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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
, risks to a highly open economy like Canada are substantial and compound domestic vulnerabilities related to inflation … into a mild recession. Looking further ahead, the government is positioning Canada as a reliable supplier of critical … further strengthening the investment climate, boosting productivity growth, and implementing Canada's ambitious policies to …
Persistent link: https://www.econbiz.de/10015059191
This paper on Financial Safety Net and Crisis Management for the Canada reviews the stress testing and financial … expanded their footprints abroad. Canada has strong financial linkages with the United States. Macrofinancial vulnerabilities …
Persistent link: https://www.econbiz.de/10014407885
This Technical Note on Financial Safety Net and Crisis Management for the Canada focuses on housing finance. Housing … being under-priced in some segments. Aspects of Canada's mortgage finance may amplify procyclical effects of falling house …
Persistent link: https://www.econbiz.de/10014407886
This Technical Note on Financial Safety Net and Crisis Management for the Canada examines systematic liquidity issues …. The review evaluated the Bank of Canada's (BOC's) operational framework and its ability to manage liquidity conditions in … normal times and in times of stress. The review also assessed the functioning and resilience of key funding markets in Canada …
Persistent link: https://www.econbiz.de/10014407887
issues in Canada. The paper discusses the existing systemic risk oversight arrangements and potential challenges, and then …
Persistent link: https://www.econbiz.de/10014407888