OECD Home › Economy › Economic surveys and country surveillance › Latest Documents
Israel’s education system produces many tertiary graduates but there are wide gaps across society and core skills at secondary school are weak.
Israel’s economy has shown resilience during the global recession, but more active education and employment policies – particularly targeted at minority groups – are needed to bolster its economic performance and bridge deep divisions within its society, according to the OECD.
Israel is supporting its business sector and promoting competition in similar ways to many OECD countries, but there is room for improvement.
Recovery from the downturn is underway in Israel, helped by a broadly appropriate policy response. However, economic challenges remain for fiscal policy, education, employment levels, poverty reduction and the business environment.
Despite some best-practice policies, challenges remain in raising employment and lowering poverty, particularly among Arab-Israeli and Ultra-orthodox households.
Israel has weathered the recent recession very well and the policy responses have been appropriate. Nevertheless, long-term fiscal sustainability needs to be reinforced by bringing down public debt and the fruits of economic growth should be better redistributed to low-income households, said the OECD Secretary-General during his presentation of the report to the Prime Minister Netanyahu.
Individual elements in the Belgian tax system affect the growth process through different channels and to a varying degree.
In the years preceding the onset of the global financial crisis, the Central Bank of Russia (CBR) had two goals: to reduce inflation and limit the real appreciation of the rouble.
The paper discusses the current state of fiscal relations across levels of government in Belgium and how it has developed over time.
This paper uses the OECD’s indicators of product market regulation (PMR) to assess the extent to which the regulatory environment in Russia supports competition and to draw attention to the areas where further reform efforts would pay dividends.