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The economy is adjusting to the post mining-boom era. Long-term prosperity requires macroeconomic policy settings and structural reforms to focus on ensuring a successful rebalancing of economic activity towards non-resource sectors.
Curbing inflation and improving the effectiveness of public finance programmes are key challenges of macroeconomic policy in India. Complex labour regulations and infrastructure bottlenecks are holding back growth in the manufacturing sector. Raising the low female economic participation and higher spending on health would raise growth and make it more inclusive.
The Indian economy is showing signs of a turnaround, but new reforms are needed to put the country on a path to strong, sustainable and inclusive growth, according to the latest OECD Economic Survey of India.
Structural reforms are key to achieving stronger, more inclusive and sustainable growth. Reforming the public sector together with transport infrastructures, skills and innovation policies would help raise growth and reduce regional inequality.
Economic recovery is picking up in the Slovak Republic, but regional disparities and high unemployment must be addressed to ensure balanced inclusive growth over the long-term, according to the latest OECD Economic Survey of the Slovak Republic.
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Sumário: Resumo executivo e Avaliação e recomendações
The OECD’s latest Economic Survey of Portugal, published on Monday 27 October 2014, assesses the significant progress the country has made to rebound from the financial crisis and subsequent recession.
Spain is emerging from a protracted recession, marked by a return to moderate growth and rising international competitiveness. Decisive banking and fiscal reforms, coupled with supportive monetary policy from the European Central Bank, have reduced financial tensions and improved public finance.
Structural reforms (labour market, banking, fiscal) have put the economy on the road to recovery.
Business dynamism has underpinned inclusive growth in the 2000s. Strong growth without widening external imbalances calls for structural reform in the business sector to boost productivity and allow firms to better compete in export markets and at home.