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Debt and Dependency. Edition No. 1

VDM Publishing House, Nov 2008, Pages: 148


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Developing countries experiencing severe debt
problems often participate in conditionality
agreements brokered by the IMF and the World Bank.
Some argue that these agreements emphasize economic
growth over socioeconomic equality, limiting access
to health care for the majority of the population.
Dr. Ayers tests the assertion that conditionality
agreements are detrimental to health standards. A
new model, the Distributive Environment Model (DEM),
is proposed. The DEM demonstrates that a developing
country with low economic growth can achieve
improvements in health standards if broad and
diverse segments of its population have access to
its core economy. Economic growth-oriented policies
(like those typical of conditionality agreements)
are not always necessary to improve health standards
in developing countries. A flexible approach to
development policy that considers the socioeconomic
reality of developing countries is recommended in
lieu of the 'one size fits all' approach associated
with conditionality agreements.



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