Showing 1 - 10 of 16
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation...
Persistent link: https://www.econbiz.de/10011276814
goods exports into competitiveness and structural effects (i.e. the impact of specialisation, either in product or … in other European advanced economies, thanks to better competitiveness. By contrast, the structure of geographic markets …
Persistent link: https://www.econbiz.de/10011276857
euro area competitiveness, cyclical positions, fiscal positions and the oil price. The framework is then used to cyclically …-adjust observed current account balances and illustrate the scale of the additional adjustments to competitiveness and/or fiscal … net external debt levels. In Spain and Portugal, cost competitiveness relative to the rest of the euro area would need to …
Persistent link: https://www.econbiz.de/10011276880
The recent crisis has revealed large differences in external competitiveness between euro area member countries. Since … added tax, as an alternative means to restore competitiveness. This paper discusses the potential benefits and drawbacks of …
Persistent link: https://www.econbiz.de/10011276941
Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process. High consumer price inflation and a wide current account deficit are sources of vulnerability. Even though below-potential growth helps rebalancing and disinflation, these...
Persistent link: https://www.econbiz.de/10011277023
competitiveness problems and a dearth of domestic saving. They need to be addressed using both macroeconomic and structural policy … balanced growth through strengthened competitiveness and greater private saving calls inter alia for increased labour force …
Persistent link: https://www.econbiz.de/10011277032
Developments over the past few years have shown that reforms to address climate change are no less difficult to implement than reforms in other areas, even if the objective of limiting global warming is broadly accepted. In the case of global public goods such as the climate, the political...
Persistent link: https://www.econbiz.de/10009293824
competitiveness. In particular, often building on recent policy initiatives or commitments, this paper recommends reforms to further …
Persistent link: https://www.econbiz.de/10009364450
-to-head competition with Germany; iii) low non-price competitiveness of French export goods; iv) offshoring of entire production processes …
Persistent link: https://www.econbiz.de/10008542498
This article investigates issues related to industrial restructuring in Russia. Based on extensive sectoral data it examines, more particularly, levels and changes in labour productivity, unit labour costs and revealed comparative advantages for a large number of Russian industrial sectors. The...
Persistent link: https://www.econbiz.de/10005045822