World Bank and structural adjustment
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The WB will not be issuing any more structural adjustment loans.
(Aug 2004) The new lending will be called "Development Policy
Lending". However, the name change does not signal an abrupt
break with the past. It is more a 'conceptual update'. The donor
side still decides what the recipient side should want. Lending
linked to specific projects will still remain the WB's principal
instrument.
Unrelated PS:
1. Road crashes kill 1.2 million people a year and injure or
disable 50 million. They cost poor countries U$ 65 billion.
2. There are over 1 billion overweight and obese people in the
world. In China, the economic cost of diet-related chronic dis-
eases has already surpassed that of under-nutrition -- a loss of
more than 2% of GDP. The MDGs do not specifically mention obe-
sity.