Showing 1 - 10 of 37
Denmark’s flexicurity model has performed well during the crisis. The actions and the improvement in economic conditions have restored overall stability to the banking system. Private consumption has been dented by the decline in housing prices and net household wealth. Exports have...
Persistent link: https://www.econbiz.de/10011244600
Based on the economic literature, various policy measures and institutions in the product and labor markets that increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between Vertical Fiscal Imbalances (VFIs) and fiscal performance...
Persistent link: https://www.econbiz.de/10011244125
Emerging and developing countries have grown faster than advanced countries since the 2000s. This shifting weight of global economic activity from 'the West'to 'East and South'is referred to as 'shifting wealth'. But in recent years, a number of factors, such as lower commodity prices, seem to...
Persistent link: https://www.econbiz.de/10012447433
Persistent link: https://www.econbiz.de/10013451659
closed on the back of gains in competitiveness and improvements in export performance. Portugal has also been able to reduce … Portugal successfully exits the EU-IMF-ECB-supported programme and emerges from recession, it is more important than ever to …). It updates the OECD report Portugal: Reforming the State to Promote Growth, published in 2013. According to the OECD …
Persistent link: https://www.econbiz.de/10012447194
Drawing on the OECD’s expertise in comparing country experiences and identifying best practices, the Better Policies series tailors the OECD’s policy advice to the specific and timely priorities of member and partner countries, focusing on how governments can make reform happen.
Persistent link: https://www.econbiz.de/10012450518
This paper discusses Portugal’s Tenth Review Under the Extended Arrangement. The short-term outlook has improved and program implementation remains on track, notwithstanding another adverse Constitutional Court ruling. Stronger domestic demand is supporting a pick-up in activity and lower...
Persistent link: https://www.econbiz.de/10011245368
Portugal’s economy is in deep recession, and the crisis has opened up a large output gap, with severe consequences for employment and government revenue. While the focus is on the medium- and long-term, this analysis also offers insights on how deep the output gap is. It also highlights...
Persistent link: https://www.econbiz.de/10011242590
This paper discusses Portugal’s Eighth and Ninth Reviews Under the Extended Arrangement and Request for Waivers of Applicability of end-September Performance Criteria (PC). Program implementation has remained broadly on track, in spite of a political crisis and significant legal...
Persistent link: https://www.econbiz.de/10011243135
This paper reviews the recent growth experience of the Greek and Portuguese economies and their determinants, comparing it with the rest of the euro area as well as a large set of other economies. Estimates from fixed effects panel and cross-section regressions are used to estimate how changes...
Persistent link: https://www.econbiz.de/10014407303