Like many countries, the United Kingdom has been hit severely by the COVID-19 outbreak. A strict lockdown was essential to contain the pandemic but halted activity in many key sectors. While restrictions have eased, the country now faces a prolonged period of disruption to activity and jobs, which risks exacerbating pre-existing weak productivity growth, inequalities, child poverty and regional disparities. On-going measures to prevent a second wave of infections will need to be carefully calibrated to manage the economic impact.
OECD's 1976 Economic Survey of the United Kingdom examines recent economic developments, economic policy, and economic prospects before drawing a series of policy conclusions.
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's 1977 Economic Survey of the United Kingdom examines recent economic developments, economic policies, the outlook for 1977 and medium-term prospects and policies before drawing a series of conclusions.
OECD's periodic review of South Africa's economy. This edition features chapters covering moving beyond the crisis and finding a sustainable growth path, strengthening the macroeconomic policy framework, and closing the labour utilisation gap.
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
This publication reviews the major turning points in the history of economic integration, and in particular the pace at which it has accelerated since the 1990s. It also considers its impact in four crucial areas, namely employment, development, the environment and financial stability.
OECD's 1978 Economic Survey of the United Kingdom examines recent economic developments, economic policy, and the short-term outlook before drawinga series of conclusions.
OECD's 1979 Economic Survey of the United Kingdom examines developments in 1978, economic policies, the process of recovery and adjustment, and economic prospects before drawing a series of conclusions.
