11. But an investor-friendly government is following an International Monetary Fund structural adjustment plan which calls for fiscal conservatism. 12. But Panama is locked into a structural adjustment agreement with the International Monetary Fund that runs through next year. 13. Each story is individual, but the troubles indicate broad structural adjustments afoot. 14. He noted that IMF structural adjustment programs are already under way in some African countries and studies of those programs have shown disturbing effects. 15. In fact, if there were no layoffs, that would be a sign that the United States was somehow missing needed structural adjustment. 16. In Zimbabwe, gross domestic product is lower now than when its structural adjustment program began. 17. Many of the things that were done to make structural adjustment work meant that an enormous number of companies went broke. 18. Most countries going through the unpleasant experience of IMF-supervised structural adjustment see GDP, and the income of the poor, fall in the early stages. 19. The advance of technology poses a challenge similar to that of globalization in forcing on the industrial economies the painful process known to economists as structural adjustment. 20. The member countries from Latin America, Asia and Africa have much in common in dealing with structural adjustment programs and lingering international debt, she said. |