Similar Search Results

Health Care Reform in Greece : Progress and Reform Priorities

Kalavrezou, Niki; Jin, Hui - 2022

We review Greek public sector healthcare policies and health-related outcomes since 2010.We find that excess spending was successfully curtailed, elements of the institutional framework were modernized, and health outcomes have been relatively favorable. However, especially prior to Covid-19,...

Persistent link: https://www.econbiz.de/10013306774

Strengthening the WAEMU Regional Fiscal Framework

David, Antonio C.; Nguyen-Duong, Alexandre; Selim, Hoda - 2022

This paper assesses the adequacy and effectiveness of the WAEMU fiscal framework along three pillars that have proven to effectively support fiscal discipline in monetary unions—common fiscal rules (including adequacy of numerical ceilings as well as elements of design and enforcement), shared...

Persistent link: https://www.econbiz.de/10013294998

Explaining the Shadow Economy in Europe : Size, Causes and Policy Options

Kelmanson, Ben - 2020

This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging economies, and recommends policies to increase formality. The size of shadow economies declined across Europe in recent years but remains significant, especially in Eastern...

Persistent link: https://www.econbiz.de/10012843499

Eurosclerosis or Financial Collapse : Why Did Swedish Incomes Fall Behind?

Cerra, Valerie; Saxena, Sweta Chaman - 2021

Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have attributed a decline in its per capita income ranking since 1970 to "eurosclerosis" or sluggish growth caused by distortionary policies. This paper argues rather, that the permanent...

Persistent link: https://www.econbiz.de/10013212321

Macro-Fiscal Management Practices in Eastern and Southern Africa

Battersby, Bryn; Lienert, Ian - 2021

This paper examines the institutional arrangements of the macro-fiscal function in 16 African countries. Most ministries of finance (MoFs) have established a macro-fiscal department or unit, but their functions, size, structure and outputs vary considerably. Based on a survey, we present data on...

Persistent link: https://www.econbiz.de/10013243056

Revisiting the Countercyclicality of Fiscal Policy

Jalles, João Tovar; Kiendrebeogo, Youssouf; Lam, Raphael; … - 2023

This paper provides a novel dataset of time-varying measures on the degree of countercyclicality of fiscal policies for advanced and developing economies between 1980 and 2021. The use of time-varying measures of fiscal stabilization, with special attention to potential endogenity issues,...

Persistent link: https://www.econbiz.de/10014350468

Transmission of Financial Stress in Europe : The Pivotal Role of Italy and Spain, But Not Greece

González Hermosillo, Brenda - 2014

Germany, Greece, Ireland, Italy, Spain and Portugal. The stability ofGermany is a close proxy for the resilience of the euro … to theirrelative importance in the region. Changes in Greece's sovereign CDS had no significant effect on Germany …

Persistent link: https://www.econbiz.de/10013053040

Greece's Investment Gap

Hua, Shiqing; Méndez, María; Xu, Xin - 2022

Greece’s investment rate plunged following the Sovereign Debt Crisis (SDC) and remained one of the lowest in the world … suggest that Greece has been under-investing since the SDC, with private investment notably lagging behind. The estimated …

Persistent link: https://www.econbiz.de/10013295143

Reforming the Greek Pension System

Kangur, Alvar; Kalavrezou, Niki; Kim, Daehaeng - 2022

The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems …

Persistent link: https://www.econbiz.de/10013306775

A Financial Conditions Index for Greece

Manning, Jonathan - 2015

We construct a Financial Conditions Index (FCI) for Greece as a surveillance tool to quantify the degree of the stress … (EA) as a whole and show that although the developments in the EA were qualitatively in line with those in Greece, they … were quantitatively much milder. Our results confirm that monetary transmission was less effective in Greece compared to …

Persistent link: https://www.econbiz.de/10013012447