- It has romanricised the nature and effect of the free market - assumes liberalisation wil benefit the South as it did the North - may not be an entirely free markey as rich countries adopt protectionist policies
- Makes mistakes about the root of poverty and development - missatribues economic growth in the NH - Britain did not ahve rich nations breaking them out of poverty
- Negative effects of structural adjustment
- focus on cash crops produces a glut in the market - producers can't compete with TNC's - Privatisation means people can't acceass public amenities - deregulation leads to exploitation of workers
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