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Executive Summary
1 Key Policy Insights
Introduction
The economy requires substantial macroeconomic policy support
The Czech Republic is experiencing a strong second wave of the coronavirus pandemic
The economy contracted sharply
The recovery will take time and is shrouded by uncertainty
Considerable policy space permits continued support if needed
Monetary policy has room to ease further if needed
Further fiscal policy support is needed
Providing effective support to labour and capital reallocation
Improving fiscal sustainability over the long term
Ageing threatens fiscal sustainability
Reforming the tax system to better support the recovery and future growth
Addressing corruption to raise the effectiveness of public spending
Policies to raise productivity and restart investment
Fostering R&D, innovation and improving the business environment
Accelerating green growth
Countering the adverse environmental impacts of urban sprawl
Increasing labour market participation and building skills
Bringing more mothers to the labour market
Making education and skills more inclusive and better adapted to a changing labour market
References

이용현황보기

OECD economic surveys : Czech Republic. 2020 이용현황 표 - 등록번호, 청구기호, 권별정보, 자료실, 이용여부로 구성 되어있습니다.
등록번호 청구기호 권별정보 자료실 이용여부
0002823640 R 330.94371 O68o 2020 서울관 서고(열람신청 후 1층 대출대) 이용가능
0002886621 R 330.94371 O68o 2020 부산관 서고(열람신청 후 2층 주제자료실) 이용불가

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The Israeli economy was performing well before the COVID-19 shock but the pandemic is threatening to reverse some of Israel's recent economic achievements, raise poverty and exacerbate wide productivity disparities between its vibrant high-tech sector and lagging sheltered sectors. Lockdown measures and high uncertainty have led to a sharp contraction in output and reduced employment. In this environment, macroeconomic policy needs to remain supportive and flexible to adapt to the evolving health situation. Enhancing training and job search support is crucial to help laid-off workers transition to new jobs quickly and avoid long-lasting negative economic effects. Structural reforms and additional public investment to improve educational outcomes, boost infrastructure and foster product market competition are key to strengthening the recovery. Reducing wide differences in resources between municipalities will promote equal opportunities for everyone. Tax reforms to further strengthen in-work benefits, cut inefficient tax expenditures, reduce distortions created by the business and property tax system and better align taxes with environmental externalities will make the recovery more inclusive and sustainable, while generating additional revenues.

SPECIAL FEATURES: REDUCING MUNICIPAL DISPARITIES; TAXATION

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