Cover Policy Papers
Staff Note for the G-20—A Guiding Framework for Structural Reforms
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar
PubMedClose
Series:
Policy Papers
Volume/Issue:
Volume 2016: Issue 001
Language:
English
Publication Date:
04 Jan 2016
DOI:
https://doi.org/10.5089/9781498345798.007
ISBN:
9781498345798
ISSN:
2663-3493
Pages:
15
Keywords:
PP; policy; product market; monetary policy; emerging market economy; product market reform; policy space; Policy context; macroeconomic policy stimulus; policy choice; demand policy; Structural reforms; Potential output; Active labor market policies; Employment protection; Global
Download PDF (1.5 MB) Download Epub
This note responds to a request from the G20 for IMF assistance in helping develop priorities and guiding principles for structural reforms. Structural reforms have long been a central element of the G20’s strategy of achieving job-rich growth, and G20 countries have made over 1,000 structural policy commitments in their national growth strategies. However, implementation of these commitments has been relatively weak so far. Faster progress on structural reforms is therefore needed to support growth in the near term and bolster potential growth in the medium term—and more generally to make economies more innovative, flexible, and resilient.
  • Collapse
  • Expand
Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund
Volume 2016: Issue 001