Summary of Economic Policy Reforms 2015
This abstract builds on OECD (2015), Economic Policy Reforms 2015: Going for Growth, OECD Publishing. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the OECD or of the governments of its Member countries.
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For governments, enacting structural changes in the face of slow economic growth remains a challenge. Still, nations must continue to introduce measures – such as infrastructure investment and labor reforms – that stimulate near-term demand. And policy makers need to ensure that a broad swath of the population, rather than a narrow band of privileged individuals, enjoys the fruits of these measures. This OECD survey of global economies provides a comprehensive look at reforms around the world and offers an analysis of which ones are most effective. getAbstract suggests this timely report to economists, policy makers, and government and business leaders.
In this summary, you will learn
- Why structural reforms are essential in most OECD countries,
- How such changes can stimulate economic growth and
- Which types of reforms work best.
About the Author
The Organisation for Economic Co-operation and Development is an international forum of 34 nations that promotes global economic advancement and trade.