OECD Economic Surveys: Estonia 2019

OECD Economic Surveys: Estonia 2019 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264531718
Category :
Languages : en
Pages : 119

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Book Description
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: Estonia 2019

OECD Economic Surveys: Estonia 2019 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264531718
Category :
Languages : en
Pages : 119

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Book Description
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: Luxembourg 2015

OECD Economic Surveys: Luxembourg 2015 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264230661
Category :
Languages : en
Pages : 118

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Book Description
This OECD Economic Survey of Luxembourg examines recent economic developments, policies and prospects. Special chapters cover of the financial sector and diversification of the economy.

OECD Economic Surveys: France 2021

OECD Economic Surveys: France 2021 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264891242
Category :
Languages : en
Pages : 147

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Book Description
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 Outlook, Volume 2015 Issue 1

OECD Economic Outlook, Volume 2015 Issue 1 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264220224
Category :
Languages : en
Pages : 356

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Book Description
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: Korea 2018

OECD Economic Surveys: Korea 2018 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264300821
Category :
Languages : en
Pages : 160

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Book Description
Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...

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

Income Inequality

Income Inequality PDF Author: Brian Keeley
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264246003
Category :
Languages : en
Pages : 120

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Book Description
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.

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.

OECD Economic Surveys: Colombia 2022

OECD Economic Surveys: Colombia 2022 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264982906
Category :
Languages : en
Pages : 130

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Book Description
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.

OECD Economic Surveys: Luxembourg 2017

OECD Economic Surveys: Luxembourg 2017 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 926427698X
Category :
Languages : en
Pages : 112

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Book Description
Luxembourg’s economic performance is robust thanks to its dynamic services sector, sound fiscal policies and openness to global talent. The pace of job creation is strong and benefits not only residents but also cross-border workers and immigrants.