Economic Policy Reforms 2014 Going For Growth Interim Report

in the policy areas identified as priorities for growth This chapter reviews the main growth challenges faced by OECD and major non-OECD countries and takes stock of the progress made since 2012 in the adoption and implementation of structural policy reforms to address these challenges. Progress is assessed on the basis of actions taken in response to Going for Growth policy recommendations. The chapter also discusses the potential effect of the reforms on policy objectives other than GDP growth, in particular public finance consolidation, narrowing current account imbalances and reducing income inequality. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. 13 1. OVERVIEW OF STRUCTURAL REFORM ACTIONS IN THE POLICY AREAS IDENTIFIED AS PRIORITIES FOR GROWTH Overview of structural reform actions in the policy areas identified as prioritie