Author : OECD
Publisher : OECD Publishing
Page : 80 pages
File Size : 11,88 MB
Release : 2014-06-18
Category :
ISBN : 9264213589
This report provides an initial evaluation of the comprehensive reform of the Spanish labour market undertaken in 2012.
Author : European Commission. Directorate-General for Economic and Financial Affairs
Publisher :
Page : 36 pages
File Size : 23,25 MB
Release : 2012
Category : Balance of payments
ISBN :
On 14 February 2012, the European Commission presented its first Alert Mechanism Report (AMR), prepared in accordance with Article 3 of Regulation (EU) No 1176/2011 on the prevention and correction of macroeconomic imbalances. The AMR serves as an initial screening device, helping to identify Member States that warrant further in-depth analysis to determine whether imbalances exist or risk emerging. According to Article 5 of Regulation No. 1176/2011, these country-specific ?in-depth reviews? should examine the nature, origin and severity of macroeconomic developments in the Member State concerned which constitute, or could lead to, imbalances. On the basis of this analysis, the Commission will establish whether it considers that an imbalance exists and what type of policy follow-up it will recommend to the Council. For Slovenia, the AMR noted that two indicators in the scoreboard exceeded their thresholds in 2010 and suggested the need to assess the development and drivers of potential imbalances. The AMR explained that in the years before the crisis, Slovenia enjoyed strong growth and domestic demand conditions, coupled with some losses in price competitiveness and a gradual widening of the current account deficit. It identified signs that overheating occurred, particularly as regards private sector credit growth, construction value added and property prices. The Slovenian economy was hit hard by the global crisis and the AMR noted that this has brought some, perhaps temporary, adjustment in the external balance but this is still at an early stage. Against this background, Section 2 examines the external and internal dimensions of imbalances including developments in competitiveness, private sector indebtedness and in asset markets. This is followed by a closer look at the implications of indebtedness of non-financial corporations for the banking sector in Section 3. Section 4 presents possible policy considerations.
Author : Ms.Valerie Cerra
Publisher : International Monetary Fund
Page : 50 pages
File Size : 33,64 MB
Release : 2020-05-29
Category : Business & Economics
ISBN : 1513536990
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Author : Diego Muro
Publisher :
Page : 765 pages
File Size : 16,69 MB
Release : 2020
Category : Political Science
ISBN : 0198826931
"Oxford Handbooks offer authoritative and up-to-date surveys of original research in a particular subject area. Specially commissioned essays from leading figures in the discipline give critical examinations of the progress and direction of debates, as well as a foundation for future research. Oxford Handbooks provide scholars and graduate students with compelling new perspectives upon a wide range of subjects in the humanities, social sciences, and sciences"--
Author : Sandrine Cazes
Publisher : International Labor Office
Page : 308 pages
File Size : 36,80 MB
Release : 2013
Category : Business & Economics
ISBN :
In developing countries, labour markets play a central role in determining economic and social progress since employment status is one of the key determinants of exiting poverty and promoting inclusion. Yet the reality in most developing countries is that the labour market fails to create the jobs in the formal economy that would help individuals and their families prosper. In recognition of these challenges, governments and other stakeholders in developing countries have increasingly prioritised policies and programmes to promote decent work. However, this requires navigating a range of complex issues and debates surrounding the linkages between development processes and labour market outcomes. This volume consists of three main thematic parts. Part I provides a broad overview of key issues, including characterising the employment challenge in developing countries and the link between economic growth, distribution, poverty and employment. Drawing on the literature and country examples, Part II analyses the specific topics of wages, migration and education. The final section shifts to a more normative focus, addressing labour market institutions and policies, along with systematic approaches to quantifying labour markets in developing countries. Perspectives on Labour Economics for Development is an invaluable reference for policy-makers in middle- and low-income countries as well as an ideal handbook for teachers and students of economics and development.
Author : Jean-Michel Lafleur
Publisher : Springer
Page : 236 pages
File Size : 49,92 MB
Release : 2016-12-08
Category : Social Science
ISBN : 331939763X
This open access book looks at the migration of Southern European EU citizens (from Portugal, Spain, Italy, Greece) who move to Northern European Member States (Belgium, France, Germany, United Kingdom) in response to the global economic crisis. Its objective is twofold. First, it identifies the scale and nature of this new Southern European emigration and examines these migrants’ socio-economic integration in Northern European destination countries. This is achieved through an analysis of the most recent data on flows and profiles of this new labour force using sending-country and receiving-country databases. Second, it looks at the politics and policies of immigration, both from the perspective of the sending- and receiving-countries. Analysing the policies and debates about these new flows in the home and host countries’ this book shows how contentious the issue of intra-EU mobility has recently become in the context of the crisis when the right for EU citizens to move within the EU had previously not been questioned for decades. Overall, the strength of this edited volume is that it compiles in a systematic way quantitative and qualitative analysis of these renewed Southern European migration flows and draws the lessons from this changing climate on EU migration.
Author : Paolo Manasse
Publisher : Routledge
Page : 311 pages
File Size : 49,15 MB
Release : 2017-12-12
Category : Business & Economics
ISBN : 1351987348
In recent years the countries of southern Europe have undergone, with varying intensity, a serious and prolonged economic crisis. Most have had to implement comprehensive economic adjustment programmes, including a wide range of structural reforms. Economic Crisis and Structural Reforms in Southern Europe examines these reforms, drawing policy lessons from their successes and failures. This book employs two basic strands of analysis: issues of policy design, and political economy considerations. It considers the choice of timing and sequencing of reforms, the choice of the appropriate policy instruments, the pressure of interest groups and the political calculations involved in reforms. Featuring chapters in which contributors explore both national cases of specific structural reforms, and a comparative approach in order to evaluate similar reforms across countries, this important and topical work explores ongoing issues within the economy. Focusing on the challenges of designing and implementing structural reforms under conditions of crisis, this book will be of interest to policy makers and researchers from national and international organizations as well as academics and members of research institutes interested in the economics and politics of the Eurozone crisis.
Author : International Labor International Labor Office
Publisher :
Page : 0 pages
File Size : 25,23 MB
Release : 2010
Category : Business & Economics
ISBN : 9789290149484
Economic recovery from the worldwide financial crisis remains weak and uneven, resulting in persistently high unemployment in some countries and growing job precariousness almost everywhere. This report shows that a sustainable, job-rich recovery is possible--provided that the factors that led to the crisis are tackled. The report provides answers to these key questions: - When will employment recover strongly enough to mitigate the effects of the crisis? - Is there a significant risk that the poor employment prospects will lead to social unrest and erode confidence in policymakers' ability to provide fair solutions to the crisis? - Do governments have adequate maneuvering room to support employment recovery while reducing budget deficits? - How can well-designed employment and wage policies support more balanced growth in countries with large trade surpluses, paving the way for a sustainable global recovery? - In what ways can the financial sector be reformed to serve the needs of the real economy?
Author : Irmgard Borghouts-van de Pas
Publisher : Wolf Legal Publishers
Page : 0 pages
File Size : 31,35 MB
Release : 2012
Category : Employees
ISBN : 9789058508201
Companies change their organization in response to crises, globalization, and increasing competition. Restructuring processes take place and part of the workforce is forced to find other employment. This book explores and explains employment security systems with a specific focus on job-to-job transitions for redundant employees in four European countries: Sweden, the United Kingdom, Austria, and Spain. In addition, it addresses possible lessons the Netherlands can learn from these foreign job-to-job arrangements. This multidisciplinary book will be of special interest to members of the European Commission, policymakers, and academics, as well as to students in the fields of labor market, social security, industrial relations, labor law, labor economics, and sociology.
Author : OECD
Publisher : OECD Publishing
Page : 230 pages
File Size : 14,53 MB
Release : 2012-06-27
Category :
ISBN : 9789264169395
This edition looks at pension reform during the crisis and beyond, the design of automatic adjustment mechanisms, reversals of systemic pension reforms in Central and Eastern Europe, coverage of private pension systems and guarantees indefined contribution pension systems.
