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Meaning of structural adjustment | Babel Free

Noun CEFR B2

Definitions

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.

countable, uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

structural anthropologist structural anthropology structural biology structural deficit structural disorder structural engineer

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