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Spanish, , 104kb
Chile sigue registrando un desempeño robusto. Una gestión macroeconómica ejemplar continúa proporcionando sólidas finanzas públicas y una baja, aunque recientemente creciente, inflación. El proceso de reforma estructural avanza, e incluye desde mejoras regulatorias hasta un fortalecimiento de la protección social, incluyendo una muy necesaria reforma al sistema de pensiones. El crecimiento está en aumento, lo que contribuye a reducir
English, , 326kb
A vigorous economic expansion has allowed Switzerland to emerge from a decade of weak economic growth. However, some of the factors fuelling the current upswing are likely to prove temporary, as manufacturing has benefited from currency depreciation and financial intermediation from a rebound in global and domestic capital market activity, which could be coming to an end. The recent large inflow of immigrants has the potential to make
Since 2004, the fiscal deficit has been brought down by over 5% of GDP to below the 3% limit in 2006. The government plans a more gradual reduction so that overall balance or surplus is reached no later than 2010. These and other points are discussed in this working paper.
English, , 323kb
Since the mid-1980s successive reforms have progressively moved the Indian economy towards a market-based system. State intervention and control over economic activity has been reduced significantly and the role of private-sector entrepreneurship increased. To varying degrees, liberalisation has touched on most aspects of economic policy including industrial policy, fiscal policy, financial market regulation, and trade and foreign
Spanish, , 313kb
A lo largo de los últimos diez años, México ha logrado avances significativos hacia la estabilidad macroeconómica, habiendo puesto en marcha importantes reformas estructurales para abrir adicionalmente al economía al comercio y mejorar el funcionamiento de los mercados de bienes y servicios, así como para desarrollar al sector financiero. Estos esfuerzos han fructificado en un desempeño relativamente favorable. Luego de un sólido
English, , 301kb
Over the past decade, Mexico has made significant progress towards macroeconomic stability and has launched important structural reforms to further open the economy to trade and investment and improve the functioning of markets for goods and services as well as to develop the financial sector. These efforts have yielded relatively good performance. After a strong 2006, output growth is expected to be close to potential, between 3½ and
This working paper discusses Austria’s innovation performance, its innovation policies, and general framework conditions for innovation and growth.
English, , 319kb
The United Kingdom’s welcoming approach to globalisation has contributed to a strong growth performance. GDP per capita is now the third highest in the G7, compared with the lowest 10 years earlier. GDP growth has been close to its trend rate of around 2¾ per cent for a number of years, suggesting that the amplitude of the economic cycle is smaller now than in previous decades. This strong performance is not only due to the
English, , 304kb
The EU economy is enjoying a strong cyclical rebound. Employment has risen, and the decline in the EU’s sustainable growth rate seems to have halted. Reforms are paying off, especially in the countries that started early. But there is a sizeable gap in GDP per capita compared with the OECD’s best performers, and the gap has widened over the past decade. Moreover, growth and employment performance differs considerably within the EU
Despite France’s previously well deserved reputation as a highly centralised state, a significant number of responsibilities have been devolved to regional and local government over the past two decades. The process has not been easy, as is discussed in this working paper.