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Belgium; Selected Issues
International Monetary Fund (IMF); International … - 2004
Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the...
Persistent link: https://www.econbiz.de/10005768647
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Do Active Labor Market Policies Increase Employment?
Estevão, Marcello M. - International Monetary Fund (IMF) - 2003
by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …
Persistent link: https://www.econbiz.de/10005604960
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Ireland; Selected Issues
International Monetary Fund (IMF); International … - 2004
The Selected Issues paper analyzes how fast Ireland will grow in the future. The approach of this paper is to consider the catch-up in labor utilization productivity and use independent demographic projections and other considerations to make reasonable assumptions about labor productivity and...
Persistent link: https://www.econbiz.de/10005825025
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France; 2005 Article IV Consultation-Staff Report, Staff Supplement, and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2005
This 2005 Article IV Consultation highlights that the cyclical recovery of the French economy was interrupted in the first half of 2005, as previously strong domestic demand faltered and the external sector continued to exert a drag on growth. In 2004, growth was faster and more...
Persistent link: https://www.econbiz.de/10005825062
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New Zealand; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper analyzes the effect of international migration on unemployment in New Zealand. The empirical … results in this paper suggest that net migration inflows give rise to a fall in the unemployment rate. The paper estimates a … system of equations including the unemployment rate, real wage, net migration rate, and labor force participation rate …
Persistent link: https://www.econbiz.de/10005825275
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Republic of Armenia; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2003
The Poverty Reduction Strategy Paper (PRSP) has been developed for eradicating poverty in Armenia. It analyzes the poverty situation of Armenia, and evaluates the methodology and methodological issues. It discusses the PRSP goals, main policy directions, solution to poverty, and the reduction of...
Persistent link: https://www.econbiz.de/10005825381
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Indonesia; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper for Indonesia reports that following the major cleanup of the banking sector after the crisis, banks’ performance has improved as net interest margins and profitability have increased. Public and external debt ratios have declined and international reserves have...
Persistent link: https://www.econbiz.de/10005825413
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Germany; 2005 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germ...
International Monetary Fund (IMF); International … - 2006
This 2005 Article IV Consultation highlights that economic activity in Germany is slowly picking up, and there is scope …
Persistent link: https://www.econbiz.de/10005825476
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Portugal; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but also reflected a more moderate decline in the amount...
Persistent link: https://www.econbiz.de/10005825549
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Reforming Employment Protection Legislation in France
Zhou, Jian-Ping - International Monetary Fund (IMF) - 2006
EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …
Persistent link: https://www.econbiz.de/10005825839