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Structural Adjustment Programmes (SAPs)• The Structural Adjustment Programmes (SAPs) were also promoted by the World Bank andIMF.• In order to reduce government expenditure, health program, education and other socialservices were abolished.• Privatization of government sectors was promoted to improve efficiency.• As trade liberalization, they opened their economies to richer and more powerful countries,so that they can be competitive.• After all, this SAPs rather increased poverty of the poor countries.• In most countries, inequality – the gap between the rich and the poor – is widening.• This can lead to other problems increasing crime and violence. Figure 3: Shared of capital income earned by top 1% and bottom 80% Figure 4: Distribution of U.S. Wealth, 2007 Figure 5: Share of World’s Private Consumption, 2005
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