monographic
Date Issued: 1996
Publisher: Florida Atlantic University
Place of Publication: Boca Raton, Fla.
Physical Form: application/pdf
Extent: 120 p.
Language(s): English
Summary: The International Monetary Fund/World Bank's campaign to restructure and revitalize Third World economies has been underway since 1977 but with little positive reviews. In the meantime, the living standards of the poor in these countries continue to deteriorate as more adjustment measures are employed. The purpose of this study is to challenge the "long-term benefits" argument by demonstrating that implementation of adjustment policies correlates with social decline. The study takes the form of a case study of Jamaica and traces the historical developments to explain the current debt crisis. A number of social indicators which include cost of living, health, education, housing and crime are used to assess and determine the relationship between structural adjustment and living standards. The study concludes that because the aim of these financial institutions is debt recovery, there is little regard for human resource development, an area that is key to breaking the current cycle of dependency. The result is an inverse relationship between structural adjustment and social well-being.
Identifier: 9780591177718 (isbn), 15365 (digitool), FADT15365 (IID), fau:12132 (fedora)
Collection: FAU Electronic Theses and Dissertations Collection
Note(s): Dorothy F. Schmidt College of Arts and Letters
Thesis (M.A.)--Florida Atlantic University, 1996.
Subject(s): Structural adjustment (Economic policy)--Jamaica
Jamaica--Economic policy
Jamaica--Economic conditions
International Monetary Fund--Jamaica
World Bank
Held by: Florida Atlantic University Libraries
Persistent Link to This Record: http://purl.flvc.org/fcla/dt/15365
Sublocation: Digital Library
Use and Reproduction: Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Use and Reproduction: http://rightsstatements.org/vocab/InC/1.0/
Host Institution: FAU
Is Part of Series: Florida Atlantic University Digital Library Collections.