OECD Economic Surveys: Estonia 2019
OECD Economic Surveys: Estonia 2019

Author: OECD

Publisher: OECD Publishing

Published: 2019-12-17

Total Pages: 119

ISBN-13: 9264531718

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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: Mexico 2022
OECD Economic Surveys: Mexico 2022

Author: OECD

Publisher: OECD Publishing

Published: 2022-02-21

Total Pages: 127

ISBN-13: 9264779868

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Mexico is recovering from a pandemic that had deep economic and social impacts. Informal workers, women and youth were particularly hit, exacerbating long-standing social challenges. Mexico’s solid macroeconomic policy framework safeguarded macroeconomic stability. But medium term growth prospects have weakened and growth over the past two decades has been low.

OECD Economic Surveys: South Africa 2020
OECD Economic Surveys: South Africa 2020

Author: OECD

Publisher: OECD Publishing

Published: 2020-07-31

Total Pages: 152

ISBN-13: 9264172688

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The COVID-19 outbreak is worsening an already fragile economic outlook. Since 2013, growth has been modest and unemployment has been rising. Policy uncertainty has been the main driver of low confidence and subdued investment. Following a sharp fiscal deterioration in recent years, the crisis also heightened debt sustainability challenges.

OECD Economic Surveys: Korea 2020
OECD Economic Surveys: Korea 2020

Author: OECD

Publisher: OECD Publishing

Published: 2020-08-11

Total Pages: 128

ISBN-13: 926449619X

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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: Colombia 2022
OECD Economic Surveys: Colombia 2022

Author: OECD

Publisher: OECD Publishing

Published: 2022-02-10

Total Pages: 130

ISBN-13: 9264982906

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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: India 2019
OECD Economic Surveys: India 2019

Author: OECD

Publisher: OECD Publishing

Published: 2019-12-24

Total Pages: 146

ISBN-13: 9264823514

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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.

OECD Economic Surveys: New Zealand 2019
OECD Economic Surveys: New Zealand 2019

Author: OECD

Publisher: OECD Publishing

Published: 2019-06-25

Total Pages: 195

ISBN-13: 9264883894

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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.

OECD Economic Surveys: Switzerland 2019
OECD Economic Surveys: Switzerland 2019

Author: OECD

Publisher: OECD Publishing

Published: 2019-11-04

Total Pages: 128

ISBN-13: 9264748075

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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.

OECD Economic Surveys: Belgium 2020
OECD Economic Surveys: Belgium 2020

Author: Oecd

Publisher: Org. for Economic Cooperation & Development

Published: 2020-02-27

Total Pages: 122

ISBN-13: 9789264911161

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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