The bailout of the global south countries facing a debt crisis was based on the structural adjustment programs of the IMF and the World Bank.

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The bailout of the global south countries facing a debt crisis was based on the structural adjustment programs of the IMF and the World Bank. These programs included conditions such as cutting government spending, privatizing state-owned enterprises, and opening up economies to foreign investment, which often had negative impacts on the economies of these countries.

The Bailout of the Global South Countries Facing a Debt