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Portugal has one of the most unequal income distributions in Europe and poverty levels are high. The economic crisis has halted a long-term gradual decline in both inequality and poverty and the number of poor households is rising, with children and youths being particularly affected....
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Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels. To an important extent, the explanation lies in a business environment characterised by high...
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Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains. Reducing the high tax wedge on low salaries and...
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by personal income taxes, employees’ social security contributions and cash transfers, based on household-level micro … a decline in cash transfer redistribution while personal income taxes played a less important and more heterogeneous …
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markets, taxes, infrastructure, skills, innovation, trade policy, rule of law and financial markets. Beyond changing the rules …
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