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For many years now, a growing number of economists, policy makers, and civil society groups have pointed to the limits of using only GDP as the primary measure of national economic progress. Accordingly, a progressively greater focus has been placed on the concept of well-being and its optimal...
Persistent link: https://www.econbiz.de/10012630297
Switzerland has a well-functioning labour market with low unemployment, a highly skilled workforce and well-paid jobs. It has proved resilient during the COVID-19 crisis, helped by extensive government support to employment and incomes. As activity recovers, the authorities face the challenge of...
Persistent link: https://www.econbiz.de/10013278629
Le système éducatif français a des performances partagées. Les bons résultats généraux de l’éducation pré-scolaire et élémentaire contrastent avec des universités publiques sous-financées où le taux d’abandon est élevé alors que coexistent, parallèlement, des institutions...
Persistent link: https://www.econbiz.de/10012441947
With inputs of labour and capital slowing, sustaining high growth rates in Korea will increasingly depend on total factor productivity gains, which are in turn driven to a large extent by innovation. While a number of Korean firms are at the world technology frontier in areas such as ICT, the...
Persistent link: https://www.econbiz.de/10012444330
Despite some weakening in the 1990s, partly due to sluggish trend growth, the Swiss innovation performance has been very strong. There are, however, areas in which policy reforms could strengthen innovation further and help Switzerland maintain its lead in the face of a changing global...
Persistent link: https://www.econbiz.de/10012444570
Impressive progress has been made in raising participation in early childhood education as well as tertiary educational attainment over the past 30 years. However, the inflow of poorly educated youth into the labour market is unusually heavy for a high-income country, largely on account of high...
Persistent link: https://www.econbiz.de/10012444733
Over the past decade, Portugal has experienced imbalances and inefficiencies in the public sector that have impeded better economic performance. Though Portugal’s total spending as a proportion of GDP is somewhat below the EU average, the rapid and uncontrolled growth of its primary current...
Persistent link: https://www.econbiz.de/10012445112
Improving education outcomes is vital for achieving convergence with GDP per capita levels in Western European countries and for reducing income inequality. While some education outcomes are favourable, such as the low secondary-school drop-out rate, others have room for improvement: education...
Persistent link: https://www.econbiz.de/10012445236
The Chilean authorities plan to raise budgetary allocations over the medium term for a variety of social programmes, including education, health care and housing. This incremental spending will need to be carried out in a cost-efficient manner to make sure that it yields commensurate...
Persistent link: https://www.econbiz.de/10012445395
The French education system has a mixed record. A generally very successful pre-school and primary school level contrasts with underfunded public universities with high dropout rates which exist alongside very successful higher education institutions for elites. Initial education, especially...
Persistent link: https://www.econbiz.de/10012445499