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Switzerland has a well-functioning labour market with low unemployment, a highly skilled workforce and well-paid jobs. It has proved resilient during the COVID-19 crisis, helped by extensive government support to employment and incomes. As activity recovers, the authorities face the challenge of...
Persistent link: https://www.econbiz.de/10013278629
The proportion of non-regular workers has risen to one-third of total employment. While non-regular employment provides flexibility and cost reductions for firms, it also creates equity and efficiency concerns. A comprehensive approach that includes relaxing the high degree of employment...
Persistent link: https://www.econbiz.de/10012444219
This paper analyses the increasing dualism in the Korean labour market and the need to encourage greater labour force participation. Although the rising proportion of non-regular workers lowers labour costs and increases employment flexibility, it has a negative impact on both equity and...
Persistent link: https://www.econbiz.de/10012444258
Slovakia’s fundamental tax reform of 2004 considerably improved the simplicity and efficiency of the tax system by eliminating exemptions and special regimes and setting the rates for the personal income tax (PIT), the corporate income tax (CIT) and the value added tax (VAT) all equal to 19%....
Persistent link: https://www.econbiz.de/10012444868
Rapid economic growth over the past two decades has substantially increased employment in Luxembourg, which has largely been met by in–flows of cross–border workers and, to a lesser extent, immigration. Unemployment has remained low compared to other European countries. These significant...
Persistent link: https://www.econbiz.de/10012446156
The centralised wage agreements have helped to contain inflation. There is evidence that wage increases were more moderate when a central agreement was concluded than in periods when no central agreement was reached. Nevertheless, there is also evidence that centralised wage setting has had some...
Persistent link: https://www.econbiz.de/10012446438
A well-functioning labour market is essential to sustain rapid economic growth in the face of population ageing. Priorities are to reverse the rising share of non-regular workers, which has negative implications for both growth and equity, and encourage greater employment of women and youth, who...
Persistent link: https://www.econbiz.de/10012446446
Unemployment in South Africa is extremely high and unevenly distributed, being concentrated among young less-skilled blacks. The legacies of apartheid can explain part of the increase in labour supply and inability of the economy to absorb it which produced the extreme levels of unemployment,...
Persistent link: https://www.econbiz.de/10012446944
En Suisse, les femmes ont désormais un niveau de formation égal à celui des hommes. Néanmoins, des progrès restent à accomplir sur le marché du travail où l’offre de main-d’oeuvre féminine et sa rémunération sont inférieures à celles des hommes. Le taux d’activité des femmes...
Persistent link: https://www.econbiz.de/10012454286
Korea faces the challenge of reversing rising inequality while sustaining robust economic growth. Welltargeted increases in Korea’s low level of social spending are needed to fill holes in the safety net, especially for the elderly. The development of social security depends on closing gaps in...
Persistent link: https://www.econbiz.de/10011276792