Author : OECD
Publisher : OECD Publishing
Page : 152 pages
File Size : 31,5 MB
Release : 2020-07-31
Category :
ISBN : 9264172688
The COVID-19 outbreak is worsening an already fragile economic outlook. Since 2013, growth has been modest and unemployment has been rising. Policy uncertainty has been the main driver of low confidence and subdued investment. Following a sharp fiscal deterioration in recent years, the crisis also heightened debt sustainability challenges.
Author : OECD
Publisher : OECD Publishing
Page : 127 pages
File Size : 12,75 MB
Release : 2022-02-21
Category :
ISBN : 9264779868
Mexico is recovering from a pandemic that had deep economic and social impacts. Informal workers, women and youth were particularly hit, exacerbating long-standing social challenges. Mexico’s solid macroeconomic policy framework safeguarded macroeconomic stability. But medium term growth prospects have weakened and growth over the past two decades has been low.
Author : OECD
Publisher : OECD Publishing
Page : 119 pages
File Size : 13,88 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 : 128 pages
File Size : 39,2 MB
Release : 2020-08-11
Category :
ISBN : 926449619X
Economic activity has contracted less in Korea than in other OECD countries, thanks to the prompt and effective reaction of the authorities to contain the spread of the COVID-19 virus and to the wide-ranging government support to households and businesses. Nevertheless, the pandemic generates strong headwinds.
Author : OECD
Publisher : OECD Publishing
Page : 130 pages
File Size : 29,64 MB
Release : 2022-02-10
Category :
ISBN : 9264982906
The Survey examines Colombia’s economic recovery from the COVID-19 crisis as well as the challenges to ensuring stronger and more sustainable growth. It takes an in-depth look at the social protection system, and discusses reforms that could improve the sustainability of public finances, boost productivity growth and improve opportunities for all Colombians.
Author : OECD
Publisher : OECD Publishing
Page : 125 pages
File Size : 15,53 MB
Release : 2021-02-20
Category :
ISBN : 9264846638
In the last decades, Chile has made tremendous progress towards greater economic prosperity and lower poverty. Per capita income more than doubled over the past 20 years and is now the highest in Latin America. These progresses have now come to a halt. Since October 2019 Chile has faced two unprecedented shocks, the social protests and the COVID 19 outbreak.
Author : OECD
Publisher : OECD Publishing
Page : 147 pages
File Size : 26,22 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 : 146 pages
File Size : 41,17 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 : OECD Publishing
Page : 125 pages
File Size : 33,95 MB
Release : 2020-10-14
Category :
ISBN : 9264510966
Like many countries, the United Kingdom has been hit severely by the COVID-19 outbreak. A strict lockdown was essential to contain the pandemic but halted activity in many key sectors. While restrictions have eased, the country now faces a prolonged period of disruption to activity and jobs, which risks exacerbating pre-existing weak productivity growth, inequalities, child poverty and regional disparities. On-going measures to prevent a second wave of infections will need to be carefully calibrated to manage the economic impact.
Author : OECD
Publisher : OECD Publishing
Page : 195 pages
File Size : 48,35 MB
Release : 2019-06-25
Category :
ISBN : 9264883894
Well-being in New Zealand is generally high, although there is room for improvement in incomes, housing affordability, distribution, water quality and GHG emissions. Economic growth is projected to remain around 21⁄2 per cent. The main risks to the outlook are rising trade restrictions and a housing market correction. Labour market reforms have been initiated to increase wages for the low paid but will need to be implemented cautiously to minimise potential adverse effects. Substantial planned increases in bank capital requirements should reduce the expected costs of financial crises but might reduce economic activity.
