Structural Adjustment

Structural Adjustment

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Legal English Vocabulary: Structural Adjustment in Spanish

Online translation of the English legal term structural adjustment into Spanish: ajuste estructural (English to Spanish translation) . More about legal dictionary from english to spanish online.

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Structural adjustment in Global Commerce Policy

In this regard, a definition of this issue is as follows: the continuous process experienced by all industries of needing to adjust to new economic and commercial conditions brought about by changes in consumer preferences, technological innovation, tariff reductions, subsidy phase-outs, long-term changes in the cost of components and raw materials, etc. Sometimes this results in the rapid disappearance of a complete sector, such as has occurred in slide-rule production when the electronic calculator appeared. Structural adjustment can be accompanied by government support for the retraining of workers and other measures. Whether governments are prepared to pay up often depends on the political clout of the industry. Since the mid-1980s, the term has also come to refer to a particular set of policy prescriptions requested of developing countries by international financial institutions such as the IBRD (World Bank) and the IMF. The granting of assistance packages by these institutions is typically conditional on a tightening of fiscal policies and the achievement of macro-economic stability through tough anti- inflationary policies. See also protectionism.[1]

Structural adjustmentin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

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Notes and References

  1. Dictionary of Trade Policy, “Structural adjustment” entry (OAS)

See Also

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See Also

  • International Economic Law
  • Economy
  • Foreign Direct Investment
  • Economic Law

Hierarchical Display of Structural adjustment

Economics > Economic policy > Economic policy > Structural policy
Economics > Economic structure > Economic system > Economic reform
European Union > EU finance > EU financing > EU financial instrument > Fund (EU) > Structural Funds > European Regional Development Fund

Meaning of Structural adjustment

Overview and more information about Structural adjustment

For a more comprehensive understanding of Structural adjustment, see in the general part of the online platform.[rtbs name=”xxx-xxx”]

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Translation of Structural adjustment

Thesaurus of Structural adjustment

Economics > Economic policy > Economic policy > Structural policy > Structural adjustment
Economics > Economic structure > Economic system > Economic reform > Structural adjustment
European Union > EU finance > EU financing > EU financial instrument > Fund (EU) > Structural Funds > European Regional Development Fund > Structural adjustment

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