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Author: OECD
Publisher: OECD Publishing
Published: 2024-01-09
Total Pages: 129
ISBN-13: 9264833285
DOWNLOAD EBOOK →Following a robust recovery, growth has slowed and the economy has been running at two speeds. Headline inflation has fallen, but underlying price pressures remain high.
Author: OECD
Publisher: OECD Publishing
Published: 2019-12-17
Total Pages: 119
ISBN-13: 9264531718
DOWNLOAD EBOOK →Estonia’s economy continues to perform well, and growing incomes support well-being. However, the expansion has peaked, and growth is set to soften due to weak international demand. Prudent fiscal policy has resulted in low debt, but spending pressures related to meeting infrastructure needs and ageing are mounting. Old age poverty is high and the proposal to allow early withdrawal of pension funds threatens macroeconomic stability and pension adequacy. The gender wage gap is among the highest in the OECD, and inequalities in income and health are considerable, reflecting gaps in the social safety net. The oil-shale sector is highly energy-intensive and is the main culprit behind Estonia’s high greenhouse gas emissions, but reducing dependence on the sector is challenging, as it is an important employer and meets 70% of Estonia’s energy needs.
Author: OECD
Publisher:
Published: 2019
Total Pages: 108
ISBN-13: 9789264623200
DOWNLOAD EBOOK →The Swedish economy is growing steadily, but the expansion has peaked and global uncertainties weigh on the outlook. Monetary and fiscal stimulus has supported the recovery, but is being gradually withdrawn as the economy operates close to full capacity. Strong public finances provide space for fiscal loosening in the case of a downturn, especially as low interest rates reduce monetary policy margins. Beyond a strong economy, Sweden enjoys high well-being, low inequality and strong environmental performance. Nevertheless, some structural issues need to be addressed, notably alleviating obstacles to housing affordability and enhancing the efficiency of public services by seizing the opportunities offered by digitalisation. Maintaining a high level of workforce skills is essential to sustain growth, competitiveness and social cohesion, calling for action to lift educational performance and promote lifelong learning. Against a background of lacklustre school results and increasing segregation, this Survey proposes a coherent set of reforms to strengthen education institutions, better target funding to pupils' needs, enhance the steering of competition and school choice, increase the attractiveness of the teaching profession and reinforce teacher education. SPECIAL FEATURE: EDUCATION
Author: OECD
Publisher: OECD Publishing
Published: 2021-11-18
Total Pages: 147
ISBN-13: 9264891242
DOWNLOAD EBOOK →The French economy rebounded quickly following the COVID-19 crisis, in particular thanks to the acceleration of the vaccination campaign and strong public support measures. Rapid and effective implementation of the recovery and investment plans would help support stronger and more sustainable growth.
Author: OECD
Publisher: OECD Publishing
Published: 1964-01-01
Total Pages: 31
ISBN-13: 9264133437
DOWNLOAD EBOOK →OECD's 1964 Economic Survey of Denmark covers recent developments, economic prospects and structural re-adjustment and presents a series of conclusions.
Author: OECD
Publisher: OECD Publishing
Published: 2021-12-16
Total Pages: 132
ISBN-13: 9264488081
DOWNLOAD EBOOK →The Danish economy has recovered quickly from the COVID-19 crisis. Rapid action to support firms and households contained the economic contraction to one of the mildest in Europe, while fast vaccine rollout enabled the removal of shutdown restrictions and an early reopening.
Author: OECD
Publisher: OECD Publishing
Published: 2024-06-20
Total Pages: 112
ISBN-13: 9264522417
DOWNLOAD EBOOK →Norway’s economy is slowing as inflation and higher interest rates weigh on consumption and investment. The labour market is tight and wage growth robust, while labour shortages and job mismatches are high and rising. Inflation is falling but still way above the target of 2%. The fiscal stance is expansionary. It should become contractionary to support monetary policy. While Norway is one of the OECD’s most productive countries, productivity growth over the past decade has been weak. Making skills more relevant, notably by strengthening vocational education and training, could help raise productivity and ease tight labour markets. Higher and broader taxation of greenhouse gas emissions and investing in lower‐cost emission cuts would help achieve emission reductions more efficiently. Public spending as a share of GDP is the highest in the OECD, which brings important benefits in the form of high-quality public services. However, oil revenues are set to decline, and ageing costs to rise, foreshadowing strains on public finances in the future. Norway could benefit from applying a medium-term expenditure framework, introducing a spending rule, and establishing a full-fledged fiscal council. Reforming the very generous sickness and disability scheme could help reduce spending pressures and increase employment. Regional policy should become more cost-conscious. Infrastructure investment is very high, and imposing a minimum benefit-cost ratio on individual projects and strengthening ex-post evaluations could help improve its effectiveness. SPECIAL FEATURE: RAISING THE EFFECTIVENESS OF PUBLIC SPENDING
Author: OECD
Publisher: OECD Publishing
Published: 2021-05-19
Total Pages: 175
ISBN-13: 9264506381
DOWNLOAD EBOOK →The Impact of Regulation on International Investment in Finland examines what drives FDI into Finland and which domestic regulatory aspects may discourage foreign investment. The report analyses trends in FDI flows towards Finland and other Nordic-Baltic countries and discusses the benefits of foreign investment for the Finnish economy.
