Political Economy of Structural Readjustment

Political Economy of Structural Readjustment Arun Ghosh What precisely is the nature of the structural adjustment being envisaged, for which we are now applying to the IMF for a loan of $ 5 to 7 billion? This is a vital question because once we have accepted the IMF conditions applicable to the Enhanced Structural Adjustment Facility, we would have embarked on a policy which would in many ways be irreversible.