02154cas a2200277 a 4500 AALejournalIMF020744 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513512112 2617-6750 BD-DhAAL BD-DhAAL Ciminelli, Gabriele. The Political Costs of Reforms : Fear or Reality? / Gabriele Ciminelli, Davide Furceri, Jun Ge, Jonathan Ostry. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (30 pages) Staff Discussion Notes <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 The aim of this SDN is to examine whether fear of a political cost associated with economic reforms is justified by the available evidence, and whether there are lessons from how economic policies might be adjusted to mitigate any political cost. The paper will be based on a new comprehensive database on structural reforms developed by RES, which covers a broad sample of advanced and developing economies over four decades, and incorporates regulations related to the real sector (labor, product markets, trade and the current account), and the financial sector (banking, securities markets and the capital account). The paper will address three questions. First, do reforms reduce the probability of a government getting reelected? Second, for which reforms are political costs particularly high? And third, can fiscal stimulus or other policies 'sweeten the pill,' and would favorable economic conditions or greater reform ownership raise the odds for reelection? Mode of access: Internet Furceri, Davide. Ge, Jun. Ostry, Jonathan. Staff Discussion Notes; Staff Discussion Notes ; No. 2019/999 Full text available on IMF http://elibrary.imf.org/view/journals/006/2019/999/006.2019.issue-999-en.xml IMF e-Library