Health and social security reforms in Latin America: The convergence of the World Health Organization, the World Bank, and transnational corporations

Francisco Armada, Carles Muntaner, Vicente Navarro

Research output: Contribution to journalArticle

66 Citations (Scopus)

Abstract

International financial institutions have played an increasing role in the formation of social policy in Latin American countries over the last two decades, particularly in health and pension programs. World Bank loans and their attached policy conditions have promoted several social security reforms within a neoliberal framework that privileges the role of the market in the provision of health and pensions. Moreover, by endorsing the privatization of health services in Latin America, the World Health Organization has converged with these policies. The privatization of social security has benefited international corporations that become partners with local business elites. Thus the World Health Organization, international financial institutions, and transnational corporations have converged in the neoliberal reforms of social security in Latin America. Overall, the process represents a mechanism of resource transfer from labor to capital and sheds light on one of the ways in which neoliberalism may affect the health of Latin American populations.

Original languageEnglish
Pages (from-to)729-768
Number of pages40
JournalInternational Journal of Health Services
Volume31
Issue number4
DOIs
Publication statusPublished - 2001 Dec 1

ASJC Scopus subject areas

  • Nursing(all)
  • Health Policy
  • Health(social science)
  • Health Professions(all)
  • Public Health, Environmental and Occupational Health

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