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Portugal: Fourth Review Under the Extended Arrangement and Request for a Waiver of Applicability of End-June Performance Criteria; Staff Report; Press Release on the Executive Boar...
International Monetary Fund (IMF); International … - 2012
This paper discusses findings of the fourth review under an Extended Fund Facility Arrangement with Portugal. One year into the program, the authorities are making progress in reducing economic imbalances. The delicate balance between orderly deleveraging and improving competitiveness also...
Persistent link: https://www.econbiz.de/10011245120
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Belgium; Selected Issues
International Monetary Fund (IMF); International … - 2004
Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the...
Persistent link: https://www.econbiz.de/10005768647
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Republic of Estonia; Staff Report for the 2011 Article IV Consultation
International Monetary Fund (IMF); International … - 2011
The staff report for the 2011 Article IV Consultation concluded that a vibrant recovery marked Estonia’s first year in the euro area, albeit amid nascent tensions. The economy’s strong rebound has been grounded in a proven track record of prudent macroeconomic policies. Executive...
Persistent link: https://www.econbiz.de/10011142206
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Sweden; 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden
International Monetary Fund (IMF); International … - 2011
recession are discussed. The low inflation is reached by increasing Riksbank policy rate. The role of fiscal policy council is …
Persistent link: https://www.econbiz.de/10011242838
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The Human Cost of Recessions; Assessing It, Reducing It
Dao, Mai; Loungani, Prakash - International Monetary Fund (IMF) - 2010
present resulting from the Great Recession of 2007–09. We assess the human cost of increased unemployment by surveying what …Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at … is known about the effects of past recessions. If past is prologue, the cost to the unemployed (and society) could be …
Persistent link: https://www.econbiz.de/10011245873
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Belgium; Staff Report for the 2011 Article IV Consultation
International Monetary Fund (IMF); International … - 2012
This 2011 Article IV Consultation reports that the vulnerability of Belgium’s sovereign debt to market pressures makes credible medium-term fiscal consolidation a priority. The 2012 budget includes sizable consolidation measures, and the government is committed to take additional measures...
Persistent link: https://www.econbiz.de/10011245533
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Fostering Growth in Europe Now
Barkbu, Bergljot; Rahman, Jesmin; Valdés, Rodrigo O. - International Monetary Fund (IMF) - 2012
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010790482
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Kingdom of the Netherlands; Netherlands: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by...
International Monetary Fund (IMF); International … - 2008
Strong macroeconomic foundations have so far largely shielded the Netherlands from recent financial turbulence. Despite a tightening labor market, inflation remains subdued. Employment has grown 1¼–1½ percent in 2007, on par with the rest of the Euro area. The external current...
Persistent link: https://www.econbiz.de/10011244374
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Finland; Selected Issues
International Monetary Fund (IMF); International … - 2007
the limitation of current unemployment and disability benefit schemes. The paper identifies possible strategies to …
Persistent link: https://www.econbiz.de/10011244764
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Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can
International Monetary Fund (IMF); International … - 2012
We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …
Persistent link: https://www.econbiz.de/10009654152