The Case for Fiscal Policy to Support Structural Reforms
By Angana Banerji, Era Dabla-Norris, Romain Duval, and Davide Furceri
Versions in 中文 (Chinese), Français (French),Deutsch (German), Русский (Russian), and Español (Spanish)
Many advanced countries need structural reforms to make their economies more productive and raise long-term living standards. Our new research shows that provided countries can afford it, fiscal policy, through spending or tax incentives, can help governments overcome some obstacles to the reforms, particularly in the early stages. […]