Lessons From Successful Labor Market Reformers In Europe

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Lessons from Successful Labor Market Reformers in Europe

Author : Mr.Anthony Annett
Publisher : International Monetary Fund
ISBN 13 : 145197535X
Total Pages : 25 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Lessons from Successful Labor Market Reformers in Europe by : Mr.Anthony Annett

Download or read book Lessons from Successful Labor Market Reformers in Europe written by Mr.Anthony Annett and published by International Monetary Fund. This book was released on 2007-05-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welfare states can be reformed successfully, and popular support for reforms can be maintained. But this requires an internally consistent package of labor market, fiscal, and product market reforms, including some kind of buy-in, through, for example, tax cuts. Empirical analysis combined with a select number of case studies-comprising Ireland, Denmark, the Netherlands, and the United Kingdom-reveals that successful reformers focused on increasing labor supply through benefit reform, lowering tax wedges, and lowering government consumption. At the same time, greater labor supply translated into employment growth more effectively in the presence of liberal labor and product markets.

Europe Reforms Labour Markets

Author : Aart De Geus
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110365103
Total Pages : 398 pages
Book Rating : 4.1/5 (13 download)

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Book Synopsis Europe Reforms Labour Markets by : Aart De Geus

Download or read book Europe Reforms Labour Markets written by Aart De Geus and published by Walter de Gruyter GmbH & Co KG. This book was released on 2016-03-07 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the perspectives of policy-makers, the book's purpose is to closely examine the factors that make for successful/unsuccessful labor market related policy reforms. The aim is to reveal the political aspects, namely the chances, challenges and impediments to designing labor market reforms and to establish the conditions under which successful labor market reforms can be advocated, adopted and implemented (process). The work includes exclusive interviews with twelve former European prime ministers about the labour market reforms they initiated in their respective countries: Wolfgang Schüssel Anders Fogh Rasmussen Andrus Ansip François Fillon Gerhard Schröder Georgios Papandreou Mario Monti Jan Peter Balkenende Jerzy Buzek Iveta Radicová Luis Rodríguez Zapatero Tony Blair

The Italian Labor Market

Author : Mr.Martin Schindler
Publisher : International Monetary Fund
ISBN 13 : 1451871953
Total Pages : 24 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis The Italian Labor Market by : Mr.Martin Schindler

Download or read book The Italian Labor Market written by Mr.Martin Schindler and published by International Monetary Fund. This book was released on 2009-03-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite improvements in labor market performance over the past decade, owing in part to past reforms, Italy's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional landscape and labor market trends from a cross-country perspective, and discusses possible avenues for further reform. The policy discussion draws on international reform experience and on simulations based on a calibrated labor market matching model. A key lesson is that the details of reform design, and the sequencing of reforms, matter greatly for labor market outcomes and for the fiscal costs associated with these reforms.

Reforming Labor and Product Markets

Author : Tito Boeri
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Reforming Labor and Product Markets by : Tito Boeri

Download or read book Reforming Labor and Product Markets written by Tito Boeri and published by International Monetary Fund. This book was released on 2005-05 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates European structural reforms over the last 20 years, in light of economic theory predictions about interactions between labor and product market reforms. Reforms in labor markets occur at higher frequencies than in product market, which are, however, more coherent. These asymmetries can be explained by the nature of political obstacles to reforms in the two domains. Labor market reforms can exploit institutional trade-offs; notably, reforms can trade labor market flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the set of regulations applied to existing workers. These two-tier strategies are infeasible in product markets, since incumbent firms can easily drive away new entrants. In product markets, however, it is possible to shift responsibilities to supranational authorities, resisting pressures of national lobbies.

Work in Progress

Author : Aart De Geus
Publisher : Walter de Gruyter
ISBN 13 : 9783110365115
Total Pages : 330 pages
Book Rating : 4.3/5 (651 download)

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Book Synopsis Work in Progress by : Aart De Geus

Download or read book Work in Progress written by Aart De Geus and published by Walter de Gruyter. This book was released on 2015-12 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the perspectives of policy-makers, the book's purpose is to closely examine the factors that make for successful/unsuccessful labor market related policy reforms. The aim is to reveal the political aspects, namely the chances, challenges and impediments to designing labor market reforms and to establish the conditions under which successful labor market reforms can be advocated, adopted and implemented (process).

The World Bank Research Observer

Author :
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis The World Bank Research Observer by :

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Spanish Labor Market in a Cross-Country Perspective

Author : Ms.Florence Jaumotte
Publisher : International Monetary Fund
ISBN 13 : 1455211893
Total Pages : 53 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis The Spanish Labor Market in a Cross-Country Perspective by : Ms.Florence Jaumotte

Download or read book The Spanish Labor Market in a Cross-Country Perspective written by Ms.Florence Jaumotte and published by International Monetary Fund. This book was released on 2011-01-01 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Spanish labor market is not working: the unemployment rate is structurally very high; wages are not very responsive to labor market conditions, causing a high cyclicality of unemployment; and the labor market is highly dual. Compared with the EU15, Spanish labor market institutions and policies stand out by the structure of its collective bargaining, which occurs mostly at an intermediate level, and by very high severance payments for permanent workers. Based on a quantitative analysis, the paper shows that moving away from the intermediate level of bargaining would go a long way toward bringing the unemployment rate closer to the EU15 average. The key reform needed to reduce the share of temporary workers is reducing employment protection of permanent workers. Substantially reforming the collective bargaining system and reducing the protection of permanent workers are likely to be highly complementary to secure a substantial reduction in the unemployment rate. The recent 2010 labor market reform attempts to address these issues, although its effects are still to materialize.

Structural Reforms

Author : Jakob de Haan
Publisher : Springer
ISBN 13 : 3319744003
Total Pages : 284 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Structural Reforms by : Jakob de Haan

Download or read book Structural Reforms written by Jakob de Haan and published by Springer. This book was released on 2018-03-22 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a selection of contributions on the timely topic of structural reforms in Western economies, written by experts from central banks, the International Monetary Fund, and leading universities. It includes latest research on the impacts of structural reforms on the market economy, especially on the labor market, and investigates the results of collective bargaining in theory and practice. The book also comprises case studies of structural reforms. A literature survey on the topic serves as a valuable source for further research. The book is written by and targeted at both academics and policy makers.

Fostering Growth in Europe Now

Author : Ms.Bergljot Barkbu
Publisher : International Monetary Fund
ISBN 13 : 1475504640
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Fostering Growth in Europe Now by : Ms.Bergljot Barkbu

Download or read book Fostering Growth in Europe Now written by Ms.Bergljot Barkbu and published by International Monetary Fund. This book was released on 2012-06-18 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

After the Crisis

Author : Francesco Caselli
Publisher : Oxford University Press
ISBN 13 : 0191069841
Total Pages : 224 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis After the Crisis by : Francesco Caselli

Download or read book After the Crisis written by Francesco Caselli and published by Oxford University Press. This book was released on 2016-06-30 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the Crisis reassesses the twin projects of structural reform and European integration in the wake of the Great Recession and the European Sovereign Debt Crisis. The introduction compares the pre-crises debate to the current situation, and highlights a number of ways in which both reform and further integration may have become more difficult. Chapter 1 surveys the state of the structural-reform agenda, its successes, failures, and priorities for further action. The second chapter focuses on the fiscal-policy response to the crisis and advocates a greater balance between supply-side reforms and demand-side management. The third chapter focuses on the asymmetric shocks across economies in the monetary union, and discusses institutional mechanisms to reduce their frequency and impact. Chapter 4 examines the cyclical behavior of output and financial indicators, as well as the counter-cyclical role of macro-financial policies, both at the national and the European level. The fifth chapter studies changes in Europeans' attitudes, showing how the recent crises have eroded public confidence in European institutions. The sixth chapter tackles the demographic challenges facing Europe, and particularly the way that demographic change may impact the reform agenda. Chapter 7 highlights the under-appreciated extent to which 'Europe', taken as a whole, is characterized by a substantial amount of inequality and geographical income clustering, and the challenge this poses for further integration.

Italy

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 145182002X
Total Pages : 93 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Italy by : International Monetary Fund

Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-02-06 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Italy’s 2008 Article IV Consultation describes the country's economic developments and policies. Output has been projected to contract by about 1⁄2 percent in 2008 and 1 percent in 2009, with risks tilted to the downside, linked to a further slowing of global growth and falling consumer confidence. The economy’s ability to rebound quickly is hampered by rigidities in the product and labor markets, a lack of domestic competition, a likely slower pace of industrial restructuring, and weakness of the public finances.

South Africa

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484378679
Total Pages : 99 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis South Africa by : International Monetary Fund. African Dept.

Download or read book South Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-10-01 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2013 Article IV Consultation highlights that South Africa’s economy has underperformed other emerging markets and commodity exporters, exacerbating South Africa’s already-high levels of unemployment (25 percent) and inequality, and contributing to rising social tensions. At the same time, weak trading partner growth, coupled with declining competitiveness and countercyclical fiscal policy, have led to rising fiscal and current account deficits and made South Africa vulnerable to a prolonged reversal of capital inflows. The outlook is for continued sluggish growth and elevated current account deficits. Growth is projected at 2 percent in 2013 as weak consumption growth and lackluster private investment offset robust public investment and higher export growth.

World Economic Outlook, April 2007

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 158906626X
Total Pages : 323 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis World Economic Outlook, April 2007 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, April 2007 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2006-09-19 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF’s World Economic Outlook is packed with country specific facts, figures, and worldwide projections that present the outlook for growth, inflation, trade, and other economic developments in a clear, practical format. Leading international economists pull together the latest data on key topics, producing informed projections and policy analyses that show where the global economy is headed in the years to come. Business executives, policymakers, bankers, investors, marketing strategists, and economists worldwide refer to the WEO with confidence because it delivers a balanced view of the current economic situation, built upon the respected and extensive macroeconomic expertise and statistical resources of the IMF. The WEO is the product of a unique international exercise in information gathering and analysis performed by over 1,000 economists on the IMF staff. An annual subscription to the World Economic Outlook, published at least twice a year in English, French, Spanish, and Arabic, offers a comprehensive assessment of the international economic situation as well as prospects for the future. With its analyses backed by the expertise and unparalleled resources of the IMF, the World Economic Outlook is the authoritative reference in its field. Today, when even small economic fluctuations can trigger major financial swings, the WEO supplies a solid source of actionable information and data.

Portugal

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475589492
Total Pages : 103 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Portugal by : International Monetary Fund. European Dept.

Download or read book Portugal written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-01-18 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: Portugal’s economy is in deep recession, and the crisis has opened up a large output gap, with severe consequences for employment and government revenue. While the focus is on the medium- and long-term, this analysis also offers insights on how deep the output gap is. It also highlights ways in which policies and reforms can promote growth over the longer haul and suggests that achieving a 2-percent growth rate over the long term—consistent with moderate convergence growth—is a realistic objective.

Continuity, Change and Crisis in Contemporary Ireland

Author : Brian Girvin
Publisher : Routledge
ISBN 13 : 1317966139
Total Pages : 211 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Continuity, Change and Crisis in Contemporary Ireland by : Brian Girvin

Download or read book Continuity, Change and Crisis in Contemporary Ireland written by Brian Girvin and published by Routledge. This book was released on 2013-10-18 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of this book is to analyse from a number of perspectives the politics of change in Ireland north and south since 1969. The emergence of the troubles in Northern Ireland, the final push to gain entry to the EEC, changing social mores and severe economic difficulties all begin to appear on the horizon at this stage. While considerable change and, indeed, moments of extreme crisis, have taken place in areas such as Northern Ireland, the economy, moral politics, and Ireland’s attitude towards the European Union, continuity has also been a significant hallmark of Irish politics since 1969. This volume offers important perspectives and opens up new debates in explaining the phenomena of continuity, change and crisis in contemporary Ireland. New evidence on the origins of the troubles in Northern Ireland, the Arms Crisis, Ireland’s relationship with Europe, the process of social partnership, and the politics of morality all offer important fresh insights into how contemporary Ireland has functioned. Featuring a number of high profile scholars and uniquely dealing with both Northern Ireland and the Republic of Ireland, this volume argues that the intriguing feature of recent Irish history is not the absence of change but the extent to which change has been mediated by the existing political cultures, national traditions and long-standing institutions of both north and south. This book was based on a special issue of Irish Political Studies.

Five Years After

Author : Mr.Martin Cihak
Publisher : International Monetary Fund
ISBN 13 : 1451872151
Total Pages : 69 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Five Years After by : Mr.Martin Cihak

Download or read book Five Years After written by Mr.Martin Cihak and published by International Monetary Fund. This book was released on 2009-03-01 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proximity of the European Union, the prospect of membership, and actual entry by the New Member States (NMS) increased economic and financial integration in the region, leading to fast economic growth based on sizeable capital inflows. EU membership helped in developing sound macroeconomic and financial stability frameworks in the NMS. However, these frameworks remain work in progress and as such could not safeguard against private sector exuberance or risky policies, especially in the face of an unprecedented global financial crisis. Hence, more prudent policies and further strengthening of policy frameworks, especially with respect to financial stability, seem warranted.

Spain

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498393934
Total Pages : 73 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Spain by : International Monetary Fund. European Dept.

Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-07-10 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes Spain’s sustainable growth rate. It sheds some light on Spain’s medium-term growth prospects by looking into the key factors driving potential growth, both in the past and likely in the future, and international experience of countries in the aftermath of financial crisis. The paper suggests Spain is likely to face a long period of moderate growth (about 11⁄2–2 percent) and high unemployment, but policy action—especially that directed toward reducing structural unemployment and raising productivity—could lead to much better outcomes.