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Israel’s economy continues to register remarkable macroeconomic and fiscal performance. Growth is strong and unemployment is low. The external surplus is comfortable, and the public debt-to-GDP ratio, already well below the OECD average, is still falling. However, Israeli society remains marked ...
The Israeli economy was performing well before the COVID-19 shock but the pandemic is threatening to reverse some of Israel’s recent economic achievements, raise poverty and exacerbate wide productivity disparities between its vibrant high-tech sector and lagging sheltered sectors. Lockdown measures and high uncertainty have led to a sharp contraction in output and reduced employment.
The Israeli economy has rebounded strongly from the COVID-19 pandemic and has proven resilient to the repercussions of Russia’s war of aggression against Ukraine. Inflation has risen above the central bank’s target range amid strong demand and a tight labour market.
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 ...
The Israeli economy was performing well before the COVID-19 shock but the pandemic is threatening to reverse some of Israel's recent economic achievements, raise poverty and exacerbate wide productivity disparities between its vibrant high-tech sector and lagging sheltered sectors. Lockdown measures and high uncertainty have led to a sharp contraction in output and reduced employment.
OECD Economic Surveys: Greece 2018 by Collectif Pdf
Greece is on track to recover from a deep depression. Reforms have gathered pace and fiscal consolidation has strengthened credibility, lowering uncertainty. Exports have led the expansion and labour market reforms have improved competitiveness, supporting employment growth, but wages and productivity remain low. Real investment has yet to recover due to tight financial conditions and structural impediments. The tax collection system is improving, but the tax system still relies on high rates and narrow bases, hampering growth and creating inequities. The public debt remains high and is a source of vulnerabilities. Reducing the debt ratio will hinge on raising long-term growth, maintaining prudent fiscal policy and additional debt restructuring as needed. Improving processes to negotiate employment agreements, better matching workers’ skills with workplaces’ needs, strengthening firms’ incentives to innovate and train workers in addition to continuing social protection reforms will raise employment and wages, and reduce poverty. The government has improved important areas of the investment climate, but more is required to fully implement the product market reforms already passed, improve regulatory quality and transparency, fight corruption and address informality. Reducing non-performing loans and phasing out capital controls while preserving financial stability will improve financing conditions and boost confidence. SPECIAL FEATURES: BOOSTING INVESTMENT; SUPPORTING INCOMES THROUGH EMPLOYMENT AND SOCIAL PROTECTION
OECD's 2013 Economic Survey of Israel examines recent economic developments, prospects and policies. Special chapters cover health care and the tax and transfer system.
Since renewed independence in 1991 and transition from a centrally planned to a market economy, Lithuania has substantially raised well-being of its citizens. Thanks to a market-friendly environment the country grew faster than most OECD countries over the past ten years. The financial system ...
This 2016 OECD Economic Survey of Israel examines recent economic developments, policies and prospects. The special chapters cover: Special Features: Boosting competition on Israeli markets and Improving the pension system.
The Finnish economy is rebounding strongly after almost a decade of lacklustre economic performance. The revival in global growth and investment, coupled with competitiveness gains, is boosting exports. Consumption remains healthy despite slow income growth and both business and residential ...
OECD Economic Surveys: United States 2018 by OECD Pdf
The current expansion in the United States is one of the longest on record. Economic growth since the financial crisis has also been amongst the strongest in the OECD. Robust job growth has helped bring people into employment and reduce the unemployment rate. Partly as a result, wellbeing is ...
Greece is on track to recover from a deep depression. Reforms have gathered pace and fiscal consolidation has strengthened credibility, lowering uncertainty. Exports have led the expansion and labour market reforms have improved competitiveness, supporting employment growth,...
Job Creation and Local Economic Development 2018 Preparing for the Future of Work by OECD Pdf
This third edition of Job Creation and Local Economic Development examines the impact of technological progress on regional and local labour markets. It sheds light on widening regional gaps on job creation, workers education and skills, as well as inclusion in local economies.
