Reform Design Matters: The Role of Structural Policy Complementarities
Joaquim Oliveira-Martins () and
Bruno Rocha ()
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Joaquim Oliveira-Martins: OECD Centre for Entrepreneurship, SMEs, Regions and Cities
Authors registered in the RePEc Author Service: Joaquim Oliveira Martins ()
Chapter 19 in The Palgrave Handbook of Comparative Economics, 2021, pp 493-516 from Springer
Abstract In this chapter, we discuss possible interactions across structural policy domains. While relatively more studied in the context of the post-communist transition literature, our survey suggests that relationships of this type hold more generally and can be important to improve our understanding of the relationship between structural reforms and long-run economic growth. Given its potential relevance for the design of successful reform packages, exploring in a more exhaustive way the notion that the effect of a given reform on economic growth depends on the progress made in other policy areas should be a priority point for future research. This may be particularly relevant to help unlock the growth potential of many developing and emerging countries, namely concerning their integration in the global economy.
Keywords: Policy complementarities; Structural reforms; Economic growth; Post-communist transition; Economic development (search for similar items in EconPapers)
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