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This Selected Issues paper examines the prospects for Latvia continuing to rapidly reduce its distance from the … income to that of Latvia at present, to gauge the plausibility of the forecast for Latvia’s medium term GDP growth of about 4 … sustain higher subsequent growth. The paper also confirms the importance of investment and structural reforms for Latvia …
Persistent link: https://www.econbiz.de/10014412114
KEY ISSUES Context: Latvia’s economy continues to recover strongly as it joins the euro area. The output gap is now …. Challenges: Latvia’s broadly favorable medium-term outlook faces several external risks. Prolonged weakness in euro area trade …
Persistent link: https://www.econbiz.de/10014411234
Latvia has rebounded from the crisis, after successfully undertaking a difficult adjustment program. The recovery has …
Persistent link: https://www.econbiz.de/10014395422
This note presents estimates of potential growth and the output gap in Latvia. The estimates suggest that the output …
Persistent link: https://www.econbiz.de/10014395423
This Selected Issues paper presents a comparison on public expenditure of Austria and other countries. In the past decade, Austria's government expenditure growth has been very steady, thus avoiding the boom-bust pattern of some other European countries. However, expenditure levels are...
Persistent link: https://www.econbiz.de/10014411511
The Selected Issues paper investigates options for improving the efficiency of the Italian judicial system and closing the regional performance gap. Better courts would bring about macroeconomic benefits, including increased employment opportunities, and higher productivity, investment, and...
Persistent link: https://www.econbiz.de/10014411512
After slowing in 2013, the Slovak economy is gathering momentum as the euro area and domestic demand recover, the latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies. Reducing still very high unemployment remains a key challenge, as does...
Persistent link: https://www.econbiz.de/10014411529
Sweden’s economy has re-gained speed, following supportive macroeconomic policies and strong household demand. Employment has been rising, but the labor force expanded even more, resulting in higher unemployment mostly among vulnerable groups. Inflation remains very low, driven by external and...
Persistent link: https://www.econbiz.de/10014411530
This Selected Issues Paper on Sweden focuses on macroprudential policies in Sweden. Sweden's banking system meets most standard measures of financial soundness. However, with its large and wholesale-dependent banking sector, high and increasing household debt, and resurgent house price growth,...
Persistent link: https://www.econbiz.de/10014411531
This Selected Issues paper provides a brief overview of Slovakia's transformation over this period. The note is divided into three parts. The first section offers some historical background on the run-up to EU accession. The paper also discusses the economic impact of EU accession and highlights...
Persistent link: https://www.econbiz.de/10014411542