Growth Effects Of Structural Reforms In Southern Europe

Download Growth Effects Of Structural Reforms In Southern Europe full books in PDF, epub, and Kindle. Read online Growth Effects Of Structural Reforms In Southern Europe ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Growth Effects of Structural Reforms in Southern Europe

Author :
Publisher :
ISBN 13 : 9789279323386
Total Pages : 76 pages
Book Rating : 4.3/5 (233 download)

DOWNLOAD NOW!

Book Synopsis Growth Effects of Structural Reforms in Southern Europe by :

Download or read book Growth Effects of Structural Reforms in Southern Europe written by and published by . This book was released on 2014 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a semi-endogenous growth model for analysing the intertemporal effects of structural reforms in Southern European countries (Italy, Spain, Portugal and Greece). The model follows the product variety paradigm in a semi-endogenous setting, and includes a disaggregation of labour into different skill groups. We use a comprehensive set of structural indicators in order to calibrate the model to important macroeconomic ratios and levels of productivity and employment. Our results show that structural reforms yield significant economic gains in the medium and long run. The results point to the importance of product market reforms and labour market related education and tax reforms as the most promising areas of structural policy interventions. This paper also argues for placing more emphasis on education policy which is key in upgrading the labour force, especially in these countries where the share of low skilled labour is among the highest in the euro area.

Economic Crisis and Structural Reforms in Southern Europe

Author : Paolo Manasse
Publisher : Routledge
ISBN 13 : 1351987356
Total Pages : 248 pages
Book Rating : 4.3/5 (519 download)

DOWNLOAD NOW!

Book Synopsis Economic Crisis and Structural Reforms in Southern Europe by : Paolo Manasse

Download or read book Economic Crisis and Structural Reforms in Southern Europe written by Paolo Manasse and published by Routledge. This book was released on 2017-12-12 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years the countries of southern Europe have undergone, with varying intensity, a serious and prolonged economic crisis. Most have had to implement comprehensive economic adjustment programmes, including a wide range of structural reforms. Economic Crisis and Structural Reforms in Southern Europe examines these reforms, drawing policy lessons from their successes and failures. This book employs two basic strands of analysis: issues of policy design, and political economy considerations. It considers the choice of timing and sequencing of reforms, the choice of the appropriate policy instruments, the pressure of interest groups and the political calculations involved in reforms. Featuring chapters in which contributors explore both national cases of specific structural reforms, and a comparative approach in order to evaluate similar reforms across countries, this important and topical work explores ongoing issues within the economy. Focusing on the challenges of designing and implementing structural reforms under conditions of crisis, this book will be of interest to policy makers and researchers from national and international organizations as well as academics and members of research institutes interested in the economics and politics of the Eurozone crisis.

The Political Economy of Structural Reforms in Europe

Author : Nauro F. Campos
Publisher : Oxford University Press
ISBN 13 : 0192554972
Total Pages : 344 pages
Book Rating : 4.1/5 (925 download)

DOWNLOAD NOW!

Book Synopsis The Political Economy of Structural Reforms in Europe by : Nauro F. Campos

Download or read book The Political Economy of Structural Reforms in Europe written by Nauro F. Campos and published by Oxford University Press. This book was released on 2018-07-04 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms in labour and product markets play a central role in government policies. The Political Economy of Structural Reforms in Europe takes stock of current frontier work. It brings together leading contributions from academia, the central banks in Europe, and the OECD to argue that structural reforms can make a fundamental contribution to improve economic performance across Europe. The Political Economy of Structural Reforms in Europe brings together theoretical and empirical studies that address the potential role of structural reforms in restoring macroeconomic stability, resuming economic growth, addressing income inequality, and grappling secular stagnation. It throws new light on the determinants and effects of structural reforms and on how these shape the European integration experience.

Structural Reforms Without Prejudices

Author : Tito Boeri
Publisher : Oxford University Press, USA
ISBN 13 : 0199203628
Total Pages : 327 pages
Book Rating : 4.1/5 (992 download)

DOWNLOAD NOW!

Book Synopsis Structural Reforms Without Prejudices by : Tito Boeri

Download or read book Structural Reforms Without Prejudices written by Tito Boeri and published by Oxford University Press, USA. This book was released on 2006-06-15 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our economies face constant challenges from many different directions. Structural reforms are implemented every day, either to grasp the benefits of globalization and technological change, or to avoid foundering on unaffordable welfare systems or the rise of new economies.Despite this flurry of reforms, many of their effects are insufficiently understood. What makes reforms a success or a failure? Why do we witness systematically ambivalent attitudes to reforms? Can governments implement reforms differently, without inflicting prejudice to large fringes of the population?This book explores these issues by comparing a number of reforms, across a large set of countries and sectors. First, through an innovative multisectorial input-output analysis, the authors compare the effects of liberalisation reforms in the telecommunication and electricity sectors across Europe. Surprisingly, they find that very similar and well-intended reforms can generate highly contrasted outcomes. It is also shown that governments must consider the effects of each reform on all sectorsof the economy. Second, the authors explore how governments can tailor their reform strategy to alter the redistributive effects of reforms. They show that the government's approach to reforms has been very different across time and across countries. A government's approach depends on localinstitutions, on the nature of the opposition, and on the scope of the reform under way. The authors, however, show that governments do have alternatives. Often, there are ways to tailor reforms so as to protect specific parts of the population; and there are ways to experiment gradually, to avoid costly policy mistakes.

After the Crisis

Author : Francesco Caselli
Publisher : Oxford University Press
ISBN 13 : 0191069833
Total Pages : 221 pages
Book Rating : 4.1/5 (91 download)

DOWNLOAD NOW!

Book Synopsis After the Crisis by : Francesco Caselli

Download or read book After the Crisis written by Francesco Caselli and published by Oxford University Press. This book was released on 2016-07-01 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the Crisis reassesses the twin projects of structural reform and European integration in the wake of the Great Recession and the European Sovereign Debt Crisis. The introduction compares the pre-crises debate to the current situation, and highlights a number of ways in which both reform and further integration may have become more difficult. Chapter 1 surveys the state of the structural-reform agenda, its successes, failures, and priorities for further action. The second chapter focuses on the fiscal-policy response to the crisis and advocates a greater balance between supply-side reforms and demand-side management. The third chapter focuses on the asymmetric shocks across economies in the monetary union, and discusses institutional mechanisms to reduce their frequency and impact. Chapter 4 examines the cyclical behavior of output and financial indicators, as well as the counter-cyclical role of macro-financial policies, both at the national and the European level. The fifth chapter studies changes in Europeans' attitudes, showing how the recent crises have eroded public confidence in European institutions. The sixth chapter tackles the demographic challenges facing Europe, and particularly the way that demographic change may impact the reform agenda. Chapter 7 highlights the under-appreciated extent to which 'Europe', taken as a whole, is characterized by a substantial amount of inequality and geographical income clustering, and the challenge this poses for further integration.

Structural Change, Competitiveness and Industrial Policy

Author : Aurora A. C. Teixeira
Publisher : Routledge
ISBN 13 : 1134683502
Total Pages : 370 pages
Book Rating : 4.1/5 (346 download)

DOWNLOAD NOW!

Book Synopsis Structural Change, Competitiveness and Industrial Policy by : Aurora A. C. Teixeira

Download or read book Structural Change, Competitiveness and Industrial Policy written by Aurora A. C. Teixeira and published by Routledge. This book was released on 2014-06-20 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The onset of the global crisis has emphasised the persistence of substantial differences in development and social progress within the euro area. The specific case of countries located in the southern periphery region has come to the centre stage, due to the harsh economic conditions that all these countries have experienced in the recent past. In the aftermath of the American subprime credit bubble, these countries’ high indebtedness raised doubts as to their ability to sustain public finances, with the financial crisis developing and gaining momentum due to the fragilities presented in the economy. To varying degrees of severity, all of these economies have since been forced to introduce strong fiscal tightening programmes in order to achieve fiscal consolidation, which have translated into recession and rising unemployment. This book undertakes a comprehensive analysis of the causes of the crisis in southern European countries, showing that the ‘Achilles heel’ of these economies is rooted in the dismal evolution of productivity and in a specialisation pattern excessively based on the so-called ‘traditional’, low, and low-medium tech industries, which yield low margins, declining export shares and, ultimately, withering international competitiveness. Such evidence suggests that the southern European periphery industrial growth model has reached its limits, demanding a multidimensional policy approach capable of overcoming the magnitude and complexity of the present crisis. Without denying the need to adjust public and private balance sheets, it is argued that finding a sustainable path out of the present problems requires addressing the challenges of productivity growth and competitiveness in the long term.

Growth Recovery in Southern Europe

Author : Roumeen Islam
Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (971 download)

DOWNLOAD NOW!

Book Synopsis Growth Recovery in Southern Europe by : Roumeen Islam

Download or read book Growth Recovery in Southern Europe written by Roumeen Islam and published by . This book was released on 2016 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Greece, Ireland, Portugal, and Spain entered a period of severe economic and financial stress in the aftermath of the 2008 crisis. Their collective experience confirmed the primacy of total debt, private or public, in affecting the onset of, depth of, and recovery from economic crises. The year 2010 and the years following have demonstrated the ways in which policy responses to crisis-related downturns must be adapted when major international partners experience simultaneous growth slowdowns and markets exhibit increased risk aversion. This paper compares the recovery experience of these countries in light of recent policy debates and research on the impact of macroeconomic and structural reforms. It highlights that (a) the quality of the policies adopted to stabilize economies in the short run affects growth recovery in the long run; and (b) macroeconomic policies (fiscal and monetary) are most effective in supporting growth when they take into account structural differences between countries and when policies complement each other. The country experiences indicate that a holistic view of factors affecting investment, exports, and employment is needed to understand the impact of macroeconomic and structural reforms on output. In the absence of such a holistic view, policy may neglect to influence the binding constraints to growth.

Golden Growth

Author : Indermit S. Gill
Publisher : World Bank Publications
ISBN 13 : 0821389661
Total Pages : 515 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!

Book Synopsis Golden Growth by : Indermit S. Gill

Download or read book Golden Growth written by Indermit S. Gill and published by World Bank Publications. This book was released on 2012-04-25 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: The public debt crisis in Europe has shaken the confidence not just in the Euro, but in the European model. Aging and uneconomical Europeans are being squeezed between innovative Americans and efficient Asians, it is said. With debt and demographics dragging down them down, one hears that European economies will not grow much unless radically new ways are discovered. The end of complacency in Europe is a good thing, but this loss of confidence could be dangerous. The danger is that in a rush to rejuvenate growth, the attractive attributes of the European development model could be abandoned along with the weak. In fact, the European growth model has many strong points and enviable accomplishments. One can say without exaggeration that Europe had invented a convergence machine , taking in poor countries and helping them become high income economies. World Bank research has identified 27 countries that have grown from middle-income to high income since 1987: a few thanks to the discovery and exploitation of massive natural resources (e.g.: oil in Oman and Trinidad and Tobago), several others like Japan, Hong Kong, Singapore, Taiwan, and South Korea, embracing aggressive export-led strategies which involved working and saving a lot, postponing political liberties, and looking out only for themselves. But half of the countries that have grown from middle income to high income Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Latvia, Malta, Poland, Portugal, Slovak Republic, and Slovenia are actually in Europe. This is why the European model was so attractive and unique, and why with some well designed efforts it ought to be made right again.

Economic Crisis and Austerity in Southern Europe

Author : Maria Petmesidou
Publisher : Routledge
ISBN 13 : 1317525817
Total Pages : 204 pages
Book Rating : 4.3/5 (175 download)

DOWNLOAD NOW!

Book Synopsis Economic Crisis and Austerity in Southern Europe by : Maria Petmesidou

Download or read book Economic Crisis and Austerity in Southern Europe written by Maria Petmesidou and published by Routledge. This book was released on 2017-10-02 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Southern Europe has been hit hard by the global economic crisis and, as such, their welfare states have come under acute strain. Unmet need has sharply increased while significant welfare reforms and deep social spending cuts have been prominent in the crisis management solutions implemented by governments, labouring under EU constraints and the strict rescue-deal requirements for Greece and Portugal. This volume provides a systematic comparative appraisal of welfare-state reform trajectories across Southern Europe prior to and during the crisis, and traces the impact of austerity policies and wider recession upon income inequality and poverty. It brings together a number of cross-country studies on major social policy areas, raising crucial questions. What policy choices are driving reforms as Southern European economies work their way out of fiscal difficulty? Can the crisis provoke the improvement of institutional capabilities and recalibration of social? Or, instead, does structural adjustment indicate a significant policy turn towards the erosion of social rights? The contributions critically approach these issues and bring evidence to bear upon whether Southern European welfare capitalisms are becoming more dissimilar. This book was originally published as a special issue of South European Society & Politics.

Structural reforms and economic growth in Europe

Author : Sylvester C. W. Eijffinger
Publisher :
ISBN 13 : 9781898128953
Total Pages : 66 pages
Book Rating : 4.1/5 (289 download)

DOWNLOAD NOW!

Book Synopsis Structural reforms and economic growth in Europe by : Sylvester C. W. Eijffinger

Download or read book Structural reforms and economic growth in Europe written by Sylvester C. W. Eijffinger and published by . This book was released on 2005 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Building Peace in South East Europe - Macroeconomic Policies and Structural Reforms Since the Kosovo Conflict

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498327656
Total Pages : 44 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Building Peace in South East Europe - Macroeconomic Policies and Structural Reforms Since the Kosovo Conflict by : International Monetary Fund

Download or read book Building Peace in South East Europe - Macroeconomic Policies and Structural Reforms Since the Kosovo Conflict written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-10-25 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

The Potential Growth Impact of Structural Reforms in the EU

Author : Janos Várga
Publisher :
ISBN 13 : 9789279351907
Total Pages : 31 pages
Book Rating : 4.3/5 (519 download)

DOWNLOAD NOW!

Book Synopsis The Potential Growth Impact of Structural Reforms in the EU by : Janos Várga

Download or read book The Potential Growth Impact of Structural Reforms in the EU written by Janos Várga and published by . This book was released on 2014 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper presents a quantitative model-based assessment of the potential impact of structural reforms in the EU Member States. By comparing structural indicators of labour and product markets, a gap is defined for each indicator relative to the 3 best performers. Scenarios are then simulated in which half the gap vis-à-vis best performance is closed, to avoid setting unrealistic and/or unattainable targets. The simulations show large potential gains in output and employment, raising EU GDP by 3% after five years and 6% after ten years. While competitiveness gains are smaller under simultaneous reforms, higher demand effects help to support growth in trading partners."--Document home page.

Fostering Growth in Europe Now

Author : Ms.Bergljot Barkbu
Publisher : International Monetary Fund
ISBN 13 : 1475504640
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!

Book Synopsis Fostering Growth in Europe Now by : Ms.Bergljot Barkbu

Download or read book Fostering Growth in Europe Now written by Ms.Bergljot Barkbu and published by International Monetary Fund. This book was released on 2012-06-18 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

Economic Policy Reforms 2012 Going for Growth

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264168443
Total Pages : 223 pages
Book Rating : 4.2/5 (641 download)

DOWNLOAD NOW!

Book Synopsis Economic Policy Reforms 2012 Going for Growth by : OECD

Download or read book Economic Policy Reforms 2012 Going for Growth written by OECD and published by OECD Publishing. This book was released on 2012-02-24 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Structural Reforms and Economic Performance in Advanced and Developing Countries

Author : Mr.Jonathan David Ostry
Publisher : International Monetary Fund
ISBN 13 : 1589068181
Total Pages : 62 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!

Book Synopsis Structural Reforms and Economic Performance in Advanced and Developing Countries by : Mr.Jonathan David Ostry

Download or read book Structural Reforms and Economic Performance in Advanced and Developing Countries written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2009-10-15 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Europe's Long-term Growth Prospects

Author : Kieran McQuinn
Publisher :
ISBN 13 :
Total Pages : 81 pages
Book Rating : 4.:/5 (99 download)

DOWNLOAD NOW!

Book Synopsis Europe's Long-term Growth Prospects by : Kieran McQuinn

Download or read book Europe's Long-term Growth Prospects written by Kieran McQuinn and published by . This book was released on 2015 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Growth and Structural Reforms in Europe

Author : Nauro F. Campos
Publisher :
ISBN 13 : 9781108782517
Total Pages : pages
Book Rating : 4.7/5 (825 download)

DOWNLOAD NOW!

Book Synopsis Economic Growth and Structural Reforms in Europe by : Nauro F. Campos

Download or read book Economic Growth and Structural Reforms in Europe written by Nauro F. Campos and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "The objective of this book is to put forward a comprehensive, detailed, yet critical assessment of the state of the art in this burgeoning literature. The book will cover most recent work related to economic impacts of structural reforms on growth (recovery), unemployment, investment, imbalances and inequality in the background of the 2007 financial crisis in Europe. This volume has a collection of chapters that show the progress made in this field: new theoretical framework, new data and new empirical methodologies. These are also discussed and illustrated by several case studies of countries that introduced significant reforms"--