Canada: five messages from the latest OECD Economic Survey
The latest Economic Survey finds Canada needs to tame inflation, further build fiscal buffers,
strengthen productivity and prioritise the green transition.
The latest Economic Survey finds Canada needs to tame inflation, further build fiscal buffers,
strengthen productivity and prioritise the green transition.
After 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.
Achieving Paris Agreement goals demands a step change in the assessment and comparison of mitigation polices to bolster trust and international policy coordination.
Higher and broader-based carbon prices will result in significant emission cuts and revenue but will not by themselves deliver the transition to net zero.
Productivity gaps fuel inequalities and a race to win a golden ticket.