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This working paper begins with a discussion of the factors that made the banks, non-financial firms and households vulnerable to deterioration in global financial markets. It then describes the failure of the banks, its direct impact on government debt, the IMF SBA and the economic outlook.
This working paper discusses what policy makers should do in order to restore balance in the Icelandic economy and lay out the foundations for a sustainable recovery.
This document provides a first comparative overview of the presence and outcomes of the children of immigrants in the labour markets of OECD countries, based on a collection of data from 16 OECD countries with large immigrant populations.
How can governments help small and innovative firms continue to grow in the midst of an economic crisis? Entrepreneurs, bankers, policy makers and academics will discuss this and other issues at the conference which is open to media.
To implement an entrepreneurship agenda, national governments needed to partner with local governments, the private sector, and civil society organisations. This seminar aimed to develop a dialogue between national and sub-national stakeholders in the entrepreneurship field.
In the economic literature there is an increasing interest in the process of job creation and destruction as well of hirings and separations. Many studies suggest that ...
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This paper discusses how governments can “seize the moment” of the economic crisis to suggest and implement structural reforms. It examines the particular challenges to reform – and possible solutions to those challenges.
As attention shifts to fiscal consolidation, sustaining output growth will depend increasingly on private domestic demand, requiring reforms, particularly in the labour market and the non-manufacturing sector.
In der Erkenntnis, dass auf internationaler wie nationaler Ebene bereits erhebliche Maßnahmen ergriffen wurden, um den Auswirkungen des Abschwungs entgegenzuwirken, begrüßten die Minister die ersten Anzeichen einer wirtschaftlichen Erholung. Sie betonten jedoch auch, dass sie auch nach Etablierung des Aufschwungs noch länger mit der Bewältigung der Folgen in Form von hoher und dauerhafter Arbeitslosigkeit konfrontiert sein werden. Sie
Speaking at the meeting of the employment and labour ministers, Mr. Gurría affirmed that the current crisis offers an opportunity to discuss the jobs potential of a shift towards a low-carbon economy and what policies are needed to realise the potential of the "green jobs".