Structural Adjustment Loan

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A Structural Adjustment Loan (SAL) is a loan given by the World Bank on the condition that the receiving country accept a package of neoliberal structural adjustment programs. The SAL was first introduced in 1980 under World Bank president Robert McNamara. The first recipients of such loans were Kenya and Turkey.[1][2]

Structural Adjustment Loans

The following countries have received structural adjustment and sectoral adjustment loans:[3]

Asia:

Europe:

Latin America and the Caribbean:

Africa:

Resources and articles

Related Sourcewatch articles

References

  1. Ann Crittenden, New York Times, May 26, 1980, Section 4; Page 1, Column 4.
  2. Report No. 21409: Kenya: Country Assistance Evaluation, World Bank, November 20, 2000.
  3. John H. Johnson and Sulaiman S. Wasty, "Borrower Ownership of Adjustment Programs and the Political Economy of Reform," World Bank Discussion Papers, 1990.

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