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Books and Analytical Papers > IMF Staff Country Reports

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  • Type: Journal Issue x
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Cover IMF Staff Country Reports
Republic of Estonia: Selected Issues and Statistical Appendix
International Monetary Fund
This Selected Issues paper of the Republic of Estonia reviews the current account deficits, sustainability, and external solvency in the Baltic countries. The paper describes labor market trends in Estonia after the transition, institutional makeup of the market, and its effects on unemployment. The paper also discusses developments in regional unemployment, effects of regional disparities on average unemployment, and policy recommendations. Finally, the statistical appendix highlights the IMF's projections and estimates for the Republic of Estonia.
Keywords:
ISCR; CR; employment; B. current accounts deficit; labor market situation; unattractive job offer; benchmark current accounts; high-unemployment region; current account sustainability; policies in Estonia; unemployment problem; Current account; Current account deficits; Unemployment; Unemployment rate; Labor markets; Baltics; Eastern Europe; Southern Europe
Cover IMF Staff Country Reports
Mauritius: Selected Issues and Statistical Appendix
International Monetary Fund
The review outlines a simple analytical model to explain the unemployment puzzle, especially the U-curve phenomenon. It analyzes the central institutional imperfections that characterize the existing Mauritian labor market and suggests possible reforms. It also reviews the IMF’s projections and estimates on consolidated monetary survey, summary accounts of the Bank of Mauritius, commercial banks and offshore banks, balance of payments, summary of the tax systems and government finances, sugar cultivation, yields and output, real growth rates of expenditure on gross domestic product, gross domestic product real growth rates by industrial origin and at current prices, 1998–2002, and so on.
Keywords:
ISCR; CR; labor market; unemployment rate; skill premium; capital stock; job creation; production function; collective bargaining; unskilled worker; Wages; Skilled labor; Labor force; Labor market institutions; Unemployment; Europe
Cover IMF Staff Country Reports
Luxembourg: Selected Issues and Statistical Appendix
International Monetary Fund
Luxembourg's impressive growth performance has been accompanied by regional specialization of production, high labor mobility, export-propelled growth, and the dominance of regional growth fluctuations. Luxembourg's public pension system faces the challenges of population aging and Luxembourg's small, open, and highly specialized economy. Luxembourg's labor market performance holds a seeming paradox, favorable labor market outcomes are coupled with rigid labor market institutions. The supervision of cross-border financial activities raises the difficult challenge of obtaining a complete, consolidated view of the operations of international banking institutions.
Keywords:
ISCR; CR; Luxemburg; wage; bank; labor market; aggregate wage moderation; Luxembourg legislation; dependency ratio; growth differential; growth cycle; reservation wage; contributor coverage ratio; Pension spending; Pensions; Labor market institutions; Aging; Employment; Europe; Global
Cover IMF Staff Country Reports
Luxembourg: Staff Report for the 2000 Article IV Consultation
International Monetary Fund
Luxembourg's economic and fiscal performance has remained impressive. A proactive policy approach focused on institutional reforms will bolster the economy and public finances to growth reversals. A shift to a more diversified pension system should be a policy priority. Further income tax reforms are desirable. The management of the public sector's holdings of financial assets should be improved. An exceptionally favorable economic environment has blunted Luxembourg's labor market rigidities but reforms are needed. Maintaining effective banking supervision and governance should remain a priority of public policy.
Keywords:
ISCR; CR; Luxembourg economy; Luxembourg's hallmark; stability program; Belgian Province de Luxembourg; growth performance; IMF staff estimate; social security system; Labor markets; Financial sector; Employment; Pension spending; Labor market institutions; Global; Europe; Eastern Europe; Asia and Pacific