Structural Adjustment


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Structural Adjustment

A government program in a developing country making changes to economic or monetary policies in order to better facilitate growth. For example, a structural adjustment loan may include a stipulation that the borrowing country relax any protectionist subsidies or impose higher taxes to balance the budget. Structural adjustments are necessary in some cases before the IMF or the World Bank will make loans to finance further development. See also: Structural Adjustment Facility.
References in periodicals archive ?
Contract notice: Work structural adjustment of the nursery and primary school in the capital rely running jobs
He was also responsible for the structural adjustment of sales as part of the progressive internationalization strategy.
The approach reveals that the post-2000 slowdown was attributable entirely to weaker productivity growth within industries and that structural adjustment had a slight mitigating effect on the slowdown.
TAP) - The Popular Front (FP) has proposed a legislative initiative on the audit of Tunisia's public debt and debt guaranteed by the government since July 1986, date of entry into force of the structural adjustment program (SAP), Popular Front MP Fathi Chamkhi announced Wednesday.
Demand-side policy and structural adjustment are not mutually exclusive.
Part of the problem is that structural adjustment was not explicitly intended to diminish poverty; it aimed to promote growth.
1) The structural adjustment effects on growth are a measure, therefore, of the efficacy of fiscal policy.
Told by a journalist from Ghana that many people there had "a phobia for the IMF" due to the harsh conditions of its past structural adjustment programs in Africa and South America, Lagarde responded: "Structural adjustment?
Recently, the State Council issued the Implementation Plan about Accelerating Structural Adjustment and Promoting Reform and Upgrading of the Shipbuilding Industry (2013-2015).
The in-depth analysis of Structural Adjustment Program shows that IMF policies totally failed to bring any macroeconomic stability.
They bring approaches from development economics and feminist theory into this relatively new field as they examine the results of structural adjustment policies such as macroeconomic aggregates.
In this perspective, the continuation of the structural adjustment program of IMF would be helpful in softening the external financial constraints, as well as to enhance the resilience and robustness of the economy, the Report added.

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