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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What did structural economists at the United Nations Economic Commission for Latin America (ECLA) primarily stress?
Multiple choice question for Stabilization, Adjustment, Reform and Privatization. Select an option, then review the explanation below.
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?