Download or read book Wage and Pension Pressure on the Polish Budget written by Alain de Crombrugghe and published by World Bank Publications. This book was released on 1997 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Wage and Pension Pressure on the Polish Budget written by Alain de Crombrugghe and published by . This book was released on 2016 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poland's current economic recovery should create jobs, not raise wages. Ensuring equitable opportunities for all requires moderating the income claims of the best - protected groups - reforming the pension system.After Poland's remarkable stabilization and liberalization in 1990, the economy faced three related problems: high wage and pension claims, a rising number of pensioners and unemployed workers, and a budget crisis, especially in 1991 and 1992. De Crombrugghe studies the role that wage and pension pressures played in this crisis. He also explains the persistence of the high tax wedge that later helped overcome the budget crisis.The positive effect on revenues of higher wages and higher tax rates could not compensate for both the inevitable loss in profit taxes and the excessive growth of spending on replacement income.Counterfactuals constructed for revenue and spending show the rising number of social benefit earners (pensions, unemployment) to be responsible for much of the budgetary burden. But they also show that the better protection of social income (over other income) explains part of the burden.Part of the employment loss and social spending can be ascribed to the excessive wage recovery of late 1990 and 1991. Insiders set wages ignoring the unemployed and exploiting the pension system in a context of uncertainty about profits and productivity, at a time when there was strong popular support for the protection of replacement income.De Crombrugghe recommends pension reform and caution about wages: the current economic recovery should create jobs, not raise wages, he says, and ensuring equitable opportunities for all requires moderating the income claims of the best-protected groups.This paper - a joint product of the Office of the Senior Vice President, Development Economics and Chief Economist, and Research Advisory Staff - is part of Fiscal Reform in Poland (RPO 678-96), a study funded by the Bank's Research Support Budget.
Download or read book Wage and Pension Pressure on the Polish Budget written by Alain Leon DeCrombrugghe and published by . This book was released on 1997 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Wage and Pension Pressure Hypothesis and the Polish Budget 1989 1993 written by Alain DeCrombrugghe and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension Reform and the Development of Pension Systems written by Emily S. Andrews and published by World Bank Publications. This book was released on 2006 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."
Download or read book OECD Economic Surveys Poland 1998 written by OECD and published by OECD Publishing. This book was released on 1998-07-16 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1998 edition of OECD's periodic review of Poland's economy examines recent economic developments, policies and prospects. It also includes special features on privatisation and management in public enterprises, pension reform, and implementing the OECD Jobs Strategy.
Download or read book An International Statistical Survey of Government Employment and Wages written by Salvatore Schiavo-Campo and published by World Bank Publications. This book was released on with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2007-01-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness? This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.
Download or read book Unemployment in Transition written by Janice Bell and published by Routledge. This book was released on 2013-09-13 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of open unemployment is an unavoidable consequence of postcommunist transition. Some countries-notably in the former Soviet Union-initially slowed economic contraction. But in the longer run slower reformers have generally sustained deeper and more prolonged recessions than faster reforming central European countries. Moreover, the initially low unemployment rates in the former Soviet Union are now rising, and may stabilise at higher post-transition equilibrium rates than in Central Europe.
Download or read book The Political Economy of Fiscal Reform in Central Eastern Europe written by Frank Bönker and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Frank Bönker has done a masterful job. . . This is probably the best book available on this important subject. and its significance is not limited to studies of postcommunist societies. It has important theoretical implications for everyone interested in the Political Economy of Policy Reform perspective within the field of comparative political economy.' - John L. Campbell, Slavic Review
Download or read book Left Parties And Social Policy In Postcommunist Europe written by Linda J Cook and published by Routledge. This book was released on 2020-04-28 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to explain why, and to evaluate what the return of the left has meant for the social policy of the states they have helped govern. It focuses on the East-Central European countries of Poland, Hungary, and the Czech Republic, significantly Russia.
Download or read book A Quantative Analysis of Swedish Fertility Dynamics written by Zvi Eckstein and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Pensions Outlook 2020 written by OECD and published by OECD Publishing. This book was released on 2020-12-07 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2020 edition of the OECD Pensions Outlook examines a series of policy options to help governments improve the sustainability and resilience of pension systems.
Download or read book The Ghost of Financing Gap written by William Easterly and published by World Bank Publications. This book was released on 1997 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Staying Afloat when the Wind Shifts written by Barry J. Eichengreen and published by . This book was released on 1998 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze banking crises using a panel of macroeconomic and financial data for more than one hundred developing countries from 1975 through 1992. We find that banking crises in emerging markets are strongly associated with adverse external conditions. In particular Northern interest rates are strongly associated with the onset of banking crises in developing countries, even after taking into account a host of internal macroeconomic factors. A one percent increase in Northern interest rates is associated with an increase in the probability of Southern banking crises of around three percent. Our results also seem insensitive to the effects of differing exchange rate regimes, external debt burdens and domestic financial structures.
Download or read book Fiscal Adjustments in Transition Economies written by Barbara Fakin and published by World Bank Publications. This book was released on 1997 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Geography and the Fiscal Effects of Regional Integration written by Rodney D. Ludema and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
