nee

Slovenia needs to increase reform efforts for a return to stronger growth

Economic reforms have helped Slovenia recover from the crisis, but further action is needed to strengthen the banking and corporate sectors, stabilise debt and create jobs, according to the latest OECD Economic Survey of Slovenia.




nee

An inclusive South Africa needs more investment and jobs

South Africa has made impressive social progress over the past two decades, lifting millions of people out of poverty and broadening access to essential services like water, electricity and sanitation.




nee

Ireland needs to sustain reform momentum to secure economic recovery and ensure it benefits all

A strong commitment to reform and a business-friendly environment have helped Ireland return to robust economic expansion, offering the government an opportunity to heal the scars of the crisis, according to the latest OECD Economic Survey of Ireland.




nee

Finland: Structural reforms needed to boost growth and employment

Finland enjoys a high level of income and well-being, but the economy has weakened and new reforms will be necessary to restart growth, boost productivity increase employment and restore competitiveness, according to the latest OECD Economic Survey of Finland.




nee

Israel’s economy is sound but it urgently needs to address productivity, inequality and poverty

Israel’s economy has strong fundamentals, but the country needs to address productivity, inequality and poverty if it wants to improve well-being and reduce socio-economic divides, according to the OECD’s latest Economic Survey of Israel.




nee

Global economy urgently needs a stronger and more coherent policy response to promote robust and inclusive growth

Policymakers need to deploy broad-based reform plans that incorporate monetary, fiscal, and structural policies to stimulate persistently weak demand, re-launch productivity growth, create jobs and build a more inclusive global economy, according to the OECD’s annual Going for Growth report.




nee

Hungarian economy expanding but reforms needed to boost skills, business investment and incomes

The Hungarian economy has expanded strongly in recent years, helped by robust exports and firm domestic demand. But incomes are among the lowest in the OECD and structural reforms will be needed to sustain growth over the medium term, strengthen business investment and better match skills to labour market needs, according to a new OECD report.




nee

Recovery underway in Denmark, but reforms needed to maintain high living standards and ensure sustainability of social welfare system

Denmark’s economic prospects are improving, but further reforms are needed to maintain the country’s high living standards and ensure the well-being of all citizens, according to a new report from the OECD.




nee

Korea needs new reforms to boost productivity, employment and growth

Korea needs to boost productivity, increase employment and stoke economic activity as part of efforts to reverse current trends toward slower growth and low inflation, according to a new report from the OECD.




nee

New ‘nexus’ approach needed to tackle productivity and inequality challenges, says OECD report

Declining productivity growth and rising inequality are two of the biggest obstacles to improved economic performance, according to a new OECD report.




nee

Global economy stuck in low-growth trap: Policymakers need to act to keep promises, OECD says in latest Economic Outlook

The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook.




nee

Czech Republic needs new reforms to boost productivity and accelerate convergence with the most advanced countries

The Czech Republic needs new reforms to boost productivity, improve economic growth and accelerate convergence toward the levels of income and well-being seen in the most advanced European countries, according to a new OECD report.




nee

Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks

The Canadian economy is adjusting to the fall in commodity prices, but additional policies are needed to boost productivity, reduce financial stability risks and make future growth stronger, greener and more inclusive, according to a new OECD report.




nee

US economy growing steadily but key reforms needed

The US economy is making one of the strongest comebacks in the OECD, but there are risks on the horizon, according to the OECD’s latest Economic Survey of the United States.




nee

Germany’s economic performance is strong but productivity and investment need a boost

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.




nee

MENA countries need structural reforms to spur trade, investment, jobs and trust

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today.




nee

Labour mobility in the European Union: a need for more recognition of foreign qualifications

Labour market mobility in the European Union is increasing, but it remains too low to provide sufficient adjustment in the face of diverging labour market developments.




nee

Mexico: Reforms are starting to bear fruit, but further action is needed to boost productivity and ensure more inclusive growth, OECD says

Ambitious structural reforms and sound macroeconomic policies have strengthened the resilience of the Mexican economy despite a complex national scenario and challenging global conditions, but more can be done to boost productivity and ensure that growth is inclusive enough to achieve better living conditions for all, according to a new report from the OECD.




nee

Portugal needs stronger investment to maintain growth and improve living standards

Portugal’s economy has successfully recovered from the strong recession that lasted until 2014. Nonetheless, the economy’s still low investment, which has declined far more than in other Euro area countries, remains a source of concern.




nee

Growth-oriented policy agenda needed to ensure stronger economic recovery with benefits for all workers and households

Governments must deploy policy packages that take advantage of the synergies between labour, product and financial market reforms to escape the low-growth trap and ensure that benefits are broadly shared by the vast majority of citizens, according to the OECD’s annual Going for Growth report.




nee

Japan needs policies to boost productivity for inclusive growth

Labour productivity in Japan is about a quarter below the average of the top half of OECD countries, which is surprising given Japan's outstanding performance in education and skills and high level of R&D spending.




nee

Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.




nee

Enhancing employability and skills to meet labour market needs in Italy

The various deficiencies of the labour market and the educational system have resulted in high unemployment, low labour force participation, low skills levels and high skill mismatch.




nee

OECD’s Gurría reaffirms need for global cooperation amid progress at G20 Summit

International cooperation is now more critical than ever, OECD Secretary-General Angel Gurría said following a G20 Leader’s Summit marked both by controversy but also advances on a range of policies to tackle global challenges.




nee

Argentina: Further reforms are needed to boost sustainable and inclusive growth

Argentina is making progress in its path to advance its growth agenda. The first OECD Multi-dimensional Economic Survey of Argentina underlines the achievements to date of the government’s recent and comprehensive programme of macroeconomic and structural reforms.




nee

Growth is picking up in Austria but fundamentals need to be strengthened

After several years of subdued growth, economic output accelerated in 2016 supported by a tax reform that entered into force in 2015-16, and more recently a pick-up in international trade.




nee

France: Economy is expanding but reforms needed to maintain benefits and boost jobs

The French economy is expanding, the labour market is recovering – albeit gradually - while productivity and the standard of living remain generally high, according to a new OECD report.




nee

Estonia: Policy action is needed for stronger and more inclusive growth

Estonia: Policy action is needed for stronger and more inclusive growth




nee

As Estonian exporters lead the way, policy needs to adapt

International trade plays an important role in the Estonian economy. Around a half of the private sector employment is sustained by foreign demand, twice as much as the OECD average.




nee

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth




nee

Norway’s economy, a need to ensure policies can cope with upcoming challenges

In its latest Economic Survey for Norway , the OECD underscores the importance of policy facilitating transition away from oil-related activities and helping businesses seize opportunities from digitalisation and globalisation, through providing i) macroeconomic and financial stability, and ii) improvements to structural-policy settings.




nee

United we stand divided we fall: the need for greater inclusiveness in Israel

Today’s excellent outlook offers Israel a unique opportunity to prepare for the challenges of the future which require stronger social cohesion. Israeli society is indeed marked by large inequalities.




nee

Tunisia: New structural reforms needed to revive growth and job creation

The Tunisian economy is recovering, driven by good harvests and strong performance in the tourism sector, but further reforms are needed to ensure sustainable growth and higher living standards for all Tunisians, according to a new report from the OECD.




nee

Further reforms needed for a stronger and more integrated Europe

The European economy is growing robustly, helped by accommodative monetary policy, mildly expansionary fiscal policy and the global acceleration. The current economic expansion should be used to speed up implementation of reforms to the euro area architecture and EU policies that would support greater European integration and ensure stronger, more inclusive long-term growth, according to two new reports from the OECD.




nee

Growth remains buoyant in Turkey but fundamentals need to be strengthened

Despite numerous headwinds and adverse shocks, Turkey's real GDP has grown by more than 34% over the past 5 years, faster than any other OECD country except for Ireland and only slightly less than China and India.




nee

A sustainable European currency needs a common fiscal stabilisation instrument

The euro area sovereign debt crisis has exposed important flaws in the design of the Economic and Monetary Union, especially when it comes to dealing with macroeconomic shocks.




nee

Brazil: better co-ordination needed to support sustained and equitable growth

Brazil’s economic growth has been supported in recent years by important government investment and social programmes that mobilise resources across the country. These programmes could help Brazil to meet its goals of sustaining economic growth and fostering social development, while reducing regional disparities.




nee

Multi-level governance and robust water allocation regimes needed to secure Brazil’s future water needs

The recent droughts in Brazil’s Rio de Janeiro and São Paulo states have exposed the need to shift from crisis management to effective risk governance of the country’s water resources, according to a new OECD report.




nee

Urgent action needed on jobs and governance in the Middle East and North Africa (MENA)

In response to increasing pressure to deliver on growth, jobs and better governance, policy makers from MENA and OECD reiterated their support for measures to strengthen the business climate and governance in the region.




nee

Brazil: better co-ordination needed to support sustained and equitable growth

Brazil’s economic growth has been supported in recent years by important government investment and social programmes that mobilise resources across the country. These programmes could help Brazil to meet its goals of sustaining economic growth and fostering social development, while reducing regional disparities.




nee

OECD report measures human cost of crisis; underlines need to invest in well-being

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.




nee

Trust is all you need... - educationtoday blog

Trust is the glue that holds societies together. It is essential for most social and economic relations. Since the beginning of the economic crisis, OECD countries have been under pressure to restore trust in their institutions, especially in their governments.




nee

Cities need new finance options and better governance to tackle future water risks

Rapid population growth, ageing infrastructure and new weather risks are straining the ability of cities in OECD countries to provide clean water and to protect against floods and droughts, according to a new OECD report. Cities will need large-scale investment and more effective tariffs and taxes to pay for upgrades to water systems.




nee

Ageing in Cities: Cities need to plan ahead for an ageing population

This report shows that cities in advanced economies are growing older more quickly than rural areas. In OECD cities, 14% of people were over 65 in 2011 up from 12% in 2001. The trend will put pressure on cities to rethink some infrastructure and plan for an ageing labour force, change in revenue lower tax revenues, rising demand for social housing and higher spending on health and social care.




nee

More effort needed on government integrity to help restore public trust

Countries need to do more to identify and reduce conflicts of interest and other breaches of integrity to help win back trust in national governments, which surveys suggest remains below pre-crisis levels, according to a new OECD report.




nee

Multi-level governance and robust water allocation regimes needed to secure Brazil’s future water needs

The recent droughts in Brazil’s Rio de Janeiro and São Paulo states have exposed the need to shift from crisis management to effective risk governance of the country’s water resources, according to a new OECD report.




nee

Further reforms needed to tackle growing risk of pensioner poverty

Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before. But future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report.




nee

Political finance needs tighter regulation and enforcement

Many economically advanced countries are failing to fully enforce regulations on political party funding and campaign donations or are leaving loopholes that can be exploited by powerful private interest groups, according to a new OECD report.




nee

Japan will need reforms to ease economic blow of a shrinking workforce

Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD.




nee

MENA countries need structural reforms to spur trade, investment, jobs and trust

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today.