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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
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
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
. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered …
Persistent link: https://www.econbiz.de/10005824954
growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in …
Persistent link: https://www.econbiz.de/10005825062
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
This Selected Issues paper describes labor market trends in Belarus and the role of labor market institutions in the outcome. The paper examines the current status of the tax system in Belarus and assesses recent efforts to reform it. It argues that the current tax system in Belarus is...
Persistent link: https://www.econbiz.de/10005591560
The Belgian economy showed considerable progress through 2011 in terms of both growth and employment. However, the 2013 … unemployment. The economy has entered its second year of near zero growth. To help restore competitiveness and improve financial … market conditions, decisive actions have been taken. Important decisions in 2012 include pension schemes and unemployment …
Persistent link: https://www.econbiz.de/10011242474
that ended with the global financial crisis. Unemployment soared, the fiscal position deteriorated sharply, and funding … the last seven quarters, unemployment has reached high levels, and financing conditions remain tight for small firms. The …
Persistent link: https://www.econbiz.de/10011242476
This Selected Issues Paper focuses on structural reforms and fiscal devaluation in Italy. Italy’s economy has a number of important strengths. Despite these strengths, Italy’s economic performance has lagged behind its peers. The authorities’ reform plans are under way in...
Persistent link: https://www.econbiz.de/10011243765