The tax wedge is the ratio of total labor taxes to total labor costs. It is often lower for families with children and single parents with children than for individuals or couples without children. The tax wedge has an impact on employment growth.
NEW YORK, Sept. 9, 2015 — Rapid-growth emerging markets have long been the engines of global economic growth. With clients enjoying swiftly-rising incomes, many emerging markets banks benefited by providing services to meet the increasingly sophisticated banking needs of their client base.
NEW YORK, Sept. 9, 2015 — Global Finance has named the Safest Banks in Central & Eastern Europe in an exclusive survey to be published in the November 2015 issue. Banks were selected through an evaluation of long-term foreign currency ratings— from Moody’s, Standard & Poor’s and Fitch—and total assets of the 500 largest banks worldwide.
Economics, Policy & Regulation
Regional Report | Central & Eastern Europe
Although geopolitical risks are still keeping executives awake at night, there has been a remarkable turnaround in some countries of the region, thanks in large part to structural reforms—implemented early and strongly.