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News & Events
News
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30-May-2007
Greece has progressed rapidly over the past decade in closing the income gap with the best performing economies. However, significant further reforms are needed to ensure that good performance is sustained in the years to come.
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29-May-2007
The US economy continues to grow solidly, though at a slower pace than before. Long term challenges include labour force growth, fiscal sustainability, distortions in the housing market, performance of secondary schools and access to college.
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22-May-2007
The main economic challenge is ensuring implementation of the ambitious fiscal consolidation programme through budgetary discipline and structural reform in central and local government. Challenges also remain in raising the low employment rate.
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23-Apr-2007
Macroeconomic imbalances are weighting on growth prospects and are only started to unwind. Looking forward, major economic challenges remain for pension and retirement savings policies, financial markets and the tax system.
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05-Apr-2007
Following major economic reforms, the Slovak economy has grown strongly in recent years. Nevertheless, there is still considerable scope to strengthen growth prospects and to ensure that the benefits of growth are more widely distributed by raising employment rates, improving education outcomes (including by reducing the impact of socio-economic background), and by removing barriers to product-market competition.
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13-Mar-2007
The economic recovery in Belgium is becoming more durable. Nevertheless, unemployment remains high and there are already signs that some productions factors are coming under strain. Thus, further labour market reform is required to bolster employment gains. Other challenges include securing additional fiscal consolidation across all levels of government to address the sizeable consequences of ageing, enhancing the efficiency of tertiary education and further improving the functioning of the financial markets.
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14-Feb-2007
Since the 1990s’ crisis, Sweden has greatly improved its macroeconomic policies. All parts of society benefit from strong productivity growth, stable inflation expectations and public budget surpluses. Meanwhile, combating exclusion in the labour market is a key challenge, along with distortions in the housing market.
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30-Jan-2007
Norway is entering the fourth year of a long cyclical upturn that has brought down unemployment, without so far rekindling inflation. However, fiscal and monetary policies need to tighten faster to minimise risks of overheating. Other challenges include reforming pensions to improve fiscal sustainability, boosting labour supply by reforming long term sickness and disability schemes and improving policies to encourage innovation to sustain the rise in the country’s prosperity.
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23-Jan-2007
How can policy help the Spanish economy maintain its good performance? Boosting productivity through more innovation, reducing the inflation differential and reinforcing the resilience of the economy through more competitive product markets and a reform of the wage formation process are part of the answer. The survey also stresses the need to stabilise the housing market and confront the budgetary implications of ageing.
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23-Jan-2007
This chapter addresses the challenge that the adjustment to sustained high oil prices poses for macroeconomic management, particularly with respect to competitiveness and inflation. Economics Department Working Paper 537 by Christian Gianella.
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Economic Survey of Denmark 2009
Economic Survey of Ireland 2009
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