Policies for stronger productivity growth in Latvia:
Latvia's productivity growth is held back by weak innovation and inefficient resource allocation. The shortage of skilled workers which constrains innovation and the adoption of digital technologies must be addressed through further alignment of vocational and tertiary education with labour mar...
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| Main Author: | |
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| Other Authors: | , , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2019
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| Series: | OECD Economics Department Working Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | Latvia's productivity growth is held back by weak innovation and inefficient resource allocation. The shortage of skilled workers which constrains innovation and the adoption of digital technologies must be addressed through further alignment of vocational and tertiary education with labour market demand. Strengthening the innovation ecosystem by improving the quality of research and collaboration between firms and research institutions would help to diffuse digital technologies more widely across the economy. Fighting widespread informality, improving the low debt recovery through a more efficient insolvency regime, and reducing substantial state ownership would improve the allocation of resources. Latvia also relies heavily on EU funds to finance its important structural policies. The continuity of the most effective EU funded policy instruments needs to be ensured in the medium term, by integrating them into the national budget. This Working Paper relates to the 2019 OECD Economic Survey of Latvia (http://www.oecd.org/economy/surveys/latvia-economic-snapshot/) |
| Physical Description: | 1 Online-Ressource (50 Seiten) |
| DOI: | 10.1787/fe4ffc2b-en |
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| spelling | Yashiro, Naomitsu Verfasser aut Policies for stronger productivity growth in Latvia Naomitsu Yashiro ... [et al] Paris OECD Publishing 2019 1 Online-Ressource (50 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Latvia's productivity growth is held back by weak innovation and inefficient resource allocation. The shortage of skilled workers which constrains innovation and the adoption of digital technologies must be addressed through further alignment of vocational and tertiary education with labour market demand. Strengthening the innovation ecosystem by improving the quality of research and collaboration between firms and research institutions would help to diffuse digital technologies more widely across the economy. Fighting widespread informality, improving the low debt recovery through a more efficient insolvency regime, and reducing substantial state ownership would improve the allocation of resources. Latvia also relies heavily on EU funds to finance its important structural policies. The continuity of the most effective EU funded policy instruments needs to be ensured in the medium term, by integrating them into the national budget. This Working Paper relates to the 2019 OECD Economic Survey of Latvia (http://www.oecd.org/economy/surveys/latvia-economic-snapshot/) Economics Latvia Klein, Caroline ctb Rastrigina, Olga ctb Thiemann, Ania ctb https://doi.org/10.1787/fe4ffc2b-en Verlag kostenfrei Volltext |
| spellingShingle | Yashiro, Naomitsu Policies for stronger productivity growth in Latvia Economics Latvia |
| title | Policies for stronger productivity growth in Latvia |
| title_auth | Policies for stronger productivity growth in Latvia |
| title_exact_search | Policies for stronger productivity growth in Latvia |
| title_exact_search_txtP | Policies for stronger productivity growth in Latvia |
| title_full | Policies for stronger productivity growth in Latvia Naomitsu Yashiro ... [et al] |
| title_fullStr | Policies for stronger productivity growth in Latvia Naomitsu Yashiro ... [et al] |
| title_full_unstemmed | Policies for stronger productivity growth in Latvia Naomitsu Yashiro ... [et al] |
| title_short | Policies for stronger productivity growth in Latvia |
| title_sort | policies for stronger productivity growth in latvia |
| topic | Economics Latvia |
| topic_facet | Economics Latvia |
| url | https://doi.org/10.1787/fe4ffc2b-en |
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