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decline in the relative size of the labor force will result in relatively fewer goods produced. This effect will be …
Persistent link: https://www.econbiz.de/10011244195
This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by strong global growth and supportive fiscal and monetary policies. Private consumption has served as the engine of expansion, supported by resurgence in investment and buoyant...
Persistent link: https://www.econbiz.de/10011244462
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
high on the government’s agenda. Tax reforms have improved the economy’s growth potential. Reforms in financial, labor … risks. Structural reforms in labor and product markets remain essential to boost long-term growth and secure fiscal …
Persistent link: https://www.econbiz.de/10011245675
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 system’s budget. Ongoing civil service reform and...
Persistent link: https://www.econbiz.de/10005252602
This Selected Issues paper examines conditions in Colombian labor markets, which present a big challenge to the country …. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered … underemployed. The paper reviews labor market developments leading up to the reforms. It examines structural issues in the labor …
Persistent link: https://www.econbiz.de/10005824954
-accounting perspective, slower growth in the capital-labor ratio seems to be the main driver behind the deceleration in labor productivity … rate of total EU external trade, and China became the EU’s second largest trading partner. …
Persistent link: https://www.econbiz.de/10005825029
acceleration of labor productivity growth in the United States. The analysis reveals that the increase of total factor productivity …
Persistent link: https://www.econbiz.de/10005825041
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...
Persistent link: https://www.econbiz.de/10005825062
This Selected Issues paper for Indonesia reports that following the major cleanup of the banking sector after the crisis, banks’ performance has improved as net interest margins and profitability have increased. Public and external debt ratios have declined and international reserves have...
Persistent link: https://www.econbiz.de/10005825413