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Austria should seize the opportunity provided by its robust, export-led recovery to strengthen spending reforms and reinforce domestic drivers of economic growth, said Angel Gurría.
Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.
The Indian financial system has changed considerably since the 1990s. Interest rates have been deregulated and new entrants allowed in the banking and the securities business.
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A considerable housing boom has been a key feature of persistently large saving investment imbalances in New Zealand over the past decade.
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Estonia has already experienced many benefits of increasing international integration, most obviously in significant convergence.
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Iceland is slowly recovering from the deep recession caused by its banking crisis but further action is need to strengthen monetary policy and boost employment.
India has the chance to move towards strong, sustained and socially inclusive growth if the right policies are put in place, according to a new OECD report.
India’s economy has ranked among the best performers over the past decade, and poverty has been falling faster than in many other emerging economies. India now has the opportunity to move towards sustained and socially inclusive double-digit growth if the right policies are put in place, according to the OECD Secretary-General.
The Indian economy has been catching up but sustaining high growth requires further reforms. Fiscal policy needs to be strengthened and spending on subsidies reformed to promote more inclusive growth. The government is committed to building on financial sector reforms.
Housing policies in France are designed to meet several objectives. They consist primarily in ensuring that all households have housing that corresponds to their needs and financial means.
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