Assessing the Macroeconomic Impact of Structural Reforms in Chile is popular PDF and ePub book, written by Metodij Hadzi-Vaskov in 2018-12-14, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Assessing the Macroeconomic Impact of Structural Reforms in Chile can be Read Online from any device for your convenience.
Assessing the Macroeconomic Impact of Structural Reforms in Chile Book PDF Summary
This study investigates the likely macroeconomic impact of various structural reforms that align the Chilean regulatory framework with international best practices. In this context, the analysis: i) presents a comparison across a large set of structural indicators; ii) identifies policy gaps with respect to OECD countries; and iii) provides quantification of the likely growth and fiscal impact of policy reforms needed to close the gaps. Chile’s economy is likely to benefit from streamlining business regulation and licensing, strengthening innovation and R&D capacity, improving labor market flexibility, and enhancing active labor market policies. Overall, the study presents a scenario in which Chile closes structural gaps with OECD’s 25th percentile over five years, with up to 6 percent higher output level and a cumulative net fiscal gain of about 1⁄2 percent of GDP.
Detail Book of Assessing the Macroeconomic Impact of Structural Reforms in Chile PDF
- Author : Metodij Hadzi-Vaskov
- Release : 14 December 2018
- Publisher : International Monetary Fund
- ISBN : 9781484392508
- Genre : Business & Economics
- Total Page : 25 pages
- Language : English
- PDF File Size : 14,6 Mb
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