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This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but also reflected a more moderate decline in the amount...
Persistent link: https://www.econbiz.de/10005825549
The key policy challenge for Turkey in the years ahead will be to enhance and consolidate the advances made since the nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union levels. This paper reviews Turkey’s...
Persistent link: https://www.econbiz.de/10005767368
growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in …
Persistent link: https://www.econbiz.de/10005825062
The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption in total expenditure has been low and declining due to high and rising saving rate of Chinese...
Persistent link: https://www.econbiz.de/10005768788
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
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011244203
improve policy implementation and coordination across sectors. There has been rapid growth in the non-farm paid employment …
Persistent link: https://www.econbiz.de/10011244844
This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base...
Persistent link: https://www.econbiz.de/10005768868
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment … variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates …
Persistent link: https://www.econbiz.de/10005604960
Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes underlying such dispersion. According to our empirical findings, persistent RULC growth differentials can...
Persistent link: https://www.econbiz.de/10009019597