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What is Impacts of SAP on Bangladesh about?

Structural Adjustment Programs (SAPs) were implemented in Bangladesh in the 1980s according to the Washington Consensus to deregulate markets, privatize state-owned enterprises, and liberalize trade. While some positive changes occurred like increased investment and industrial growth, negative impacts included a rise in inequality, uncontrolled imports harming local industry, currency depreciation, and environmental damage from expanded shrimp farming. Reforms favored multinational corporations over small f

Author

Asif Rahman

Language

EN