ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Conditionality and the Role of the IMF

February 21, 1981 quantity used to obtain the drugs' original therapeutic effect. Many firms, moreover, had unilaterally diverted their production pattern to the more profitable formulations, resulting in the shortage of many drugs essential for the treatment of Mood pressure, thyroid diseases, typhoid, tuberculosis, etc. They could do this with impunity because, as they are well aware, there is in adequate expertise in government rendering its machinery incapable of enforcing the regulations promulgated to ensure certain production patterns. While the shortages of essential drugs became very acute, the industry launched a regular advertisement campaign in the media, projecting that governmental policies were stifling the growth of the pharmaceutical industry.

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