01855cas a2200253 a 4500 AALejournalIMF013330 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475530865 1018-5941 BD-DhAAL BD-DhAAL Lusinyan, Lusine. Assessing the Macroeconomic Impact of Structural Reforms The Case of Italy / Lusine Lusinyan, Dirk Muir. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (59 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Wide-ranging structural reforms are underway in Italy, aimed at addressing key bottlenecks in the product and labor markets. Our analysis, based on the IMF's Global Integrated Monetary and Fiscal model (GIMF), attempts to quantify the potential gains to the economy from a comprehensive package of structural reforms. We find that these gains can be sizeable. While in most cases, the reforms go in the right direction, their impact would depend on effective and timely implementation. In some areas, especially in the labor market, reforms would benefit from further strengthening. The priorities should be to strengthen competition in the non-tradable sector and make the labor market more efficient and inclusive, supported by growth-friendly fiscal reforms. Mode of access: Internet Muir, Dirk. IMF Working Papers; Working Paper ; No. 2013/022 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/022/001.2013.issue-022-en.xml IMF e-Library