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During the European sovereign debt crisis of 2011-13, some nations faced with rising borrowing costs adopted commitments to treat bondholders as priority claimants. That is, if there was a shortage of funds, bondholders would be paid first. In this article, we analyze the prevalence and variety...
Persistent link: https://www.econbiz.de/10012004208
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The pandemic is inflicting much suffering, which has been met with swift, substantial, and well-coordinated policy responses. The anti-crisis measures have helped preserve jobs, provide liquidity to companies and income support to the vulnerable groups. They averted a larger decline in output...
Persistent link: https://www.econbiz.de/10012604023
fiscal and structural reforms to rebuild fiscal buffers and increase productivity. Slovenia's external position in 2018 is …
Persistent link: https://www.econbiz.de/10011986830
This Selected Issues paper argues that revenue-neutral tax rebalancing would help Slovenia address long-term fiscal and … growth challenges. The present tax-benefit system is supportive of distributional fairness in Slovenia; however, it is argued … the tax rebalancing impact suggests that it can permanently and significantly increase potential output in Slovenia. The …
Persistent link: https://www.econbiz.de/10011986832
Slovenia has weathered the pandemic and the energy price shocks well, but long-term challenges remain. Ageing of … Slovenia's population is a challenge, and private investment has softened over the past decade. The 2023 floods caused …
Persistent link: https://www.econbiz.de/10015058436
This 2022 Article IV Consultation discusses that Slovenia recovered quickly from the pandemic, with gross domestic … and rising prices weighed on economic activity. Slovenia recovered quickly from the pandemic but Russia's war in Ukraine …
Persistent link: https://www.econbiz.de/10015059790