What conditions are common in Structural Adjustment Programs (SAP’s) given by the World Bank and IMF?

1. What conditions are common in Structural Adjustment Programs (SAP’s) given by the World Bank and IMF? Why are nations put under SAP’s? What problems do they attempt to solve? What impact do some of these conditions have on the populations of nations undergoing structural adjustment? What is cross-conditionality, and what role does it play here? Explain.

2. What does the term colonization refer to? How have various nations of the world been impacted by colonization (both colonizing and colonized nations)? How does this relate to the process of globalization? What does the term neocolonialism refer to? How does neocolonialism impact formerly colonized nations today?

3. Describe Immanuel Wallerstein’s World Systems Theory. What is the nature of this system? What are the categories in which he labels nations of the world, and why does he prefer these to the older system of categorizing nations? Give examples of each. What relationships do these nations have to each other? Give as much detail as you can about this theory.

4. What does the term Neoliberalism refer to? How does this relate to the dynamics of globalization at large? What may be seen as beneficial about it, and what may be problematic about it? Explain the general logic of neoliberalism, and explain the negative impacts associated with neoliberal policies.

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