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Public spending per pupil on pre-primary education is low in international comparison whereas spending on tertiary academic education per graduate is among the highest in the OECD.
The European Union faces serious challenges today, with public finances in poor shape, weak long-term growth prospects and an unemployment level close to 10%. In this context, the regional policy can play a crucial role to unleash the growth potential of our economies, says OECD Secretary-General.
How can the economic recovery be strengthened while laying the foundations for a stronger, cleaner and fairer world? As decision-makers gather in Davos, OECD Secretary-General Angel Gurría highlights key challenges for the year ahead.
This paper compares a number of housing policies such as housing taxation, land use and rental regulations and social housing policies for OECD countries relying on new data.
The responsiveness of housing supply to changes in prices bears important implications for the evolution of housing prices and the speed of adjustment of housing markets.
This paper presents a framework to assess the impact of a wide range of structural policy reforms on GDP per capita at various horizons by linking together previous empirical studies mostly carried out by the OECD.
This paper provides an illustrative assessment of the impacts on potential GDP over a 5 to 10-year horizon of structural reform scenarios in the areas of product and labour markets, relying on existing OECD empirical studies.
Sweden has weathered the crisis well. It now needs to strengthen fundamentals even further by improving the monetary and financial policy frameworks and continuing with labour market and education system reforms.
In his remarks for the launch of the Economic Survey of Sweden, Angel Gurría said that 'Sweden is recovering quickly and robustly from the crisis (...) in large part thanks to the sound macroeconomic and structural policies Sweden has pursued over the past couple of decades.'
The Dutch occupational pension system has been successful in securing high asset accumulation to fund generous pension promises.