Home  Journals  Regional Economics: Theory and Practice  2(425) - 2016 February

Foreign experience in the implementation of structural policies

Vol. 14, Iss. 2, FEBRUARY 2016

Article PDF Version

Received: 1 October 2015

Received in revised form: 21 October 2015

Accepted: 18 November 2015

Available online: 12 February 2016

Subject Heading: SCHOLAR DISPUTE

JEL Classification: I25, J21, O38, O43

Pages: 181-196

Importance The article studies the problem of realization of structural reforms in foreign countries.
Objectives The paper aims to identify the best foreign practices to implement structural policies.
Methods For the study, we used a comparative analysis.
Results We identified factors and conditions for successful implementation of structural reform.
Conclusions and Relevance We conclude that it is advisable to use the program approach for successful implementation of structural policies. We recommend to structure reform packages in the areas of labor market, human capital development, resources relocation, governance, as well as use tax (indirect) encouragement of small and medium-sized enterprises.

Keywords: economic development, structural reform, education, labor productivity, technological change

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