by Nicola Brandt, Polish Desk, OECD Economics Department In 2016 the Polish government introduced a large new child benefit, called “Family 500+”, with the aim to increase fertility from a low level and reduce child poverty. The benefit is universal for the second and every further child and means-tested for the first child. It more … More Child benefits and female labour supply – the case of Poland
by Nicola Brandt and Pierre Guérin, Poland Desk, OECD Economics Department The Polish economy is in a strong position. Economic growth reached 4.6% on average in 2017 and the OECD expects it to continue at around 4% over 2018/19. A good external environment, with a solid recovery in the euro area, and the child benefits … More Towards an innovative and inclusive economy in Poland
By Gabriel Machlica and Claude Giorno, Israel Desk, Economics Department Inequality and relative poverty in Israel remain high, particularly among Arab-Israelis and Haredim (Ultra-Orthodox). Israel’s social policy follows a “welfare-to-work” approach to tackle poverty in order to avoid measures that may harm work incentives among the Haredi, who value the time dedicated to religious studies, … More The key to breaking cycle of poverty in Israel lies in education
By Álvaro Pereira, OECD Acting Chief Economist The global economic expansion is strengthening. Global growth is projected to increase from 3.7% in 2017 to around 4% in 2018 and 2019 in our latest Interim Economic Outlook. In many advanced and emerging G-20 economies, the growth prospects for the next two years have improved. Global trade … More Getting stronger, but tensions are rising
By Claude Giorno and Gabriel Machlica, Israel Desk, Economics Department The Israeli economy is strong. The country is enjoying its 15th consecutive year of growth, with GDP increasing on average by 4.0% annually since 2003, i.e. faster than nearly any other OECD country. Unemployment is at historically low level, and the average standard of living … More United we stand divided we fall: the need for greater inclusiveness in Israel
By Ben Westmore and Yosuke Jin, Ireland Desk, Economics Department The Irish economy is booming and is expected to continue expanding at healthy rates over the next few years. But as the 2018 OECD Economic Survey of Ireland highlights, the outlook is clouded with uncertainty. Brexit could have serious implications for the Irish economy given … More How do you improve the durability of a Celtic Tiger?
By Falilou Fall, Head of South Africa Desk, OECD Economics Department Growth is recovering but inequality remains persistent. Growth is projected to reach 1.5% in 2018 after many years below one percent or negative in per capita terms. Low growth and high unemployment have adversely affected the well-being of South Africans. Since 2010, inequality, measured … More South Africa: it is time to rekindle the economy
By Christophe André and Jon Kristian Pareliussen, OECD Economics Department After a long period of lacklustre economic performance, robust growth has resumed. The Finnish economy suffered a series of sizeable adverse shocks alongside the global financial and economic crisis, facing major difficulties in the electronic and forest industries, in addition to a severe recession in … More Finland: growing and reforming, but no time for complacency
By Jens Arnold and Alberto González Pandiella Over the past two decades, strong growth combined with remarkable social progress has made Brazil one of the world’s leading economies. However, Brazil remains a highly unequal country, recent corruption allegations have revealed significant challenges in economic governance and the situation of its fiscal accounts is challenging with … More Towards a more prosperous and inclusive Brazil
By Jon Kristian Pareliussen, Economist, OECD Economics Department “If you don’t know where you are going, you might wind up someplace else.” – Yogi Berra Many Finns seem to agree that the social welfare system should be reformed, but there is no agreement as to which form such change should take. Recognising that the decades-long … More Why would a universal credit be better than a basic income for Finland?