Renouf Publishing Co. Ltd.
embedded image
Renouf
Online Bookstore

 
Quick Search
for: 
in 
 
Advanced search
F.A.Q.
Featured books
New in print
Best Sellers
President's picks

Shopping cart/Checkout  [0]
Sign-up for eUpdates
OECD Economic Surveys: Hungary 2021
Series:OECD Economic Surveys: Hungary
ISBN 9789264528123
Publication year: 2021

Cdn: $87.00; US: $60.00
Paperback
Language: English
122 pages
Add to cart
The COVID-19 pandemic interrupted the strong economic growth performance in 2016-19, which entailed large increases in employment and real incomes, and the lowest unemployment rate in thirty years. The swift vaccination rollout allows a faster recovery from the pandemic from mid-2021 onwards. However, the strength of the recovery is uncertain, reflecting the potential scarring of the economy arising from the prolonged crisis. Looking further ahead, population ageing will lead to a smaller and older workforce, reinforcing the need for improving the productivity performance of the economy to restore the impressive employment and income gains achieved before the pandemic. In the near‑term, underutilised labour resources, such as low‑skilled workers, need to be mobilised through higher labour mobility and skills upgrading. Thereafter, maintaining productivity growth requires improved vocational and tertiary education, more competitive markets, and faster adoption of new technologies, particularly to accelerate the digital transformation of the economy. These policies should be implemented alongside measures to promote green growth and prepare public finances for the long-term fiscal challenges associated with population ageing.

SPECIAL FEATURE: FOSTERING PRODUCTIVITY FOR A STONGER AND SUSTAINED RECOVERY

OECD’s periodic surveys of the Hungarian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.
OECD Economic Surveys: Hungary 2021
Cdn: $87.00; US: $60.00
Standing Orders Accepted
OECD - in English BookID: 128834 Added: 2021.9.17