1. Structural adjustmen programs
... crisis of 1973, economic progress in much of the developing world has been very poor. With some notable exceptions - for example Botswana, Mauritius, Thailand, Indonesia and of course the East Asian "tigers" - growth was negligible or even negative in many cases. Overall, between 1965 and 1990, the average annual rate of growth of GNP per capita was negative in ... focus on export-orientated production has contributed to a decline in food production, thus making many countries vulnerable to famine and epidemics during periods of draught, war or other catastrophes.(Africa) Shrinking of t...
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