| Author (Corporate) | Organisation for Economic Co-operation and Development (OECD) |
|---|---|
| Publisher | OECD Publishing |
| Series Title | Policy Brief |
| Series Details | July 2009 |
| Publication Date | July 2009 |
| Content Type | Journal | Series | Blog, Report |
|
Slovenia has achieved a significant economic catch-up toward the OECD average GDP per capita without creating any major imbalances. This catch-up has been set back by the financial turmoil, which poses immediate challenges to economic policy to support the financial sector and economic activity in general. Beyond the crisis, the main goal for policymakers must be to restore sustainable growth within the euro area. Regarding these issues, this Survey makes the following recommendations: Policy measures to support economic activity in the short term should not put fiscal sustainability and real convergence at risk. Achieving fiscal sustainability requires pursuing structural reforms even during bad times. Pension reform is also one of the key measures to increase labour participation. The business environment needs to be enhanced to foster productivity growth. |
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| Source Link | Link to Main Source http://www.oecd.org/dataoecd/2/17/43039695.pdf |
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| Countries / Regions | Slovenia |
