Structural adjustment reframed African poverty as a domestic, not global-trade, problem.

Evidence

The whole framework of those prescriptions implicitly set aside the international trade imbalances to focus on internal factors. The Berg report, compiled by the African Strategy Review Group headed by Elliot Berg and published by the bank the year McNamara left the presidency, had definitively moved the bank away from any kind of global and state-centered solution. Zeroing in on Africa’s economic predicament, it focused on “domestic policy inadequacies” and advocated a serious turnaround from previous development strategies. — Anton Jäger and Daniel Zamora Vargas, Welfare for Markets, 336

Categorization

• XREF: Echoes the chapter 5 thread that cash transfer strategy shifted blame for poverty from government to individuals — here extended to North-South blame. — connects to: Absolute poverty lines replaced relative measures because they avoid confronting inequality. — Anton Jäger and Daniel Zamora Vargas, Welfare for Markets: A Global History…, 328; Financial deregulation reframed poverty as a deficit of individual human capital investment. — Max Haiven, Cultures of Financialization, 200

Broader Connections

• Financial deregulation reframed poverty as a deficit of individual human capital investment. #expands (0.82) — Max Haiven, Cultures of Financialization, 200