“The minimalist role of national governments in housing supply has been reinforced by current neo-liberal economic orthodoxy as defined by the IMF and the World Bank. The Structural Adjustment Programs (SAPs) imposed upon debtor nations in the late 1970s and 1980s required a shrinkage of government programs and, often, the privatization of housing markets. However, the social state in the Third World was already withering away even before SAPs sounded the death knell for welfarism.”