Oecd Economic Surveys Latvia 2019
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Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 128 |
Release | : 2019-11-04 |
Genre | : |
ISBN | : 9264748075 |
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.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 195 |
Release | : 2019-06-25 |
Genre | : |
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.
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.
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.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 230 |
Release | : 2019-05-21 |
Genre | : |
ISBN | : 9264319476 |
This issue includes a general assessment, a special chapter on the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 142 |
Release | : 2019-05-16 |
Genre | : |
ISBN | : 9264312269 |
The Economic Survey of China assesses the country’s recent macroeconomic performance and proposes policy measures to promote higher-quality growth. Policy recommendations relate to how to integrate product and labour markets and enhance inclusiveness.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 173 |
Release | : 2019-05-01 |
Genre | : |
ISBN | : 926415034X |
Middle-class households feel left behind and have questioned the benefits of economic globalisation.
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.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 114 |
Release | : 2019-06-18 |
Genre | : |
ISBN | : 9264868933 |
Latvia enjoys strong economic growth and the catch up with living standards in higher income OECD countries continues. Much remains to be done, though, to close the remaining gap and improve equal access to social protection and economic opportunities. Latvia faces one of the fastest declines in its working age population among OECD countries due to ageing and migration. Strong productivity growth is needed to counter this demographic challenge and improve living standards faster.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 117 |
Release | : 2022-03-09 |
Genre | : |
ISBN | : 9264422358 |
OECD’s periodic surveys of the Latvian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.