Structural Adjustment means an amendment, waiver or variation of the terms of some or all of the Finance Documents that results from or is intended to result from or constitutes:
Structural Adjustment has the meaning given to it in Clause 26.6 (Structural Adjustments).
Structural Adjustment has the meaning given to it in Clause 41.3 (Exceptions).
Examples of Structural Adjustment in a sentence
Sahelian West Africa: Impact of Structural Adjustment Programs on Agricultural Competitiveness and Regional Trade.
Structural Adjustment Increase of 2.0% effective the first full pay period commencing on or after 3 March 2011.
Structural Adjustment Increase of 2.0% effective the first full pay commencing period on or after 3 March 2011.
Structural Adjustment Increase of 1.5% effective the first full pay period commencing on or after 5 March 2009.
Chandrasekhar, (2007) ‘India: Dirigisme, Structural Adjustment, and the Radical Alternative’, in B.
More Definitions of Structural Adjustment
Structural Adjustment means, otherwise than as contemplated in Clauses 2.2 (Incremental Facilities) or 2.3 (Increase):
Structural Adjustment means, otherwise than as contemplated in clauses 2.2 (Incremental Term Facilities) or 2.3 (Increase):
Structural Adjustment means, otherwise than as contemplated in Clause 2.2 (Increase), Clause 6 (Incremental Facility):
Structural Adjustment has the meaning given to such term in clause 41.2 (Exceptions) of the Senior Facilities Agreement.
Structural Adjustment has the meaning given to it in Clause 38 (Amendments and Waivers).
Structural Adjustment which means orienting their economies to repay their loans at the expense of their social services to their populations. Unlike the egalitarian principle of the United Nations "one nation, one vote" principle, the World Bank's internal politics is determined by the relative size of the capital allotment to the Bank from each nation-state. The three largest holders of bank capital (1987 figures, in both the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD) were the United States, West Germany, and Japan. It is the interest payments which seems to be the Banks largest profit generator. The International Bank for Reconstruction and Development figures for 1987 showed that the bank had taken "$1.1 billion more in repayments of interest and principal on old loans that it paid out in new loans to the developing countries." [Hancock, 1989] Thus in this privatized economy of scale, organized and orchestrated by a few incredibly wealthy nation-states, the greater number of nation-states are getting a poor return in the organization as well as experiencing a maintenance and increasing impoverishment of their marginalized position.
Structural Adjustment program means the implementation of fiscal restrictions, and it is reflected in the reduction of social expenditures (for services of health, education, public services, social assistance) and investments. Thus, the neoliberal concept is entirely contrary to the concept of the "welfare state" and "social state." The famous Washington Consensus and the Structural adjustment program are the instruments by which powerful global institutions of neoliberal capitalism (International Monetary Fund, World Bank, World Trade Organization, transnational corporations) impose on states requirements which present a scenario of destruction of states and economies, and relate to: deregulation of financial markets and capital market liberalization - thereby depriving the state of control of money; abolition of controls over foreign investment and lowering the corporate income tax - which achieves the dominance of foreign production over domestic production; freedom of competition, liberalization of foreign trade and the abolition of restrictions on inflow of foreign investment - which implies the existence of the free flow of capital and the elimination of import tariffs as a mechanism of protection of domestic production; progressive elimination of barriers to international trade and capital flows; free trade and market forming of prices;