OECD tax burdens on wages rising without tax rate increases, OECD Publications, Απρίλιος 2015. Taxes on wages have risen by about 1 percentage point for the average worker in OECD countries between 2010 and 2014 even though the majority of governments did not increase statutory income tax rates, according to a new OECD report. Taxing Wages 2015 says the tax burden has increased in 23 OECD countries and fallen …Read More
European Commission, Quarterly Report on the Euro Area, Vol. 14, No. 1(2015), DG for Economic and Financial Affairs, Vol. 14, No. 1, Απρίλιος 2015. Marco Buti: Editorial According to the European Commission’s latest winter forecast published in February, the economies of all euro area Member States are expected to grow again for the first time since 2007. The aggregate real GDP growth rate of the euro area was revised …Read More
European Trade Union Institute (ETUI) Benchmarking Working Europe 2015, ETUI aisbl: Βρυξέλλες, Μάρτιος 2015. Published every year, the report analyses the state of working Europe explaining with the aid of statistics and graphs the main trends in terms of Europe’s macro-economic situation, its labour market development, the situation of wages and collective bargaining, and worker participation. The focus of this year’s Benchmarking report is on the lessons learned – …Read More
IMF Country Report No. 15/72: ICELAND – STAFF REPORT FOR THE 2014 ARTICLE IV CONSULTATION AND FIFTH POST-PROGRAM MONITORING DISCUSSIONS, 16 Μαρτίου 2015. KEY ISSUES Iceland has reached a relatively strong macroeconomic position with good growth prospects. But crisis legacies are still being unwound, including high debt and a large balance of payments (BOP) overhang contained by capital controls. Amidst public pressure for a return to normalcy, policies remain …Read More
European Commission (2015) European Economic Forecast: Winter 2015, European Economy 1|2015, DG for Economic & Financial Affairs, Φεβρουάριος. GDP growth in the EU remains sluggish. Sputtering investment has so far prevented a broader and more robust acceleration of domestic demand. Amid challenging global conditions, the fall in crude oil prices should provide a welcome boost to growth. Several important shifts are under way in the global economy. Falling oil …Read More
ECB (2015) Update on Economic and Monetary Developments, Economic Bulletin Issue 1/2015, European Central Bank, Φεβρουάριος. Summary The recent decline in oil prices is supporting the global economic recovery. Nevertheless, the recovery remains gradual and economic developments vary across regions. Growth in the United States remains robust, momentum is slowing in China, and activity in Japan has not regained traction. Economic conditions in Russia have deteriorated further, but spillovers …Read More
World Economic Outlook Update, International Monetary Fund, Ιανουάριος 2015. Cross Currents Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment to diminished expectations about medium-term growth continues in many advanced and emerging market economies. Global growth in 2015–16 is projected at 3.5 …Read More
World Employment and Social Outlook – Trends 2015 (full report), International Labour Organization, Ιανουάριος 2015. Summary Renewed turbulence over the employment horizon The world economy continues to expand at rates well below the trends that preceded the advent of the global crisis in 2008 and is unable to close the significant employment and social gaps that have emerged. The challenge of bringing unemployment and underemployment back to pre-crisis levels …Read More
Enderlein, H. & Pisani-Ferry, J. (2014) “Reforms, Investment and Growth: An Agenda for France, Germany and Europe“, Report to Sigmar Gabriel (Federal Minister for Economic Affairs and Energy) and Emmanuel Macron (Minister for the Economy, Industry and Digital Affairs, 27 Νοεμβρίου. INTRODUCTION Europe is falling into a stagnation trap: growth is barely noticeable; current inflation is dangerously low; almost stagnant nominal income makes the weight of public and private …Read More
Cingano, F. (2014) “Trends in Income Inequality and its Impact on Economic Growth“, OECD Social, Employment and Migration Working Papers No.163, OECD Publishing, 09 Δεκεμβρίου. In most OECD countries, the gap between rich and poor is at its highest level since 30 years. Today, the richest 10 per cent of the population in the OECD area earn 9.5 times the income of the poorest 10 per cent; in the …Read More
