Search Results - subject:"STRUCTURAL REFORMS"

Structural reforms to enhance the sustainability and intergenerational equity of the National Pension System

Lee, Kank Koo - In: KDI-journal of economic policy 47 (2025) 1, pp. 67-94

This paper examines reform measures for the National Pension System, analyzing their fiscal impacts. Despite past reforms adjusting contribution and replacement rates, the system faces ongoing sustainability challenges. We forecast that the reserve fund, peaking at 1,972.0 trillion KRW in 2039,...

Persistent link: https://www.econbiz.de/10015337690

Four years into NextGenerationEU: What impact on the euro area economy?

Bańkowski, Krzysztof; Benalal, Nicholai; Bouabdallah, … - 2024

contribution of structural reforms to these output effects is expected to increase over time, while the initially prevailing impact … account for the uncertainty that still surrounds the implementation of this programme. The public expenditures and structural … reforms linked to the RRF have the potential to increase the level of euro area gross domestic product (GDP) by around 0 …

Persistent link: https://www.econbiz.de/10015199521

Committing to grow: The full impact of WTO accessions

Brotto, André; Jakubik, Adam; Piermartini, Roberta; … - 2024

This paper studies the impact of the process of accession to the WTO on growth rates in a sample of 150 economies. Unlike GATT-era accessions, WTO accessions involve reforms that extend beyond conventional trade liberalization measures. Using information on the pace of negotiations and requests...

Persistent link: https://www.econbiz.de/10015130124