Home eBooks Download › structural reform priorities for brazil

Structural Reform Priorities For Brazil

Download Structural Reform Priorities For Brazil PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Structural Reform Priorities For Brazil book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Structural Reform Priorities For Brazil

DOWNLOAD
Author : Nina Biljanovska
language : en
Publisher: International Monetary Fund
Release Date : 2018-10-08

Structural Reform Priorities For Brazil written by Nina Biljanovska and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-08 with Business & Economics categories.

Over the last few decades, Brazil has experienced relatively weak economic growth due to stagnant productivity. To boost productivity, Brazil should embark on an ambitious structural reform process. In doing so, it is crucial that authorities select a few reform priorities to avoid dispersing political capital on an overly broad reform agenda. The paper aims to identify Brazil’s reform priorities in two steps. First, it estimates the impact that different reforms have on Brazil’s productivity. Second, it analyzes survey data to assess the extent of public support for reforms. The results show that banking sector reforms would generate the largest productivity gains and have the highest level of public support. Moreover, they would also be relatively easy to legislate and generate significant fiscal savings.

Raising Productivity Through Structural Reform In Brazil

DOWNLOAD
Author : Jens Matthias Arnold
language : en
Publisher:
Release Date : 2021

Raising Productivity Through Structural Reform In Brazil written by Jens Matthias Arnold and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.

The recovery from the current deep recession caused by the COVID-19 pandemic will require raising productivity through structural reforms. This implies a number of challenges for economic policies. With large parts of the economy shielded from competition, firms face weak incentives to become more productive. Sizeable shares of labour and capital are trapped in low-productivity firms that survive on the back of support from distortive policies. Reallocation mechanisms such as continuous firm entry, exit or the growth of stronger firms on the expense of less productive ones appear weaker than elsewhere. Domestic regulatory burdens and market entry barriers are high, reducing domestic competitive pressures. External competition is hampered by high trade barriers that have precluded Brazil from the opportunities that an increasingly integrated world economy can offer. A fragmented tax system gives rise to one of the world's highest tax compliance costs and a wide array of exemptions and special regimes reduces fairness and the redistribution effect of taxes. Financial markets used to be dominated by directed credit, but thanks to a successful policy reform that aligned directed lending rates with market rates, they are now undergoing a profound transformation. Challenges in contract enforcement suggest scope for changes in the organisation of the judiciary to reduce judicial uncertainty and reduce trial durations.

Do Structural Reforms Always Succeed

DOWNLOAD
Author : Jorge Saba Arbache
language : en
Publisher:
Release Date : 2004

Do Structural Reforms Always Succeed written by Jorge Saba Arbache and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Brazil categories.

Brazil Economic Stabilization With Structural Reforms

DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1991

Brazil Economic Stabilization With Structural Reforms written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.

Structural Reforms Macroeconomic Fluctuations And Income Distribution In Brazil

DOWNLOAD
Author : Marcelo Cortes Neri
language : en
Publisher:
Release Date : 1999

Structural Reforms Macroeconomic Fluctuations And Income Distribution In Brazil written by Marcelo Cortes Neri and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business cycles categories.

"This paper attempted to measure the evolution of income distribution and its determinants during the period of economic reforms. [It's] divided in two parts: ... [first] long-run relations between reforms and income distribution were explored ... [secondly] explored relations between movements of distributive variables, on the one hand, and economic reforms and macroeconomic fluctuations, on the other"--p.5

Staff Background Paper For The G20 Surveillance Note Priorities For Structural Reforms In G20 Countries

DOWNLOAD
Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2016-07-22

Staff Background Paper For The G20 Surveillance Note Priorities For Structural Reforms In G20 Countries written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-22 with Business & Economics categories.

provide a powerful lift to growth—both in the short and the long term—if they are well aligned with individual country conditions . These include an economy’s level of development, its position in the economic cycle, and its available macroeconomic policy space to support reforms. The larger a country’s output gap, the more it should prioritize structural reforms that will support growth in the short term and the long term—such as product market deregulation and infrastructure investment. Macroeconomic support can help make reforms more effective, by bringing forward long-term gains or alleviating their short-term costs . Where monetary policy is becoming over-burdened, domestic policy coordination can help make macroeconomic support more effective. Fiscal space, where it exists, should be used to offset short-term costs of reforms. And where fiscal constraints are binding, budget-neutral reform packages with positive demand effects should take priority. Some structural reforms can themselves help generate fiscal space. For example, IMF research finds that by boosting output, product market deregulation can help lower the debt-to-GDP ratio over time. Formulating a medium-term plan that clarifies the long-term objectives of fiscal policy can also help increase near-term fiscal space. With nearly all G-20 economies operating at below-potential output, the IMF is recommending measures that both boost near-term growth and raise long-term potential growth. For example: ? In advanced economies, these measures include shifting public spending toward infrastructure investment (Australia, Canada, Germany, United States (US)); promoting product market reforms (Australia, Canada, Germany, Japan, Korea, Italy) and labor market reforms (Canada, Germany, Japan, Korea, United Kingdom (UK), US); and fiscal structural reforms (France, UK, US). Where there is fiscal space, lowering employment protection is also recommended (Korea). ? Recommendations for emerging markets (EMs) focus on raising public investment efficiency ( India, Saudi Arabia, South Africa), labor market reforms (Indonesia, Russia, Saudi Arabia, South Africa, Turkey), and product market reforms (China, Saudi Arabia, South Africa), which would boost investment and productivity within tighter budgetary constraints particularly if barriers to trade and FDI were eased (Brazil, India, Indonesia). Governance (China, South Africa) and other institutional reforms are also crucial. Where policy space is limited, adjusting the composition of fiscal policy can create space to support reforms ( Argentina, India, Mexico, Russia). ? Some commodity-exporting EMs (Brazil, Russia, Saudi Arabia, South Africa) are facing acute challenges, with output significantly below potential and an urgent need to rebuild fiscal buffers. To bolster growth, Fund staff recommends product market and legal reforms to improve the business climate and investment; trade and FDI liberalization to facilitate diversification; and financial deepening to boost credit flows. IMF advice also aims to promote inclusiveness and macroeconomic resilience. The Fund recommends a targeted expansion of social spending toward vulnerable groups (Mexico), social spending for the elderly poor ( Korea), and upgrading social programs for the nonworking poor (US). Recommendations to bolster macrofinancial resilience include expanding the housing supply (UK), resolving the corporate debt overhang (China, Korea), coordinating a national approach to regulating and supervising life insurers (US), and reforming monetary frameworks (Argentina, China).

Stabilization And Structural Reforms In Brazil After The Real Plan

DOWNLOAD
Author : Adelar Fochezatto
language : en
Publisher:
Release Date : 2003

Stabilization And Structural Reforms In Brazil After The Real Plan written by Adelar Fochezatto and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.

This article analysis the effects of the stabilization policies and structural reforms after the Real Plan over the Brazilian economy. Utilizing a computable general equilibrium model, the study simulated alternative policies that were compared with the historical path of the Brazilian economy during this period. The simulations showed that a stronger recession would happen in the case of a devaluation of the exchange rate or a reduction in public expenditures or an increases in the import tariffs. The best alternative policy to generate growth and to improve the income distribution would be a more accelerated devaluation in the exchange rate combined with a more aggressive reduction in import tariffs. These measures would resulted in a better economic performance and in a reduction in the external and internal public debt as well as avoided the exchange shock and the strong cut in public expenditures adopted in the end of 1998 and beginning of 1999.

Economic Policy Reforms 2012 Going For Growth

DOWNLOAD
Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2012-03-01

Economic Policy Reforms 2012 Going For Growth written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-01 with categories.

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.

Economic Policy Reforms 2013 Going For Growth

DOWNLOAD
Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2013-03-14

Economic Policy Reforms 2013 Going For Growth written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with categories.

Economic Growth And Income Distribution In Brazil

DOWNLOAD
Author :
language : en
Publisher: EdUSP
Release Date : 2007

Economic Growth And Income Distribution In Brazil written by and has been published by EdUSP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Brazil categories.

Discusses the design and implementation of public policies to promote economic growth with fair income distribution. Considers aspects of health, housing, social protection, educational needs, and related means of reducing inequality.

Structural Reform Priorities For Brazil

Recent Posts