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Author: Mr.Bas B. Bakker Publisher: International Monetary Fund ISBN: 1484387295 Category : Business & Economics Languages : en Pages : 33
Book Description
This paper argues that the large differences among EU countries in post-crisis employment performance are to a large extent driven by the need to adjust corporate balance sheets, which had greatly deteriorated during the boom years in some countries but not in others. To close the large gaps between saving and investment, firms reduced investment and cut costs to boost profits. With much of the cost adjustment falling on firms’ wage bills, employment losses were largest in countries under the most intense pressures to improve corporate profitability and with limited wage flexibility due to labor market duality.
Author: Mr.Bas B. Bakker Publisher: International Monetary Fund ISBN: 1484387295 Category : Business & Economics Languages : en Pages : 33
Book Description
This paper argues that the large differences among EU countries in post-crisis employment performance are to a large extent driven by the need to adjust corporate balance sheets, which had greatly deteriorated during the boom years in some countries but not in others. To close the large gaps between saving and investment, firms reduced investment and cut costs to boost profits. With much of the cost adjustment falling on firms’ wage bills, employment losses were largest in countries under the most intense pressures to improve corporate profitability and with limited wage flexibility due to labor market duality.
Author: Mr.Bas B. Bakker Publisher: International Monetary Fund ISBN: 1484311639 Category : Business & Economics Languages : en Pages : 33
Book Description
This paper argues that the large differences among EU countries in post-crisis employment performance are to a large extent driven by the need to adjust corporate balance sheets, which had greatly deteriorated during the boom years in some countries but not in others. To close the large gaps between saving and investment, firms reduced investment and cut costs to boost profits. With much of the cost adjustment falling on firms’ wage bills, employment losses were largest in countries under the most intense pressures to improve corporate profitability and with limited wage flexibility due to labor market duality.
Author: Artur Usanov Publisher: The Hague Centre for Strategic Studies ISBN: 949104091X Category : Languages : en Pages : 65
Book Description
In recent years, rapid technological progress has led to a wholesale destruction of middle-level jobs and a substantial rise in income inequality. It could also bring an era of high structural unemployment. These impacts constitute a major challenge that cannot be ignored by policymakers. They affect the fundamentals of our labor market – and might severely shake the social structure and stability of our society. This new report examines the impacts of technology on the European labor market. The report documents that technological innovation brings not only immense benefits but also significant dislocations in the labor market by making many jobs redundant. HCSS calls upon policymakers to take the risks of job polarization, increased inequality and potentially high technological unemployment quite seriously and suggests some policy measures that could mitigate these risks.The study was conducted in the context of the TNO Strategy & Change program. To download the report, please click on the button on the right.
Author: Mr.Martin Schindler Publisher: International Monetary Fund ISBN: 1475513860 Category : Business & Economics Languages : en Pages : 284
Book Description
Five years after the onset of the global financial crisis, Europe’s economy is still fragile. Notwithstanding recent positive signs amid calmer financial markets, medium-term growth is likely to remain frail owing to continuing weaknesses and vulnerabilities at the country level and in the fabric of European institutions and banks, especially in the euro area. In addition, unemployment in many countries has reached very high levels. The IMF research collected in this volume provides a number of guideposts that offer an opportunity for stronger and better-balanced growth and employment in Europe after what has been a long and dismal period of crisis.
Author: Mr.Martin Schindler Publisher: International Monetary Fund ISBN: 1484373308 Category : Business & Economics Languages : en Pages : 88
Book Description
Five years after the onset of the global financial crisis, Europe’s economy is still fragile. Notwithstanding recent positive signs amid calmer financial markets, medium-term growth is likely to remain frail owing to continuing weaknesses and vulnerabilities at the country level and in the fabric of European institutions and banks, especially in the euro area. In addition, unemployment in many countries has reached very high levels. The IMF research collected in this volume provides a number of guideposts that offer an opportunity for stronger and better-balanced growth and employment in Europe after what has been a long and dismal period of crisis.
Author: G. Bosch Publisher: Springer ISBN: 0230237002 Category : Business & Economics Languages : en Pages : 300
Book Description
A new contribution to the debate on the evolution of European employment and social models. These models need to adjust to meet new challenges, including globalization, ageing societies, and new governance approaches at national, EU and international level. This book explores these issues through the experiences of nine EU countries.
Author: Mr.Pietro Garibaldi Publisher: International Monetary Fund ISBN: 145185319X Category : Business & Economics Languages : en Pages : 42
Book Description
This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and flexible employment protection legislation is associated with high job creation and can account for most of the observed differences. The Netherlands’ success is largely accounted for by the creation of part-time jobs for women aged 25-49 in the services sector, but in most EU countries the substitution of part-time jobs for full-time jobs is considerable.
Author: Gustav A. Horn Publisher: Springer Science & Business Media ISBN: 3642470378 Category : Business & Economics Languages : en Pages : 154
Book Description
With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To achieve a convergence of economic developments wage finding has to follow in all EMU member countries basically the same rules. An empirical investigation using econometric methods show that this is presently not yet the case. In particular in the southern European countries wage finding is different from that in the rest of the EMU. Frequently the introduction of Euro is perceived as a signal to lower wages all over Europe to overcome the dismal employment situation. The book addresses the question whether such a race for lower wages is appropriate in terms of employment creation.
Author: Janice Bell Publisher: Routledge ISBN: 1134436262 Category : Business & Economics Languages : en Pages : 238
Book Description
The emergence of open unemployment is an unavoidable consequence of postcommunist transition. Some countries-notably in the former Soviet Union-initially slowed economic contraction. But in the longer run slower reformers have generally sustained deeper and more prolonged recessions than faster reforming central European countries. Moreover, the initially low unemployment rates in the former Soviet Union are now rising, and may stabilise at higher post-transition equilibrium rates than in Central Europe.
Author: Peter Auer Publisher: International Labour Organization ISBN: 9789221108412 Category : Business & Economics Languages : en Pages : 156
Book Description
This innovative study reviews the remarkable economic and labor market recovery made by four small European countries: Austria, Denmark, Ireland, and the Netherlands. It analyzes their success and highlights the specific factors responsible, in particular the promotion of social dialogue and the institution of critical macroeconomic and labor market policies. While assessing the progress and examining the remaining problems in these four countries, the book compares their progress with that of other European Union countries and examines how similar policies and action could help combat unemployment and make progress towards full employment. The study presents a detailed comparative analysis of the labor markets of the four countries. It analyzes employment and unemployment developments in detail, covering gender gaps, the sectoral distribution of employment, and the shares of people which are dependent on social transfers. It shows the employment intensity of economic growth and gives readers a substantial, broad overview of the economic and labor market situation in each country. Finally, the book makes relevant policy recommendations for promoting further growth and social progress in these countries, as well as others across Europe.
Author: Mr.Bas B. Bakker
Author: Mr.Bas B. Bakker
Author: Mr.Bas B. Bakker
Author: Artur Usanov 
Author: Mr.Martin Schindler
Author: Mr.Martin Schindler
Author: G. Bosch
Author: Mr.Pietro Garibaldi
Author: Gustav A. Horn
Author: Janice Bell
Author: Peter Auer