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Education outcomes need to improve to enhance long-term growth. This could be achieved by encouraging children from disadvantaged backgrounds to spend more time in pre-school...
The crisis made international financial assistance inevitable. It has at the same time provided an opportunity to implement substantial reforms.…
At a meeting with Slovak Economists, Mr. Gurría underlined that the OECD has developed a strategic response to deal with the current situation, while at the same time addressing the interaction between different policy actions in our economies.
The adoption of the euro at the start of 2009 marks a major achievement for the Slovak Republic. The main policy challenge is to sustain high trend growth while adjusting to life in the euro area. This requires structural reforms.
The Slovak economy has enjoyed a stellar performance in recent years, growing significantly faster than other OECD economies. However, the economy is now facing a major slowdown reflecting the headwinds from the global economy.
M. Gurría stated that the main policy challenge for the Slovak Republic is to sustain high trend growth while adjusting to life in the euro area. This requires structural reforms in the areas of labour and product markets, fiscal policy and in the housing sector.
OECD’s latest economic survey of the Slovak Republic, to be published on Monday 9 February 2009, looks at such challenges as the adoption of the euro and the impact of the global slowdown. It discusses how increasing flexibility would strengthen sustainable economic growth.
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External links to: recent economic data; current interest rates and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.
Traditionally, the Norwegian compulsory education system has focused strongly on the linked goals of equal opportunities to learn, comprehensive and inclusive education.
Nigel Pain, OECD Senior Economist, on the Challenges facing the Euro Area Economy