It depends on a lot of structural factors".
If the slowdown is a consequence of structural factors, or policy changes, it might well sustain.
"If people remain at risk of slipping back into poverty because of structural factors and persistent vulnerabilities, development progress will remain precarious," Clark said.
This was a move away from seeing poverty as the result of structural factors such as low wages towards viewing it as the consequence of ill-advised lifestyle choices.
Many have suggested that the fact that long-term unemployment is at record levels is a sign that the high unemployment rate is the result of structural factors.
While some of that decline is because of structural factors like the retirement of baby boomers and the continuing shift from industrial jobs, the trend has accelerated significantly since 2007, prompting many economists to conclude it is primarily a cyclical phenomenon that can be cured only by faster economic growth.
Weighing in on a debate that has preoccupied Fed officials, Mr. Bernanke planted himself on the side of those who view the high unemployment rate — 9.6 percent — as an outcome of the sharp contraction in economic demand that followed the financial crisis, rather than of structural factors like a mismatch between workers' qualifications and the skills required by employers.
True, there have been more conspiracy theories coming out of the right lately, but that's probably more a function of structural factors — a Democratic President, a conservative media establishment that's built around the idea that conventional sources are lying to you — than anything else.
At Mumbai drinks parties, after a scotch too many, industrialists can be reduced to apoplexy on this subject the central bank, they argue, has overreacted, killing growth to tame an inflation problem that is largely the result of structural factors such as poor food supply chains.
