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 ?
The estimates, concentrating on the effect of structural adjustment programs on growth, given the other policy variables and the cycle, are conducted by using: (a) the intuitive cross-section analysis, in which structural adjustments are put into relation with cumulative growth (as in Krugman, 2013; De Grauwe and Yuemei, 2013) and (b) two panel data econometric techniques: (a) the panel dynamic ordinary least squares (PDOLS) analysis, through which the countries' cumulative growth effects of structural adjustments are evaluated in terms of adjustment speed and (b) the pooled mean group (PMG) estimator, which yields an estimate of the long-run coefficients without the implausible assumption of identical dynamics in each country.
In addition to pending reorganization measures, additional structural adjustments in the be best for the operation of the KKE.
Political consensus remains in favour of structural adjustments through the country's IMF programme, but sustained fiscal consolidation will be challenging if there is growth underperformance or reform fatigue.
Solutions have been tried and not only by these developed countries but also by the developing countries in terms of structural adjustments and more structural adjustments.
SBP Report said that growing macroeconomic imbalances in the economy are still quite manageable but further delay in implementing critical structural adjustments risks significantly increasing the future costs to the economy.
A spokesman added: "Creating this link will involve minor structural adjustments to existing rooms and corridors at basement level in the two buildings and will not involve any major construction work.
Egypt: A Historical Perspective and Current Crisis of Legitimacy; Ramifications of Structural Adjustments in Egypt
Economic reforms can be classified broadly into two categories: structural adjustments and macroeconomic reforms.
He said: "If you take action now to expand borrowing, you know you will have to make structural adjustments later.
As a result, laying a foundation for economic recovery on the backs of households--via zero interest rates--has been the main strategy of post-bubble structural adjustments.
The latest of these fashions being eagerly followed by the economic managers of the state is the implementation of structural adjustments, termed "Washington Consensus" by some, flowing from the operative roles and ideological framework of neo-liberal globalisation.
Alterations to the auditorium could involve structural adjustments outside the building.

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