From Structural Adjustment to Social Adjustment

The social impact of structural adjustment in Bolivia

This paper provides an account of the evolution of poverty and inequality during adjustment in Bolivia, covering the period 1985–99. It turns out that urban poverty declined somewhat after the initial stabilization phase that followed the hyperinflation in 1985. A similar evolution of per capita income suggests a positive impact of growth on urban poverty, although the correlation between the t...

Modeling structural relationships of mind theory with tendency to virtual networks through mediating of social adjustment in gifted students

Introduction: Cyberspace covers many aspects of human life and this tendency to cyberspace can be influenced by cognitive and emotional dimensions. So the aim of this study was modeling structural relationships of mind theory with tendency to virtual networks through mediating of social adjustment in Gifted students. Methods: The research method was descriptive-correlation and in particular str...

A Problem in Social Adjustment

Lessons from Structural Adjustment Programmes and their Effects in Africa

After independence around 1960, African countries started with high hopes for rapid growth and development. Whereas the initial performance was remarkable, economic development slowed in the 1970s and stagnated in the 1980s. In response, the states’ attempts to reinvigorate economic growth through state-led investments and import substitution industrialisation strategies were unsuccessful. The ...

Factor adjustment costs: A structural investigation

This paper assesses various capital and labor adjustment costs functions estimating a general equilibrium framework with Bayesian methods using US aggregate data. The estimation finds that the adjustment costs are convex in both capital and labor and allowing for their joint interaction is important. The structural model enables us to identify the response of factor adjustment costs to exogenou...