Similar Search Results

International Monetary Fund (IMF); International … - 2013

Rigidities in Greeceâ€™s product and labor markets leading to economic imbalances and the significance of reforms to these markets are played out in the first paper. The second paper describes the problems, progress to date, and agenda for work in Greeceâ€™s revenue administration and...

Persistent link: https://www.econbiz.de/10011245714

Transmission of Financial Stress in Europe: The Pivotal Role of Italy and Spain, but not Greece

González-Hermosillo, Brenda; Johnson, Christian A - International Monetary Fund (IMF) - 2014

Germany, Greece, Ireland, Italy, Spain and Portugal. The stability of Germany is a close proxy for the resilience of the euro … during 2009â€“12 were due to idiosyncratic factors, market developments in Italy and Spain contributed significantly, likely …€™s sovereign CDS despite initial widespread concerns about such linkages. Spain and Italy show a notable co-dependence in …

Persistent link: https://www.econbiz.de/10011142190

Denmark; 2010 Article IV Consultation-Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for De...

International Monetary Fund (IMF); International … - 2010

Denmarkâ€™s flexicurity model has performed well during the crisis. The actions and the improvement in economic conditions have restored overall stability to the banking system. Private consumption has been dented by the decline in housing prices and net household wealth. Exports have...

Persistent link: https://www.econbiz.de/10011244600

Denmark; Selected Issues

International Monetary Fund (IMF); International … - 2006

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

France; 2006 Article IV Consultation: Staff Report, Staff Supplement; and Public Information Notice on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2006

Franceâ€™s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high on the governmentâ€™s agenda. Tax reforms have improved the economyâ€™s growth potential. Reforms in financial, labor, and product markets are necessary to...

Persistent link: https://www.econbiz.de/10011245675

Lifting Euro Area Growth; Priorities for Structural Reforms and Governance

Everaert, Luc; Allard, Céline - International Monetary Fund (IMF) - 2010

To live up to its growth potential and secure its inclusive social model, the euro area must make better use of its available labor. In the aftermath of the crisis, boosting growth is essential to prevent unemployment from becoming a long-term problem and to facilitate the return to fiscal...

Persistent link: https://www.econbiz.de/10011245859

Why Has Unemployment in Algeria Been Higher Than in Mena and Transition Countries

Kpodar, Kangni - International Monetary Fund (IMF) - 2007

This paper analyzes the determinants of labor market performance in Algeria. When the model is estimated with panel data on a sample of MENA and transition countries for 1995- 2005, the results suggest that lower growth in labor productivity in Algeria is associated with higher unemployment than...

Persistent link: https://www.econbiz.de/10005248294

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

Danish for All? Balancing Flexibility with Security; The Flexicurity Model

Zhou, Jian-Ping - International Monetary Fund (IMF) - 2007

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

Mauritius; Unemployment and the Role of Institutions

Yao, James Y.; McDonald, Calvin A. - International Monetary Fund (IMF) - 2003

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this trend was reversed and the rate increased to 10 percent by end-2002. This paper...

Persistent link: https://www.econbiz.de/10005826105