structural adjustment, n.Definitions

Structural adjustment (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠the program a poor country is said to be "offering" its donors — offered, that is, with a gun to its head.

Structural adjustment (n.) makes ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠the poor pay for loans they never took: the rich borrow, lenders profit, and when it crashes the bill goes to the people.