OECD Economic Surveys: Korea 2020

OECD Economic Surveys: Korea 2020
Author: OECD
Publisher: OECD Publishing
Total Pages: 128
Release: 2020-08-11
Genre:
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.

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: 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.

OECD Economic Surveys: Spain 2021

OECD Economic Surveys: Spain 2021
Author: OECD
Publisher: OECD Publishing
Total Pages: 124
Release: 2021-05-27
Genre:
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.

OECD Economic Surveys: Turkey 2021

OECD Economic Surveys: Turkey 2021
Author: OECD
Publisher: OECD Publishing
Total Pages: 122
Release: 2021-01-14
Genre:
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.

OECD Economic Surveys: United Kingdom 2020

OECD Economic Surveys: United Kingdom 2020
Author: OECD
Publisher: OECD Publishing
Total Pages: 125
Release: 2020-10-14
Genre:
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.

OECD Economic Surveys: Malaysia 2021

OECD Economic Surveys: Malaysia 2021
Author: OECD
Publisher: OECD Publishing
Total Pages: 124
Release: 2021-08-12
Genre:
ISBN: 9264801545

Like many other countries, Malaysia was hit hard by the COVID-19 pandemic starting in early 2020. Its past policy prudence has allowed Malaysia to react swiftly and boldly to the public health and economic crisis.

OECD Economic Surveys: India 2019

OECD Economic Surveys: India 2019
Author: OECD
Publisher: OECD Publishing
Total Pages: 146
Release: 2019-12-24
Genre:
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.

OECD Economic Surveys: Belgium 2020

OECD Economic Surveys: Belgium 2020
Author: Oecd
Publisher: Org. for Economic Cooperation & Development
Total Pages: 122
Release: 2020-02-27
Genre: 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

OECD Economic Surveys: Denmark 2024

OECD Economic Surveys: Denmark 2024
Author: OECD
Publisher: OECD Publishing
Total Pages: 129
Release: 2024-01-09
Genre:
ISBN: 9264833285

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.