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The Reform of Macroeconomic Policy

The Reform of Macroeconomic Policy
Author: J. Perkins
Publisher: Springer
Total Pages: 214
Release: 2016-01-13
Genre: Business & Economics
ISBN: 0230288731

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This book discusses ways to improve macroeconomic policy in the context of the various macroeconomic problems of the past two decades, with the chapters having been written at various times over that period. It emphasises the need to find the best combinations of monetary policy and different forms of taxation and government outlays to achieve high employment and low inflation. There is a concluding chapter discussing the special problems that arise when inflation has become low, zero or even negative.


Economic Policy Reform

Economic Policy Reform
Author: Anne O. Krueger
Publisher: University of Chicago Press
Total Pages: 634
Release: 2000
Genre: Business & Economics
ISBN: 9780226454481

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"Anne O. Krueger has assembled and deftly summarized an excellent set of papers on the major issues in economic reform in developing countries at the turn of the century."--Stanley Fischer, International Monetary Fund The papers and commentary collected in this volume discuss vital contemporary thinking on economic policy reform--in particular, the difficulties that leave so much of the world mired in poverty. Distinguished contributors address issues ranging from education and privatization to exchange rates and telecommunications reform, providing an excellent overview of the current situation and the possible paths into the future.


The Political Economy of Policy Reform

The Political Economy of Policy Reform
Author: John Williamson
Publisher: Peterson Institute
Total Pages: 630
Release: 1994
Genre: Business & Economics
ISBN: 9780881321951

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Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.


Macroeconomic Policies and Structural Reform

Macroeconomic Policies and Structural Reform
Author: Organisation for Economic Co-operation and Development
Publisher: OECD
Total Pages: 356
Release: 1996
Genre: Business & Economics
ISBN:

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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


Structural Reform and Macroeconomic Policy

Structural Reform and Macroeconomic Policy
Author: R. Solow
Publisher: Springer
Total Pages: 180
Release: 2004-06-29
Genre: Business & Economics
ISBN: 0230524443

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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.


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
Author: MissAnna Rose Bordon
Publisher: International Monetary Fund
Total Pages: 28
Release: 2016-03-15
Genre: Business & Economics
ISBN: 1513590243

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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.


Economic Policy Reforms 2007 Going for Growth

Economic Policy Reforms 2007 Going for Growth
Author: OECD
Publisher: OECD Publishing
Total Pages: 180
Release: 2007-02-13
Genre:
ISBN: 9789264030480

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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.


Macroeconomic Policies and Structural Reform

Macroeconomic Policies and Structural Reform
Author: OECD
Publisher: OECD Publishing
Total Pages: 327
Release: 1996-12-10
Genre:
ISBN: 9264062173

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Faced with increased unemployment, declining productivity and weak public finances, most OECD countries have adopted policies of fiscal consolidation and structural reform in goods, labour and financial markets. Price stability is now at hand, but ...


Macroeconomic Policies for Stable Growth

Macroeconomic Policies for Stable Growth
Author: Delano Villanueva
Publisher: World Scientific
Total Pages: 271
Release: 2008
Genre: Business & Economics
ISBN: 9812818308

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"This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, the South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-oriented book examines the links between macroeconomic policies and noninflationary, full-employment levels and growth rates of aggregate gross domestic product, with particular focus on the application in emerging markets of the tools of growth theory. Theoretically sound and grounded in practical wisdom, this book is an essential reading for economic, financial and developmental policymakers, professional economists, and undergraduate/graduate students in economics and social sciences."--BOOK JACKET.


Reform of Macroeconomic Policy

Reform of Macroeconomic Policy
Author:
Publisher:
Total Pages:
Release: 1999
Genre:
ISBN: 9781349415212

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This book discusses ways to improve macroeconomic policy in the context of the various macroeconomic problems of the past two decades, with the chapters having been written at various times over that period. It emphasises the need to find the best combinations of monetary policy and different forms of taxation and government outlays to achieve high employment and low inflation. There is a concluding chapter discussing the special problems that arise when inflation has become low, zero or even negative.