Strengthening Latvia’s Housing Affordability Fund

Strengthening Latvia’s Housing Affordability Fund PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264382976
Category :
Languages : en
Pages : 133

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Book Description
The Latvian government established the Housing Affordability Fund in mid-2022, a long-term self-sustaining financing model to channel investment into affordable housing. The fund is now being scaled up to ensure lasting impact on the Latvian housing market. This report identifies options for institutional arrangements, funding and financing opportunities, and operational tools to achieve this aim.

Strengthening Latvia’s Housing Affordability Fund

Strengthening Latvia’s Housing Affordability Fund PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264382976
Category :
Languages : en
Pages : 133

Get Book Here

Book Description
The Latvian government established the Housing Affordability Fund in mid-2022, a long-term self-sustaining financing model to channel investment into affordable housing. The fund is now being scaled up to ensure lasting impact on the Latvian housing market. This report identifies options for institutional arrangements, funding and financing opportunities, and operational tools to achieve this aim.

OECD Economic Surveys: Latvia 2024

OECD Economic Surveys: Latvia 2024 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264547827
Category :
Languages : en
Pages : 141

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Book Description
Russia’s war of aggression against Ukraine has led to higher energy prices and disruptions in trade and supply chains, weighing on economic growth. Economic convergence had already slowed down before the pandemic, calling for accelerating structural reforms. Rising spending pressures related to defence, internal security, health and old age poverty need to be addressed by raising spending efficiency and tax revenue, while the tax burden should be shifted from labour towards other income, property, and environmental taxes. Continuing to improve the capacity of the public sector, fostering investment and innovation and addressing skilled labour shortages are key for raising potential growth. Low credit supply is a main factor for weak investment and should be tackled by fostering competition and deepening capital markets. High informality, which hinders access to finance and distorts the level playing field, should be addressed by reducing labour taxes for low-wage earners, improving tax enforcement and continuing to fight corruption. Strengthening the power of the Competition Council to enforce competitive neutrality of state-owned enterprises and challenge regulation that restricts competition would help to foster business dynamism and innovation. Addressing skilled labour shortages will require facilitating skilled migration and investing more in human capital. SPECIAL FEATURE: RAISING INVESTMENT TO SUPPORT GROWTH

OECD Economic Surveys: Slovak Republic 2024

OECD Economic Surveys: Slovak Republic 2024 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264371044
Category :
Languages : en
Pages : 128

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Book Description
The Slovak economy has been relatively resilient to the energy crisis, but growth has slowed amid high inflation, weakening foreign demand and tightening financial conditions. The pandemic and the energy crisis have deteriorated public finances; steady fiscal consolidation is now needed to rebuild fiscal buffers and improve long-term fiscal sustainability in the face of rapid population ageing. Sustaining economic convergence and facilitating inclusive structural change requires improving skill provision at all stages of the learning cycle, fostering the domestic innovation capacity and improving the business environment.

OECD Economic Surveys: Slovenia 2024

OECD Economic Surveys: Slovenia 2024 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926463178X
Category :
Languages : en
Pages : 123

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Book Description
The Slovenian economy proved resilient following the energy crisis and devastating floods. Growth is projected to pick up gradually. The labour market remains tight, with widespread labour shortages leading to strong wage growth. Inflation has slowed but remains elevated in services. Fiscal consolidation is needed to rebuild fiscal buffers and address emerging pressures from ageing-related cost, notably on pensions. Productivity growth would benefit from lifting remaining barriers in retail trade and restrictions on professional services. Female labour market participation is high, but the gender wage gap could be reduced further through adjustments in the tax and benefit system. Greater harmonisation of carbon prices, notably the removal of reduced tax rates for fossil fuels, is needed to reach emissions targets. High homeownership rates and a limited rental market, combined with insufficient residential construction, constrain housing options for many, especially the young and vulnerable. Enhancing housing supply can be achieved by streamlining spatial planning and permitting systems, reforming housing taxation, improving rental regulations, expanding access to mortgage finance, and promoting the development of social and affordable housing. SPECIAL FEATURE: ADDRESSING HOUSING MARKET CHALLENGES

OECD Economic Surveys: Mexico 2024

OECD Economic Surveys: Mexico 2024 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264788964
Category : Business & Economics
Languages : en
Pages : 125

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Book Description
After a slow recovery from the pandemic, the Mexican economy has navigated well the global environment of tightening financial conditions and heightened uncertainty.

Policy Actions for Affordable Housing in Lithuania

Policy Actions for Affordable Housing in Lithuania PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264489347
Category :
Languages : en
Pages : 125

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Book Description
Many Lithuanian households struggle to afford good-quality housing. The housing stock is dominated by owner-occupied, multi-apartment buildings that are energy inefficient and face persistent quality gaps. While average household spending on housing is relatively low, house prices have been rising, and many households cannot afford to move to higher quality homes that better suit their needs.

OECD Economic Surveys: Latvia 2019

OECD Economic Surveys: Latvia 2019 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264868933
Category :
Languages : en
Pages : 114

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Book Description
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.

Republic of Latvia

Republic of Latvia PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 81

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Book Description
Latvia is facing an inflation shock, slow growth, and geopolitical challenges, while the long-term policy concern is to sustain the income convergence process. Headline inflation has surged over the past year in Latvia, measuring 12.3 percent y/y in May, while core inflation increased to 12.4 percent y/y in May. The new government, which took office in December 2022, will also have to continue to deal with the spillovers in the Baltic region from the Russian invasion of Ukraine and the impact of sanctions imposed on Russia and Belarus, the cost-of-living crisis, energy security, and the expected slowdown in growth. To secure high long-term growth in a low-inflation environment, Latvia needs to address three structural issues: (i) low productivity, (ii) low investment, and (iii) skilled labor shortages.

Strengthening Early Childhood Education and Care in Ireland Review on Sector Quality

Strengthening Early Childhood Education and Care in Ireland Review on Sector Quality PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264501150
Category :
Languages : en
Pages : 109

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Book Description
In supporting children’s development, countries invest in the future successes of economies and societies. Awareness of the critical role early childhood education and care (ECEC) plays in setting a strong foundation for children’s learning, development and well-being has grown among policy makers worldwide.

OECD Skills Studies OECD Skills Strategy Latvia Assessment and Recommendations

OECD Skills Studies OECD Skills Strategy Latvia Assessment and Recommendations PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264709150
Category :
Languages : en
Pages : 214

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Book Description
This report OECD Skills Strategy Latvia: Assessment and Recommendations identifies opportunities and makes recommendations to strengthen the skills outcomes of students, foster a culture of lifelong learning, reduce skills imbalances in the labour market, and strengthen the governance of the skills system.