Growth And Structural Reforms
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Author | : Jakob de Haan |
Publisher | : Springer |
Total Pages | : 293 |
Release | : 2018-03-22 |
Genre | : Political Science |
ISBN | : 3319744003 |
Download Structural Reforms Book in PDF, Epub and Kindle
This book presents a selection of contributions on the timely topic of structural reforms in Western economies, written by experts from central banks, the International Monetary Fund, and leading universities. It includes latest research on the impacts of structural reforms on the market economy, especially on the labor market, and investigates the results of collective bargaining in theory and practice. The book also comprises case studies of structural reforms. A literature survey on the topic serves as a valuable source for further research. The book is written by and targeted at both academics and policy makers.
Author | : Mr.Jonathan David Ostry |
Publisher | : International Monetary Fund |
Total Pages | : 62 |
Release | : 2009-10-15 |
Genre | : Business & Economics |
ISBN | : 1589068181 |
Download Structural Reforms and Economic Performance in Advanced and Developing Countries Book 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.
Author | : Jorge M. Katz |
Publisher | : United Nations Publications |
Total Pages | : 164 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : |
Download Structural Reforms, Productivity and Technological Change in Latin America Book in PDF, Epub and Kindle
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.
Author | : Rudiger Dornbusch |
Publisher | : University of Chicago Press |
Total Pages | : 440 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226158470 |
Download Reform, Recovery, and Growth Book in PDF, Epub and Kindle
The debt crisis of 1982 caused serious economic disruptions in most developing countries. Reform, Recovery, and Growth explains why some of these countries have recovered from the debt crisis, while more than a decade later others continue to stagnate. Among the questions addressed are: What are the requirements for a stabilization policy that reduces inflation in a reasonable amount of time at an acceptable cost? What are the effects of structural reforms, especially trade liberalization, deregulation, and privatization, on growth in the short and long runs? How do macroeconomic instability and adjustment policies affect income distribution and poverty? How does the specific design of structural adjustment efforts affect results? In this companion to Macroeconomics of Populism in Latin America, the authors confirm that macroeconomic stability has a positive effect on income distribution. The volume presents case studies that describe in detail the stabilization experiences in Brazil, Israel, Argentina, and Bolivia, and also includes discussion of Chile, Mexico, Peru, and Turkey.
Author | : Panagiotis E. Petrakis |
Publisher | : Springer Nature |
Total Pages | : 277 |
Release | : 2020-07-23 |
Genre | : Business & Economics |
ISBN | : 3030431819 |
Download Economic Growth and Development Policy Book in PDF, Epub and Kindle
This book provides the theoretical and analytical background necessary to understanding the process of growth and the implementation of economic policies. First, it presents the growth theory landscape and the evolution of growth as well as modern growth theory arguments where the policy implications of the theoretical approaches are set. The book then covers the relationship between policy and growth, discussing not only the growth prototypes that prevail but also their relation to politics and economic policy formation and decision making. In this context, policy formation determinants, as well as the targets, instruments, and policy implementations, are crucial. The role of structural changes and structural reforms and their relationship with economic growth is also analyzed. The book ends with an interdisciplinary study of how institutions and cultural background, entrepreneurship and innovation affect policy formation.
Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 384 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780821360439 |
Download Economic Growth in the 1990s Book in PDF, Epub and Kindle
This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.
Author | : Kwang Suk Kim |
Publisher | : BRILL |
Total Pages | : 224 |
Release | : 2020-03-17 |
Genre | : History |
ISBN | : 1684172195 |
Download Growth and Structural Transformation Book in PDF, Epub and Kindle
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 223 |
Release | : 2012-02-24 |
Genre | : |
ISBN | : 9264168443 |
Download Economic Policy Reforms 2012 Going for Growth Book in PDF, Epub and Kindle
Going for Growth is the OECD’s annual report highlighting developments in structural policies in OECD countries. It identifies structural reform priorities to boost real income for each OECD country and key emerging economies.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 180 |
Release | : 2007-02-13 |
Genre | : |
ISBN | : 9789264030480 |
Download Economic Policy Reforms 2007 Going for Growth Book in PDF, Epub and Kindle
Based on a broad set of indicators of structural policies and performance, Going for Growth 2007 takes stock of the recent progress made in implementing policy reforms and identifies, for each OECD country, five policy priorities to lift growth.
Author | : Mr.Andrew Swiston |
Publisher | : International Monetary Fund |
Total Pages | : 22 |
Release | : 2011-10-01 |
Genre | : Business & Economics |
ISBN | : 1463923279 |
Download The Role of Structural Reforms in Raising Economic Growth in Central America Book in PDF, Epub and Kindle
Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been slow. Moreover, forecasts imply that these trends will continue. What can be done to spur higher growth in Central America? We bring new data to bear on this question-version 7.0 of the Penn World Table and a new IMF database on structural reforms. Our cross-country panel regression of economic growth using System GMM captures the importance to growth of conditional convergence, factor accumulation, and macro policies. In addition, structural efficiency is a significant factor in explaining growth performance. We construct a broad index of efficiency and find that increasing the degree of structural efficiency by one standard deviation raises growth by 1⁄2 percent. This implies that Central American countries could significantly increase their long-run growth rates by increasing the flexibility of markets and improving the quality of regulation.