Assessment and recommendations
I. Recent macroeconomic developments and medium-term issues
-Recent macroeconomic performance and the short-term outlook
-Medium-term challenges
-Improving economic performance requires fiscal consolidation
II. Fiscal policy: sustaining consolidation via public sector reform
-Fiscal policy under heterogeneous priorities
-Issues in public sector reform
III. Issues in fostering labour force participation and employment
-Reducing hurdles to labour force participation
-Reducing the costs of employment
-Strengthening education
IV. Product market competition and macroeconomic performance
-The scope for competition enhancing policies
-Policies and other forces acting on competition via international trade
-Competition law and enforcement
-Regulatory policies
-Overall assessment and scope for further action
V. Some aspects of sustainable development
-Climate change
-Improving the management of household waste
-Helping developing countries to move to a sustainable development path
-Bibliography