01938cas a2200241 a 4500 AALejournalIMF018911 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484386934 1018-5941 BD-DhAAL BD-DhAAL Hadzi-Vaskov, Metodij. Assessing the Macroeconomic Impact of Structural Reforms in Chile / Metodij Hadzi-Vaskov. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (25 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 This study investigates the likely macroeconomic impact of various structural reforms that align the Chilean regulatory framework with international best practices. In this context, the analysis: i) presents a comparison across a large set of structural indicators; ii) identifies policy gaps with respect to OECD countries; and iii) provides quantification of the likely growth and fiscal impact of policy reforms needed to close the gaps. Chile's economy is likely to benefit from streamlining business regulation and licensing, strengthening innovation and R and D capacity, improving labor market flexibility, and enhancing active labor market policies. Overall, the study presents a scenario in which Chile closes structural gaps with OECD's 25th percentile over five years, with up to 6 percent higher output level and a cumulative net fiscal gain of about 1\2 percent of GDP. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2018/285 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/285/001.2018.issue-285-en.xml IMF e-Library