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Persistent link: https://www.econbiz.de/10012589426
The key findings of Denmark’s 2008 Article IV Consultation are examined. The global liquidity crisis put the financial … policies. The crisis accelerated a downturn that had begun in 2007 and tilted the balance of macroeconomic risk toward … recession. The macroeconomic policy mix is appropriate, including higher interest rates to support the exchange rate peg and an …
Persistent link: https://www.econbiz.de/10014403570
The staff report for the 2004 Article IV Consultation on Denmark focuses on economic developments and policies. Labor …. Fiscal policy in Denmark is based on a medium-term strategy to accommodate the pressures from an aging population while … market reforms led to a sustained increase in structural employment, while careful fiscal policy in the context of a clear …
Persistent link: https://www.econbiz.de/10014404715
France's recent economic performance has been distinctly positive, supported by policy reforms over a number of years …. Improving long-term economic performance depends crucially on significant reductions in France's high tax burden. Effective …
Persistent link: https://www.econbiz.de/10014402325
France’s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high … on the government’s agenda. Tax reforms have improved the economy’s growth potential. Reforms in financial, labor, and … product markets are necessary to boost job creation, prepare the economy for aging, and allow it to benefit from global …
Persistent link: https://www.econbiz.de/10014404839
The staff report for the 2004 Article IV Consultation on France highlights economic performance and near-term outlook … and policies. On structural issues, a health care reform has established the key instruments to gain control over the …
Persistent link: https://www.econbiz.de/10014407099
and timing owing to political economy considerations and a strong social preference for publicly provided services. The …
Persistent link: https://www.econbiz.de/10014406169
This 2005 Article IV Consultation highlights that the cyclical recovery of the French economy was interrupted in the … first half of 2005, as previously strong domestic demand faltered and the external sector continued to exert a drag on … growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in …
Persistent link: https://www.econbiz.de/10014406229
favorable. This upbeat outlook is underpinned by buoyant activity indicators and a supportive policy mix. High household and …
Persistent link: https://www.econbiz.de/10014401965
Domestic demand is expected to remain the engine of growth in France, with net exports playing a minor role in the near … consolidation targets set out in France’s Stability Program and the multiyear budget framework strike the right balance between …
Persistent link: https://www.econbiz.de/10014398450