OECD economic surveys Latvia 2015.
This OECD Economic Survey of Latvia examines recent economic developments, policies and prospects. Special chapters cover improving public sector efficiency and raising productivity.
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
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Paris, [France] :
OECD
2015.
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| Colección: | OECD Economic surveys (Series)
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| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706201206719 |
Tabla de Contenidos:
- Table of contents; Basic statistics of Latvia, 2013; Executive summary; Main findings; Key recommendations; Assessment and recommendations; Figure 1. The gap in GDP per capita remains wide; Figure 2. Well-being indicators suggest a large scope for catching up; A volatile economy; Figure 3. The economy is highly volatile; Strong recovery clouded by weakening regional prospects; Figure 4. Main short and medium-term economic indicators; Figure 5. Debt is being significantly reduced; Figure 6. Credit is falling; Table 1. Macroeconomic indicators and projections
- Limiting the risk of repeated boom and bust cyclesThe macroeconomic policy framework has been improved; Supervision adapted to the particular features of the financial sector; Table 2. Main prudential indicators in the Latvian banking sector; Recommendations to limit the risk of repeated boom-bust cycles; Improving public sector efficiency for more inclusive growth; Figure 7. Income inequality is among the highest compared with OECD countries; Table 3. Components of public spending, 2012; Increasing the efficiency of public spending in the short and long term
- Making the tax system more progressive and employment friendlyFigure 8. The tax wedge on low-income earners is set to remain high; Figure 9. Improved tax collection offers revenue potential; Recommendations to improve public sector efficiency; Raising productivity and ensuring robust convergence; Figure 10. Latvia is less competitive than its peers; Cutting red tape; Figure 11. Product Market Regulation is more restrictive than in the average OECD country; Strengthening competition enforcement; Improving judicial processes; Reducing energy intensity and dependency
- Figure 12. Energy intensity is highFigure 13. Greenhouse gas emissions intensity is above the OECD average; Deepening skills and innovation; Figure 14. Employment rates differ widely by educational level; Figure 15. Participation in lifelong learning is low; Figure 16. R&D expenditure is among the lowest compared with OECD countries; Recommendations to raise productivity and ensure robust convergence; Bibliography; Annex. Selected policy indicators; Figure A1. Product Market Regulation (PMR) and FDI Regulatory Restrictiveness Index
- Figure A2. OECD indicators on Employment Protection Legislation (EPL)Figure A3. Student performance and equity; Figure A4. Science and innovation indicators; Figure A5. Environmental indicators; Figure A6. Public spending; Figure A7. Income redistribution; Thematic chapters; Chapter 1. Improving public sector efficiency for more inclusive growth; Introduction; Establishing a budget framework for long-run growth and stability; Figure 1.1. General government debt and bond yields; Ensuring effective rules-based budgeting; Box 1.1. Fiscal Discipline Law and Fiscal Council
- Figure 1.2. Relationship between debt ratios and bond yields
