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Fragile contexts are beginning to be hit by the Covid-19 pandemic. Most of these countries are insufficiently prepared to cope with the spread of the disease and its consequences across the multiple dimensions of fragility. The most vulnerable have difficulty in accessing hospitals and rely on...
Persistent link: https://www.econbiz.de/10012630309
The COVID-19 pandemic has wide implications for the socio-economic fabric worldwide. In addition to health fears, citizens are facing a host of financial uncertainties stemming from the temporary closure of businesses, schools, public facilities and quarantines, as well as instability in the...
Persistent link: https://www.econbiz.de/10012511975
At the end of 1997, Korea was hit by a major financial and economic crisis, which resulted, among other things, in a huge rise in unemployment. The event caught the country’s labour and social institutions unprepared, so that many workers and their families were hit hard. The economy has now...
Persistent link: https://www.econbiz.de/10012441308
This collection of experiences of fiscal decentralisation across a wide range of OECD-Member and non-member economies reveals lessons which are equally of relevance to both groups of countries. A major finding is that fiscal decentralisation is often confused in the latter group of countries...
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