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Norway is better placed to cope with population ageing than most other countries. But it could still do more to improve incentives and opportunities for people to stay working longer which would help ensure the country’s long-term future, according to a new OECD report.
Do lobbyists have too much influence?
OECD headquarters, Paris
27 June 2013
The OECD’s latest Economic Survey of Iceland, to be published on Thursday 27 June 2013, looks at factors driving recovery from the deep recession caused by the collapse of the country’s three largest banks in 2008. The Survey discusses continuing efforts to work through the legacy of the financial crisis and put public finances on a sound footing for the long-term.
Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.
Norge er bedre rustet til å møte aldringen av befolkningen enn de fleste andre land. Mer kan likevel gjøres for å øke mulighetene og insentivene til å jobbe lenger, og dermed styrke landets langsiktige utvikling, ifølge en ny rapport fra OECD.
Unit labour costs (ULCs) in OECD countries decreased by 0.1% in the first quarter of 2013, compared with a rise of 1.1% in the fourth quarter of 2012. This was driven by lower growth of labour compensation per unit of labour input (0.3% compared with 0.9% in the previous quarter), and increased labour productivity growth (0.4% compared with minus 0.2%).
Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries.
The current Polish framework for fighting foreign bribery is still inadequate to fully meet foreign bribery risks resulting from Poland’s growing economy, says a new OECD report.
Public spending on health and long-term care has been rising faster than GDP in the OECD area for several decades. New OECD research suggests that the upward trend now also extends to major emerging economies - Brazil, Russia, India, Indonesia, China and South Africa.
The 2013 edition of the OECD’s annual Education at a Glance will be published at 11.00 a.m. Paris time (09.00 GMT) on Tuesday 25 June 2013.