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Dismal Employment Growth in EU Countries; The Role of Corporate Balance Sheet Repair and Dual Labor Markets
Bakker, Bas B.; Zeng, Li - International Monetary Fund (IMF) - 2013
This paper argues that the large differences among EU countries in post-crisis employment performance are to a large extent driven by the need to adjust corporate balance sheets, which had greatly deteriorated during the boom years in some countries but not in others. To close the large gaps...
Persistent link: https://www.econbiz.de/10011242321
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Morocco; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Morocco
International Monetary Fund (IMF); International … - 2005
significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the …
Persistent link: https://www.econbiz.de/10005824903
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Kyrgyz Republic; First Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Staff Statement and Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kyrgyz Republic.
International Monetary Fund (IMF); International … - 2011
The Kyrgyz Republic is emerging from a deep political crisis. In April 2010, a popular uprising toppled the previous regime and internal ethnic conflict in June 2010 exacerbated the already difficult political situation. The crisis has adversely affected economic activity and near-term growth...
Persistent link: https://www.econbiz.de/10011242611
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Namibia; 2005 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Namibia
International Monetary Fund (IMF); International … - 2006
This 2005 Article IV Consultation highlights that Namibia recorded robust real GDP growth, falling inflation, a strong external current account surplus, and continued low external indebtedness over the last two years. Real GDP grew by 6 percent in 2004, as new marine technologies prompted a...
Persistent link: https://www.econbiz.de/10011243600
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Islamic Republic of Iran; 2005 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Iran
International Monetary Fund (IMF); International … - 2006
. The country's real GDP growth reached 5½ percent a year on average, unemployment declined, and macroeconomic indicators …
Persistent link: https://www.econbiz.de/10011244296
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Romania; Request for a Stand-By Arrangement
International Monetary Fund (IMF); International … - 2013
This paper discusses Romania’s Request for a Stand-By Arrangement (SBA). Since the 2008 global financial crisis, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers. However, Romania remains vulnerable to external shocks,...
Persistent link: https://www.econbiz.de/10011245005
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Does Openness to International Financial Flows Raise Productivity Growth?
Prasad, Eswar; Terrones, Marco; Kose, M. Ayhan - International Monetary Fund (IMF) - 2008
strong evidence that FDI and portfolio equity liabilities boost TFP growth while external debt is actually negatively … correlated with TFP growth. The negative relationship between external debt liabilities and TFP growth is attenuated in economies …
Persistent link: https://www.econbiz.de/10005769199
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
Using three distinct approaches—statistical filtering, production function, and multivariate model— this paper estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) during 1993–2013. The main...
Persistent link: https://www.econbiz.de/10011142066
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Youth Unemployment in Advanced Economies in Europe: Searching for Solutions
Banerji, Angana; Saksonovs, Sergejs; Lin, Hannah Huidan; … - International Monetary Fund (IMF) - 2014
The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro … area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global … financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the …
Persistent link: https://www.econbiz.de/10011142224
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Productivity or Employment; Is It a Choice?
Michelis, Andrea De; Estevão, Marcello M.; Wilson, … - International Monetary Fund (IMF) - 2013
Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends on their effect on aggregate demand. We raise the possibility that in response to labor supply shocks firms adjust efficiency, rendering TFP endogenous to firms’ production...
Persistent link: https://www.econbiz.de/10011242298