Author : Organisation for Economic Co-operation and Development
Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)
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Book Synopsis Trade and Structural Adjustment by : Organisation for Economic Co-operation and Development
Download or read book Trade and Structural Adjustment written by Organisation for Economic Co-operation and Development. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: The term 'adjustment' relates to the use of policy instruments to effect structural changes in the economic environment, in order to help facilitate growth promotion through improvements in productivity and market competition. This publication examines the reallocation of labour and capital to achieve more efficient use of new sources of competition, technological change and shifting consumer preferences, whilst limiting adjustment costs for individuals, communities and society as a whole. Based on specific sectoral case studies, it includes analysis of the adjustment challenge and policy framework in both developed and developing countries, together with practical recommendations for good practice.