Nach dem sogenannten PISA-Schock wird insbesondere in Deutschland intensiv diskutiert, wie die Qualität der schulische Ausbildung verbessert werden kann. Dabei herrscht die Überzeugung vor, dass die Qualität der schulischen Ausbildung eine wichtige Determinante des langfristigen...

The paper explores the financial accounts database of Eurostat, a rich set of data that is largely unexploited. It describes the main financial developments at EU level during the 1990-2010 period, both in terms of institutional agents and financial products. The paper provides evidence on the...

Revisions of national accounts affect economic analysis, calling into question theoretical findings based on earlier data. Revisions to German national accounts have resulted in a markedly higher GDP in absolute terms and a lower volatility in macroeconomic production. According to the revised...

This staff report for the Republic of Poland’s 2013 Article IV Consultation highlights economic development and policies. The current account in 2012 was primarily financed by EU transfers and foreign direct investment (FDI), notwithstanding a reduction in net FDI inflows. Moderate...

This paper examines how publicly provided inputs could affect income distribution. By applying the Newman-Read production function- a generalized Cobb-Douglas production function- to Hicks's idea of the determinant of factor share, such usually complex dynamics remain analytically tractable. The...

Ethiopia enjoyed remarkable economic growth from 2004/05 to 2008/09, in large part due to increases in foreign transfers and capital inflows combined with expanded domestic credit to fund major increases in private and public investments in infrastructure and housing. However, this rapid growth...

Depuis 2003, le taux de croissance du PIB a été plus élevé en Argentine qu’au Brésil. L’Argentine renoue avec une industrialisation soutenue alors que Brésil connait une tendance à la désindustrialisation. Le taux d’investissement a augmenté, mais insuffisamment, les pressions sur...