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Chapter 2. Country and Regional Perspectives

Chapter 2. Country and Regional Perspectives »

Source: World Economic Outlook, April 2010 : Rebalancing Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2010

ISBN: 9781589069152

Keywords: unemployment, employment, unemployment rate, current account, current account surplus

As the global economy comes out of its deepest downturn since World War II, the prospects for growth vary substantially across and within regions (Figure 2.1). In some economies average growth d...

Chapter 3. Unemployment Dynamics during Recessions and Recoveries: Okun’s Law and Beyond

Chapter 3. Unemployment Dynamics during Recessions and Recoveries: Okun’s Law and Beyond »

Source: World Economic Outlook, April 2010 : Rebalancing Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2010

ISBN: 9781589069152

Keywords: unemployment, employment, unemployment rate, current account, current account surplus

The global economy is recovering from its deepest downturn since World War II, but the speed of recovery differs greatly across regions. For many advanced economies—where the financial crisis was centered—re...

Chapter 4. Getting the Balance Right: Transitioning out of Sustained Current Account Surpluses

Chapter 4. Getting the Balance Right: Transitioning out of Sustained Current Account Surpluses »

Source: World Economic Outlook, April 2010 : Rebalancing Growth

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 April 2010

ISBN: 9781589069152

Keywords: unemployment, employment, unemployment rate, current account, current account surplus

Global imbalances narrowed during the crisis, but a strong and balanced recovery requires that this narrowing be made more durable. Before the crisis, a number of economies experienced large and persistent c...

Chapter 1. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia

Chapter 1. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Structural transformation has become a widely used macroeconomic measure of the quality of the economic development process. 1 It is widely accepted that in order for it to happen...

Chapter 2. Transformation and Productivity: Comparison with Asia

Chapter 2. Transformation and Productivity: Comparison with Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Productivity Transformation The employment and output data were combined to make assessments of the speed of structural adjustment in sub-Saharan Africa compared with Asian countries...

The Output Decline in Asian Crisis Countries

The Output Decline in Asian Crisis Countries »

Source: The Output Decline in Asian Crisis Countries : Investment Aspects

Volume/Issue: 2002/25

Series: IMF Working Papers

Author(s): Joshua Greene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451844276

Keywords: output decline, asian crisis, balance sheet, private capital, private capital flows, private investment, capital flows, capital inflows, Macroeconomics: Production, Macroeconomics: Consumption

This paper examines whether capital outflows may have contributed to output declines during the Asian Crisis by reducing the financing available for domestic investment. Panel data regressions suggest a positive, s...

Who is Still Haunted by the Specter of Communism? Explaining Relative Output Contractions Under Transition

Who is Still Haunted by the Specter of Communism? Explaining Relative Output Contractions Under Transition »

Source: Who is Still Haunted by the Specter of Communism? Explaining Relative Output Contractions Under Transition

Volume/Issue: 2005/68

Series: IMF Working Papers

Author(s): Katrin Elborgh-Woytek , and Julian Berengaut

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2005

ISBN: 9781451860870

Keywords: Commonwealth of Independent States, CIS, transition economies, instrumental variable, transition countries, statistic, Comparative Studies of Countries, Socialist Systems and Transitional Economies: General, Macroeconomics: Consumption, Saving

The paper analyzes the initial output decline in transition economies by estimating a crosssection model stressing two major factors-conflicts and the legacies of the Soviet period. We link the Soviet legacies in p...

Crises, Labor Market Policy, and Unemployment*

Crises, Labor Market Policy, and Unemployment* »

Source: Crises, Labor Market Policy, and Unemployment

Volume/Issue: 2012/65

Series: IMF Working Papers

Author(s): Davide Furceri , Lorenzo E. Bernal-Verdugo , and Dominique Guillaume

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781463938420

Keywords: Labor market, flexibility, reforms, labor market institutions, labor market flexibility, labor market policies, Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other

Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium...

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and  Central Asia

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia »

Source: Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia

Volume/Issue: 2012/104

Series: IMF Working Papers

Author(s): Yasser Abdih , Ralph Chami , Christian Ebeke , and Adolfo Barajas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

ISBN: 9781475502947

Keywords: Instrumental variables, Panel data, remittance, tax revenue, fiscal impact, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for r...

Unemployment and Productivity in the Long Run

Unemployment and Productivity in the Long Run »

Source: Unemployment and Productivity in the Long Run : the Role of Macroeconomic Volatility

Volume/Issue: 2010/259

Series: IMF Working Papers

Author(s): Paolo Surico , Luca Ricci , and Pierpaolo Benigno

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455209590

Keywords: macroeconomic volatility, downward wage rigidities, unemployment rate, employment, unemployment rates, rate of unemployment, Macroeconomics and Monetary Economics: General, Macroeconomics: Consumption, Saving, Production

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run produc...