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nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union … levels. This paper reviews Turkey’s policy performance in terms of growth, inflation, debt, fiscal and financial sector …
Persistent link: https://www.econbiz.de/10005767368
of prudent macroeconomic policies. Executive Directors endorsed that Estonia faces an increasingly challenging …
Persistent link: https://www.econbiz.de/10011142206
growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in …
Persistent link: https://www.econbiz.de/10005825062
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
The Belgian economy showed considerable progress through 2011 in terms of both growth and employment. However, the 2013 … unemployment. The economy has entered its second year of near zero growth. To help restore competitiveness and improve financial … market conditions, decisive actions have been taken. Important decisions in 2012 include pension schemes and unemployment …
Persistent link: https://www.econbiz.de/10011242474
This 2011 Article IV Consultation reports that the vulnerability of Belgium’s sovereign debt to market pressures makes credible medium-term fiscal consolidation a priority. The 2012 budget includes sizable consolidation measures, and the government is committed to take additional measures...
Persistent link: https://www.econbiz.de/10011245533
recession are discussed. The low inflation is reached by increasing Riksbank policy rate. The role of fiscal policy council is …
Persistent link: https://www.econbiz.de/10011242838
This paper discusses findings of the fourth review under an Extended Fund Facility Arrangement with Portugal. One year into the program, the authorities are making progress in reducing economic imbalances. The delicate balance between orderly deleveraging and improving competitiveness also...
Persistent link: https://www.econbiz.de/10011245120
that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to …
Persistent link: https://www.econbiz.de/10005605174
ruble) to inflation in Belarus. …
Persistent link: https://www.econbiz.de/10005591560