| Description |
1 online resource (87 pages) |
| Contents |
Cover; CONTENTS; AN ECONOMY THAT IS AT FULL EMPLOYMENT; A WIDE RANGE OF RISKS AROUND THE BASELINE; AN ECONOMY THAT IS FAILING TO RAISE LIVING STANDARDS; THE RIGHT MACROECONOMIC POLICY MIX; A.A Sustained and Balanced Medium-term Fiscal Consolidation; B.A Gradual and Well Communicated Monetary Normalization; STRENGTHENING THE FOUNDATIONS FOR GROWTH AND RESILIENCE; A. Tax Policy; B. Improving Infrastructure; C. Financial Regulation; D. Trade; E. Deregulation; MAINTAINING A PRODUCTIVE AND FLEXIBLE WORKFORCE; A. Education; B. Family-Friendly Benefits |
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C. Supporting Low- and Middle-Income HouseholdsD. Immigration; E. Healthcare; STAFF APPRAISAL; BOXES; 1. Cyber Risks to Financial Stability; 2. Understanding the U.S. Labor Productivity Decline: A State-Level Perspective; 3. Explaining the Declining Labor Share of Income in the U.S.; 4. Drivers of U.S. Income Polarization-Evidence from the States; 5. The Dynamic Distributional Effects of Tax Reform: A Heterogenous Agent Model; FIGURES; 1. Recent Developments; 2. Corporate Leverage; TABLES; 1. Selected Economic Indicators; 2. Balance of Payments; 3. Federal and General Government Finances |
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4. Core FSIs for Deposit TakersANNEXES; I. External Sector Assessment; II. Public Debt Sustainability Analysis; III. Implementation of FSAP Recommendations; IV. Response to Past Policy Advice; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES |
| Summary |
The U.S. is in its third longest expansion since 1850, job growth has been persistently strong, inflation is subdued, and the economy is effectively at full employment. However, like many other advanced economies, the U.S. is confronting secular shifts on multiple fronts. These include technological change that is reshaping labor and product markets, low productivity growth, rising skills premia, and an aging population. Even with high per capita income and one of the most flexible, competitive, and innovative economies in the world, the U.S. model appears to be having difficulties adapting to these changes. Most critically, relative to historical performance, growth has been too low and too unequal. The challenge for the U.S. administration is to realign policies to raise productivity and labor force participation, reduce poverty and income polarization, and help restore the economy's adaptability and dynamism |
| Notes |
Print version record |
| Subject |
International Monetary Fund -- United States
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| SUBJECT |
International Monetary Fund fast |
| Subject |
Securities -- United States
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Economic policy
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Securities
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Fiscal Policy.
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Fiscal Consolidation.
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Economic Indicators.
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Economic Growth.
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Debt Sustainability Analysis.
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Article IV Consultation Reports.
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| SUBJECT |
United States -- Economic policy.
http://id.loc.gov/authorities/subjects/sh85140033
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| Subject |
United States
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| Form |
Electronic book
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| ISBN |
1484312740 |
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9781484312742 |
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