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This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic stability in a difficult environment, but challenges remain to reduce fiscal and external vulnerabilities, strengthen growth, create jobs, and tackle poverty. Growth slowed in 2014...
Persistent link: https://www.econbiz.de/10011244207
This paper discusses Romania’s Seventh and Eighth Reviews Under the Stand-by Arrangement and Request for Waiver of Nonobservance of Performance Criteria. Continued strong fiscal consolidation would enable Romania to exit the EU Excessive Deficit Procedure by mid-2013; prudent monetary policy...
Persistent link: https://www.econbiz.de/10011244295
implementation of strengthened activation policies and SME supports are also required to support growth and contain unemployment. …
Persistent link: https://www.econbiz.de/10011244425
This Selected Issues paper assesses the youth unemployment problem in advanced European economies, especially the euro … area. Youth unemployment rates increased sharply in the euro area after the crisis. Much of these increases can be … explained by output dynamics and the greater sensitivity of youth unemployment to economic activity compared with adult …
Persistent link: https://www.econbiz.de/10011244439
Ireland has made progress in overcoming the economic crisis. The new coalition government’s strategy for restoring sustained growth, sound public finances, and job creation has been put forward in the context of the European Union/IMF-supported program. On this basis, the government...
Persistent link: https://www.econbiz.de/10011244503
This report reviews economic development of Namibia in the recent years after the global crisis. The country bounced back very well after the crisis. Namibia exhibited strong performance in the primary sectors, which has led to remarkable growth in the second half of 2012. The government has...
Persistent link: https://www.econbiz.de/10011244754
KEY ISSUES Kiribati’s key economic challenges are to reduce large structural fiscal imbalances and increase growth and employment opportunities, while facing obstacles posed by remoteness, lack of scale, vulnerabilities to external shocks and climate change. The significant fiscal...
Persistent link: https://www.econbiz.de/10011244788
This 2014 Article IV Consultation highlights that economic growth in Spain has resumed, and unemployment is falling …
Persistent link: https://www.econbiz.de/10011244914
This paper focuses on Bosnia and Herzegovina’s Fourth Review Under the Stand-By Arrangement and Request for Modification and Waivers of Applicability of Performance Criteria. Despite a challenging environment, steady progress has been made in meeting program objectives. All end-June 2013...
Persistent link: https://www.econbiz.de/10011244945
This 2014 Article IV Consultation highlights that Lithuania’s economy has entered a broadly favorable trajectory of healthy and balanced growth, but income convergence with Western Europe has a long way to go. With inflation at historical lows and well-advanced repair of public finances...
Persistent link: https://www.econbiz.de/10011244988