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Structural Adjustment
(redirected from Structural Adjustment Policies)

   Also found in: Wikipedia 0.01 sec.
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.


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For example the 2006 report on development effectiveness showed that structural adjustment policies, including trade liberalization, have often worsened inequality and hindered distribution.
Dollar Aid versus Development Aid The structural adjustment policies of lending institutions have oriented African economies away from local development, towards the export of raw goods.
Bacon also explores the history of explicitly racist laws like the Chinese Exclusion Art and structural adjustment policies that forced Latin American and Caribbean countries to cut wages and services.
 
 
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