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The Russian Federation’s economy is growing, but further reforms are needed to bolster future growth, improve the business climate and strengthen innovation, according to the OECD.
Despite the slowdown of the world economy, Russia has continued to grow. Most importantly, your macroeconomic house is basically in order, with inflation largely under control, public finances close to balance, and a current account surplus. But growth must become sustainable and fair through the implementation of the right policy mix, said OECD Secretary-General.
The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum.
Israel’s output growth remains relatively strong and unemployment is low. However, living standards remain well below those of top ranking OECD countries, the rate of relative poverty is high, and there are environmental challenges.
Restoring growth, making it sustainable and dealing with social costs are essential to the success of the adjustment programme in Greece. To this end, accelerating and broadening the structural reform programme is key.
Greece has made impressive headway in consolidating its public finances and undertaking key structural reforms to boost productivity and enhance competitiveness.
Chile has made major gains in prosperity. Continued reforms to labour markets will help growth to be shared more equally. Ensuring that economic gains are sustainable will require sustained efforts to foster entrepreneurship and innovation.
Chile ha avanzado hacia una mayor prosperidad, aunque más reformas en el mercado laboral permitirán un crecimiento más equitativo. Para que lo ya logrado sea sostenible, es necesario un mayor esfuerzo en promover la innovación
Brazil has moved up the ranks of the world’s largest economies while making economic growth ever more inclusive.
OECD's 2013 Economic Survey of Ireland examines recent economic developments, policies and prospects. This issue's special chapters cover youth employment and innovation.