The Speed of Adjustment and the Sequencing of Economic Reforms: Issues and Guidelines for Policymakers
This paper reviews the issues involved in determining the appropriate speed of adjustment and the sequencing of economic reforms, focusing on considerations relevant to policymakers. It points out that the debate between the protagonists of a high-speed approach and those favoring a gradualist appro...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2002
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 02/132 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper reviews the issues involved in determining the appropriate speed of adjustment and the sequencing of economic reforms, focusing on considerations relevant to policymakers. It points out that the debate between the protagonists of a high-speed approach and those favoring a gradualist approach is based primarily on the weights given to adjustment costs, policy credibility, reform feasibility, and risk assessment. It underscores the importance of appropriate sequencing and the impact of sequencing on the speed of adjustment and reforms. The paper concludes by highlighting factors that policymakers should consider when selecting their approach toward speed and sequencing |
| Beschreibung: | 1 Online-Ressource (37 p) |
| ISBN: | 1451855397 9781451855395 |
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| index_date | 2024-07-03T20:13:25Z |
| indexdate | 2024-07-10T09:35:34Z |
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| spelling | Nsouli, Saleh M. Verfasser aut The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers Nsouli, Saleh M Washington, D.C International Monetary Fund 2002 1 Online-Ressource (37 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 02/132 This paper reviews the issues involved in determining the appropriate speed of adjustment and the sequencing of economic reforms, focusing on considerations relevant to policymakers. It points out that the debate between the protagonists of a high-speed approach and those favoring a gradualist approach is based primarily on the weights given to adjustment costs, policy credibility, reform feasibility, and risk assessment. It underscores the importance of appropriate sequencing and the impact of sequencing on the speed of adjustment and reforms. The paper concludes by highlighting factors that policymakers should consider when selecting their approach toward speed and sequencing Online-Ausg Funke, Norbert Sonstige oth Rached, Mounir Sonstige oth http://elibrary.imf.org/view/IMF001/07324-9781451855395/07324-9781451855395/07324-9781451855395.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Nsouli, Saleh M. The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers |
| title | The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers |
| title_auth | The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers |
| title_exact_search | The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers |
| title_exact_search_txtP | The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers |
| title_full | The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers Nsouli, Saleh M |
| title_fullStr | The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers Nsouli, Saleh M |
| title_full_unstemmed | The Speed of Adjustment and the Sequencing of Economic Reforms Issues and Guidelines for Policymakers Nsouli, Saleh M |
| title_short | The Speed of Adjustment and the Sequencing of Economic Reforms |
| title_sort | the speed of adjustment and the sequencing of economic reforms issues and guidelines for policymakers |
| title_sub | Issues and Guidelines for Policymakers |
| url | http://elibrary.imf.org/view/IMF001/07324-9781451855395/07324-9781451855395/07324-9781451855395.xml |
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