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International Monetary Fund (IMF); International … - 2004

Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the...

Persistent link: https://www.econbiz.de/10005768647

France; 2006 Article IV Consultation: Staff Report, Staff Supplement; and Public Information Notice on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2006

Franceâ€™s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high on the governmentâ€™s agenda. Tax reforms have improved the economyâ€™s growth potential. Reforms in financial, labor, and product markets are necessary to...

Persistent link: https://www.econbiz.de/10011245675

France; 2005 Article IV Consultation-Staff Report, Staff Supplement, and Public Information Notice on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2005

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

Denmark; Selected Issues

International Monetary Fund (IMF); International … - 2008

This Selected Issues paper for Denmark shows that a demographic shift will have several impacts on the economy. The decline in the relative size of the labor force will result in relatively fewer goods produced. This effect will be particularly strong, because a large portion of the current...

Persistent link: https://www.econbiz.de/10011244195

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 …

Persistent link: https://www.econbiz.de/10011245015

Republic of Estonia; Staff Report for the 2011 Article IV Consultation

International Monetary Fund (IMF); International … - 2011

The staff report for the 2011 Article IV Consultation concluded that a vibrant recovery marked Estoniaâ€™s first year in the euro area, albeit amid nascent tensions. The economyâ€™s strong rebound has been grounded in a proven track record of prudent macroeconomic policies. Executive...

Persistent link: https://www.econbiz.de/10011142206

Cyprus; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2005

This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The paper describes the legal and institutional framework of the Cypriot labor market, and discusses the voluntary framework for negotiations, the degree of unionization and the system...

Persistent link: https://www.econbiz.de/10005598850

Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can

International Monetary Fund (IMF); International … - 2012

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

Persistent link: https://www.econbiz.de/10009654152

Slovak Republic; 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

This 2013 Article IV Consultation highlights that following a sharp downturn in 2009 in the context of the global economic and financial crisis, Slovakia emerged as one of the fastest-growing economies in the European Union, supported in particular by substantial foreign investment in the auto...

Persistent link: https://www.econbiz.de/10011242589

Finland; 2007 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Finland

International Monetary Fund (IMF); International … - 2007

employment growth. The unemployment rate has dipped below the euro area average, and hovers near estimates of the structural … unemployment rate. …

Persistent link: https://www.econbiz.de/10011243836