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The new government has set an ambitious course of economic and social reforms. Much progress has already been made. Yet productivity remains insufficient and more needs to be done to strengthen institutions.
After the crisis, Belgium needs to reduce public debt and secure fiscal sustainability via reforms to increase the internationally low effective retirement age, boost cost-efficiency in healthcare, and better utilise transport infrastructures.
Japan's key challenges are to achieve sustained growth and fiscal sustainability. The three-pronged strategy combining bold monetary policy, flexible fiscal policy and a growth strategy should be effectively implemented to realise these goals.
The OECD provides an update on global economy in this statement to the International Monetary and Financial Committee - April 2013.
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Slovenia is in a deep recession and, despite recent reforms, must solve the banking crisis, strengthen fiscal sustainability and boost growth through structural reforms, according to the OECD’s latest economic Survey of Slovenia.
The present issue covers the outlook to end 2014 for both OECD countries and selected non OECD economies. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments.
Related Documents
Despite a glum global economic context China is set to continue to catch up fast, propelled by ongoing urbanisation. Environmental pressures are on the rise, however, and greening growth has become a top policy priority.
Summary of Economic Surveys: France
28-February-2013
English, PDF, 1,704kb
To achieve long-term sustainable growth and preserve the country’s comprehensive welfare state arrangements in the face of demographic ageing, Finland has to implement forcefully a series of structural reforms as presented in this brochure.
This publication presents cross-country comparisons not only of GDP, but also of many other key variables. Its aim is to make national accounts more accessible and informative, while, at the same time, presenting the conceptual underpinning and comparability issues of the indicators.
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