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Tests of German Resilience
Bornhorst, Fabian; Mody, Ashoka - International Monetary Fund (IMF) - 2012
From its early post-war catch-up phase, Germany’s formidable export engine has been its consistent driver of growth. But Germany has almost equally consistently run current account surpluses. Exports have powered the dynamic phases and helped emerge from stagnation. Volatile external...
Persistent link: https://www.econbiz.de/10011142028
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Informal Labour and Credit Markets: A Survey
Levine, Paul; Lotti, Emanuela; Batini, Nicoletta; Kim, … - International Monetary Fund (IMF) - 2010
This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modeling informality within both partial and general equilibrium environments. We concentrate on labour and credit markets, since these tend to be most affected by...
Persistent link: https://www.econbiz.de/10008519512
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Belgium; Selected Issues
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
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Do Active Labor Market Policies Increase Employment?
Estevão, Marcello M. - International Monetary Fund (IMF) - 2003
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to...
Persistent link: https://www.econbiz.de/10005604960
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Afghanistan; Balancing Social and Security Spending in the Context of Shrinking Resource Envelope
Aslam, Aqib; Berkes, Enrico; Fukac, Martin; Menkulasi, Jeta - International Monetary Fund (IMF) - 2013
For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term …
Persistent link: https://www.econbiz.de/10011242233
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Islamic Republic of Afghanistan: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Islamic Republic of Afghanistan
International Monetary Fund (IMF); International … - 2014
KEY ISSUES Context. Over the past decade, Afghanistan has made enormous progress in reconstruction, development and … social outcomes. With significant reform efforts and donor support, Afghanistan has maintained macroeconomic stability … supporting Afghanistan through technical assistance and a three-year Extended Credit Facility (ECF) arrangement. Reviews under …
Persistent link: https://www.econbiz.de/10011243928
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Colonial Origins, Institutions and Economic Performance in the Caribbean; Guyana and Barbados
DaCosta, Michael - International Monetary Fund (IMF) - 2007
The countries that were once British colonies in the Caribbean share a common language and a colonial history of slavery, dominance of a plantation-based sugar industry, and broadly similar government and administrative traditions. Following independence in the late-1960s economic strategies and...
Persistent link: https://www.econbiz.de/10005263739
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Crises, Labor Market Policy, and Unemployment
Furceri, Davide; Bernal-Verdugo, Lorenzo E.; Guillaume, … - International Monetary Fund (IMF) - 2012
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
Persistent link: https://www.econbiz.de/10009654166
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Why Are Women Working so Much More in Canada? An International Perspective
Tsounta, Evridiki - International Monetary Fund (IMF) - 2006
This paper analyzes the role of the tax and benefit system in spurring the impressive increase in Canadian female labor participation in the last decade. Using annual panel data for 10 large industrial countries over the period 1980-2001, I find that reforms in the Canadian tax and benefit...
Persistent link: https://www.econbiz.de/10005826383
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Djibouti; Poverty Reduction Strategy Paper: Annual Progress Report
International Monetary Fund (IMF); International … - 2012
The modern economy of the Republic of Djibouti is based on rents directly or indirectly originating from the international port of Djibouti and from the country’s strategic position. The Poverty Reduction Strategy Paper discusses that the growth recorded over the last five years is...
Persistent link: https://www.econbiz.de/10011244165