Are structural adjustment loans as provided by organizations such as the World Bank consistent with the goals of neoliberalism?

Question

Quizplus · Accepted Answer

Structural adjustment loans are consistent with the goals of neoliberalism because they often require countries to implement economic policies that promote free market principles, such as privatization, deregulation, and reducing government spending, which align with neoliberal ideology. The World Bank, despite being an international financial institution, operates with a mandate that aligns with these principles, making it supportive of neoliberal goals through its lending practices.

Are Structural Adjustment Loans as Provided by Organizations Such as the World