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nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union …
Persistent link: https://www.econbiz.de/10005767368
This 2005 Article IV Consultation highlights that economic activity in Germany is slowly picking up, and there is scope for some further firming of growth in the course of 2006. The recovery, however, remains unbalanced, and strong exports have yet to feed through into higher household spending....
Persistent link: https://www.econbiz.de/10005825476
Article IV Consultation underlines that the European recession has had a negative impact on its economy, giving rise to … 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
available labor. In the aftermath of the crisis, boosting growth is essential to prevent unemployment from becoming a long … unemployment rates and lower participation rates, on the other hand, cannot easily be attributed to individual preferences. Here …. Differences in labor taxation, unemployment benefit systems, and employment protection will need to be reduced. Improving …
Persistent link: https://www.econbiz.de/10011245859
that ended with the global financial crisis. Unemployment soared, the fiscal position deteriorated sharply, and funding … the last seven quarters, unemployment has reached high levels, and financing conditions remain tight for small firms. The …
Persistent link: https://www.econbiz.de/10011242476
Important issues of the Netherlands are discussed. Openness to trade has benefited the Netherlands before the crisis and has supported the recent recovery process. However, both financial openness and trade linkages have also been a transmission channel for the financial crisis. Synchronized...
Persistent link: https://www.econbiz.de/10011243183
The Netherlands is an AAA euro area (EA) economy with significant private sector imbalances. The main policy challenge is to restore growth and manage downside risks while allowing for an orderly adjustment of private sector balance sheets. A focus on medium-term objectives will cement policy...
Persistent link: https://www.econbiz.de/10011245753
concerns. A bold strengthening of labor market reforms is needed to substantially reduce unacceptably high unemployment …
Persistent link: https://www.econbiz.de/10011244001
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
This Selected Issues paper examines fiscal policy implications for labor market and economic diversification in Botswana. The IMF report analyzes that large public employment significantly affect labor market outcomes in middle-income countries, including Botswana. It is noted that reforms aimed...
Persistent link: https://www.econbiz.de/10011243359