structural adjustment

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English

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Noun

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structural adjustment (countable and uncountable, plural structural adjustments)

  1. (economics) The offering of loans by the International Monetary Fund and the World Bank to countries experiencing economic crisis, with the aim of adjusting their economic structure, improving international competitiveness, and restoring the balance of payments.

Derived terms

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  • SAL: structural adjustment loan
  • SAP: structural adjustment program
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