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Strengthening public finances as a pillar of prosperity in the Slovak Republic

Reading Time: 4 minutes

The Slovak Republic’s public debt is on track to rise from 61% of GDP in 2025 to over 100% of GDP by 2040 without further action. Consolidation should rely mainly on expenditure control and a strengthened fiscal framework. Crucially, fiscal adjustment should be combined with structural reforms that raise employment: doing so halves the fiscal consolidation required to reduce debt while boosting growth.

by Boris Cournède, OECD Economics Department

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Keeping cool: adapting France to a hotter climate and increasing climate-related risks

Reading Time: 4 minutes

The recent, and recurrent, heatwaves across France and Europe are a reminder that climate change is already affecting people’s health, businesses’ productivity and the country’s infrastructure. Strengthening prevention will be essential to limit losses, but adaptation must go hand in hand with faster emissions reductions.

by Nikki Kergozou, OECD Economics Department

Read More »Keeping cool: adapting France to a hotter climate and increasing climate-related risks

Dalla resilienza alla crescita sostenuta: come l’Italia può fare leva sul PNRR per affrontare le sfide future

Reading Time: 6 minutes

L’economia italiana ha dimostrato una notevole resilienza di fronte ai principali shock esterni di questo decennio, ma i redditi sono cresciuti meno che in altri  Paesi dell’OCSE e nuove e significative sfide si profilano all’orizzonte. L’Indagine Economica OCSE sull’Italia 2026 delinea le priorità per affrontarle, rafforzare le finanze pubbliche e aumentare la produttività e i redditi.

Tim Bulman and Emilia SoldaniOECD Economics Department

English version

Read More »Dalla resilienza alla crescita sostenuta: come l’Italia può fare leva sul PNRR per affrontare le sfide future

United Kingdom: Rebuilding fiscal space amid rising spending pressures

Reading Time: 3 minutes

Rising spending demands from population ageing, healthcare, the climate transition and defence are placing growing pressure on the UK’s public finances. Rebuilding fiscal space will require a combination of fiscal discipline and structural reforms that strengthen growth and support fiscal sustainability.

Nicolas Gonne and Daniela Glocker, OECD Economics Department

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Steering the next phase of the Slovak Republic’s economic convergence

Reading Time: 2 minutes

Slovakia’s successful export‑driven growth model is under pressure from global shifts, technological change, and a weakening productivity trend. Sustaining convergence will require structural reforms to improve the business climate, boost innovation, and address skills gaps.

By Erik Frohm, OECD Economics Department

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Unwinding global imbalances

Reading Time: 3 minutes

Current account imbalances are back at the centre of global policy debates, as persistent surpluses and deficits interact with trade tensions and external vulnerabilities. This blog shows that imbalances mainly reflect differences in saving behaviour, and that reducing them will require tailored domestic reforms in both deficit and surplus economies.

By Erik Frohm, John Hooley, Fatih Ozturk, Łukasz Rawdanowicz and Nivetha Sivakumar, OECD Economics Department

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Beyond the Strait: What Daily Inflation Indicators Reveal About Commodity Price Pass-Through

Reading Time: 4 minutes

The escalation of conflict in the Middle East caused a spike in commodity prices that quickly fed into higher global inflation. A recent moderation in commodity prices has caused some subsequent easing in consumer price inflation in many economies. These dynamics are well captured by high-frequency daily price indicators using web-scraping software.

By Patrice Ollivaud and Ben Westmore, OECD Economics Department

Read More »Beyond the Strait: What Daily Inflation Indicators Reveal About Commodity Price Pass-Through