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Author: OECD
Publisher: OECD Publishing
ISBN: 926444906X
Category :
Languages : en
Pages : 108
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Book Description
The Swedish economy is growing steadily, but the expansion has peaked and global uncertainties weigh on the outlook. Monetary and fiscal stimulus has supported the recovery, but is being gradually withdrawn as the economy operates close to full capacity. Strong public finances provide space for fiscal loosening in the case of a downturn, especially as low interest rates reduce monetary policy margins. Beyond a strong economy, Sweden enjoys high well-being, low inequality and strong environmental performance.
Author: OECD
Publisher: OECD Publishing
ISBN: 926444906X
Category :
Languages : en
Pages : 108
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Book Description
The Swedish economy is growing steadily, but the expansion has peaked and global uncertainties weigh on the outlook. Monetary and fiscal stimulus has supported the recovery, but is being gradually withdrawn as the economy operates close to full capacity. Strong public finances provide space for fiscal loosening in the case of a downturn, especially as low interest rates reduce monetary policy margins. Beyond a strong economy, Sweden enjoys high well-being, low inequality and strong environmental performance.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264748075
Category :
Languages : en
Pages : 116
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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.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264405399
Category :
Languages : en
Pages : 108
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Book Description
Resolute policy action to protect households and businesses has mitigated the pandemic’s toll on the Swedish economy, which nevertheless contracted sharply in 2020. Growth is picking up on the back of strong manufacturing activity and exports, while vaccination brings hope for a gradual return to normality in sectors requiring face-to-face interaction.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264823514
Category :
Languages : en
Pages : 143
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Book Description
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
ISBN: 9264269312
Category :
Languages : en
Pages : 124
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Book Description
This 2017 OECD Economic Survey of Sweden examines recent economic developments, policies and prospects. The special chapters cover income inequality and gender inequality.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264188789
Category :
Languages : en
Pages : 124
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Book Description
OECD's 2012 Economic Survey of Sweden examines recent economic developments, policy and prospects before taking a more detailed look at labour and social policies as well as housing and financial markets.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264141197
Category :
Languages : en
Pages : 56
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Book Description
OECD's 1969 Economic Survey of Sweden examines recent economic trends, policy, and prospects and draws a series of policy conclusions.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264883894
Category :
Languages : en
Pages : 179
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Book Description
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: Organisation for Economic Co-operation and Development
Publisher:
ISBN:
Category : Sweden
Languages : en
Pages : 172
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Book Description
Author: OECD
Publisher:
ISBN: 9789264610613
Category : Business & Economics
Languages : en
Pages : 164
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Book Description
Japan's current economic expansion is its longest of the post-war era, with per capita output growth nearly matching the OECD area since 2012. However, the expansion has peaked and global uncertainties weigh on the outlook. Growth is projected to continue at a moderate rate, supported by expansionary monetary policies and fiscal measures to offset the 2019 consumption tax rate hike. Notwithstanding rising female participation, labour shortages are intensifying, reflecting Japan's shrinking and ageing population, thus underlining the importance of labour market reform. Traditional labour practices, such as seniority-based wages and mandatory retirement, are poorly suited to the era of 100-year lives. Comprehensive reforms, including abolishing the right of firms to set mandatory retirement and removing obstacles to female employment, are essential. Population ageing also puts further upward pressure on public social spending and government debt, which relative to GDP is already the highest ever recorded in the OECD area. Japan needs a comprehensive fiscal consolidation plan covering specific spending cuts and revenue increases to ensure fiscal sustainability. It is essential to contain the rise in health and long-term care spending, while expanding the joint provision of local public services across jurisdictions and developing compact cities in the context of depopulation. SPECIAL FEATURES: LABOUR REFORM IN AN AGEING SOCIETY; ENSURING FISCAL SUSTAINABILITY
