Making European Reforms a Success on the Ground
IMF Notes, November 13, 2025
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- Making European Reforms a Success on the Ground
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Bibliographic details
- Published: November 13, 2025
- Series: IMF Notes
- DOI: https://doi.org/10.5089/9798229030410.068
Summary
- Europe’s medium-term growth prospects remain subdued.
- There is broad recognition that growth need not be this low, and there is also a common understanding of what is standing in the way.
- Decisive policy action has been lacking; one reason is uncertainty around the size of the gains and how they are distributed.
- This Note advances the debate by estimating the potential of policy packages aimed at closing structural policy gaps through national and single-market reforms, and showing how they would play out at the regional (within-country) level.
Major themes and focus
- Estimating the potential of policy packages to close structural policy gaps.
- Emphasis on national and single-market reforms.
- Analysis of regional (within-country) distributional effects of reforms.
Subjects and keywords (as listed)
- Subject: Employment, International trade, Labor, Labor productivity, Macrostructural analysis, Production, Productivity, Structural reforms, Trade barriers
- Keywords: agglomeration., Baltics, Employment, Europe, Europe's reform, Global, growth, Labor productivity, output per worker gain, Productivity, productivity gain, Reform package, single market, structural reforms, Trade barriers
Related platform note
- IMF eLibrary offers over 25,000 IMF publications in multiple formats.
International Monetary Fund. European Dept. "Making European Reforms a Success on the Ground", IMF Notes 2025, 005 (2025).
Content in this bundle
- Making European Reforms a Success on the Ground; IMF Note No. 25/005; November 2025