Final answer:
Structural adjustment in the medium term involves policies and reforms to address economic imbalances and promote growth. It includes debt cancellation, the liberalization of trade, the deregulation of markets, and the privatization of state-owned industries, except for debt cancellation.
Step-by-step explanation:
In the medium term, "structural adjustment" refers to a set of policies and reforms implemented by governments to address economic imbalances and promote growth. It typically involves measures such as debt cancellation, the liberalization of trade, the deregulation of markets, and the privatization of state-owned industries. However, in the context of the question, the correct answer is debt cancellation. This means that debt cancellation is not typically part of the structural adjustment process.
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