This study explores the impact of export shocks on firms and re-aggregates results to derive distributional effects on sectors and regions.

OECD household income up 0.7% in first quarter of 2018, outpacing GDP growth

OECD GDP growth slows to 0.5% in third quarter of 2018

Core consumer prices in Iraq increased 1.30 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Iraq averaged 7.82 percent from 2000 until 2020, reaching an all time high of 107.04 percent in July of 2004 and a record low of -2.10 percent in January of 2016. In Iraq, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Iraq Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.

OECD countries are intensifying their fiscal consolidation efforts, introducing additional measures and extending the time horizon to implement them. Most have announced fiscal consolidation of more than 3% of GDP over the period 2009-15, according to the OECD’s Restoring Public Finances 2012.

Today’s post is by Arthur Mickoleit of the OECD’s Directorate for Public Governance and Territorial Development. Inputs from Kareen Schramm and Sofia Varas of Chile’s Ministry General‑Secretariat of the Presidency are gratefully acknowledged.

In the wake of the financial crisis there has been renewed focus on the importance of a country’s net external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and Spinelli (2012) to investigate the effect of external debt and its interaction with government debt on the interest-rate-growth differential.

Uncertainty faced by households and firms affects economic activity. The rise in uncertainty since the beginning of the sovereign debt crisis in Greece could be one factor that has contributed to the steep and long-lasting recession. This paper presents a brief empirical analysis quantifying this phenomenon and compares it with developments in Ireland and Portugal.

The main objective of this meeting was to create a Latin American Network to contribute to the better functioning of markets and the improvement of public services in Latin American countries.

The OECD and Ukraine today signed an Action Plan for strengthening co-operation to help tackle corruption, improve public governance and the rule of law, boost investment and foster a dynamic business environment.

Colombia needs a comprehensive tax reform that boosts revenues and shifts the tax burden to support more inclusive and green growth. Tax loopholes and exemptions that reduce the tax base and favour mainly the rich should be reduced significantly.

Fiscal constitutions comprise the set of rules and frameworks guiding fiscal policy that are enshrined in a country’s fundamental laws.

This paper analyses income inequality in Ireland using a new panel dataset based on the administrative tax records of the Revenue Commissioners for Ireland.

TThe economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix.

This report analyses the strengths and weaknesses of Ireland’s system of parliamentary engagement in budgeting, and outlines a number of proposals for reform.

OECD countries have agreed to work towards greater gender equality in public life – including in governments, parliaments and judiciaries – with concrete measures to improve women’s access to leadership and decision-making roles and integrate more of a gender perspective into public policies.

Discussion of progress to enhance regulatory quality and promote inclusive economic growth in the Latin American region.

This paper investigates the relationship between fiscal decentralisation and economy-wide disposable income inequality.

La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión.

This paper exploits firm-level data from the ORBIS database to assess international tax planning by multinational enterprises (MNEs).

This paper assesses the redistribution of foreign direct investments (FDI) and tax revenues among countries due to multinationals’ response to international differences in corporate tax systems.

Behavioural economics incorporates behavioural, social and cognitive dimensions into economic thinking, and its practice has grown as economists strive to improve their models, forecasts and policies. Today it is making a measurable difference in policy effectiveness around the world.

The OECD was invited to assess key elements of the Second Irish Public Service Reform Plan (PSRP 2014-2016), with a view to informing future public service reform efforts in Ireland.

Middle Eastern and North African countries should reform the governance of their state-owned enterprises to bring about greater public accountability and improve their efficiency, according to a new OECD report.

Boards of directors of SOEs play a fundamental role in corporate stewardship and performance. Over the last decade, OECD governments have sought to professionalise SOE boards, ensure their independence and shield them from ad hoc political intervention. In general these approaches have worked; yet, more remains to be done. This report seeks to shed slight on good practices drawing on national practices from over 30 economies.

Muscat, Oman - 2 December 2013 - This meeting was organised in the format of a high level regional roundtable, where heads and other representatives of regional exchanges were invited to participate, alongside regulators and relevant international and regional institutions.

Este folleto contiene información esencial sobre las Líneas Directrices de la OCDE para empresas multinacionales, que en la actualidad constituyen las recomendaciones más exhaustivas aprobadas por los gobiernos sobre la conducta responsable de las empresas.

Corruption undermines economic and social progress and steals the future of young generations. Parties to the OECD Anti-Bribery Convention are required to criminalise bribery of foreign public officials but does this make a difference on the ground? This paper estimates a dynamic foreign direct investment (FDI) gravity model to explore the impact of corruption in general and the OECD Anti-Bribery Convention in particular.

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.

30/05/2017 - Adrian Blundell-Wignall, Special Advisor to the OECD Secretary-General on Financial and Enterprise Affairs, argues that key corporate and financial issues must be addressed if globalisation is to work better for all. These issues are examined in the new 2017 OECD Business and Finance Outlook.

This report describes the economic landscape of publicly listed family firms in Asia and looks at the importance of these entities to the region and beyond. It highlights how an effective corporate governance system can improve performance and create value by reducing the cost of equity and reducing capital waste.

Drawing inspiration from 'Fearless Girl', the diminutive and plucky bronze statue that’s been staring down the 3-ton ‘Charging Bull’ on Wall Street for the past year, OECD’s Mathilde Mesnard and Bill Below highlight the importance of gender diversity in corporate leadership.

This report provides an overview of national practices to professionalise boards of directors by examining relevant legislation, policies and practices applicable to state-owned enterprises in a sample of OECD countries and developing and emerging economies.

Latest statistics for global foreign direct investment (FDI) flows and international mergers and acquisitions (M&A). Analysis, trends and forecasts from the OECD using FDI statistics collected in accordance with latest international guidelines.

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