South Africa's economic growth has stagnated over the past decade due to entrenched structural rigidities. This paper examines the impact of reforms addressing shortcomings in governance, business ...

Yoon's reform efforts likely to end without significant progress Acting President Han Duck-soo said the government would ...

Now, more than ever, we need leaders capable of acting in the national interest rather than in favour of sectional interests.

This week, the focus will shift to the labor market, with the March jobs report set for release on Friday. Updates on private payrolls and job openings, as well as activity in the services and ...

Artificial intelligence (AI) could significantly enhance productivity in the Dutch labor market, surpassing impacts seen in neighboring countries, according to a recent analysis by ING. The bank's ...

Europe’s ambitious push toward carbon neutrality is rapidly replacing fossil fuel–fired power generation with variable renewable resources (VRE), but this shift is exposing the region to a ...

We develop a dynamic macroeconomic framework with worker heterogeneity, putty-clay adjustment frictions, and firm monopsony power to study the distributional impact of labor market policies over time.

Labor market reform aimed at introducing greater firm-level flexibility in the collective bargaining system and streamlining the enforcement of employment protection legislation are necessary steps to ...