The Impact of International Monetary Fund (IMF) Structural Adjustment Policies (SAP) on the Philippines

2014 ◽  
Vol 2 (1) ◽  
pp. 19-24
Author(s):  
Ferdinand Abocejo ◽  
Keyword(s):  
International Monetary Fund ◽  
Structural Adjustment ◽  
The Philippines ◽  
Adjustment Policies ◽  
The Impact

Causal Analyses of Public Debt and Structural Adjustment

2017 ◽  
Vol 6 (1) ◽  
pp. 21-37 ◽  
Author(s):  
John Pastor Ansah
Keyword(s):  
Structural Adjustment ◽  
Unintended Effects ◽  
Economic Policies ◽  
African Countries ◽  
Structural Mechanism ◽  
Bretton Woods ◽  
Adjustment Program ◽  
Unintended Effect ◽  
Adjustment Policies ◽  
The Impact

The impact of structural adjustment program on the economic situation in many African countries can not be overemphasised. Over two decades of implementing neo-liberal economic policies by the Bretton Woods institution, it is of great importance to document the lessons learnt. This paper elicits the structural mechanism representing the intended effect of structural adjustment policies and the unintended effects observed from the implementation of the structural adjustment policies. The assumptions and hypotheses implicit in the main structural adjustment policies, as well as the observed unintended effect of the policies are clearly elicited with a causal loop diagram.

scholarly journals Analysis of the Impact of International Monetary Fund Programs on Economic Performance of Kenya

2016 ◽  
Vol 8 (2) ◽  
pp. 159
Author(s):  
Henry Kerich
Keyword(s):  
Developing Countries ◽  
International Monetary Fund ◽  
Economic Performance ◽  
Structural Adjustment ◽  
Balance Of Payments ◽  
Unemployment Rates ◽  
High Unemployment ◽  
Structural Adjustment Programs ◽  
The Impact ◽  
Adjustment Programs

<p>Like most other countries in developing countries, Kenya faces economic challenges as it tries to stabilize its balance of payments, reduce external debts and curb high unemployment rates.  Structural adjustment programs (SAPs) are defined as economic programs mainly set for developing countries supported by the Bretton Woods institutions since the beginning of 1980s. As a result of prolonged balance of payments deficits, high unemployment rates and high debts, brought about by poor economic performance, the country has turned to International Monetary Fund for credit assistance. This research sought to examine if there was a relationship between structural adjustment programs and economic performance in Kenya. The results in this study revealed a significant correlation between IMF structural adjustment programs and economic performance in Kenya. The findings showed that the three dependent variables analyzed notably, balance of payments, debts, and unemployment showed a strong correlation with IMF structural adjustment programs.</p>

The Struggle over Structural Adjustment

2019 ◽  
Vol 51 (S1) ◽  
pp. 253-276
Author(s):  
Johanna Bockman
Keyword(s):  
Soviet Union ◽  
World Bank ◽  
International Monetary Fund ◽  
Structural Adjustment ◽  
Neoclassical Economics ◽  
Weimar Germany ◽  
The World Bank ◽  
The Soviet Union ◽  
The World ◽  
Adjustment Policies

In 1980 the World Bank extended its first structural adjustment loans. Scholars and activists have argued that structural adjustment policies, and the neoclassical economics that legitimates them, destroyed Keynesianism, developmentalism, and socialism. In contrast to the view that structural adjustment began as a clear neoliberal project, I argue that the second and third worlds, in fact, demanded structural adjustment, which, in response, the World Bank and International Monetary Fund sought to realize but in a way fundamentally different from what was demanded. In this article, I examine economists’ ideas about structural adjustment across socialist eras—from 1920s Weimar Germany and the Soviet Union to midcentury socialist Yugoslavia and the post-1964 UN Conference on Trade and Development—and explore the origins of what we know today as structural adjustment policies.

scholarly journals The Impact of Structural Adjustment Policies on Fertilizers Market in Bangladesh

2006 ◽  
Vol 42 (1) ◽  
pp. 179-184 ◽  
Author(s):  
Islam Mohd. Nazrul ◽  
Akira Ishida ◽  
Kenji Taniguchi
Keyword(s):  
Structural Adjustment ◽  
Adjustment Policies ◽  
The Impact

Adjusting Inequality: Education and Structural Adjustment Policies in Tanzania

2005 ◽  
Vol 75 (2) ◽  
pp. 174-201 ◽  
Author(s):  
FRANCES VAVRUS
Keyword(s):  
Educational Policy ◽  
Secondary Students ◽  
Structural Adjustment ◽  
National Policy ◽  
Sub Saharan Africa ◽  
Local Setting ◽  
Adjustment Policies ◽  
Sub Saharan ◽  
Policy Fields ◽  
The Impact

International economic forces increasingly affect policy at multiple levels and in multiple domains. The interplay of three levels — international, national, and local — are underresearched in the social and educational policy fields, which includes educational policy studies. In this article, Frances Vavrus employs ethnography to investigate how these interactions play out in a Chagga community in the Kilimanjaro region of Tanzania. She examines how the lives of secondary students in Tanzanian schools are affected by structural adjustment policies, adopted by Tanzania at the advice of the International Monetary Fund and the World Bank, in three domains: access to schooling, opportunities for employment, and the risk of HIV/AIDS infection. She makes a convincing case for the importance of understanding the local setting in the development of international and national policy, and for investigating the impact policy change in noneducational sectors has on educational realities. Vavrus's research also provides a glimpse into the multiple local consequences of the policy of user fees for school access that were implemented over the last fifteen years in Tanzania and elsewhere in sub-Saharan Africa. She concludes with a call for the research community to consider the benefits of ethnography in the development and evaluation of policy.

Structural adjustment and market imperfections: a stylized village economy-wide model with non-separable farm households

1999 ◽  
Vol 4 (1) ◽  
pp. 69-87 ◽  
Author(s):  
STEIN T. HOLDEN ◽  
J. EDWARD TAYLOR ◽  
STEPHEN HAMPTON
Keyword(s):  
Crop Production ◽  
Structural Adjustment ◽  
Credit Rationing ◽  
Sub Saharan Africa ◽  
External Shocks ◽  
Resource Base ◽  
Maize Production ◽  
Household Level ◽  
Adjustment Policies ◽  
The Impact

Village economies and peasant households represent the main link between the economy and the environment in sub-Saharan Africa. The links from the macro level and down to the household level and further to the natural resource base are complex. It may therefore be difficult to predict the impact of macro policies and external shocks on the environment. This paper presents a typology of village economies and village economy-wide models. The framework is applied to a special case where a model is proposed and estimated to examine the impacts of external shocks, including structural adjustment policies, on cash-crop production and chitemene (shifting cultivation) in a remote Zambian village characterized by a missing (or negligible) labour market, input supply constraints, and credit rationing. Our findings indicate that structural adjustment policies, by decreasing the profitability of maize production, may encourage households to increase their chitemene production, resulting in more rapid deforestation.

Revisiting the Penetration of Islam in the Philippines and its Implication for the Development of Muslim Institutions (Pengkajian semula Tentang Penetrasi Islam di Filipina dan Kesannya terhadap Pembangunan Institusi Islam)

2019 ◽  
Vol 16 (1) ◽  
pp. 70-91
Author(s):  
Alizaman D. Gamon ◽  
Mariam Saidona Tagoranao
Keyword(s):  
Political Stability ◽  
The Philippines ◽  
Third Wave ◽  
National Unity ◽  
Policy Makers ◽  
Peace And Justice ◽  
Muslim Communities ◽  
The Impact ◽  
The Given ◽  
Islamic Institutions

This study discusses the penetration of Islam in the Philippines, particularly the third wave of its expansion, which was brought by Sufi missionaries. It reinstates the historical relevance of Sufi ideas and approaches due to its contemporary relevance to the concept of social co-existence. The rational, intellectual and philosophical dimension of Islam is manifested in the cultural and traditional life of Muslim communities. The study also analyzes the impact of Muslim struggle for the development of Islamic institutions in the context of the secular state. The ongoing, unsettled debate between Islamic and government approaches to peace and development in Mindanao and Sulu continues unabated. Over the years, reforms were introduced, but in their midst, evidence of government biases and prejudices with regards to Islamic institutions have surfaced. Muslim leaders and intellectuals responded in the context of historical rights and freedom, but those views were often questioned as they are presumed to be incompatible with the national agenda for national unity. It was very recently that this incompatibility was readdressed giving support to having lasting peace and justice in Mindanao. The study argues that there have been substantial state-sponsored reforms which may contribute to the gradual advancement of Muslim communities. Though the path for the passage of Muslim concerns within the given condition is fragile and open to challenges, the study recognizes the prominence of inter-civilizational dialogue, from which the universal values of humanity will be embraced by both Muslim and non-Muslim policy makers. In addition, Muslim and non-Muslim communities in the Philippines need to embrace the universal principle of humanity and coexistence due to its relevance to the political stability and economic growth in the country.  Keywords: Muslims in the Philippines, Islamic institutions, Islamization, Muslim intellectuals, Reform. Abstrak Kajian ini mengkaji tentang kemasukan Islam, terutamanya gelombang ketiga perkembangannya, yang dibawa oleh para pendakwah sufi. Kajian itu mengembalikan semula sejarah penting tentang idea-idea dan pendekatan Sufi yang boleh digunapakai pada masa kini untuk mewujudkan keharmonian sosial di kalangan rakyat pelbagai agama. Pemahaman tentang Islam mempunyai pengaruh yang jelas terhadap kebudayaan dan tradisi Islam. Kajian ini juga menganalisis kesan perjuangan Muslim untuk pembangunan institusi Islam dalam konteks sebuah negara sekular. Perbahasan yang berterusan yang tidak menemukan penyelesaian antara pendekatan Islam dan pendekatan kerajaan untuk perdamaian serta pembangunan di Mindanao dan Sulu terus berlanjutan. Walaupun  bertahun-tahun pembaharuan telah dilakukan, namun terdapat bukti penolakan dan prasangka buruk kerajaan terhadap institusi Islam. Para pemimpin dan intelektual Muslim bertindak berdasarkan pada fakta sejarah dan hak kebebasan bersuara, namun pandangan mereka sering dipertikaikan kerana mereka dianggap tidak seiring dengan agenda dan perpaduan nasional. Baru-baru ini ketidakserasian ini mulai disuarakan semula untuk mendapat sokongan terhadap keamanan dan keadilan yang berterusan di Mindanao. Kajian ini mendapati bahawa terdapat pembaharuan yang dilakukan oleh pihak kerajaan yang boleh menyumbang ke arah  kemajuan masyarakat Islam secara beransur-ansur. Walaupun pendekatan bagi memenuhi hasrat orang Islam masih dalam keadaan yang rapuh dan penuh cabaran, namun kajian ini mengusulkan peripentingnya dialog antara peradaban dimana nilai-nilai universal manusia akan diperoleh dan dipegang oleh kedua-kedua pihak pembuat dasar iaitu  Islam dan bukan Islam. Di samping itu, umat Islam dan bukan Islam di Filipina perlu mengkaji dan mencontohi model keharmonian sosial Malaysia dan Singapura kerana kaitannya dengan kestabilan politik dan pertumbuhan ekonomi. Kata Kunci: Muslim di Filipina, institusi Islam, Islamisasi, intelektual Islam, Pembaharuan.

'How Does the ASEAN Region Localize International Brands?’ A Multidimensional Analysis of Thai TV ads

2020 ◽  
Author(s):  
Thiti Nawapan ◽  
◽  
Remart P. Dumlao ◽  
Keyword(s):  
Social Media ◽  
Third Space ◽  
The Philippines ◽  
Southeast Asian ◽  
Cultural Representation ◽  
Multidimensional Analysis ◽  
Brand Identity ◽  
Identity Positioning ◽  
Asian Context ◽  
The Impact

In intercultural scholarship, there is a considerable number of studies that explores the impact and effect of culturally oriented social media (see Koda 2014, 2016; Mendoza 2010). Of these studies, however, there is a paucity of understanding on how social media becomes a third space of cultural representation, especially in the Southeast Asian context (Dumlao and Wattakan 2020; Feng 2009; Kalscheuer 2008). Drawing from insights connected to inter-semiosis by Kress and Van Leeuwen (1996) and SF-MDA by O’Halloran (2011), therefore, this paper explores the glocalization process and its inclination to cultural representation, and thus creating new discursive forms of identities, by looking at Thai TV ads from January 2019 to December 2019. Two Thai TV ads were purposively chosen from international beverage companies. To capture the glocalization and cultural representation, we compared these with TV ads from other countries, namely, the Philippines, and the U.S.A. Through content and multidimensional analysis, the findings suggest that commercials construct glocal identities through several factors and incidences. These incidences and factors support and provide understanding for brand identity positioning, which itself describes the intersemiosis of elements within contemporary consumer cultures. Implications of this study are discussed in the paper.

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