The period of the COVID-19 pandemic will be marked and remembered. It will certainly be known for the ongoing health crisis that has reverberated across the world, leading to significant social impacts...
This paper reviews the performance of fiscal rules across the world and provides some evidence oftheir effectiveness in improving fiscal performance. Moving beyond the usual approach, the analysisconsiders...
The 2008 crisis marked the beginning of a lost decade for many countries - and many people - in the European Union (EU). The crises of 2008 and 2012 halted, and in some countries undid, a decade of growth...
Poland is facing an enormous demographic change as the population age at unprecedented pace. Life expectancy is steadily increasing while birth rates for years have remained below simple replacement rate...
Latvia’s Ministry of Finance requested the World Bank to collaborate on a review of the country’s tax system as input for the design a medium-term tax strategy. The motivation behind the tax review is...
Economic prospects for the 11 European Union (EU) member states that joined after 2004 started to improve during 2013, as the situation in the Euro area stabilized and domestic policies bolstered growth...