Reading Time: 6 minutesPopulation ageing should increase government revenue, but not enough to outweigh the higher public spending. Cutting spending and raising taxes would be needed to keep debt stable.
Reading Time: 5 minutesEnergy expenditures in OECD economies increased rapidly in 2022, raising the risk of widespread recessions among advanced economies.
Reading Time: 4 minutesAfter a large drop in the first half of 2020, Finland regained its pre-COVID-19 GDP level by mid-2021. Policies to support incomes during and after the pandemic contributed to the powerful economic rebound. However, Russia’s war of aggression against Ukraine has boosted inflation, slashing household spending power and consumer confidence.
Reading Time: 5 minutesAchieving Paris Agreement goals demands a step change in the assessment and comparison of mitigation polices to bolster trust and international policy coordination.
Reading Time: 3 minutesIn recent decades, Ireland made impressive strides in developing its economy and raising living standards. However, structural reforms remain key to prepare for Ireland’s future fiscal pressures due to rising ageing costs, and the need to ensure adequate supply of affordable housing and enable a sustainable green transition.
Reading Time: 4 minutesHigher and broader-based carbon prices will result in significant emission cuts and revenue but will not by themselves deliver the transition to net zero.
Reading Time: 4 minutesSi bien las perspectivas en América Latina para 2022 mantienen un tono positivo, las perspectivas son menos optimistas para los próximos dos años.
Reading Time: 4 minutesÁlvaro Santos Pereira, Interim-Chefvolkswirt der OECD Die Weltwirtschaft wird momentan durch die schwerste Energiekrise seit den 1970er Jahren erschüttert. Dieser… Read More »Die Krise bewältigen
Reading Time: 4 minutesLuxembourg has weathered the twin shocks of the pandemic and the energy crisis provoked by Russia’s war against Ukraine. By the end of this year, we forecast GDP will be over 8% higher than in 2019. Its key policy issue is to support current and future citizens’ well-being by addressing the country’s long-term challenges.
Reading Time: 5 minutesRationing and solidarity can serve as last resort, but energy must be saved across all sectors of the economy in the face of Russian gas exports cuts.