Some countries are scaling up public investment (Canada,Germany, Italy, and the United Kingdom, among others).
Most are pushing structural reforms to increase potential GDP, with often non-trivial budgetary costs.
Reforms are broad based, generally aimed at increasing the flexibility of labor markets; improving the business environment by reducing administrative burdens,increasing the flexibility of retail hours, and improving the efficiency of the judicial system; liberalizing product markets, particularly the energy and transportation
sectors; and strengthening the financial sector by modernizing insolvency regimes and easing access to bank financing for small and medium enterprises.