Over the last decade, Aruba has faced three recessions resulting in a public debt of approximately 90 percent of GDP. Its current budget deficit needs to be reduced and Aruba should close a fiscal gap of 1.5-2 percent of GDP over the next two to three years to return to a sustainable path....

This Economic Development Document highlights the Moldova 2020 National Development Strategy focus on producing a social and economic impact on various development priorities. Poverty reduction has progressed significantly during the past eight years: the national poverty rate decreased from...

This paper assesses the sustainability of the public pension system, discusses recent and proposed changes to veterans' benefits, and reviews the effectiveness of social assistance in Kosovo. The social transfer programs created in the wake of Kosovo's independence are narrower in scope than...