Estonia grew faster than most emerging market economies during 2000-07, but it is now in a severe recession. This first edition of OECD's periodic review of Estonia's economy includes chapters covering getting back to a sustainable growth path, fiscal policy, labour market reform, housing policy, and the the business environment.
Tables des matières:
Executive Summary Assessment and Recommendations Chapter 1. Getting Back to a Sustainable Growth Path is the Key Policy Challenge -The current economic situation is the most challenging since the early 1990s.
-Medium-term prospects remain favourable, but hinge on reforms --Challenges ahead - bringing Estonia back onto a high sustainable growth path -Annex 1.A1. A Growth Accounting Exercise for Estonia -Annex 1.A2. A Shock Synchronisation between Estonia and the Euro Area.
Chapter 2. Removing the Pro-Cyclical Bias of Fiscal Policy -Trends in fiscal policies and outcomes -Modifying the current fiscal rule - increasing flexibility without jeopardising sustainability Chapter 3. Strengthening Financial Stability while Reducing Distortions in the Housing Market -After a boom, the housing market is experiencing a sharp downturn -High indebtedness has made households vulnerable to adverse shocks -Avenues to reduce households' vulnerability to interest rate increases -Fiscal policies contributing to increased housing demand and house prices -Housing policies to address social imbalances -Annex 3.A1. Explaining House Price Developments in Estonia Chapter 4. Increasing Flexibility and Reducing Segmentation of the Labour Market -The labour market: outcomes and challenges ahead -Making labour market institutions more flexible -Integrating ethnic non-Estonians and foreign workers into the labour market -Annex 4.A1. Model of Reforming Labour Market Institution: Application to Estonia -Annex 4.!2. Current Labour Market Institutions in Estonia Chapter 5. Enhancing the Business Environment to Foster Productivity -Estonia's framework conditions mostly support a well-functioning business environment -E-government plays a key role -Catch-up has been fast, but a gap with the productivity level of advanced OECD countries remains -The tax system could do more to support investment, innovation, and entrepreneurship -Product market regulatios facilitate competition, but some aspectts call for further reforms -Effectiveness of policies supporting innovation and entrepreneurship could be enhanced -Private sector development in poorer regions should be encouraged -Summing up
Il n'y a pas encore de discussion sur ce livre
Soyez le premier à en lancer une !
Dans ce recueil de 13 nouvelles, la jeune autrice mexicaine frappe fort mais juste
Une fiction historique glaçante et inoubliable, aux confins de l’Antarctique
Découvrez les derniers trésors littéraires de l'année !
"On n'est pas dans le futurisme, mais dans un drame bourgeois ou un thriller atmosphérique"
