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's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional …
Persistent link: https://www.econbiz.de/10005826596
Italy’s 2008 Article IV Consultation describes the country's economic developments and policies. Output has been projected to contract by about ½ percent in 2008 and 1 percent in 2009, with risks tilted to the downside, linked to a further slowing of global growth and falling consumer...
Persistent link: https://www.econbiz.de/10011243865
the catch-up in labor utilization productivity and use independent demographic projections and other considerations to … make reasonable assumptions about labor productivity and utilization growth in the future. It uses a simple growth …-accounting framework, and discusses the trends in labor utilization and productivity per hour in the past. The paper also describes the …
Persistent link: https://www.econbiz.de/10005825025
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
Paraguay’s economy recently experienced particularly large output swings. Economic policies will play a critical role in raising investment by making sure that macroeconomic stability is maintained. The spillovers from the agricultural sector to the rest of the economy are limited. The...
Persistent link: https://www.econbiz.de/10011244461
This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two …-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit …
Persistent link: https://www.econbiz.de/10011244501
This technical note discusses the banking system structure, performance, and medium-term challenges for Switzerland. The note discusses that the Swiss banking sector has been undergoing a substantial consolidation over the last 10 years, but retains a rich collection of institutional types...
Persistent link: https://www.econbiz.de/10011244615
The global financial crisis hit Denmark hard, and the recovery has been slow and unsteady. Denmark’s slow growth predates the recent economic crisis, and the economy has underperformed its regional peers. The current account remains in surplus, largely reflecting weak domestic demand...
Persistent link: https://www.econbiz.de/10011244874
This Selected Issues paper explores the question of what kind of structural policies could boost productivity growth in … trade openness are necessary for productivity growth, they are not sufficient. SMICs need to improve the quality of their …
Persistent link: https://www.econbiz.de/10011244906
This paper describes determinants of Japan’s productivity growth, reform outputs, and speculation on future potential …
Persistent link: https://www.econbiz.de/10011245231