Economic Policy Reforms 2013
Going for Growth
Going for Growth is the OECD’s annual report highlighting developments in structural policies in OECD countries. It identifies structural reform priorities to boost real income for each OECD country and key emerging economies (Brazil, China, India, Indonesia, Russia and South Africa). The Going for Growth analysis also regularly takes stock of reform implementation in all the countries covered.
This report provides internationally comparable indicators that enable countries to assess their economic performance and structural policies in a wide range of areas. Each issue also has several thematic studies.
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Hungary
Closing of the income gap vis-à-vis the upper half of OECD countries had stopped before the global recession. The gap reflects a large shortfall in productivity. Overall labour resource utilisation is comparable to the most affluent OECD countries, but significantly higher average hours worked are offset by one of the lowest participation rates in the OECD.
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