Reform, Recovery, and Growth

Reform, Recovery, and Growth
Author: Rudiger Dornbusch
Publisher: University of Chicago Press
Total Pages: 440
Release: 2007-12-01
Genre: Business & Economics
ISBN: 0226158470

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.

Reform & Recovery

Reform & Recovery
Author: Tom Gorman
Publisher: Penguin
Total Pages: 68
Release: 2010-01-19
Genre: Business & Economics
ISBN: 1101192038

The Complete Idiot's Guide to the Financial Crisis is being written this very moment as the crisis continues to unfold. Part Six in this ongoing series, Reform & Recovery, is available to you now exclusively in electronic format. Part Six begins with a chapter titled "What the Crisis Means for You Right Now" that offers practical ideas, strategies, and advice that you can use to prepare for and respond to the changing economic environment. Part Six also features chapters that examine the implications of a jobless recovery, changes to the healthcare system and their likely impact on the economy, and limitations to sustainable economic growth. The author of The Complete Idiot's Guide to the Financial Crisis will continue to cover America's evolving financial and economic situation in the coming months, so stay tuned for future installments to the series. This ground breaking format combines timely reporting with deeper analysis and a broader perspective than can be found in the newspaper or on the radio, TV, and Internet. And because it's a Complete Idiot's Guide, the content is explained in an objective, authoritative, and easy-to-understand manner.

After the Crisis

After the Crisis
Author: Francesco Caselli
Publisher: Oxford University Press
Total Pages: 221
Release: 2016-07-01
Genre: Business & Economics
ISBN: 0191069833

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.

Economic Policy Reforms 2021 Going for Growth: Shaping a Vibrant Recovery

Economic Policy Reforms 2021 Going for Growth: Shaping a Vibrant Recovery
Author: OECD
Publisher: OECD Publishing
Total Pages: 247
Release: 2021-04-14
Genre:
ISBN: 9264911375

Going for Growth 2021 identifies country-specific structural policy priorities for the recovery across OECD and key non-member countries (Argentina, Brazil, The People’s Republic of China, Costa Rica, India, Indonesia and South Africa). It frames the main policy challenges of the current juncture along three main areas: building resilience; facilitating reallocation and boosting productivity growth for all; and supporting people in transition.

Brazil

Brazil
Author: Mr.Antonio Spilimbergo
Publisher: International Monetary Fund
Total Pages: 382
Release: 2019-03-14
Genre: Business & Economics
ISBN: 1484339746

Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Reforming the Welfare State

Reforming the Welfare State
Author: Richard B. Freeman
Publisher: University of Chicago Press
Total Pages: 350
Release: 2010-04-15
Genre: Business & Economics
ISBN: 0226261913

Over the course of the twentieth century, Sweden carried out one of the most ambitious experiments by a capitalist market economy in developing a large and active welfare state. Sweden's generous social programs and the economic equality they fostered became an example for other countries to emulate. Of late, Sweden has also been much discussed as a model of how to deal with financial and economic crisis, due to the country's recovery from a banking crisis in the mid-1990s. At that time economists heatedly debated whether the welfare state caused Sweden's crisis and should be reformed—a debate with clear parallels to current concerns over capitalism. Bringing together leading economists, Reforming the Welfare State examines Sweden's policies in response to the mid-1990s crisis and the implications for the subsequent recovery. Among the issues investigated are the way changes in the labor market, tax and benefit policies, local government policy, industrial structure, and international trade affected Sweden's recovery. The way that Sweden addressed its economic challenges provides valuable insight into the viability of large welfare states, and more broadly, into the way modern economies deal with crisis.

Post-Covid-19 Recovery and Resilience: Leveraging Reforms for Growth and Inclusion in Sub-Saharan Africa

Post-Covid-19 Recovery and Resilience: Leveraging Reforms for Growth and Inclusion in Sub-Saharan Africa
Author: Mrs.Paola Ganum
Publisher: International Monetary Fund
Total Pages: 33
Release: 2021-02-19
Genre: Business & Economics
ISBN: 1513570048

Covid-19 has exacerbated economic and social vulnerabilities across Sub-Saharan Africa (SSA). There is a risk that growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0.3-1.3 percentage points, relative to the 1.9 percent average since 2010. Such growth would reduce per capita income doubling time from 37 years to about 22 years. Low-income countries stand to gain the most from reforms. The largest gains come from governance, products markets, and factor accumulation. Importantly, these reforms can be implemented in the post-pandemic environment characterized by weaker social and distributional outcomes.

Economic Policy Reforms 2012 Going for Growth

Economic Policy Reforms 2012 Going for Growth
Author: OECD
Publisher: OECD Publishing
Total Pages: 223
Release: 2012-02-24
Genre:
ISBN: 9264168443

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.