Samoa currently faces two important public policy challenges in the health sector. One is to stem, and then reverse, the rapid rise of non-communicable diseases (NCDs). The second challenge is to put the country on a health-financing path that is effective, efficient, and financially affordable...

This paper reviews the state of public finances in advanced and emerging-market economies as well as recent literature on fiscal multipliers and its implications for policymaking in the current reces¬sion. Sizeable fiscal support packages in the aftermath of the crisis, coupled with a prolonged...

In this paper we assess the implications of policy reforms for the Italian economy by jointly using the Italian Treasury Econometric Model (ITEM) and QUEST III, the endogenous growth dynamic general equilibrium (DGE) model of the European Commission (DG ECFIN) in the version calibrated for...

This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in order to stabilize labor incomes and redistribute resources. It proposes a specific stylized model where the tradeoffs facing labor policies are influenced by structural factors,...

The Republic of Croatia becomes a full member of the European Union on 1 July 2013. That goal was set more than two decades ago. To some extent it was delayed by social and political circumstances and also because of the slow process in adapting to the legal requirements of the European Union....

What are the major determinants of green growth? What role can the government play to promote green growth? To address these questions, this paper develops a simple Green Solow model that sheds light on the role of finance and technology in the process of