structural adjustment

Language:

Definition

Process of market-oriented economic reform aimed at restoring a sustainable balance of payments, reducing inflation, and creating the conditions for sustainable growth in per capita income.

 

Propose an update

Source(s)

Alexander, P., and Baden, S. (2000). Glossary on Macroeconomics from a Gender Perspective. Bridge Institute of Development Studies. Available at:

http://www.iiav.nl/epublications/2000/glossary_on_macroeconomics.pdf

URI: http://eige.europa.eu/taxonomy/term/1398