Israel’s output growth remains relatively strong and unemployment is low. However, living standards remain well below those of top ranking OECD countries, the rate of relative poverty is high, and there are environmental challenges.
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Restoring growth, making it sustainable and dealing with social costs are essential to the success of the adjustment programme in Greece. To this end, accelerating and broadening the structural reform programme is key.
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Switzerland’s economy has performed well in recent years but it faces a number of longer terms challenges. These include transitioning from nuclear to renewables, stepping up long-term productivity growth and better integrating migrants and women into the workforce.
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