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The Economics of ConflictTheory and Empirical Evidence$
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Karl Wärneryd

Print publication date: 2014

Print ISBN-13: 9780262026895

Published to MIT Press Scholarship Online: September 2014

DOI: 10.7551/mitpress/9780262026895.001.0001

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Social Unrest in the Wake of IMF Structural Adjustment Programs

Social Unrest in the Wake of IMF Structural Adjustment Programs

(p.209) 8 Social Unrest in the Wake of IMF Structural Adjustment Programs
The Economics of Conflict

Caleb Stroup

Ben Zissimos

The MIT Press

This chapter examines the relationship between the imposition of the International Monetary Fund’s Structural Adjustment Programs (SAPs) and the occurrence of social unrest, and identifies a well-defined set of circumstances under which the imposition of an SAP can be expected to lead to social unrest and find support for this in the data. It suggests that if a country has an SAP, it will tend to experience social unrest if it has a comparative advantage in primary products and at the same time undergoes deeper (i.e., greater/increased) trade integration.

Keywords:   International Monetary Fund, IMF, SAP, social unrest, trade integration

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