HOW DID THE IMPLEMENTATION OF STRUCTURAL ADJUSTMENT PROGRAMMES (SAPs) AFFECT THE ECONOMIES OF DEVELOPING COUNTRIES?
3.1
1 - NSC History - Question 3 - 2017 - Paper 2
Question 3
HOW DID THE IMPLEMENTATION OF STRUCTURAL ADJUSTMENT PROGRAMMES (SAPs) AFFECT THE ECONOMIES OF DEVELOPING COUNTRIES?
3.1
1. Extract evidence from Source 3A – L1 (An... show full transcript
Worked Solution & Example Answer:HOW DID THE IMPLEMENTATION OF STRUCTURAL ADJUSTMENT PROGRAMMES (SAPs) AFFECT THE ECONOMIES OF DEVELOPING COUNTRIES?
3.1
1 - NSC History - Question 3 - 2017 - Paper 2
Step 1
Extract evidence from Source 3A – L1 (Any 3)
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Answer
Countries like the USA, Britain, and Japan were instrumental in implementing SAPs.
Structural adjustment policies were aimed at stabilizing economies by reducing government spending.
The policies were often dictated by international financial institutions like the IMF and World Bank.
Step 2
Extract evidence from Source 3A – L1 (Any 1)
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The IMF required countries to adhere to stringent economic reforms to qualify for assistance.
Step 3
Extract evidence from Source 3A – L1 (Any 1 x 2)
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Countries had to reform their economic systems to align with IMF guidelines.
This often resulted in social backlash as citizens faced increased hardships.
Step 4
Interpret evidence from Source 3A – L2 (Any 2 x 2)
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These policies led to increased poverty rates in many African countries.
The focus on repaying debts meant less funding was available for essential services like education and healthcare.
Step 5
Interpretation of evidence from Source 3B – L1 (Any 2)
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SAPs severely affected the agricultural sector in developing nations.
They prioritized export crops which led to local food shortages.
Step 6
Extraction of data from Source 3A – L1 (1 x 2)
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By the late 1990s, the debt of African countries had doubled, leading to economic crises.
Countries faced harsh conditions from Western creditors.
Step 7
Evaluation of usefulness from Source 3B – L3
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The information provided highlights both the financial impact of SAPs and the socio-economic challenges faced by affected countries, making it a crucial resource for understanding the broader implications of such policies.
Step 8
Interpretation of information from Source 3C - L2
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The data reflects a stark contrast in government spending, revealing how SAPs significantly restricted public expenditure.
Step 9
Comparing evidence from Source 3B and 3C - L3
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While Source 3B focuses on the immediate financial ramifications, Source 3C illustrates longer-term impacts on economic stability and social wellbeing.