As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selectio
Structural policies have become a prominent feature of today’s macroeconomic policy discussion. For many countries, lackluster economic growth and high unempl
This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy,
The relation between structural reform and macroeconomic policy underlies the widespread perception that the large European economies have under-performed in th