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The Political Costs of Reforms
			: Fear or Reality?

The Political Costs of Reforms : Fear or Reality? »

Volume/Issue: 2019/8

Series: Staff Discussion Notes

Author(s): Gabriele Ciminelli , Davide Furceri , Jun Ge , Jonathan Ostry , and Chris Papageorgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2019

DOI: http://dx.doi.org/10.5089/9781513512112.006

ISBN: 9781513512112

Keywords: Real sector, Economic conditions, External sector, Economic policy, Economic reforms, SDN, sector reform, domestic finance, electoral outcome, vote share

The aim of this SDN is to examine whether fear of a political cost associated with economic reforms is justified by the available evidence, and whether there are lessons from how economic policies might be adjusted...

The Political Costs of Reforms: Fear or Reality?1

The Political Costs of Reforms: Fear or Reality?1 »

Source: The Political Costs of Reforms : Fear or Reality?

Volume/Issue: 2019/8

Series: Staff Discussion Notes

Author(s): Gabriele Ciminelli , Davide Furceri , Jun Ge , Jonathan Ostry , and Chris Papageorgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2019

ISBN: 9781513512112

Keywords: Real sector, Economic conditions, External sector, Economic policy, Economic reforms, SDN, sector reform, domestic finance, electoral outcome, vote share

The aim of this SDN is to examine whether fear of a political cost associated with economic reforms is justified by the available evidence, and whether there are lessons from how economic policies might be adjusted...

A Capital Market Union for Europe

A Capital Market Union for Europe »

Source: A Capital Market Union For Europe

Volume/Issue: 2019/7

Series: Staff Discussion Notes

Author(s): Ashok Bhatia , Srobona Mitra , Anke Weber , Shekhar Aiyar , Luiza Antoun de Almeida , Cristina Cuervo , Andre Santos , and Tryggvi Gudmundsson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 2019

ISBN: 9781498313278

Keywords: Capital markets, Monetary unions, Financial integration, Bilateral payments arrangements, Capital flows, Europe, Financial crises, Economic integration, Economic conditions, Macroprudential policies and financial stability

This note weighs the merits of a capital market union (CMU) for Europe, identifies major obstacles in its path, and recommends a set of carefully targeted policy actions. European capital markets are relatively sm...

A Capital Market Union For Europe

A Capital Market Union For Europe »

Volume/Issue: 2019/7

Series: Staff Discussion Notes

Author(s): Ashok Bhatia , Srobona Mitra , Anke Weber , Shekhar Aiyar , Luiza Antoun de Almeida , Cristina Cuervo , Andre Santos , and Tryggvi Gudmundsson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 2019

DOI: http://dx.doi.org/10.5089/9781498313278.006

ISBN: 9781498313278

Keywords: Capital markets, Monetary unions, Financial integration, Bilateral payments arrangements, Capital flows, Europe, Financial crises, Economic integration, Economic conditions, Macroprudential policies and financial stability

This note weighs the merits of a capital market union (CMU) for Europe, identifies major obstacles in its path, and recommends a set of carefully targeted policy actions. European capital markets are relatively sm...