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Term of the Day
structural adjustment
structural
Structural Adjustment Loan Facility (SAL)
Definition
The reallocation of
resources
(
labor
and
capital
) among
sectors
of the
economy
in response to changing
economic
circumstances, including
trading
conditions
, or
changes
in
policy
.
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Popular 'Economy' Terms
GDP
recession
inflation
command economy
bear market
demand
fiscal policy
monetary policy
deflation
cyclical
Mentioned in these terms
Structural Adjustment Loan Facility (SAL)
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