Structural policy adjustments have played a role in some countries, but the improvement also reflects cyclical effects, in particular the relatively weak cyclical position of many advanced economies and movements in terms of trade.
"India has considerable potential, but its future performance relies on resolving contentious structural and policy issues that inhibit investment, " said the bank.
But Reagan exited office without the structural reform of monetary policy that he got with taxes.
Long-run growth rates are driven by structural factors not monetary policy, which mainly affects output over the cycle.
In other words, the beneficiary government would need to have made appropriate promises on fiscal policy and structural reforms.
The blame for the euro area's feeble growth rate lies mainly with an over-tight fiscal policy and structural rigidities.
It does get animated on two other subjects: fiscal policy and structural reform.
Of course, these social phenomena are both symptoms of and contributors to economic circumstances, a vicious cycle that requires a structural solution at the policy level.
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This means that Argentina's path to restoring market confidence and improving competitiveness lies in a tough slog of tight fiscal policy and structural reforms to make the economy more flexible.
In particular, they will work to secure reform of the Common Agricultural Policy and Structural and Cohesion Funds and to ensure that the EU policies and institutions meet the concerns of our citizens.
It would need a disciplined monetary policy and bold structural reforms to retain the gains from its cheaper currency and avoid hyperinflation.
And weak coalition politics undermine hopes of a tight fiscal policy or of structural economic reforms that would maintain competitiveness as costs rise.
While on Mr Davies' assumptions there is no structural case for tighter fiscal policy, if his assumptions were a fraction less optimistic, there would be a case for it.
Some central banks, slow to grasp the effect of these structural changes on inflation and monetary policy, have been running overly loose policies that have fuelled unsustainable booms in America and some other economies.
All Member States of the euro area are fully determined to continue their policy of fiscal consolidation and structural reforms.
It touches on the most fundamental question facing the eurozone: is its policy of reducing deficits and structural reforms saving or killing the patient?
But it is in Europe where the potential gains from structural reforms are greatest and where the policy focus has nonetheless been overwhelmingly on austerity.
So our common goals of ensuring that Britain is in Europe, and helping to run Europe, thereby achieving economic reform, changes to the protectionist common agricultural policy, reform of the structural funds, and so on, are made even more difficult.
For the next 20 years, using flashy names like Fiscal Structural Reform Act, Emergency Employment Measures and Policy Measures of Economic Rebirth, the government cut taxes, increased spending and borrowed money to finance itself.
ECB's insistence that macroeconomic policy cannot affect joblessness could produce higher structural unemployment.
One school of thought is that a high unemployment rate is structural and immune to the stimulative effects of monetary policy.
The longer-term challenge for the Fed and other central banks is to build a new monetary-policy framework that takes account of recent structural changes in the global economy, such as the integration of China.
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France is pushing for cuts in the structural funds even as it defends the wasteful common agricultural policy.
Labour's deputy minister for European programmes, Alun Davies, said Wales had benefited from the EU's common agricultural policy (Cap) payments to farmers and structural funds to improve the economy.
It would involve making Soviet structural reform -- political, economic, military, foreign policy -- a necessary precondition to future U.S. aid.
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Although reliance on the advanced economies has been tempered as trade between emerging economies has grown, the World Bank expressed reservations about emerging markets growth prospects against the muted global backdrop, unless there is further progress on structural reforms in places like India, for example, where policy paralysis has been cited as the main reason the economy has been in the gutter.
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Structural reforms to strengthen competition and reduce price inertia would make monetary policy more effective.
This constraint on monetary policy means that Brazil will soon have to deal with two structural problems.
If most unemployment is cyclical, not structural, the Fed could theoretically help by stimulating demand with easier monetary policy.
"We have had a tough year, but through stringent fiscal policy, the new floating exchange rate regime, and extensive structural reforms, we have come out of intensive care unit, " Mr Dervis said.
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