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http://www.itinerainstitute.org/en/library/_paper/tax-credits-to-prevent-layoffs-and-stimulate-employment/
Tax Credits to Prevent Layoffs and Stimulate Employment
26 October 2009
While there is much talk about the economy potentially being in recovery, it must be noted that we still have an extraordinarily high unemployment rate. This will continue for years to come unless we act decisively to confront the issue. In this CEPR analysis the authors suggest a job sharing tax credit as an effective temporary measure. The basic point is simple: job sharing would use tax money to pay firms to shorten the typical workweek or work year, while keeping pay constant. An idea worth scrutinizing for the troubled Belgian labour market.

http://www.cepr.net/documents/publications/job-sharing-tax-credit-2009-10.pdf

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The 2000 Copernicus reform has faded away before flourishing. Belgium has the highest public spending and public employment in the OECD and still the relative quality and quantity of public services remain disappointing. With so many challenges ahead such as globalisation, population aging, the race for talents, the digital revolution, it is urgent to send a wake-up call for a government that is steering and not rowing. Jean Hindriks makes the diagnosis and suggests several “quick wins”.

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