Structural Reforms and Macroeconomic Performance - Country Cases

Structural Reforms and Macroeconomic Performance - Country Cases PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344100
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selection of case studies on the structural reform experiences of member countries. These papers update the Board on work since the Triennial Surveillance Review toward strengthening the Fund’s capacity to analyze and, where relevant, offer policy advice on macro-relevant structural issues. The paper builds on the already considerable analytical work underway across the Fund, setting out considerations to support a more strategic approach going forward.

Structural Reforms and Macroeconomic Performance - Country Cases

Structural Reforms and Macroeconomic Performance - Country Cases PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344100
Category : Business & Economics
Languages : en
Pages : 28

Get Book Here

Book Description
As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selection of case studies on the structural reform experiences of member countries. These papers update the Board on work since the Triennial Surveillance Review toward strengthening the Fund’s capacity to analyze and, where relevant, offer policy advice on macro-relevant structural issues. The paper builds on the already considerable analytical work underway across the Fund, setting out considerations to support a more strategic approach going forward.

Macro-economic stabilisation and structural reform

Macro-economic stabilisation and structural reform PDF Author: Rudiger Ahrend
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 372

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Book Description


Structural Reform and Macroeconomic Policy

Structural Reform and Macroeconomic Policy PDF Author: R. Solow
Publisher: Springer
ISBN: 0230524443
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
The relation between structural reform and macroeconomic policy underlies the widespread perception that the large European economies have under-performed in the past decade in comparison both with their own standards and with the contemporaneous performance of the United States. This book, edited and introduced by Noel Laureate Robert M. Solow, provides analyses of how these economies could take a co-ordinated and simultaneous approach to reform in labour and product markets and the demand side.

Macroeconomic Policies and Structural Reform

Macroeconomic Policies and Structural Reform PDF Author: Organisation for Economic Co-operation and Development
Publisher: OECD
ISBN:
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
Contains the papers presented at the international conference "Interactions between structural reform, macroeconomic policies and economic performance" & summarises discussions held. Part of the follow-up programme of work [from] the OECD jobs study. - On cover: OECD proceedings

Coordinating Stabilization and Structural Reform

Coordinating Stabilization and Structural Reform PDF Author: Mr.Richard C. Bart
Publisher: International Monetary Fund
ISBN: 9781557754301
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
This seminar volume, edited by Richard C. Barth, Alan R. Roe, and Chorng-Huey Wong, presents an overview of the links between structural and macroeconomic policies that were addressed in an IMF Institute seminar held in Washington, D.C., in 1993. The most important areas of structural reform are covered: the price system, tax and expenditure policy, exchange rate management, external trade, public enterprises, the financial sector, and social safety nets. Four case studies are presented: China, Poland, Argentina, and the Gambia.

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies PDF Author: MissAnna Rose Bordon
Publisher: International Monetary Fund
ISBN: 151358992X
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
Structural reforms are expected to lift growth and employment, but their effects are surprisingly difficult to pin down empirically. One reason is their potential endogeneity to the economic environment in which they are conducted. For example, the impact of a reform implemented shortly before a cyclical upswing is difficult to distinguish from the recovery itself. Similarly, macroeconomic policies conducted along a structural reform could affect the estimated impact. Exploring various options, this paper develops robust estimates of the impact of labor and product market reforms by using local projection techniques while controlling for endogeneity of reforms and other biases. The results suggest that labor and product market reforms have a lagged but positive impact on employment creation, and the positive effect remains even after controlling for the endogeneity of the decision to reform. Supportive macroeconomic policies are found to increase the effect of labor and product market reforms, consistent with the view that some structural reforms are best initiated in conjunction with supportive fiscal or monetary policy.

Structural Reforms and Macroeconomic Performance - Initial Considerations for the Fund

Structural Reforms and Macroeconomic Performance - Initial Considerations for the Fund PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344119
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
Structural policies have become a prominent feature of today’s macroeconomic policy discussion. For many countries, lackluster economic growth and high unemployment cloud the outlook. With fewer traditional policy options, policymakers are increasingly focused on the complementary role of structural policies in promoting more durable job-rich growth. In particular, the G20 has emphasized the essential role of structural reforms in ensuring strong, sustainable and balanced growth. Against this backdrop, the 2014 Triennial Surveillance Review (TSR) called for further work to enhance the Fund’s ability to selectively provide more expert analysis and advice on structural issues, particularly where there is broad interest among member countries. The purpose of this paper is to engage the Board on staff’s post-TSR work toward strengthening the Fund’s capacity to analyze and, where relevant, offer policy advice on macro-relevant structural issues.

Reconciling Stability and Growth

Reconciling Stability and Growth PDF Author: Mr.Roel M. W. J. Beetsma
Publisher: International Monetary Fund
ISBN: 145185871X
Category : Business & Economics
Languages : en
Pages : 34

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Book Description
This paper analyzes the decision of a government facing electoral uncertainty to implement structural reforms in the presence of fiscal restraints similar to the Stability and Growth Pact. The model shows that a pact may harm structural reforms, sacrificing future growth for present stability. The welfare gains brought about by a pact depend on a trade-off between the reduction in the deficit bias and the induced reduction in the amount of structural reform. A pact becomes more attractive (“smarter”) if it takes into account the fiscal impact of structural reforms, in line with a recent proposal by the European Commission.

Coordinating Stabilization and Structural Reform

Coordinating Stabilization and Structural Reform PDF Author: Richard Carl Barth
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
An overview of the link between structural reform and macroeconomic policies is presented in this publication. The price system, tax expenditure policy, exchange rate management, external trade, public enterprises, financial sector, and social safety nets are all examined. Four case studies illustrate the reform process in diverse economic settings. China and Poland, both transition economies, show the gradual and big bang approaches. Argentina, an upper middle-income developing economy, and The Gambia, a low-income developing economy illustrate structural reform programmes in non-transition settings.

The Experience of Developing Countries with Macroeconomic Stabilisation and Structural Adjustment

The Experience of Developing Countries with Macroeconomic Stabilisation and Structural Adjustment PDF Author: Ulrich Hiemenz
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 34

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Book Description