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Fiscal Policy Response to External Crises The Case of Moldova 1998-2010

Author/Editor: Driton Qehaja.

Release Date: March, 2012

Price: $18.00

External shocks pose major challenges to fiscal policy makers through lower output and large fiscal imbalances. This paper analyzes the case of Moldova, which faced parallel crises a decade apart: more...

Germany : Selected Issues

Release Date: December, 2006

Price: $18.00

For more than a decade, growth in Germany has been subdued and uneven. This paper introduces the stylized facts pertaining to the strength in exports, the weakness in domestic demand, and the surge more...

Denmark : Selected Issues

Release Date: October, 2006

Price: $18.00

The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an more...