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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
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
The Spanish economy suffered an unprecedented double-dip recession with the rising unemployment and public debt …
Persistent link: https://www.econbiz.de/10011245670
employment growth. The unemployment rate has dipped below the euro area average, and hovers near estimates of the structural … unemployment rate. …
Persistent link: https://www.econbiz.de/10011243836
This 2005 Article IV Consultation highlights that Finland’s economic performance in recent years continued to be favorable. Growth has outpaced that in the euro area and is expected to pick up to more than 3 percent in 2006. The external current account has remained comfortably in...
Persistent link: https://www.econbiz.de/10005824947