Abstract
The domain of structural or microeconomic policies, occasionally also referred to as supply-side or long-term policies, is vast and much more difficult to characterise than macroeconomic policies. Structural polides typically affect particular sectors or are otherwise selective in their impact. They aim at strengthening the supply side of the economy and at improving its capacity to adjust to changing circumstances. The final objective is to raise the long-term growth potential of the economy and thereby its capacity to deliver high living standards as well as social and environmental protection.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2005 Sixten Korkman
About this chapter
Cite this chapter
Korkman, S. (2005). Structural Policies. In: Economic Policy in the European Union. Palgrave Macmillan, London. https://doi.org/10.1057/9780230511293_7
Download citation
DOI: https://doi.org/10.1057/9780230511293_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-52206-4
Online ISBN: 978-0-230-51129-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)