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dc.titleFrom Discussion to Action: Characterizing Areas of Reform in Latin America and the Caribbean
dc.contributor.authorBustos, Sebastián
dc.contributor.authorCéspedes, Luis Felipe
dc.contributor.authorLeon-Diaz, John
dc.contributor.authorOrduz, María
dc.contributor.orgunitOffice of Strategic Planning and Development Effectiveness
dc.coverageLatin America and the Caribbean
dc.date.available2023-09-28T00:09:00
dc.date.issue2023-09-28T00:09:00
dc.description.abstractStructural reforms modify the institutional and regulatory framework to foster economic growth and improve welfare. While initially linked to economic liberalization, the concept has expanded to encompass a more comprehensive array of sector-specific interventions. However, the increased level of detail in these reforms presents significant challenges in accurately identifying the specific type of reform implemented by each country. In this study, we employ a comprehensive analysis of the policy discussions in Article IV Staff Reports of the International Monetary Fund to shed light on the dynamic nature of reforms and unveil regional disparities in reform priorities. The findings demonstrate a notable shift in Latin American and the Caribbean countries, where there is a growing emphasis on reforms that prioritize transparency, enhance institutional quality, advance education and healthcare systems, and strengthen safety nets.
dc.format.extent71
dc.identifier.doihttp://dx.doi.org/10.18235/0005171
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/From-Discussion-to-Action-Characterizing-Areas-of-Reform-in-Latin-America-and-the-Caribbean.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectGovernance
dc.subjectLabor Force
dc.subjectEconomy
dc.subjectModernization of the State
dc.subjectIntegration and Trade
dc.subjectEconomic Transformation
dc.subject.jelcodeC82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data • Data Access
dc.subject.jelcodeO20 - Development Planning and Policy: General
dc.subject.jelcodeO40 - Economic Growth and Aggregate Productivity: General
dc.subject.keywordsstructural reforms;narrative approach;text analys
idb.identifier.pubnumberIDB-WP-01472
idb.operationBK-C2031
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