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OECD Reviews of Labour Market and Social Policies: Latvia 2016

Latvia has undergone major economic and social change since the early 1990s. Despite an exceptionally deep recession following the global financial crisis, impressive economic growth over the past two decades has narrowed income and productivity gaps relative to comparator countries in the OECD. But...

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Bibliographic Details
Corporate Author: Organisation for Economic Co-operation and Development
Format: eBook
Language:English
Published: Paris OECD Publishing 2016
Series:OECD Reviews of Labour Market and Social Policies
Subjects:
Employment
Social Issues/migration/health
Latvia
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
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505 0 |a Reinforcing Latvia's active social policies -- Responding to the decline of Latvia's population -- Acronyms and abbreviations -- Assessment and recommendations -- A more productive labour force in Latvia -- Foreword -- A volatile economy heightens Latvia's social challenges -- Executive summary 
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520 |a Latvia has undergone major economic and social change since the early 1990s. Despite an exceptionally deep recession following the global financial crisis, impressive economic growth over the past two decades has narrowed income and productivity gaps relative to comparator countries in the OECD. But Latvians report low degrees of life satisfaction, very large numbers of Latvians have left the country, and growth has not been inclusive. A volatile economy and very large income disparities create pressing needs for more effective social and labour-market policies. The government's reform programme rightly acknowledges inequality as a key challenge. However, without sustained policy efforts and adequate resources, there is a risk that productivity and income growth could remain below potential and social cohesion could be further weakened by high or rising inequality 

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