Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Era Dabla-Norris, Giang Ho, Kalpana Kochhar, Annette Kyobe and Robert Tchaidze

No 2013/008, IMF Staff Discussion Notes from International Monetary Fund

Abstract: Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and anchor medium-term growth prospects. This SDN will emphasize the role of structural reforms and supportive policy and institutional frameworks for boosting productivity–a key engine of economic growth–in the wake of the crisis. By examining a broad spectrum of reforms that eliminate impediments to growth, the paper will seek to highlight a differentiated policy agenda across countries.

Keywords: SDN; productivity gain; productivity gap; high-productivity sector; maintaining competitiveness; investment productivity; productivity-enhancing reform; Total factor productivity; Productivity; Economic Growth; Structural Reforms; Institutions; Emerging Market and Developing Countries; Agriculture; Industry; Services; productivity growth; Agricultural sector; Capital productivity; Global; Asia and Pacific (search for similar items in EconPapers)
Pages: 36
Date: 2013-09-24
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Citations: View citations in EconPapers (13)

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Journal Article: Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies (2014)
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