Population ageing is setting in earlier in Germany than in most other OECD economies and will be marked.
The German economy has steadily recovered from the 2008 global crisis. Thanks to past reforms, the labour market has proved strong and export performance has been impressive.
2015 is the year in which we aim to develop a new architecture for financing development for the Sustainable Development Goals and to build, during COP 21 in Paris, a new framework to tackle climate change. In all these arenas, decisive action for women’s rights and enhanced gender equality can play a crucial role.
While past labour market reforms have been successful in terms of employment, the relative poverty risk and income inequality have remained broadly unchanged in recent years.
The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.
The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.