Greece: Selected Issues

June 5, 2013

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Format: Chicago

Greece: Selected Issues, (USA: International Monetary Fund, 2013) accessed September 18, 2024

Summary

Rigidities in Greece’s product and labor markets leading to economic imbalances and the significance of reforms to these markets are played out in the first paper. The second paper describes the problems, progress to date, and agenda for work in Greece’s revenue administration and how this effort has been achieved primarily by raising tax rates to high levels and reducing wages, pensions, and other spending. The third paper is on the need for designing and implementing debt restructuring frameworks as well as improving banks’ loan resolution practices so that Greece’s banks are positioned to support the economic recovery.

Subject: Banking, Commodity markets, Credit, Financial institutions, Financial markets, Money, Nonperforming loans, Revenue administration, Tax administration core functions

Keywords: Adjustment cost, Administration reform, Baltics, Commodity markets, CR, Credit, Eastern Europe, Firm, Flexibility indicator, Global, Greece, ISCR, Labor market, Labor market reform, Nonperforming loans, Product market, Product market reform, Revenue administration, Tax administration core functions

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/155
Stock No:

1GRCEA2013004
ISBN:

9781484363683
ISSN:

1934-7685

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