Structural Adjustments and International Trade
Jacques de Bandt
Abstract
Jacques de Bandt
Abstract
The present-day emphasis on structural adjustments and on policies designed to promote them is no doubt a result of the crisis and the situation of latent recession being experienced by the industrialised countries, particularly in Europe. The crisis has revealed various structural maladjustments, while the ineffectiveness of global policies indicates that structural treatment is required. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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The present-day emphasis on structural adjustments and on policies designed to promote them is no doubt a result of the crisis and the situation of latent recession being experienced by the industrialised countries, particularly in Europe. The crisis has revealed various structural maladjustments, while the ineffectiveness of global policies indicates that structural treatment is required. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Key concepts: Recession, Structural adjustment, Great recession, Economics, Macroeconomics, Keynesian economics, Market economy