Structural reform and growth : what really matters? : evidence from the Caribbean /

Structural reform and growth : what really matters? : evidence from the Caribbean /

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Bibliographic Details
Author / Creator:	Greenidge, Kevin, author, (IMF staff)
Imprint:	[Washington, D.C.] : International Monetary Fund, [2016]. ©2016
Description:	1 online resource (32 pages) : colored illustrations.
Language:	English
Series:	IMF working paper ; WP/16/82 IMF working paper ; WP/16/82.
Subject:	Structural adjustment (Economic policy) -- Caribbean Area. Economic development -- Caribbean Area. Free trade -- Caribbean Area. Foreign exchange -- Law and legislation -- Caribbean Area. Fiscal policy -- Caribbean Area. Economic development. Fiscal policy. Foreign exchange -- Law and legislation. Free trade. Structural adjustment (Economic policy) Caribbean Area.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12505027

Hidden Bibliographic Details
Other authors / contributors:	McIntyre, Meredith A., author, (IMF staff) Yun, Hanlei, author, (IMF staff) International Monetary Fund. Western Hemisphere Department, issuing body.
ISBN:	1484321812 9781484321812
Notes:	"April 2016." At head of title: "West Hemisphere Department." Includes bibliographical references (pages 30-32). Description based on online resource; title from pdf title page (IMF.org Web site, viewed April 11, 2016).
Summary:	Since the 1980's with the introduction of IMF/WB adjustment programs structural reforms have been a core part of the reform agenda in the Caribbean. The paper reviewed the package of structural reforms in trade liberalization, financial liberalization and tax policy, and gauges their impact on growth. The paper used a set of reform indices to gauge both short-run and long-run effects of structural reforms on growth, controlling for other possible growth determinants using panel dynamic OLS estimation. In addition, recognizing the importance of institutions to growth the empirical analysis also analyzed the impact of institutional quality on growth for a sample of small states including the Caribbean. We concluded that the benefits of structural reforms are only seen over the long-term and in reinvigorating growth the reform effort needs to be revived and include greater attention to strengthening institutional quality--Abstract.
Standard no.:	10.5089/9781484321812.001

Description
Summary:	Since the 1980's with the introduction of IMF/WB adjustment programs structural reforms have been a core part of the reform agenda in the Caribbean. The paper reviewed the package of structural reforms in trade liberalization, financial liberalization and tax policy, and gauges their impact on growth. The paper used a set of reform indices to gauge both short-run and long-run effects of structural reforms on growth, controlling for other possible growth determinants using panel dynamic OLS estimation. In addition, recognizing the importance of institutions to growth the empirical analysis also analyzed the impact of institutional quality on growth for a sample of small states including the Caribbean. We concluded that the benefits of structural reforms are only seen over the long-term and in reinvigorating growth the reform effort needs to be revived and include greater attention to strengthening institutional quality.
Item Description:	"April 2016." At head of title: "West Hemisphere Department."
Physical Description:	1 online resource (32 pages) : colored illustrations.
Bibliography:	Includes bibliographical references (pages 30-32).
ISBN:	1484321812 9781484321812