Abstract
This paper analyzes the link between economic growth and structural reforms. The paper highlights that as the recovery from the financial crisis firms up, many country authorities will turn their focus from short-term stabilization policies to more structural policies to spur long-term potential growth. The paper discusses that the global financial crisis has affected growth in countries of all income levels and has led to substantial output losses that in many cases could be permanent. The paper also presents a discussion on monetary policy and asset prices.
Staff Position Notes showcase new policy-related analysis and research by IMF departments.
These papers are generally brief and written in nontechnical language, and are aimed at a broad audience interested in economic policy issues. This series replaced Policy Discussion Papers at the end of 2008.
No. 10/06
Financing the Response to Climate Change
Hugh Bredenkamp and Catherine Pattillo
No. 10/07
Trade and the Crisis: Protect or Recover
Rob Gregory, Christian Henn, Brad McDonald, and Mika Saito
No. 10/08
The Making of Good Supervision: Learning to Say “No”
José Vinãls, Jonathan Fiechter, Aditya Narain, Jennifer A. Elliott, Ian Tower, Pierluigi Bologna, and Michael Hsu
To access the series, point your browser to www.imf.org/external/ns/cs.aspx?id=236.
IMF Research Bulletin
M. Ayhan Kose
Editor
David Einhorn
Assistant Editor
Feras Abu Amra
Systems Consultant
Julio Prego
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