Structural Impediments

Structural impediments in Global Commerce Policy

In this regard, a definition of this issue is as follows: structural features of an economy seen as impeding the emergence of fully competitive markets. These can result from inappropriate or excessive regulation, widespread use of subsidies, the existence of private or government monopolies, rigid labour markets, inadequate disciplines on restrictive business practices and other similar factors.[1]

Structural impedimentsin the wold Encyclopedia

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

Resources

Notes and References

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

See Also