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Table 2 Policy priorities for countries facing high long-term unemployment, low labour force participation of specific groups and a large productivity gap (Source: Adapted from [18], p. 22)

From: The future of business in Visegrad region

Policy priorities

Countries

CZE

HUN

POL

SVK

R*

A

R

A

R

A

R

A

Fostering stronger efficiency gains in private and public sectors

 - Reduce public ownership and state control of business operations

    

  

 - Ease firm entry and administrative burden

  

 

 - Reform bankruptcy procedures

  

     

Improve public sector efficiency

 - Streamline public administration and facilitate monitoring and evaluation

  

    

 - Improve efficiency of public procurement

      

 - Raise effectiveness of public R&D

     

 

Promoting employment by tackling disincentives to job creation, job search and labour force participation

Reduce labour tax wedge

 

   

Improve effectiveness of job search assistance

 - Strengthen resources for job search assistance and individual follow-up

      

 - Better target subsidised job creation

      

 

 Reduce housing-related restrictions on labour mobility

    

 

 

 Strengthen gate keeping measures for sickness and disability systems

    

   

Boost labour force participation of women

 - Reduce fiscal disincentive to work for second earner and lone parent

     

 

 - Improve access to childcare services

     

 

 Reform pensions to reduce disincentive to work at older age

  

  

Facility the development of labour force skills, competencies and more broadly, human capital

 Strengthen vocational education and training

      

Improve efficiency and outcomes in:

 - Pre-school education

    

 

 

 - Primary and secondary education

 

    

 - Tertiary education

 

 

 

  1. *R stands for recommendation in that area, A stands for action taken over the horizon of the past 2 years