Chapter 2: Switzerland: Relic of the Past, Model for the Future? / Learn from the Swiss approach to diversity management. / Embrace pragmatic compromises as a way of laying firm foundations for common institutions and policies. / Adopt both a common legal and regulatory infrastructure, and a...

Chapter 1 of the report discusses the immediate macro economic outlook for the global economy, with a particular focus on the European situation.

Chapter 2: The European Imbalance: Try a fiscal devaluation / Cut expenditure rather than raising taxes during fiscal consolidation / Reduce the Greek debt overhang brChapter 3: Labour Market Reforms and Youth Unemployment: Two-tier labour markets should be eliminated / Make dismissal costs for...

This article analyses how trade-related policy choices and financial development affect current account imbalances in OECD countries. Once the policy-related component of trade openness is estimated using exogenous-to-policy indicators of globalization pressures, legal origins and natural...

This paper considers the relationship between financial markets and income distribution from a perspective that emphasizes the role of people’s ability to use financial markets and their instruments in helping reduce income inequality. Using cross-section and panel regression techniques, it...