OECD Economic Surveys: Chile 2021

OECD Economic Surveys: Chile 2021
Author: OECD
Publisher: OECD Publishing
Total Pages: 125
Release: 2021-02-20
Genre:
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.

OECD Economic Surveys: Estonia 2019

OECD Economic Surveys: Estonia 2019
Author: OECD
Publisher: OECD Publishing
Total Pages: 119
Release: 2019-12-17
Genre:
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.

OECD Economic Surveys: Chile 2015

OECD Economic Surveys: Chile 2015
Author: OECD
Publisher: OECD Publishing
Total Pages: 110
Release: 2015-11-25
Genre:
ISBN: 9264248447

This 2015 OECD Economic Survey of Chile examines recent economic developments, policies and prospects. The special chapter cover: Bringing all Chileans on board.

OECD Economic Outlook, Volume 2015 Issue 1

OECD Economic Outlook, Volume 2015 Issue 1
Author: OECD
Publisher: OECD Publishing
Total Pages: 356
Release: 2015-06-19
Genre:
ISBN: 9264220224

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years.

OECD Economic Surveys: France 2021

OECD Economic Surveys: France 2021
Author: OECD
Publisher: OECD Publishing
Total Pages: 147
Release: 2021-11-18
Genre:
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.

Income Inequality

Income Inequality
Author: Brian Keeley
Publisher: Org. for Economic Cooperation & Development
Total Pages: 120
Release: 2015-12-21
Genre:
ISBN: 9789264246003

Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Production Transformation Policy Review of Chile

Production Transformation Policy Review of Chile
Author: Organization for Economic Development and Cooperation
Publisher: Organization for Economic Co-Operation & Development
Total Pages: 0
Release: 2018
Genre: Business enterprises
ISBN: 9789264288331

Chile is a relatively stable, well-connected, open economy. Over the last decade the country has managed to increase its participation in global value chains and to export new products. However, its knowledge base is limited, productivity is stagnating and economic opportunities are still concentrated in a few places and limited to a few activities and firms. Today's global production revolution offers a window of opportunity for Chile to "update" its growth model to become more inclusive and sustainable. The Production Transformation Policy Review of Chile (PTPR) uses a forward-looking framework to assess the country readiness to embrace change, with perspectives on solar energy, mining and agro-food, and identifies priorities for future reforms. This review is the result of government-business dialogue and rigorous analysis. It benefitted from peer learning from Sweden, Germany and the Emilia Romagna Region in Italy through the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development.

OECD Economic Surveys: Colombia 2022

OECD Economic Surveys: Colombia 2022
Author: OECD
Publisher: OECD Publishing
Total Pages: 130
Release: 2022-02-10
Genre:
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.

Assessing Chile's Pension System: Challenges and Reform Options

Assessing Chile's Pension System: Challenges and Reform Options
Author: Samuel Pienknagura
Publisher: International Monetary Fund
Total Pages: 52
Release: 2021-09-10
Genre: Business & Economics
ISBN: 151359611X

Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.