Structural Adjustment

(redirected from Structural adjustment policy)
Also found in: Acronyms.

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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References in periodicals archive ?
(1993) Rural Women's Quality of Life Under Structural Adjustment Policy and Programmes: A Nigerian Case Study.
Most of Tanzania's 33m population have experienced declining standards in health education over the last decade as the country struggled to apply the 'structural adjustment policy' prescription of the WB and IMF.
User fees -- charges for services that are also known as community financing, cost sharing or cost recovery -- are often one part of the structural adjustment policy package, the set of marketoriented policy conditions attached to many loans from the IMF and World Bank.

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