What does structural adjustment mean?
Definitions for structural adjustment
struc·tural adjust·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word structural adjustment.
Wikidata
Structural adjustment
Structural adjustment programs consist of loans provided by the International Monetary Fund and the World Bank to countries that experienced economic crises. The two Bretton Woods Institutions require borrowing countries to implement certain policies in order to obtain new loans. The conditionality clauses attached to the loans have been criticized because of their effects on the social sector. SAPs are created with the goal of reducing the borrowing country's fiscal imbalances in the short and medium term or in order to adjust the economy to long-term growth. The bank from which a borrowing country receives its loan depends upon the type of necessity. The IMF usually implements stabilisation policies and the WB is in charge of adjustment measures. SAPs are supposed to allow the economies of the developing countries to become more market oriented. This then forces them to concentrate more on trade and production so it can boost their economy. Through conditions, SAPs generally implement "free market" programs and policy. These programs include internal changes as well as external ones, especially the reduction of trade barriers.
Numerology
Chaldean Numerology
The numerical value of structural adjustment in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of structural adjustment in Pythagorean Numerology is: 1
Examples of structural adjustment in a Sentence
Given the short-term rising downward pressure, it does not benefit China's structural adjustment if economic growth is too slow or too fast.
Energy consumption will be less than 5 billion tonnes if China's structural adjustment goes smoothly.
It is not simply a matter of easing steel overcapacity, but a need to focus on structural adjustment and upgrading our country's steel sector to transform from a large steel nation to a strong steel nation.
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"structural adjustment." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/structural+adjustment>.
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