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Terms that are on use on this site.

There are 132 entries in this glossary.
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Term Definition
SAP

Structural Adjustment Program. A process imposed on poor countries in which they must privatize services, export more, and reduce the government's role in the economy in order to access International Monetary Fund/World Bank loans. Structural adjustment programs have brought devastation to vulnerable citizens of poor countries as they lose more of their few protections and services.

Sovereignty

The principle that the state exercises absolute power over its territory, system of government, and population. Accordingly, the internal authority of the state supersedes that of all other bodies.

Structural Adjustment

 A process imposed on poor countries in which they must privatize services, export more, and reduce the government's role in the economy in order to access International Monetary Fund/World Bank loans. Structural adjustment programs have brought devastation to vulnerable citizens of poor countries as they lose more of their few protections and services.

Sustainability

A socialist/Marxist expansion of the concept of transfer of wealth between classes, except that it concerns current verses future generations.

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