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Affordable Rental Housing: Making It Part of Europe's Recovery

Author/Editor: Khalid ElFayoumi, Izabela Karpowicz, Jenny Lee, Marina Marinkov, Aiko Mineshima, Jorge Salas, Andreas Tudyka, Andrea Schaechter.

Release Date:May, 2021

Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this more...



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Fintech in Europe: Promises and Threats

Author/Editor: Chikako Baba, Cristina Batog, Enrique Flores, Borja Gracia, Izabela Karpowicz, Piotr Kopyrski, James Roaf, Anna Shabunina, Rachel Elkan, Xin Cindy Xu.

Release Date:November, 2020

Europe’s high pre-existing level of financial development can partly account for the relatively smaller reach of fintech payment and lending activities compared to some other regions. But fintech more...



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Productivity Growth and Value Chains in Four European Countries

Author/Editor: Izabela Karpowicz, Nujin Suphaphiphat.

Release Date:January, 2020

Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis that is accompanied in recent years by a withdrawal from trade integration more...



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Self-Employment and Support for the Dutch Pension Reform

Author/Editor: Izabela Karpowicz.

Release Date:March, 2019

The Netherlands’ pension system is characterized by high participation rates, adequate retirement income, strong capitalization and sustainability. Pressure points are arising, however, due to more...



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Rightsizing Brazil's Public-Sector Wage Bill

Author/Editor: Izabela Karpowicz, Mauricio Soto.

Release Date:October, 2018

Brazil’s public-sector wage bill is comparatively high. It grows inertially and competes with other spending. Rightsizing the wage bill could stimulate administrative efficiency and bring more more...



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Inequality in Brazil: A Regional Perspective

Author/Editor: Carlos Góes, Izabela Karpowicz.

Release Date:October, 2017

In this study, we document the decline in income inequality and a convergence in consumption patterns in Brazilian states in a new database constructed from micro data from the national households’ more...



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Fiscal Challenges of Population Aging in Brazil

Author/Editor: Alfredo Cuevas, Izabela Karpowicz, Carlos Mulas-Granados, Mauricio Soto.

Release Date:April, 2017

In recent decades, population has been aging fast in Brazil while old age pensions and healthrelated spending have increased. As the population ages, the spending trend threaten to reach more...



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Highways to Heaven : Infrastructure Determinants and Trends in Latin America and the Caribbean

Author/Editor: Valerie Cerra, Alfredo Cuevas, Carlos Góes, Izabela Karpowicz, Troy D Matheson, Issouf Samaké, Svetlana Vtyurina.

Release Date:September, 2016

Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in more...



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A Closer Look at Sectoral Financial Linkages in Brazil I : Corporations’ Financial Statements

Author/Editor: Izabela Karpowicz, Fabian Lipinsky, Jongho Park.

Release Date:March, 2016

Understanding the interplay between firms’ balance sheets and the macro-economic
 environment is important for understanding of the Brazilian economy. A close examination
 of more...



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Financial Inclusion : Zooming in on Latin America

Author/Editor: Era Dabla-Norris, Yixi Deng, Anna Ivanova, Izabela Karpowicz, Filiz Unsal, Eva VanLeemput, Joyce Wong.

Release Date:September, 2015

Countries in Latin America and the Caribbean (LAC) have made important strides in promoting financial inclusion of firms and households. However, while the region is broadly at par with its peers on more...



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