Policies that require countries to privatize state-run firms, end subsidies, reduce tariff barriers, shrink the size of the state, and welcome foreign investment are sometimes known as:

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Renee Craig

Business

19 September, 20:13

Policies that require countries to privatize state-run firms, end subsidies, reduce tariff barriers, shrink the size of the state, and welcome foreign investment are sometimes known as:

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Jonathan Gay · Answer 1

Answer is Structural adjustment.

Structural adjustment is arrangements of progression; obliged nations to privatize state-run firms, end endowments, diminish duty boundaries, recoil size of state, welcome remote venture; answer for monetary problem of less created countries, state had excessively turn in market so the state ought to pull back, IMF took after the possibility that a littler state is better for the economy (less direction, unhindered commerce, diminished estimation of cash)