OECD economic surveys Estonia, 2019. Estonia, 2019.
Estonia's economy continues to perform well, and growing incomes support well-being. However, the expansion has peaked, and growth is set to soften due to weak international demand. Prudent fiscal policy has resulted in low debt, but spending pressures related to meeting infrastructure needs an...
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| Autor Corporativo: | |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
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Paris :
OECD Publishing
[2019]
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| Colección: | OECD Economic surveys (Series)
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704844506719 |
Tabla de Contenidos:
- Intro
- Basic statistics of Estonia, 2018
- Executive summary
- 1 Key Policy Insights
- Introduction
- A strong economy raises incomes and improves social outcomes
- Public finances are in good shape
- Pro-cyclicality in fiscal policy should be avoided
- Savings should be kept in the second pillar of the pension fund but with higher returns
- The revenue and spending structures are relatively growth friendly
- The banking sector is well capitalised
- Nine wellbeing challenges for the coming decade
- The demographic clock is ticking Flexible life-long learning should be based on people's needs
- Digital user skills could improve
- Boosting adult education and training and increasing business participation
- Smart businesses should become new drivers of growth
- The ICT sector needs to be strengthened
- The right framework conditions, regulations and incentives would spur digitalisation
- Access to finance is crucial to fund the digital transition
- Infrastructure investment is crucial for future productivity growth
- Inequalities have multiple dimensions
- Health is a top development need Ensuring safety and security
- Keeping a clean natural environment
- Smart public governance in cooperation with people
- References
- 2 Seizing the productive potential of digital change
- Productivity needs a boost, and digital technologies can help
- Better utilising productivity potential of advanced digital technologies
- Digital foundations are strong
- Broadband infrastructure is of high quality, but under-utilised by companies
- E-government and core digital infrastructure excel globally
- Security in key digital systems is high, but users should be more aware Estonian companies lag behind peers in the adoption of digital technologies
- The ICT sector is dynamic, but has room for improvement
- Making the most out of skills
- Basic skills form the foundation for the effective use of digital tools
- Digital user skills could be improved
- Specialised ICT skills are concentrated in a small number of companies
- Management skills and high-performing work practices
- Automation and changing skill demands pose challenges
- Boosting digital dissemination in a market-friendly environment
- Regulations are lean, but with some weaknesses Overcoming lack of scale and increasing awareness of digital potential
- Easier access to capital would foster productivity growth through digitalisation
- Innovation and R&D policies to foster digitalisation
- References.
