help to raise productivity growth. A comprehensive immigration strategy could help to address specific skill shortages,” commented the OECD.
“ Improving regulation and reforming the
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capacity remains low. Polish firms, it said,“ are half as likely to introduce product and business innovations than their EU counterparts.” Generous subsidies for R & D exist, it highlighted, |
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governance of state-owned enterprises could help boost competition and sustain continued productivity growth. Regulatory barriers to competition in services and network sectors should be lowered and the insolvency framework strengthened. State ownership remains important. Governance of stateowned enterprises should be better aligned with OECD guidelines. Adopting a national strategy for public integrity and strengthening |
Volkswagen factories in Poland. |
and their impact should be monitored and evaluated to maximise their effectiveness.
“ Persistent skill shortages, driven by workforce ageing, are a constraint on continued productivity growth. While this has been partly offset by rising labour market participation and migration, there is scope to further boost the labour supply among older workers and women. More widespread upskilling of workers and entrepreneurs would
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the implementation of the framework would improve the business environment,” it continued.
It pointed out that, despite rising private R & D investments, innovation
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be welcome. Immigration could help alleviate skill shortages, but a comprehensive migration strategy( including a focus on integration policies) will be needed,” concluded the OECD. n |