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The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output is projected to level off, and then decline...
Persistent link: https://www.econbiz.de/10011244994
drastically. Income poverty remains high. People’s access to energy, water, communications, education, and health services …
Persistent link: https://www.econbiz.de/10005824948
larger has been the role of the declining share of household income in national income, which has occurred across …-the-board in wages, investment income, and government transfers. The paper finds that financial sector weaknesses, by restricting … income shares low and on a declining trend. …
Persistent link: https://www.econbiz.de/10005768788
This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the … and unemployment but increases vacancies. Additionally, the model explains the average level of unemployment insurance …
Persistent link: https://www.econbiz.de/10008528693
attributed a decline in its per capita income ranking since 1970 to "eurosclerosis" or sluggish growth caused by distortionary …
Persistent link: https://www.econbiz.de/10005605036
€˜buffer stock’ model of optimal consumption in the presence of labor income uncertainty and credit constraints. Saving in the model …
Persistent link: https://www.econbiz.de/10011242291
productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … problems in its labor market, reflected in its high long–term and youth unemployment. Our analysis of the drivers of labor … percentage point a year. This would be enough to close the income gap with the EU average by 2040, compared to the status quo …
Persistent link: https://www.econbiz.de/10011242306
This paper reviews the fiscal reform of the Czech Republic, its key reform measures, and structural implications. The study also focuses on key challenges and demographic pressures facing the Czech economy, and describes the analytical framework of Global Fiscal Model (GFM) with technical...
Persistent link: https://www.econbiz.de/10011242637
by sector, industrial employment by sector, indicators of hidden unemployment, selected labor market indicators …, unemployment rate by regions, consumer price inflation and CPI weights, industrial producer prices, wages, pensions and per capita … income, federal government budget execution, regional and local government operations, extrabudgetary fund operations …
Persistent link: https://www.econbiz.de/10011242868
This Selected Issues paper on the Republic of Estonia highlights its growth performance relative to other countries in the European Union (EU). Estonia has experienced a period of unprecedented growth since the mid-1990s. Between 1995 and 2005, Estonia’s real GDP per capita rose by an...
Persistent link: https://www.econbiz.de/10011243639