Fostering Growth in Europe (Barkbu et al.)

Fostering growth in Europe now by Bergljot Barkbu, Jesmin Rahman, Rodrigo Valdés and staff tean published by IMF (07/2012), indicated by Alvaro Manoel. “In this new paper, staff from the IMF indicate that both long-term and short-term solutions are needed. Because structural reforms deliver their potential gradually, product and services market reforms, as well as labor market and pension changes, should be implemented without delay. The analysis shows large-scale reforms could boost GDP by 4 1/2 percent over five years.”