These notes present selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.
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This note presents selected findings for Latvia based on the set of well-being indicators published in How's Life? 2017.
Unemployment is still above 8% in Latvia and contributes to poverty, in part because many unemployed have been without a job for an extended period of time.
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Concerted efforts are necessary to ensure equal opportunities for all students throughout the education lifecycle, including through more generous and targeted grants for low-income students at vocational and tertiary education levels.
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Latvia faces high levels of income inequality and poverty. The tax and redistribution system only partially alleviates inequalities resulting from market incomes. Long-term unemployment and inadequate minimum social protection drive poverty among the working-age population.
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Within a context of lower resources and higher health needs than in many OECD countries, Latvia’s health system delivers relatively efficient and effective care to the population, however, existing financial and geographical barriers to care are important drivers of unmet health care needs.
Latvia’s economy is growing strongly. Driven by the recovery of exports and investment as well as strong private consumption, real GDP growth is expected to strengthen from 2% in 2016 to around 4% this year and next.
The Latvian Economy has grown robustly but not enough for strong convergence in living standards.
Successful implementation of economic reforms has boosted the Latvian economy, leading to strong growth, rising wages and solid public finances. Further policy action is now needed to accelerate productivity growth, create jobs, drive down poverty, improve living standards and ensure that everyone benefits from more inclusive growth, according to a new report from the OECD.