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Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility : The Case of Belgium
International Monetary Fund - 1994
Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent initiatives …
Persistent link: https://www.econbiz.de/10014398156
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Belgium: Selected Issues
International Monetary Fund (IMF); International … - 2015
This Selected Issues paper illustrates the recent evolution in Belgian housing prices. Belgian housing prices peaked at the end of 2013 after a persistent increase that was almost continuous for 30 years. The stabilization of prices, combined with policy changes on the fiscal and...
Persistent link: https://www.econbiz.de/10011245071
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Luxembourg; Staff Report for the 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2012
This 2012 Article IV Consultation highlights that economic growth in Luxembourg slowed in 2011 amid the euro area sovereign debt crisis. Reflecting sluggish external demand, economic activity is expected to further weaken, with growth projected to decline to ½ percent in 2012. Executive...
Persistent link: https://www.econbiz.de/10011244379
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Algeria; Selected Issues
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
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Finland; Selected Issues
International Monetary Fund (IMF); International … - 2007
€”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
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Denmark; Selected Issues
International Monetary Fund (IMF); International … - 2006
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
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Republic of Estonia; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
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
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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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Bulgaria: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
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
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Morocco; Selected Issues
International Monetary Fund (IMF); International … - 2013
Morocco has made substantial progress in increasing inclusive growth over the past decade, but additional efforts in terms of growth-enhancing structural reforms are needed. Preserving economic efficiency and fostering growth while strengthening inclusiveness remains a priority. This paper...
Persistent link: https://www.econbiz.de/10011245693