This book reviews recent work related to Slovenia and summarised key findings and recommendations in such areas as unemployment and the labour market, skills and productivity, product market competition, corporate governance, boosting innovation and moving up the value chain, public finances, the tax system, the financial system, and greening the economy.
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During the last five years, Slovenia has endured a double‐dip recession that has seen unemployment increase to unprecedented levels, especially among the youth - Yet the situation has improved recently. As Slovenia reforms, it should continue to protect some of its great achievements, such as having one of the lowest levels of income inequality and relative poverty in the OECD.
The international community continues making progress toward greater cooperation to ensure effective information exchange in tax matters. The Global Forum on Transparency and Exchange of Information for Tax Purposes issued today 12 new reports that highlight action being taken by jurisdictions to implement the international standard for exchange of information on request.
The average worker in Slovenia faced a tax burden on labour income (tax wedge) ) of 42.3% in 2013 compared with the OECD average of 35.9%. Slovenia was ranked 10 of the 34 OECD member countries in this respect.
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This note presents key findings for Slovenia from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.
Individual country notes assessing how regions and cities contribute to national growth and the well-being of society.
At its meeting on 3 December 2013, the DAC invited Slovenia to join the Committee. Slovenia accepted this invitation the same day in a letter addressed to the OECD Secretary General, in which it pledged to fulfil the obligations of DAC membership.
Slovenia has become the 29th member of the OECD Development Assistance Committee (DAC), the leading international forum for providers of development co-operation.
Restoring fiscal sustainability is a major challenge in Slovenia. Yet, the performance in terms of expenditure control is poor and public expenditure on social spending increased briskly during the crisis, significantly more than on average across the OECD.
Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant bank recapitalisation.