In general, the SAP/EPZ era of Middle/South America's economic development produced the desired effects and led to a substantial rise in residents' standards of living.

Question

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The Structural Adjustment Programs (SAPs) and Export Processing Zones (EPZs) implemented in Latin America often led to mixed outcomes, with some economic growth but also significant social and economic challenges, including increased inequality and often not substantially improving the standard of living for the majority of residents.

In General, the SAP/EPZ Era of Middle/South America's Economic Development