Finland enjoys a high level of income and well-being, but the economy has weakened and new reforms will be necessary to restart growth, boost productivity increase employment and restore competitiveness, according to the latest OECD Economic Survey of Finland.
Education, social protection and entrepreneurship are among the areas where priority action is needed to halt the slowdown in economic growth and tackle inequality across Latin America, according to the OECD.
Composite leading indicators continue to point to stable growth momentum in the OECD area
Latin America’s GDP growth slowdown deepened and is expected to be negative in 2015. For a second consecutive year, Latin America falls behind the average growth of OECD countries after a full decade of convergence with advanced economies, according to the Latin American Economic Outlook 2016.
Switzerland’s recent economic performance has been impressive, but with growth now slowing new reforms will be necessary to maintain high levels of prosperity and ensure future well-being, according to the latest OECD Economic Survey of Switzerland.
A long period of economic expansion in Chile has raised living standards and dramatically reduced poverty, but more needs to be done now to ensure that the country is in a position to move to a stronger, more inclusive and sustainable growth path, according to the latest OECD Economic Survey of Chile.
A further sharp downturn in emerging market economies and world trade has weakened global growth to around 2.9% this year - well below the long-run average – and is a source of uncertainty for near term prospects, says the OECD.
Brazil has made remarkable social and economic progress in the past two decades, but must now overcome important challenges if it is to put its economy on a stronger, fairer, greener growth trajectory, according to two new reports from the OECD.
Economic recovery is progressing in the world’s advanced economies, but stagnating world trade and deteriorating conditions in financial markets are curbing growth prospects in many of the major emerging economies, according to the OECD’s latest Interim Economic Outlook.
Growth in household disposable income has, on average, outpaced the rise in GDP for the OECD area since the onset of the financial crisis in 2007, according to the OECD.