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Cross-Cutting Themes in Employment Experiences During the Crisis

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 47 pages
File Size : 38,87 MB
Release : 2010-08-10
Category : Business & Economics
ISBN : 1498336639

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The human cost of the recent global crisis is reflected in its impact on the labor market. Explaining why economies with similar downturns had very different employment trends can help design policies to reduce such costs and improve labor markets. This paper analyzes the recent employment experiences of six economies: Germany, Korea, Mexico, New Zealand, Spain, and Sweden. These economies represent a wide range of labor market institutions, policy responses, and outcomes to the crisis. The divergence of labor market outcomes and of the effectiveness of policies during the crisis can be explained by the interaction between the nature of the shocks and differences in the structure and institutions of each country’s economy. The worst job losses compared to the drop in output followed permanent shocks, particularly in dual labor markets and in the presence of wage rigidities. Policies to avoid job cuts were much more effective when they were well-targeted and responded to temporary shocks. In contrast, policies to facilitate labor movements were more appropriate following permanent shocks.

Cross-Cutting Themes in Employment Experiences during the Crisis

Author : Francis Vitek
Publisher : INTERNATIONAL MONETARY FUND
Page : 22 pages
File Size : 23,59 MB
Release : 2010-11-11
Category :
ISBN : 9781462357604

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The human cost of the recent global crisis is reflected in its impact on the labor market. Explaining why economies with similar downturns had very different employment trends can help design policies to reduce such costs and improve labor markets. This paper analyzes the recent employment experiences of six economies: Germany, Korea, Mexico, New Zealand, Spain, and Sweden. These economies represent a wide range of labor market institutions, policy responses, and outcomes to the crisis. The divergence of labor market outcomes and of the effectiveness of policies during the crisis can be explained by the interaction between the nature of the shocks and differences in the structure and institutions of each country’s economy. The worst job losses compared to the drop in output followed permanent shocks, particularly in dual labor markets and in the presence of wage rigidities. Policies to avoid job cuts were much more effective when they were well-targeted and responded to temporary shocks. In contrast, policies to facilitate labor movements were more appropriate following permanent shocks.

The Great Catalyst

Author : Bülent Temel
Publisher : Lexington Books
Page : 435 pages
File Size : 31,95 MB
Release : 2013-12-19
Category : Political Science
ISBN : 0739174495

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For over half a century, European Union has been a promising endeavor of cooperative institutionalism. It has shown that even nation states with a long history of conflict are capable of collaborating with one another to serve their own interests. However, the EU project has also made visible that there is no one-size-fits-all policy in economics that can be applied to all countries with success. Economics starts and ends with the society. Common culture determines the outcomes of economic policies, and ordinary people pick up the bill when policies turn out to be failures. This book presents two different tales of the European Union to provide an empirical challenge to oversimplified assumptions behind the neoliberal orthodoxy in policymaking: Favorable experience of the EU-candidate Turkey, and the regrettable venture of the EU-member Greece. The fact that these two neighboring countries with similar cultures have had vastly different experiences with the European Union suggests that the EU functions as a catalyst of change in the countries that associate with it, but this impact could be negative as well as positive depending on the role the EU plays. Political economist Bülent Temel presents a lucid analysis of the Turkish and Greek encounters with the EU—based on contributions from a diverse range of social sciences; economics, game theory, finance, political science and sociology.

Regional Economic Outlook, May 2011, Europe

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 112 pages
File Size : 31,28 MB
Release : 2011-05-12
Category : Business & Economics
ISBN : 1616350636

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The May 2011 Regional Economic Outlook: Europe anticipates that recovery in the region will solidify, with recoveries in advanced and emerging Europe likely to be mutually reinforcing. Advanced Europe continues to absorb most of emerging Europe's exports, while the role of emerging Europe as a market for advanced Europe will expand. Chapters discuss the outlook and policy priorities for advanced and emerging Europe, and analyze the role of financial integration in the buildup and resolution of imbalances within the euro area.

Implementation Plan in Response to Board-Endorsed Recommendations Arising from the IEO Evaluation of IMF Interactions with Member Countries

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 4 pages
File Size : 31,22 MB
Release : 2010-12-17
Category : Business & Economics
ISBN : 1498336469

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This supplement reports on progress on various issues outlined in the staff’s Implementation Plan since its initial issuance on June 1, 2010. Many of the steps included in the Implementation Plan, particularly proposals in the Mandate papers still under consideration last June, have been taken forward. These initiatives are aimed at better integration of bilateral and multilateral surveillance, sharpening analysis of financial sector issues and macro-financial linkages, and better tailoring of the Fund’s lending toolkit to members’ needs and circumstances. Many further initiatives are included in the latest Work Program, which was discussed by the Board on November 22, 2010.

IMF Research Bulletin, March 2012

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 18 pages
File Size : 30,79 MB
Release : 2012-03-08
Category : Business & Economics
ISBN : 1475598866

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The research summaries in the March 2012 issue of the IMF Research Bulletin are "Foreign Direct Investment and the Crisis: Is This Time Different?" (by Yuko Kinoshita) and "Food Prices and Inflation" (by James P. Walsh). The Q&A covers seven questions on "Unemployment through the Prism of the Great Recession" (by Prakash Loungani). This issue also launches a new feature "Conversations with Visiting Scholars" with an interview with Tom Sargent, winner of the 2011 Nobel Prize in Economic Sciences. Also included in this issue are details on visiting scholars at the IMF, a listing of recently published IMF Working Papers, and information on the next issue of "IMF Economic Review."

The Euro Crisis

Author : P. Arestis
Publisher : Springer
Page : 246 pages
File Size : 35,62 MB
Release : 2012-04-05
Category : Political Science
ISBN : 0230393543

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A detailed and informed analysis of the current crisis facing the eurozone, examining the root causes and exploring the possible outcomes and uncertain future of the European Union and its currency. Chapters include case studies of Portugal, Ireland, Spain and Greece, as well as broader comparative perspectives.

Handbook of BRICS and Emerging Economies

Author : P. B. Anand
Publisher : Oxford University Press, USA
Page : 1180 pages
File Size : 29,43 MB
Release : 2021-01-16
Category : Business & Economics
ISBN : 0198827539

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This handbook presents a comprehensive and multi-faceted analysis of the BRICS countries and other emerging economies, exploring their economic, social, environmental, and governance dimensions and challenges.

IMF Research Bulletin, December 2010

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 12 pages
File Size : 34,11 MB
Release : 2010-12-01
Category : Business & Economics
ISBN : 1463904924

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The Q&A in this issue features seven questions about emerging markets and the financial crisis (by Ayhan Kose); the research summaries are "Tax Revenue Response to the Business Cycle" (by Cemile Sancak, Ricardo Velloso, and Jing Xing) and "Banking Crisis Resolution: Was this Time Different?" (by Luc Laeven and Fabian Valencia). The issue also lists the contents of the second issue of the IMF Economic Review, Volume 58 Number 2; visiting scholars at the IMF during October-December 2010; and recent IMF Working Papers and Staff Position Notes.

The Rise of Chinese American Leaders in U.S. Higher Education: Stories and Roadmaps

Author : Honggang Yang
Publisher : Springer Nature
Page : 432 pages
File Size : 33,8 MB
Release : 2024-01-22
Category : Psychology
ISBN : 3031423798

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This book is a collection of stories and reflections that represent Chinese American leaders and depict their tortuous journeys in U.S. higher education that comes at a critical point in time. Many books have been devoted to academic leadership, but this volume uniquely focuses on subjects most relevant to Chinese Americans. We live at a time that not only witnesses an increase in Chinese American leaders on U.S. campuses but also mounting incidents of discriminatory treatment of this group. This book showcases 36 stories and reflections from past, present, and future leaders, including the five previously published stories. They represent leaders holding different ideological values in various academic fields, positions, stages of careers, professional trajectories, generations, Chinese ethnic groups, and geographical locations. The Rise of Chinese American Leaders in U.S. Higher Education makes a valuable contribution to the body of literature that has assisted countless academic leaders in navigating their careers, bringing to the forefront a distinct group of academic leaders who have been underrepresented.