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This Selected Issues paper and Statistical Appendix for the Kingdom of Swaziland assesses the interaction of nonbank financial institutions (NBFIs) within the financial system and the real economy. Understanding the type of flows will help in designing policies to better manage capital flows and...
Persistent link: https://www.econbiz.de/10011244722
This Netherlands’s 2005 Article IV Consultation reports that raising participation and productivity are important for boosting the economy potential and reducing pressures on the public finances in the face of population aging. The authorities have implemented or are in the process of...
Persistent link: https://www.econbiz.de/10005591174
The economic restructuring and expansion after the crisis reflected a combination of private sector initiative, solid macroeconomic management, including the shift from large deficits to significant surpluses of the general government, and structural reforms. High unemployment is one indication...
Persistent link: https://www.econbiz.de/10005591218
The Selected Issues paper of the Netherlands provides an overview of the Dutch pension system. It examines the strengths and weaknesses of the existing bargaining model, compares the Dutch wage bargaining in different periods, examines the past macroeconomic performance of the Netherlands,...
Persistent link: https://www.econbiz.de/10005591315
This paper reviews economic developments in Slovenia during 1990–96. Slovenia experienced its first positive real GDP growth in 1993. Real GDP grew by 1.3 percent. This modest recovery began under the impetus of buoyant domestic demand, which grew by 8¼ percent; real foreign demand...
Persistent link: https://www.econbiz.de/10005591365
The Selected Issues paper on Finland underlies public finances and structural reform. The structural reforms …
Persistent link: https://www.econbiz.de/10005591384
This Selected Issues paper on Chile assesses the long-term outlook of Chile’s private pension system. The paper provides an overview of Chile’s recent experience with public–private partnerships (PPPs), focusing on the design of its institutional framework. The paper...
Persistent link: https://www.econbiz.de/10005591527
government's economic policy priorities and recent achievements have been commendable. Tax reform will help improve the economy …'s long-term growth potential. Successful reform of inter-governmental fiscal relations is key to achieving the medium …-term fiscal objectives. The recent pension reform will ensure long-term sustainability of the pension system. The creation of the …
Persistent link: https://www.econbiz.de/10005591548
Following several years of expansion, the Dutch economy is in its third year of weak growth. Executive Directors commended the authorities on prudent economic policy, and advised for fiscal consolidation in view of population aging. They welcomed the multiyear fiscal framework, and underscored...
Persistent link: https://www.econbiz.de/10005591566
This 2004 Article IV Consultation highlights that the Luxembourg authorities are adjusting policies to the growth slowdown, although major new initiatives are on hold in the run-up to the June 2004 general election. Tax cuts, high expenditure, and weak activity are estimated to have caused a...
Persistent link: https://www.econbiz.de/10005591738