The Swiss economy has shown resilience but the COVID‑19 pandemic continues to raise uncertainty and challenges. Effective government support has helped protect employment and buttress household incomes. Nevertheless, some sectors and groups have been hit hard, with a disproportionate impact on low‑middle skilled and low‑wage workers.
©Pixabay.com/Pasja1000Switzerland Economic Snapshot
After a deep recession in 2020, economic activity in the Slovak Republic has rebounded. However, supply disruptions and a low vaccination rate are making the future pace of the recovery more uncertain. An ambitious recovery plan and substantial inﬂows of EU funds provide a unique opportunity to strengthen the economy.
©Shutterstock/RastoSKSlovak Republic Economic Snapshot
Austria is set to overcome the COVID-19 shock and its economic scars with the help of genuine sanitary, health and economic support policies. The country faces the opportunities and the challenges of two major structural transformations: transition to a net zero emission economy, and the generalisation of more advanced forms of digitalisation.
© Shutterstock.com/de Andrew MayovskyyAustria Economic Snapshot
Denmark has been a frontrunner in cutting its greenhouse gas emissions through a rapid shift to renewable energy and has set an ambitious legal commitment to reduce emissions by 70% by 2030 and reach carbon neutrality by 2050.
©Shutterstock/Nikolay AntonovDenmark Economic Snapshot
The global recovery from the COVID-19 pandemic is uneven and becoming imbalanced. The OECD Economic Outlook, Volume 2021 Issue 2, highlights the continued benefits of vaccinations and strong policy support for the global economy, but also points to the risks and policy challenges arising from supply constraints and rising inflation pressures.
©Shutterstock/emEFA Balancing Act