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This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10005825219
We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled … private-sector employment rates and high proportions of government-sector employment. Regressions of either private …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that …
Persistent link: https://www.econbiz.de/10010790351
This Joint Staff Advisory Note focuses on the Interim Poverty Reduction Strategy Paper (I-PRSP) for Sudan. I-PRSP provides a useful stock taking of the socioeconomic situation in Sudan and offers a good basis for the design and monitoring of growth and poverty reduction policies. It is the first...
Persistent link: https://www.econbiz.de/10011242919
Botswana. The IMF report analyzes that large public employment significantly affect labor market outcomes in middle …
Persistent link: https://www.econbiz.de/10011243359
This paper compiles and compares recent and past measures introduced to contain the public wage bill in a number of emerging and advanced economies to assess their effectiveness in bringing down expenditure in a sustained way. In the aftermath of the Great Recession a number of countries have...
Persistent link: https://www.econbiz.de/10011142136
The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents...
Persistent link: https://www.econbiz.de/10011245015
The Danish flexicurity model has attracted attention among policymakers in Europe, because it suggests that a flexible labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960-2002, the paper identifies the elements of the...
Persistent link: https://www.econbiz.de/10005825613
employment when industries are finely disaggregated (450 manufacturing industries). However, this affect disappears at more …
Persistent link: https://www.econbiz.de/10005768861
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results … employment growth, including through sizable interaction effects. Based on these findings, the paper develops a theoretical …
Persistent link: https://www.econbiz.de/10005769319