IDEAS home Printed from https://ideas.repec.org/p/oec/ecoaaa/1529-en.html
   My bibliography  Save this paper

Boosting productivity and inclusiveness in Lithuania

Author

Listed:
  • Vassiliki Koutsogeorgopoulou
  • Demetrio Guzzardi

Abstract

Productivity growth in Lithuania has slowed in the aftermath of the global financial crisis,holding back income convergence and making it harder to reduce further the relatively highinequality and poverty. A comprehensive approach is required to address productivity andinclusiveness challenges, building on their synergies. The government has taken measuresto this end, with the New Social Model at the core, but efforts need to continue. Reformsshould focus on additional improvements in the business environment by easing furtherregulations on the employment of non-EU workers and reducing informality. Initiatives toimprove the governance of state-owned enterprises are welcome and need to continue.Improving access to finance and ensuring effective bankruptcy procedures are key toboosting firm dynamism, as are measures to encourage business-research sectorcollaboration on innovation. Addressing large skills mismatch is also a priority. Increasingthe market-relevance of the education system is important. More and better-quality jobs inthe formal sector, especially for the low-skilled, are key to inclusiveness and well-being,while more effective support and active labour market programmes would help combatingpoverty.This Working Paper relates to the 2018 OECD Economic Survey of Lithuania(www.oecd.org/eco/surveys/economic-survey-ireland.htm)

Suggested Citation

  • Vassiliki Koutsogeorgopoulou & Demetrio Guzzardi, 2018. "Boosting productivity and inclusiveness in Lithuania," OECD Economics Department Working Papers 1529, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:1529-en
    DOI: 10.1787/1099017a-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/1099017a-en
    Download Restriction: no

    More about this item

    Keywords

    benefits; education; employment protection legistation; financing productivity; inclusiveness; inequality; innovation; Lithuania; poverty; skills mismatch;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:1529-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/edoecfr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.