Modern financial markets and institutions have grown massively in relation to the economy in the United States and elsewhere, and there is little evidence that in recent years their contributions to economic and social output justify the resources they capture and the risks they impose on...

Employment creation has dropped off the direct agenda of most central banks. The so-called “global best practice” approach to central banking has not focused on economic growth or employment generation but rather on keeping inflation in the low single digits. However, the policy record shows...

This paper presents an employment targeting (ET) framework as an alternative to an inflation targeting monetary policy framework for South Africa. The framework incorporates some of the advantages normally claimed for a targeting framework - namely, enhancing transparency and accountability -...

Modern financial markets and institutions have grown massively in relation to the economy in the United States and elsewhere, and there is little evidence that in recent years their contributions to economic and social output justify the resources they capture and the risks they impose on...

Till the early-1990s the collectively-bargained labour contract (between the trade-union that presented the employees, and the employer or the employers'- association) was the norm in Israel, granting salaried workers a stable and protected labour contract. Thereafter, and more significantly...

En la presente publicación, se exploran las dimensiones sociales y del mercado de trabajo de la adaptación, a fin de ayudar a los formuladores y planificadores de políticas a elaborar un enfoque holístico centrado en las personas.

Takes an in-depth look at the Spanish labour market and economy and offers a set of policy recommendations on how the Spanish economy can best recover from the recent crisis. Includes also a series of comprehensive statistics and trends related to the labour market in Spain.