Anchoring Growth The Importance Of Productivity Enhancing Reforms In Emerging Market And Developing Economies

Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 1475524595
Total Pages : 36 pages
Book Rating : 4.98/5 ( download)

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Download or read book Anchoring Growth written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2013-09-24 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and anchor medium-term growth prospects. This SDN will emphasize the role of structural reforms and supportive policy and institutional frameworks for boosting productivity–a key engine of economic growth–in the wake of the crisis. By examining a broad spectrum of reforms that eliminate impediments to growth, the paper will seek to highlight a differentiated policy agenda across countries.

Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 1616357290
Total Pages : 36 pages
Book Rating : 4.90/5 ( download)

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Download or read book Anchoring Growth written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2013-09-24 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and anchor medium-term growth prospects. This SDN will emphasize the role of structural reforms and supportive policy and institutional frameworks for boosting productivity–a key engine of economic growth–in the wake of the crisis. By examining a broad spectrum of reforms that eliminate impediments to growth, the paper will seek to highlight a differentiated policy agenda across countries.

Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 149830656X
Total Pages : 35 pages
Book Rating : 4.60/5 ( download)

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Download or read book Structural Reforms and Productivity Growth in Emerging Market and Developing Economies written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2016-02-09 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and developing economies (EMDEs) than others. Recognizing the possibility of time lags between reform implementation and reform payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term.

Author : Ms. Era Dabla-Norris
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781475546873
Total Pages : 36 pages
Book Rating : 4.74/5 ( download)

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Download or read book Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies written by Ms. Era Dabla-Norris and published by INTERNATIONAL MONETARY FUND. This book was released on 2013-12-11 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and anchor medium-term growth prospects. This SDN will emphasize the role of structural reforms and supportive policy and institutional frameworks for boosting productivity–a key engine of economic growth–in the wake of the crisis. By examining a broad spectrum of reforms that eliminate impediments to growth, the paper will seek to highlight a differentiated policy agenda across countries.

Author : Era Dabla-Norris
Publisher :
ISBN 13 : 9781498309479
Total Pages : 35 pages
Book Rating : 4.7X/5 ( download)

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Download or read book Structural Reforms and Productivity Growth in Emerging Market and Developing Economies written by Era Dabla-Norris and published by . This book was released on 2016 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and developing economies (EMDEs) than others. Recognizing the possibility of time lags between reform implementation and reform payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term."-

Author : Gustavo Adler
Publisher : International Monetary Fund
ISBN 13 : 1475589824
Total Pages : 98 pages
Book Rating : 4.25/5 ( download)

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Download or read book Gone with the Headwinds written by Gustavo Adler and published by International Monetary Fund. This book was released on 2017-04-03 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: to come

Author : Bertrand Gruss
Publisher : International Monetary Fund
ISBN 13 : 1484345452
Total Pages : 39 pages
Book Rating : 4.50/5 ( download)

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Download or read book Growth Accelerations and Reversals in Emerging Market and Developing Economies: The Role of External Conditions written by Bertrand Gruss and published by International Monetary Fund. This book was released on 2018-03-12 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates how country-specific external demand, external financial conditions, and terms of trade affect medium-term growth in Emerging Market and Developing Economies and the occurrence of growth accelerations and reversals. The importance of country-specific external conditions for medium-term growth has increased over time—in particular, the growing contribution of external financial conditions accounts for one-third of the increase in average income per capita growth between 1995–2004 and 2005–14. Stronger external demand and financial conditions significantly increase the probability of growth accelerations, while a strengthening of any of the three conditions significantly decreases the probability of reversals.

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.54/5 ( download)

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Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Author : Min Zhu
Publisher : International Monetary Fund
ISBN 13 : 1513515357
Total Pages : 46 pages
Book Rating : 4.59/5 ( download)

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Download or read book China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach written by Min Zhu and published by International Monetary Fund. This book was released on 2019-11-27 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence.

Author : Mr.Luis M. Cubeddu
Publisher : International Monetary Fund
ISBN 13 : 1498327664
Total Pages : 37 pages
Book Rating : 4.64/5 ( download)

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Download or read book Emerging Markets in Transition written by Mr.Luis M. Cubeddu and published by International Monetary Fund. This book was released on 2014-06-12 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the crisis. This raises the question of whether EMs can bounce back to the growth rates seen in the last decade or whether their prospects are dimmer than thought a few years ago. This SDN we will explore the drivers of the slowdown, how changes in external conditions that supported high growth in EMs will affect them over the medium term, and the policy priorities needed to sustain the growth rates seen in the past decades. In doing so, the paper differentiates EMs along various dimensions (e.g. degree of commodity dependence, trade and financial openness) to highlight the need to tailor policy priorities.