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Economic Policy Reforms 2015
Report

Economic Policy Reforms 2015

Going for Growth

OECD, 2015 plus...

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Editorial Rating

7

Qualities

  • Comprehensive
  • Analytical
  • Overview

Recommendation

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.

Take-Aways

  • In a slow-growth economic environment, governments must continue implementing structural reforms that can stimulate near-term demand.
  • These reforms seek to improve “product and labor market regulations, human capital, tax and benefits systems, and innovation policies.”
  • Structural reforms have boosted the per capita GDP of OECD nations by 5% since the early 2000s.

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.