Economic Survey of the Slovak Republic 2009: Raising flexibility during the catch-up phase

As in other catch-up countries inflation is likely to stay high going forward due to nominal convergence. To better cope with the risk of a too rapid pick up of wages, three main areas for improvement are discussed in this chapter.

Governments must maintain reforms for long-term growth during crisis, says OECD

The current crisis offers governments the opportunity of combining emergency action with the important structural reforms needed to improve long-term growth and resilience in their economies, according to OECD’s latest Going for Growth.

Also Available

• Regierungen sollten in der Krise Reformen für langfristiges Wachstum umsetzen
• Los gobiernos deben mantener las reformas para el crecimiento de largo plazo durante la crisis: OCDE
• Regierungen sollten in der Krise Reformen für langfristiges Wachstum umsetzen
• 各国政府は危機時にも長期的成長への改革を維持しなければならない－OECD報告書
• Los gobiernos deben mantener las reformas para el crecimiento de largo plazo durante la crisis: OCDE
• 各国政府は危機時にも長期的成長への改革を維持しなければならない－OECD報告書

Long-run GDP growth framework and scenarios for the world economy

This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world economy.

Making the most of Norwegian schools

Traditionally, the Norwegian compulsory education system has focused strongly on the linked goals of equal opportunities to learn, comprehensive and inclusive education.

Financial crises: Past lessons and policy implications

This overview paper examines the financial crisis in light of past country experience and economic theory and draws preliminary policy recommendations.

Related Documents

• to be changed

Can the financial sector continue to be the main growth engine in Luxembourg?

Luxembourg is today one of the main international centres for investment funds. Besides the sector’s direct and indirect employment effects, the most important effect is the large tax revenue generating capacity of the sector, accounting directly for over 20% of aggregate tax revenues.

Related Documents

• Economic survey of Luxembourg 2008

Discussion of Peter Howitt’s "Competition, Innovation and Growth: Theory, Evidence and Policy Challenges"

OECD Chief Economist, Klaus Schmidt-Hebbel's presentation on 18 November, 2008 at the OECD-World Bank joint conference on innovation and sustainable growth in a globalized world.

Economic Survey of Brazil 2009: Making government operations more cost-effective

Despite considerable progress in many areas, there remains substantial scope for making government operations more cost-effective. Brazil spends a high share of GDP on selected government financed programmes in relation to many OECD countries and its emerging-market peers, but outcome indicators are often comparatively poor. As a result, in the absence of efficiency gains, further increases in spending would need to be financed

Economic Survey of Austria 2009: Lifting growth potential through further product and labour market reforms

Stimulating competition, innovation and investment in services and fostering the employment of low-skilled workers would help increase potential output and social cohesion.

Economic Survey of Slovenia 2009: Restoring a sustainable growth path within the monetary union

Slovenia achieved strong economic growth leading to a marked catch up with the EU15 during the last decade. This dynamic growth has been interrupted by the global recession, adversely affecting Slovenian exports and banks’ refinancing possibilities. As the economy recovers, efforts to achieve real convergence need to be renewed.