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The Macedonian labor market exhibits a high unemployment rate, yet does not demonstrate obvious and large enough constraints on the demand or supply side. Considerable achievements can be made by maintaining macroeconomic stability, attracting FDI, and closing the educational gaps. The second...
Persistent link: https://www.econbiz.de/10011244331
a tightening labor market, inflation remains subdued. Employment has grown 1¼–1½ percent in 2007, on par with the …
Persistent link: https://www.econbiz.de/10011244374
€”to improve employment rates in Finland. It summarizes recent labor market developments in Finland, and investigates respectively … activate recipients, and focuses on strategies to boost youth employment rates. The paper also discusses the possibility of …
Persistent link: https://www.econbiz.de/10011244764
The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents...
Persistent link: https://www.econbiz.de/10011245015
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
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
This paper describes determinants of Japan’s productivity growth, reform outputs, and speculation on future potential growth. It investigates the macroeconomic implications of alternative fiscal strategies; examines the issues surrounding the Bank of Japan’s understanding of price...
Persistent link: https://www.econbiz.de/10011245231
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
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key … and financial stabilization in 1997. The global economic crisis had a major effect on Bulgarian growth and employment … its 2008 level. However, employment growth was negative during 2009–2012, and the first small uptick occurred only in …
Persistent link: https://www.econbiz.de/10011245618
The Spanish economy suffered an unprecedented double-dip recession with the rising unemployment and public debt situation. Spain also suffered a reversal of private external financing flows in 2011 and 2012. To counter this situation, major policy actions have been taken in the banking sector....
Persistent link: https://www.econbiz.de/10011245670