legislation could also raise productivity growth for a while in many OECD and non-OECD G20 countries, although the effects are … quickly, labour market reforms in the areas of unemployment benefit systems, activation policies, labour taxes and pension … systems could raise employment rates by several percentage points in a number of OECD countries over a 10-year horizon. Large …

and/or duration of unemployment benefits, cut labour tax wedges and relax employment protection legislation. Past reforms … in these areas might also have contributed to as much as half of GDP per capita growth in OECD countries in the decade …

Indonesia’s growth performance is improving, following a slow recovery from the 1997-98 financial crisis. Investment is … picking up, despite considerable business-climate obstacles to entrepreneurship. Unemployment remains high, and labour … raising the economy’s growth potential are to be found on the supply side of the economy. Indonesia will need to improve the …

to achieve consolidation, it can slow the process of global rebalancing, undermine long-term growth and exacerbate income … particular taxes and cuts in specific spending areas are assessed for their effects on short- and longterm growth, income …

implications for near-term activity and long-term growth as well as for equity and the current account. This paper proposes a … of promoting near-term activity, longterm growth, equity, and global rebalancing. The proposed method is illustrated with …