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This review assesses how the country deals with competition and regulatory issues, from the soundness of its competition law to the structure and effectiveness of its competition institutions.
The Polish economy has become increasingly connected with the international economy, but challenges are widespread to improve Poland’s position in global markets.
Competition is now robust in many sectors but product market barriers remain high overall, which may hold back growth over the longer run.
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to strengthen competition, entrepreneurship and innovation would go a long way toward enhancing it.
Israel is supporting its business sector and promoting competition in similar ways to many OECD countries, but there is room for improvement.
The comparatively large magnitude of the losses of the two largest banks of Switzerland in relation to capital has underscored the systemic risks to the economy posed by the institutions’ size relative to Swiss GDP and their extensive cross-border and cross-currency activities.
Living standards in Ireland will remain high, despite the severe contraction, but stronger structural policies would encourage sustainable long run growth.
As attention shifts to fiscal consolidation, sustaining output growth will depend increasingly on private domestic demand, requiring reforms, particularly in the labour market and the non-manufacturing sector.
Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards -- at 20 structural reform efforts in 10 OECD countries, during the past two decades. This page presents the principle messages of the study.
The single market programme has already brought long–term benefits, but more can be done to enhance competitive pressures and ensure proper implementation of single market rules.