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STRUCTURAL ADJUSTMENT PROGRAMS AND PEANUT MARKET PERFORMANCE IN SENEGAL
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Abstract
The impacts of Structural Adjustment Programs (SAPs) on social welfare are investigated using data from the Senegalese peanut sector. The findings suggest that SAP policies resulted in dramatic decreases in peanut production, undermining the profitability of the peanut processing plants as well. Overall, the Senegalese society suffered net welfare losses.International Development, Production Economics,