Author : OECD
Publisher : OECD Publishing
Page : 128 pages
File Size : 13,12 MB
Release : 2018-12-10
Category :
ISBN : 9264308598
Australia's long span of positive output growth continues, demonstrating the economy's resilience. In the absence of negative shocks, policy rates should start to rise soon, as wage growth and price-inflation pick up. Fiscal discipline will nevertheless still be required to bring balances to ...
Author : OECD
Publisher : OECD Publishing
Page : 119 pages
File Size : 26,47 MB
Release : 2019-12-17
Category :
ISBN : 9264531718
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 : OECD Publishing
Page : 147 pages
File Size : 17,89 MB
Release : 2021-11-18
Category :
ISBN : 9264891242
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
Page : 124 pages
File Size : 37,50 MB
Release : 2021-05-27
Category :
ISBN : 9264555803
The Spanish economy entered a deep recession in 2020 due to the COVID-19 pandemic. A strong government response has protected jobs and firms. However, the crisis has exacerbated long-standing structural challenges, such as high unemployment, inequalities and regional disparities.
Author : Oecd
Publisher :
Page : 136 pages
File Size : 35,78 MB
Release : 2021-10-14
Category : Business & Economics
ISBN : 9789264937260
Author : OECD
Publisher : OECD Publishing
Page : 135 pages
File Size : 26,40 MB
Release : 2020-07-22
Category :
ISBN : 9264913521
Greece’s economy had been expanding by nearly 2% for over three years before the COVID-19 shock. Structural reforms, high primary budget surpluses and debt measures underpinned Greece’s recovery and rising confidence. Then the COVID-19 pandemic struck, abruptly interrupting the recovery and adding new challenges to raising inclusiveness, competitiveness and growth.
Author : OECD
Publisher : OECD Publishing
Page : 122 pages
File Size : 17,28 MB
Release : 2021-01-14
Category :
ISBN : 9264528075
After initial success in fighting the COVID-19 pandemic and a strong economic rebound, Turkey faces a resurgence of cases which puts pressure on the country’s health system, public resources, social cohesion and macroeconomic sustainability. Public finances offer room for government support to the households and businesses most in need, but this should be provided under a more transparent and predictable fiscal, quasi-fiscal, monetary and financial policy framework.
Author : OECD
Publisher : OECD Publishing
Page : 130 pages
File Size : 29,77 MB
Release : 2021-03-11
Category :
ISBN : 926480479X
Canada’s vaccine rollout is bringing the prospect of an end to the COVID-19 crisis and a pick-up in output growth is expected. An ultra-low policy rate and other monetary measures continue to provide substantial support for the economy and fiscal support for households and businesses has been substantial.
Author : OECD
Publisher : OECD Publishing
Page : 146 pages
File Size : 22,79 MB
Release : 2019-12-24
Category :
ISBN : 9264823514
India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit and non-performing loans. India's participation in the global economy has risen, with outstanding performances in some services, while the largest diaspora in the world is an asset in developing new markets. India has also lifted many millions of people out of poverty and has made access to housing for all a priority. Ambitious structural reforms -- including better targeted household support, financial inclusion initiatives, the implementation of the Goods and Services Tax, the Insolvency and Bankruptcy Code, the new approach to federalism and the corporate income tax reform -- have played a key role.
Author : Oecd
Publisher : Org. for Economic Cooperation & Development
Page : 122 pages
File Size : 20,28 MB
Release : 2020-02-27
Category : Business & Economics
ISBN : 9789264911161
Swiss citizens continue to enjoy high living standards on a range of dimensions. Economic growth has slowed but the healthy labour market is still supporting incomes and consumption. However, risks to the outlook are building. Monetary policy has been very accommodative but low interest rates are adding to financial risks. Fiscal policy is sound and debt low. There is scope to make greater use of available fiscal space. Adapting to population ageing is becoming pressing. This trend, along with digital transformation, will bring new opportunities for the economy and society, but challenges as well. Policies have not kept up with rising life expectancy, particularly the statutory retirement age. Updating the pension system and lowering barriers to working longer would ensure that workers continue to receive adequate incomes during retirement. Ageing will also pressure health care spending and increase demand for long-term care. Policies to contain costs and reduce fragmentation in the system can help maintain access to quality care. Switzerland is well placed to seize the opportunities offered by new technologies. Addressing the barriers to adoption, improving the availability of information and helping workers adapt will enable firms, individuals and governments to reap the benefits of digitalisation. SPECIAL FEATURE: POLICIES FOR AN AGEING SOCIETY
