OECD Economic Surveys: Belgium 2020

OECD Economic Surveys: Belgium 2020 PDF Author: Oecd
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264911161
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
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: Belgium 2020

OECD Economic Surveys: Belgium 2020 PDF Author: Oecd
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264911161
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
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: Ireland 2008

OECD Economic Surveys: Ireland 2008 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264043128
Category :
Languages : en
Pages : 136

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Book Description
This 2008 edition of OECD's periodic survey of the Irish economy finds that it has performed remarkably well over the past decade, propelling per capita income to above the OECD average. Economic fundamentals remain strong, but economic activity is ...

Understanding National Accounts Second Edition

Understanding National Accounts Second Edition PDF Author: Lequiller François
Publisher: OECD Publishing
ISBN: 9264214631
Category :
Languages : en
Pages : 520

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Book Description
This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.

OECD Economic Surveys: Korea 2020

OECD Economic Surveys: Korea 2020 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926449619X
Category :
Languages : en
Pages : 128

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Book Description
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: Germany 2010

OECD Economic Surveys: Germany 2010 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264083510
Category :
Languages : en
Pages : 154

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Book Description
This 2010 edition of OECD's periodic survey of the German economy includes chapters covering emerging from the crisis, facilitating structural change and preventing long-term unemployment, bringing public finances back to a sustainable path, lessons ...

OECD Economic Surveys: Ireland 2009

OECD Economic Surveys: Ireland 2009 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264054545
Category :
Languages : en
Pages : 136

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Book Description
OECD's 2009 review of Ireland's economy. This edition's special feature covers the labour market in Ireland.

OECD Economic Surveys: Ireland 2008

OECD Economic Surveys: Ireland 2008 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9789264043114
Category :
Languages : en
Pages : 140

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Book Description
This 2008 edition of OECD's periodic survey of the Irish economy finds that it has performed remarkably well over the past decade, propelling per capita income to above the OECD average. Economic fundamentals remain strong, but economic activity is ...

OECD Economic Surveys: Greece 2020

OECD Economic Surveys: Greece 2020 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264913521
Category :
Languages : en
Pages : 135

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Book Description
Greece’s economy had been expanding by nearly 2% for over three years before the COVID-19 shock. Structural reforms, high primary budget surpluses and debt measures underpinned Greece’s recovery and rising confidence. Then the COVID-19 pandemic struck, abruptly interrupting the recovery and adding new challenges to raising inclusiveness, competitiveness and growth.

What Happens During Recessions, Crunches and Busts?

What Happens During Recessions, Crunches and Busts? PDF Author: Mr.Ayhan Kose
Publisher: International Monetary Fund
ISBN: 1451871325
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
We provide a comprehensive empirical characterization of the linkages between key macroeconomic and financial variables around business and financial cycles for 21 OECD countries over the period 1960–2007. In particular, we analyze the implications of 122 recessions, 112 (28) credit contraction (crunch) episodes, 114 (28) episodes of house price declines (busts), 234 (58) episodes of equity price declines (busts) and their various overlaps in these countries over the sample period. Our results indicate that interactions between macroeconomic and financial variables can play major roles in determining the severity and duration of recessions. Specifically, we find evidence that recessions associated with credit crunches and house price busts tend to be deeper and longer than other recessions. JEL Classification Numbers: E32; E44; E51; F42

Emigration and Its Economic Impact on Eastern Europe

Emigration and Its Economic Impact on Eastern Europe PDF Author: Mr.Ruben Atoyan
Publisher: International Monetary Fund
ISBN: 1498367453
Category : Social Science
Languages : en
Pages : 48

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Book Description
This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.