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This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key … and financial stabilization in 1997. The global economic crisis had a major effect on Bulgarian growth and employment … its 2008 level. However, employment growth was negative during 2009–2012, and the first small uptick occurred only in …
Persistent link: https://www.econbiz.de/10011245618
increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between …
Persistent link: https://www.econbiz.de/10011244125
This paper focuses on Second Poverty Reduction Strategy Paper for Lao People’s Democratic Republic. The economic sectors have undergone significant restructuring. This restructuring has been concentrated on production capacities, quality and efficiency, thus contributing to economic...
Persistent link: https://www.econbiz.de/10011245536
This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital markets has been presented. The note discusses restrictions on Chaebol ownership...
Persistent link: https://www.econbiz.de/10011243724
Persistent link: https://www.econbiz.de/10015060566
Persistent link: https://www.econbiz.de/10015058452
This Selected Issues paper explores different aspects of fiscal consolidation in Belgium. Belgium is facing higher structural deficits and rising debt after the pandemic and energy crisis. Fiscal consolidation is needed to lower inflation, rebuild buffers, reduce debt, and preserve Belgium's...
Persistent link: https://www.econbiz.de/10015058881
features of Belgium's wage-formation process. It then tries to identify some weaknesses and policy recommendations that strive to strike a balance between maintaining benefits of wage indexation while attenuating drawbacks for the economy. Inflation at record levels is putting the sustainability...
Persistent link: https://www.econbiz.de/10015059642
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014408993
Austria has relatively strong macroeconomic fundamentals, but also deep ties with the rest of the euro area. The legacy of an overly ambitious eastward financial sector expansion has created substantial challenges to its policymakers. Policies have been designed to preserve market confidence,...
Persistent link: https://www.econbiz.de/10011243804