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.
KeywordsMember State Internal Market Euro Area Economic Integration Pension System
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