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Over the past decade, the United States has been very successful atcreating jobs. Some other industrial countries have clearly lagged behind. But what is the reason why some countries are more successful than others at creating employment? Are there common factors that explainjob creation? This paper presents the findings of a new IMF study that has systematically analyzed job creation over the past two decades in theindustrial countries, focusing particularly on differences within Europe.

Labour market --- 331.5 --- 331.57 --- Full employment policies --- Job creation --- 330.05 --- 339.5 --- Creating jobs --- Employment creation --- Economic policy --- Employment stabilization --- Unemployment --- 331.57 Werkloosheidsbestrijding. Werkgelegenheidssubsidies --- Werkloosheidsbestrijding. Werkgelegenheidssubsidies --- 331.5 Arbeidsmarkt. Werkgelegenheid --(algemeen) --- Arbeidsmarkt. Werkgelegenheid --(algemeen) --- Labor --- Macroeconomics --- Labor Demand --- Employment --- Wages --- Intergenerational Income Distribution --- Aggregate Human Capital --- Aggregate Labor Productivity --- Unemployment: Models, Duration, Incidence, and Job Search --- Labor Economics: General --- Labor Contracts --- Labour --- income economics --- Employment protection --- Economic theory --- Labor economics --- Manpower policy --- United States --- Income economics

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This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastructure projects, PPPs, and pension funds. In addition, weaknesses in the institutional framework are reviewed. This analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.

Monetary unions --- Economic History --- Business & Economics --- Common currencies --- Currency areas --- Currency unions --- Optimum currency areas --- Currency question --- Money --- East African Community. --- E.A.C. --- EAC --- Østafrikanske fellesskap --- Jumuiya ya Afrika Mashariki --- East African Common Services Organization --- East African Co-operation --- Africa, East --- Africa, British East --- British East Africa --- East Africa --- Economic policy. --- E-books --- Budget planning and preparation --- Budget Systems --- Budget --- Budgeting & financial management --- Budgeting --- Debt Management --- Debt --- Debts, Public --- Economic sectors --- Expenditure --- Expenditures, Public --- Fiscal policy --- Fiscal risks --- Government business enterprises --- Macroeconomics --- National Budget --- National Government Expenditures and Related Policies: General --- Nationalization --- Nonprofit Organizations and Public Enterprise: General --- Public Administration --- Public debt --- Public enterprises --- Public finance & taxation --- Public Finance --- Public financial management (PFM) --- Public ownership --- Public Sector Accounting and Audits --- Sovereign Debt --- Kenya