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 and deregulation, which align with neoliberal ideology. The World Bank, despite being an international financial institution, operates in ways that reflect neoliberal values, making choice C the correct answer. However, the explanation provided in choice C is incorrect; the World Bank is not a nongovernmental organization (NGO), but rather an international financial institution. The correct rationale is that structural adjustment loans are designed to promote neoliberal policies, not the classification of the World Bank as an NGO or government-controlled organization.

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