Structural Reforms and Macroeconomic Performance - Initial Considerations for the Fund - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Reforms and Macroeconomic Performance - Initial Considerations for the Fund write by International Monetary Fund. This book was released on 2015-10-14. Structural Reforms and Macroeconomic Performance - Initial Considerations for the Fund available in PDF, EPUB and Kindle. 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.
Structural Reforms and Macroeconomic Performance - Country Cases
Structural Reforms and Macroeconomic Performance - Country Cases - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Reforms and Macroeconomic Performance - Country Cases write by International Monetary Fund. This book was released on 2015-10-14. Structural Reforms and Macroeconomic Performance - Country Cases available in PDF, EPUB and Kindle. 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
Structural Reforms and Macroeconomic Performance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Reforms and Macroeconomic Performance write by . This book was released on . Structural Reforms and Macroeconomic Performance available in PDF, EPUB and Kindle.
Structural Reforms and Economic Performance in Advanced and Developing Countries
Structural Reforms and Economic Performance in Advanced and Developing Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Reforms and Economic Performance in Advanced and Developing Countries write by Mr.Jonathan David Ostry. This book was released on 2009-10-15. Structural Reforms and Economic Performance in Advanced and Developing Countries available in PDF, EPUB and Kindle. This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy, while maintaining appropriate regulatory frameworks. The results reflect a new dataset covering reforms of domestic product markets, international trade, the domestic financial sector, and the external capital account, in 91 developed and developing countries. Among the key results of this study, the authors find that real and financial reforms (and, in particular, domestic financial liberalization, trade liberalization, and agricultural liberalization) boost income growth. However, growth effects differ significantly across alternative reform sequencing strategies: a trade-before-capital-account strategy achieves better outcomes than the reverse, or even than a "big bang"; also, liberalizing the domestic financial sector together with the external capital account is growth-enhancing, provided the economy is relatively open to international trade. Finally, relatively liberalized domestic financial sectors enhance the economy's resilience, reducing output costs from adverse terms-of-trade and interest-rate shocks; increased credit availability is one of the key mechanisms.
Structural Reforms and Firms’ Productivity: Evidence from Developing Countries
Structural Reforms and Firms’ Productivity: Evidence from Developing Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Reforms and Firms’ Productivity: Evidence from Developing Countries write by Wilfried A. Kouamé. This book was released on 2018-03-19. Structural Reforms and Firms’ Productivity: Evidence from Developing Countries available in PDF, EPUB and Kindle. This paper assesses the effects of structural reforms on firm-level productivity for 37 developing countries from 2006 to 2014 period. It takes advantage of the IMF Monitoring of Fund Arrangements dataset for reform indexes and the World Bank Enterprise Surveys for firm-level productivity. The paper highlights the following results. Structural reforms such as financial, fiscal, real sector, and trade reforms, significantly improve firm-level productivity. Interestingly, real sector reforms have the most sizeable effects on firm-level productivity. The relationship between structural reforms and firm-level productivity is nonlinear and shaped by some firms’ characteristics such as the financial access, the distortionary environment, and the size of firms. The pace of structural reforms matters since being a “strong reformer” is associated with a clear productivity dividend for firms. Finally, except for financial and trade reforms, all structural reforms under consideration are bilaterally complementary in improving firm-level productivity. These findings are robust to several sensitivity checks.
