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  • 12-April-2018

    English, PDF, 232kb

    Taxation Household Savings: Key findings for Latvia

    This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system

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  • 7-March-2018

    English

    OECD Reviews of Pension Systems: Latvia

    This report assesses the performance of all components of Latvia's pension system. Latvia was the first country to fully implement a non-financial (notional) defined contribution (NDC) scheme in 1996. A funded mandatory earnings-related scheme complemented NDC since 2001. Voluntary private pensions cover only limited number of people. Over the last 20 years, the severe economic crisis, population ageing and strong emigration have revealed both strengths and weaknesses of the Latvian pension system. The review assesses also the minimum and basic pension schemes which provide the first-layer of protection against the old age poverty especially for those with short or patchy careers. Separate analysis focuses on the disability and early retirement schemes, including the schemes for workers in arduous and hazardous occupations. The detailed analysis leads to tailored recommendations on how to improve the performance of each element as well as the pension system as a whole.
  • 27-November-2017

    English

    Moving up the global value chain in Latvia

    Stronger integration in global value chains would speed up economic convergence to advanced OECD economies and raise living standards.

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  • 23-November-2017

    English

    Latvia: Country Health Profile 2017

    This report looks at the state of health in Latvia.
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  • 22-November-2017

    English

    OECD Science, Technology and Industry Scoreboard 2017 - highlights by country

    These notes present selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.

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  • 5-October-2017

    English

    Boosting economic opportunities and wellbeing in Latvia: why housing matters

    Unemployment is still above 8% in Latvia and contributes to poverty, in part because many unemployed have been without a job for an extended period of time.

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  • 29-September-2017

    English, PDF, 354kb

    Latvia Policy Brief: Strengthening the education and skills system of Latvia

    Concerted efforts are necessary to ensure equal opportunities for all students throughout the education lifecycle, including through more generous and targeted grants for low-income students at vocational and tertiary education levels.

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  • 29-September-2017

    English, PDF, 343kb

    Latvia Policy Brief: Promoting better access to care while delivering health care more effectively

    Within a context of lower resources and higher health needs than in many OECD countries, Latvia’s health system delivers relatively efficient and effective care to the population, however, existing financial and geographical barriers to care are important drivers of unmet health care needs.

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  • 25-September-2017

    English

    Latvia: time to reboot inclusive productivity growth

    Latvia’s economy is growing strongly. Driven by the recovery of exports and investment as well as strong private consumption, real GDP growth is expected to strengthen from 2% in 2016 to around 4% this year and next.

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  • 20-March-2017

    English

    Corporate Governance in Latvia

    The Review of Corporate Governance in Latvia was prepared as part of the process of Latvia’s accession to OECD Membership. The report describes the corporate governance setting for both listed companies and the state-owned sector (SOEs). The Review then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented. The report finds that Latvia's framework for the corporate governance of listed companies is largely consistent with the Principles. However, the report recommends a series of measures to further strengthen the corporate governance framework, which could help to deepen its currently small capital market and attract investment. For SOEs, the report recognises considerable reforms undertaken during the accession review process to establish an ownership co-ordination unit and to begin re-establishing boards of directors (which had been abolished in 2009). The report calls for consolidation of these reforms and also stresses the importance of clarifying SOE objectives and strategies, and enhancing disclosure.
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