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flowed out of Italy to the core countries of the euro area. The Bank of Italy should continue to ensure that banks increase … from the establishment of the European Stability Mechanism, the announcement by the European Central Bank of the Outright …
Persistent link: https://www.econbiz.de/10011276838
While the single market has largely been achieved for the EU market for goods, the services sector has lagged behind. This has resulted in sluggish activity, low productivity growth, high prices, that show a wide dispersion and relatively high inflation in this sector. Both the OECD product...
Persistent link: https://www.econbiz.de/10005045682
This paper reviews some of the difficult challenges facing debt managers in the years to come. In countries experiencing a rapidly diminishing gross debt, particularly the United States, this raises the issue of whether private-sector securities can serve as a substitute for the traditionally...
Persistent link: https://www.econbiz.de/10005045961
This paper reviews key policy messages and warnings about developments in the run-up to the global financial and economic crisis that began in mid-2007 which are contained in the main publications of the IMF, the OECD and the BIS and discuss issues relevant to strengthening their surveillance...
Persistent link: https://www.econbiz.de/10009003650
sector regulators in network industries and the powers of the Competition Authority can still be enhanced, as the reform …
Persistent link: https://www.econbiz.de/10011276785
Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara...
Persistent link: https://www.econbiz.de/10011276807
procedures, internationalisation needs to be fostered, and competition strengthened. In addition, the negative impact of the … be relieved. This would be facilitated by more efficient insolvency procedures and further development of non-bank …
Persistent link: https://www.econbiz.de/10011276814
also increase barriers to entry and distort competition. If stringent environmental policies can be designed in a way that … model. This paper reports evidence on selected competition-relevant aspects of environmental policy design from a cross …) friendly to competition.<P>Les indicateurs des charges économiques inhérentes à la conception des politiques environnementales …
Persistent link: https://www.econbiz.de/10011276817
, network industries and retailing to more competition through lowering government dominance in provision and loosening planning …
Persistent link: https://www.econbiz.de/10011276818
This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output growth. Many general framework conditions are highly favourable to business risk-taking and innovation, including macro stability, openness, strong human capital, low corporate tax...
Persistent link: https://www.econbiz.de/10011276823