The effective #retirement age is among the lowest in the OECD.
Linking the future statutory retirement age to life expectancy & tightening pathways to early retirement would improve the sustainability of public #pension systems.
Increasing the #employment rates of mothers, together with low-skilled and older workers, will be essential to mitigate the impact of a shrinking workforce.
The low & uneven uptake of #digital technologies of firms presents a challenge for future #productivity growth.
Enhancing research & innovation and digital government services, and deploying reliable digital infrastructure are key to enabling the digital transformation.
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Improving educational outcomes & investing in #skills should remain a priority.
Early childhood #education, better training for teachers, and improved opportunities for vulnerable students would help improve educational performance & equal opportunities.
10/11
Meeting the new ambitious #climate objectives will
require sizeable investment & reductions in #emissions.
Pricing #carbon more coherently is needed to reduce emissions cost-effectively.
1/ #Coronavirus#COVID19 OVID19 to lower already weak 2020 global economic prospects. The sharp slowdown in #China is negatively affecting business travel, tourism, supply chains, commodity markets and consumer confidence. oecd.org/economic-outlo…
2/ Containment measures to prevent the spread of #COVID19 coronavirus are sharply slowing manufacturing and consumption in #China. #OECD
3/ #Coronavirus to take larger toll than 2003 SARs given that #China ‘s economy is now 3x bigger.