OECD economic surveys Lithuania 2016 : economic assessment
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| Autor Corporativo: | |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris, [France] :
OECD Publishing
2016.
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| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706824806719 |
Tabla de Contenidos:
- Table of contents; Basic Statistics of Lithuania, 2014; Executive summary; Productivity growth has resumed after every crisis; Figure: Labour productivity gap to OECD (%); The convergence process has not been inclusive enough; Figure: Income inequality; The economy is volatile; Figure: GDP growth; Table: Main Findings and Key Recommendations; Assessment and recommendations; Figure 1. The economy has been volatile but also resilient to shocks; Figure 2. Emigration has been high and the working age population is declining; Growth is projected to gain momentum despite weak external conditions
- Figure 3. There is scope to be more inclusiveTable 1. Macroeconomic Indicators and Projections; Figure 4. Short term economic indicators; Box 1. Potential shocks not factored into the outlook; Fiscal and financial policies to support the economy; Strengthening long-term fiscal sustainability and growth; Box 2. Long term costs related to ageing and sustainability of the pension system; Figure 5. The fiscal position is strong; Figure 6. VAT non-compliance is high; Box 3. Measures taken to fight tax evasion; Ensuring financial stability and the investment recovery
- Box 4. Macro-financial frameworkFigure 7. The financial sector has swiftly recovered; Figure 8. The banking sector is less dependent on parent banks loans; Figure 9. Investment has not recovered since the crisis; Enhancing energy efficiency; Figure 10. Environmental challenges remain high; Recommendations for fiscal and financial policies to support the economy; Boosting productivity to accelerate convergence; Figure 11. Productivity has benefitted from both within-sector advances and between sector reallocation; Policies for better resource allocation
- Figure 12. Lithuanian industry finds the education of the labour force inadequatePromoting within-firm productivity growth; Figure 13. Some productive Lithuanian firms face difficulty accessing finance; Table 2. Firm level innovation in Lithuania is low; Figure 14. Business R&D intensity is very low; Figure 15. FDI and participation in Global Value Chain are low; Figure 16. Lithuania's regulatory framework is open to trade; Figure 17. The quality of Lithuanian infrastructure could be improved; Figure 18. High skilled emigration has reduced Lithuania's pool of human capital
- Figure 19. Poor basic skills partly reflects low participation in early childhood educationFigure 20. Teacher salaries are low and there is scope for improving quality assurance; Figure 21. The student-teacher ratio is relatively low and likely to further decline; Recommendations for boosting productivity; Promoting an inclusive labour market; Providing more and better jobs for all; Figure 22. Employment protection legislation is stricter than the average of OECD countries; Figure 23. Unemployment rate for low-skilled is high
- Figure 24. Underinvestment in skills contributes to poor jobs quality
