multiple countries. It focuses on the categories of spending that are naturally inflexible—wages, pensions, transfers to … is a result of a high degree of spending rigidity. Despite being a common complaint, the issue has remained largely … comparability. This report helps close this gap by introducing a new measure of spending rigidities that can be easily applied to …

Motivation and macroeconomic context -- Trade trends and patterns and labor competitiveness -- Deepening integration … -- Services as an engine of growth : the regional dimension of trade in services -- Attracting private investment …