Growth in the United Kingdom has picked up, supported by a wide range of domestic policies. A balanced recovery requires higher productivity growth and would benefit from raising infrastructure investment and ensuring sustainable bank lending.
There are now 42 signatories to the OECD Declaration on Green Growth. Lithuania has joined Costa Rica, Colombia, Croatia, Latvia, Morocco, Tunisia, as well as OECD members in having adhered to the declaration. Latest reports are now available on Zambia, Slovak Republic, Slovenia and Korea.
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This country note from Going for Growth 2015 for the United Kingdom identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
In its latest Peer Review of the United Kingdom, the OECD’s Development Assistance Committee (DAC) notes that raising its official development assistance (ODA) by 30.5% to GBP 11.4 billion in 2013 made the UK the world’s No. 2 donor by aid volume after the United States.
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The tax burden in the United Kingdom declined by 0.1 percentage points from 33.0% to 32.9% in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The standard VAT rate for the United Kingdom is 20%, which is above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
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The number of doctors in the UK has grown more rapidly than in any other EU countries since 2000; the number per capita remains lower than the EU average. There has been a sharp drop in deaths from heart attacks in the UK since 2000, reflecting reductions in important risk factors like smoking and better treatments.
The number of foreign nationals living in the United Kingdom in 2013 rose to 4.9 million, an increase of 3.2% on the year before.
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This brief was prepared for the publication of the Skills beyond School Synthesis Report, a review of post-secondary career, vocational and professional training covering 20 countries, including the United Kingdom.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country factsheets from the publication OECD Regional Outlook 2014.