Why are structural reforms also referred to as 'microeconomic structural adjustment measures'?
Download our app for free and get started
Structural reforms are also referred to as ‘microeconomic structural adjustment measures' as they are targeted at specific sectors of the economy. These measures are related to the changes made in industrial policy, trade policy, public sector policy, price policy and tariff policy.
Download our appand get started for free
Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*
Similar Questions
- 1View SolutionWhat is the main objective of World Trade Organisation?
- 2View SolutionWhat are tariff barriers?
- 3View SolutionWhat was the limit of automatic approval for direct foreign investment?
- 4View SolutionMention the recent tax introduced by the Government of India.
- 5View SolutionWhy has outsourcing intensified in recent times?
- 6View SolutionWhy does government need to generate funds?
- 7View SolutionMention any two reasons responsible for the initiation of economic reforms in India.
- 8View SolutionDistinguish between the following:
Bilateral and Multi-lateral trade - 9View SolutionSome Public Sector Undertakings (PSUS) have been granted special status as navaratnas and mini ratnas by Government. Why did Government declare them as navaratnas?
- 10View SolutionWho facilitates bilateral and multilateral trade agreements?