OECD.org

Iceland is the fastest growing economy in the OECD, having made a remarkable turnaround from the crisis, fuelled by strong tourism, prudent economic policies and a favourable external environment. As a small open economy Iceland could build its resilience to preserve economic stability, the OECD Economic Survey of Iceland says.

The Slovak Republic continues exhibiting robust economic performance, according to the new OECD Economic Survey: Slovak Republic. However, policymakers should take advantage of the current situation to enact reforms that will further increase living standards and foster inclusiveness among all Slovaks.

Many countries have become more efficient in using natural resources and the services provided by the environment, but progress is too slow, a new OECD report shows.

Belgium’s GDP per head is above the OECD average, but according to the OECD Economic Survey of Belgium, public investment is too low and the tax mix is insufficiently aimed at ensuring inclusive growth, while education and labour market policies should address the needs of low-skilled immigrants and other disadvantaged groups.

The job market continues to improve in the OECD area, with the employment rate finally returning to pre-crisis levels, the OECD Employment Outlook 2017 finds. People on low and middle incomes have seen their wages stagnate and the share of middle-skilled jobs has fallen, contributing to rising inequality, the new report warns.