The failure of structural adjustment programmes

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…into greater and depressing the living standards of their respective citizens. The blame of stagnate economies should be placed on the Third World exclusion from world trade. Advanced industrial nations trade mainly between themselves bypassing the Third World. And worse still, the demand for Third World raw material exports are on the decline so their main source of income, export earnings, are falling. Thus making the likely-hood of having debts and loans repaid even slimmer.