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In his remarks to "Making Reform Happen", Angel Gurría said that "well-designed and well-implemented reforms yield a triple dividend. They lift output and employment; they strengthen public budgets and they rebalance global demand."
The Slovak economy is swiftly recovering from the crisis. This Survey discusses the main challenges going forward: countering the risk of increasing long term unemployment, bringing government finances back on a sustainable path and reaping the benefits of a transition to greener growth.
The OECD’s latest economic survey of the Slovak Republic, to be published on Thursday 25 November 2010, looks at how the global recession impacted the country’s trade-dependent economy, as well as factors that have boosted recovery at an above average pace.
The process of fiscal consolidation and the need to step up the poor long term economic performance provide an opportunity to implement tax measures to improve efficiency and rebalance the economy.
English, , 401kb
Overview - Australia Economic Review 2010
Large shifts in countries’ external current account positions can be disruptive, often reflecting sudden stops in the flows of external finance and leading to exchange rate and banking crises.
English, , 546kb
This chapter discusses the size of current consolidation requirements and the pace at which budget positions should be strengthened in the context of a set of macroeconomic projections to 2025.
Angel Gurría recalled the role played by the OECD Bologna Process and Charter and the "need to harness the potential of SMEs and entrepreneurs in the fight against unemployment, social exclusion and poverty" in his remarks to the “Bologna+10” High-level Meeting.
Turkey has considerably improved its terms of access to the global capital market. Progress in macroeconomic fundamentals has enhanced credibility and reduced risk premia and capital costs.
Australia’s key risks are medium-term--supply bottlenecks, the rising current account, and uncertainty about commodity prices. Policies should guard against inflation and fiscal pro-cyclicality while preserving a flexible economy and ensuring a fair distribution and use of the prosperity benefit