Stabilization, Adjustment, Reform and Privatization
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- Subject
- Stabilization, Adjustment, Reform and Privatizationeconomics-mcqs › stabilization-adjustment-reform-and-privatization
- Published
- 30 May 2019
- Last updated
- 28 May 2026
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Explanation
Structural economists from ECLA focused on the importance of lasting institutional reforms and fundamental changes in the economic structure, rather than short-term fixes like monetary tightening or currency devaluation.
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Practice related questions from the same subject.
- 1.Vladimir Popov, a critic of the 'shock therapy' approach for transitioning economies, argues that proponents of this method primarily focus on what aspect?
- 2.Which of the following best describes the policies encompassed by privatization?
- 3.What is another term commonly used for state-owned enterprises (SOEs)?
- 4.What does the industrial concentration ratio represent in terms of industry output?
- 5.During 1979-80, China established _____ to allow foreigners to create businesses, employ workers, and import goods without duties for processing and re-export purposes. What were these zones called?
- 6.Which of the following actions can countries with a continuous external deficit take?
- 7.Given that S represents savings, I stands for domestic investment, X denotes exports of goods and services, and M indicates imports of goods and services, which of the following equations is correct?
- 8.Which institution typically acts as the lender of last resort for countries facing persistent balance of payments deficits and needing to borrow internationally?
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