Showing 1 - 10 of 130
Italy’s low employment rate is associated with adverse labour market dynamics characterised differently across different categories of people. Both job separation and re-employment have remained less frequent in Italy, especially among older workers, against the backdrop of rigid employment...
Persistent link: https://www.econbiz.de/10011577714
has income inequality been higher than it is today in Japan, and in the OECD area. The two challenges have some common … facilitate the closure of non-viable firms, whose survival hampers the growth of viable firms in Japan. This would also increase … the 2017 OECD Economic Survey of Japan (www.oecd.org/eco/surveys/economic-survey-japan.htm) …
Persistent link: https://www.econbiz.de/10011732717
Innovation is key to boosting economic growth in the face of a rapidly ageing population. While Japan spends heavily on …
Persistent link: https://www.econbiz.de/10011399690
With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at … risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to …
Persistent link: https://www.econbiz.de/10011399692
With persisting slower growth worldwide and in China, over-capacity in some heavy industry sectors, declining profitability, and intensifying competition from other, lower-cost emerging economies, corporate behaviour in China needs to change and focus more on efficiency and sustainability. This...
Persistent link: https://www.econbiz.de/10011732705
This paper provides an overview of labour market resilience in the wake of the Great Recession of 2008-09 and the role played by macroeconomic and structural policies. The OECD unemployment rate has returned to close to its pre-crisis level, but the unemployment cost of the Great Recession has...
Persistent link: https://www.econbiz.de/10011732702
due to new liquidity requirements. The transition to this situation will be lengthy and will require a mixture of … liquidity draining instruments. Alternatively, they could adopt a floor system, which may benefit financial stability. The use …
Persistent link: https://www.econbiz.de/10011392833
Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process. High consumer price inflation and a wide current account deficit are sources of vulnerability. Even though below-potential growth helps rebalancing and disinflation, these...
Persistent link: https://www.econbiz.de/10010464946
Persistent link: https://www.econbiz.de/10009689046
Persistent link: https://www.econbiz.de/10009689696