ge

Growing together: making Lithuania’s convergence process more inclusive

Although Lithuania’s growth has been impressive, inequality is high, the risk of poverty is one of the highest of European countries, and life expectancy is comparatively low and strongly dependent on socio-economic background.




ge

Tackling the three main challenges in Costa Rica: fiscal reform, reverting the slowdown in productivity and reducing inequality

Costa Rica’s economic, social and environmental achievements are impressive. It has succeeded in combining rising living standards, virtually universal health care, pension and primary education systems with sustainable use of natural resources.




ge

Governments should use tax systems to drive inclusive growth agenda

Governments should use tax policy to drive forward economic agendas that seek to boost growth while sharing the benefits more evenly within society, according to a new OECD report.




ge

Scaling new heights: achievements and future challenges for productivity convergence in Lithuania

GDP per capita in Lithuania rose from one third to two thirds of the OECD average level between 1995 and 2014, despite internal and external crises. Productivity catch-up was critical to this process, although the level of labour productivity also remains around one-third below the OECD average.




ge

Growing together: making Lithuania’s convergence process more inclusive

Although Lithuania’s growth has been impressive, inequality is high, the risk of poverty is one of the highest of European countries, and life expectancy is comparatively low and strongly dependent on socio-economic background.




ge

Costa Rica: boosting productivity to sustain income convergence

Boosting national productivity to sustain the convergence process towards OECD countries living standards will hinge on creating the right conditions for domestic firms to thrive and become more innovative and productive, while maintaining the long-standing commitment to open international markets and investment.




ge

Age, skills and labour market outcomes in Finland

Macro-simulations benchmarking employment in Finland to the Nordic average show that closing the large gaps in labour participation vis-à-vis the other Nordics across genders and age groups would boost employment significantly.




ge

OECD warns weak trade and financial distortions damage global growth prospects

Weak trade growth and financial distortions are exacerbating slow global economic growth, according to the OECD’s latest Interim Economic Outlook.




ge

Does Fiscal Decentralisation Foster Regional Convergence?

Across the OECD, GDP per capita is converging. In contrast, regional disparities – or differences in GDP per capita across jurisdictions – are rising, mainly as a result of widening productivity differences. Fiscal decentralisation could help reduce them again. According to new OECD research, assigning more ownsource revenue to sub-national governments dampens regional GDP disparities and underpins regional convergence.




ge

Boosting investment performance in Germany

Non-residential investment has fallen over the past 20 years as a share of GDP and is now lower than in several other high-income OECD countries.




ge

Raising well-being in Germany’s ageing society

Population ageing is setting in earlier in Germany than in most other OECD economies and will be marked.




ge

OECD Secretary-General Angel Gurría presents new OECD studies with economic and social recommendations to Peruvian President Pedro Pablo Kuczynski

Economic and social reforms undertaken over the past two decades have driven Peruvian efforts to achieve sustainable economic growth and important reductions in poverty. Against a context of weak global growth, Peru will need to diversify its economy, boost skills, reinforce productivity across the labour force and unleash the potential of all regions in order to spur more inclusive national growth.




ge

Fostering productivity for income convergence in the Czech Republic

Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average.




ge

Fostering productivity for income convergence in the Czech Republic

Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average.




ge

Malaysia’s economic success story and challenges

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.




ge

Decoupling of wages from productivity: Macro-level facts

This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality).




ge

Decoupling of wages from productivity: Macro-level facts

This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality).




ge

Sweden’s economy is resilient and growing strongly, but must address rising challenges

The Swedish economy is growing strongly, with unemployment trending downward and living standards among the highest in the world. Maintaining today’s high levels of well-being and addressing new challenges will require further actions to ensure inclusive, resilient and green growth for all, according to a new report from the OECD.




ge

Portugal needs stronger investment to maintain growth and improve living standards

Portugal’s economy has successfully recovered from the strong recession that lasted until 2014. Nonetheless, the economy’s still low investment, which has declined far more than in other Euro area countries, remains a source of concern.




ge

Sweden is a champion of gender equality, but parity is not reached yet

Sweden ranks among the OECD’s frontrunners in terms of gender equality. Women have a high employment rate, outperform men in education and are well represented in government and parliament.




ge

India: Strong growth has raised incomes and reduced poverty, but challenges remain

The Indian economy is expanding at a fast pace, boosting living standards and reducing poverty nationwide. Further reforms are now necessary to maintain strong growth and ensure that all Indians benefit from it, according to a new report from the OECD.




ge

Italy’s reforms are paying off but challenges remain

Italy is recovering after a deep and long recession. Structural reforms, accommodative monetary and fiscal conditions, and low commodity prices have spearheaded the ongoing economic recovery.




ge

Growth-oriented policy agenda needed to ensure stronger economic recovery with benefits for all workers and households

Governments must deploy policy packages that take advantage of the synergies between labour, product and financial market reforms to escape the low-growth trap and ensure that benefits are broadly shared by the vast majority of citizens, according to the OECD’s annual Going for Growth report.




ge

Reducing poverty durably is a key challenge in Spain

Poverty has risen in Spain in the wake of the crisis, mainly due to lack of quality jobs that provide enough hours of paid work to support decent incomes.




ge

Towards a Better Globalisation: How Germany can respond to the critics

Citizens in many countries are expressing dissatisfaction with how they believe trade, technology and immigration are affecting their daily lives. While much of this discontent can be traced back to the global economic crisis, its root causes are more complex. What can be done at the Global, European and German level?




ge

Japan: Boost employment and productivity to promote inclusive growth and meet demographic challenges

The Japanese economy has gained momentum and is creating jobs, according to a new OECD report. The latest OECD Economic Survey of Japan, presented in Tokyo by OECD Secretary-General Angel Gurría, says that per capita growth rates in recent years have matched those across the OECD – a major improvement. The Survey underlines the key role Abenomics has played in the economic revival.




ge

Reforming Brazil’s old-age pension system to ensure its sustainability

Pensions have been successful in reducing old-age poverty well below the population-wide average, and below the OECD average. At present, all pension recipients – and this includes around 90% of those aged 65 and above – receive at least the minimum wage, which is more than 5 times as much as the poverty line of BRL 170 (equivalent to USD 55).




ge

A revised approach to productivity convergence in long-term scenarios

The paper describes revisions to the trend labour efficiency component of the production function underpinning long-term economic scenarios.




ge

Taking action on climate change will boost economic growth

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.




ge

The challenge of boosting innovation and trade, while achieving inclusiveness

The recent pick-up in global growth is good news, but a durable return to healthy growth supported by productivity and trade will require stronger political commitment to implement policy packages to make growth more inclusive.




ge

Fighting gender inequality in Sweden

Sweden ranks among the best OECD countries in terms of gender equality.




ge

New Zealand has recently enjoyed strong economic growth, but housing and population ageing pose challenges

New Zealand enjoyed strong economic growth during 2016, driven by high net inward migration, solid construction activity, booming tourism and supportive monetary policy, although in per capita terms growth has been more in line with that in other advanced economies.




ge

Argentina: Further reforms are needed to boost sustainable and inclusive growth

Argentina is making progress in its path to advance its growth agenda. The first OECD Multi-dimensional Economic Survey of Argentina underlines the achievements to date of the government’s recent and comprehensive programme of macroeconomic and structural reforms.




ge

Retraining can enable ageing Slovenians to keep pace with new technologies

Modernisation has mainly been achieved by training young Slovenians to fill new occupations. In contrast, those with obsolete skills tend to retire or become unemployed rather than retrain, leaving Slovenia with persistent long-term unemployment, and amongst the lowest employment rates of older workers in the OECD.




ge

Latvia: Maintain robust expansion and continue reforms to achieve income convergence and more inclusive growth

Successful implementation of economic reforms has boosted the Latvian economy, leading to strong growth, rising wages and solid public finances. Further policy action is now needed to accelerate productivity growth, create jobs, drive down poverty, improve living standards and ensure that everyone benefits from more inclusive growth, according to a new report from the OECD.




ge

Estonia: Policy action is needed for stronger and more inclusive growth

Estonia: Policy action is needed for stronger and more inclusive growth




ge

Findings of the recent literature on international capital flows: implications and suggestions for further research

Financial globalisation has given international capital flows a central role in the functioning of the global economy and has therefore led to considerable economic research over the past 30 years.




ge

OECD sees synchronised momentum for global economy, but urges further policy action to ensure sustainable and inclusive medium-term growth

The world economy has picked up momentum, as expanding investment, employment and trade support synchronised growth across most countries, according to the OECD’s latest Interim Economic Outlook.




ge

Ensuring fiscal sustainability in Japan in the context of a shrinking and ageing population

With gross government debt of 219% of GDP in 2016, Japan’s fiscal situation is in uncharted territory and puts the economy at risk.




ge

United Kingdom: Maintain close ties with EU to meet challenges of Brexit

The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.




ge

Retraining can enable ageing Slovenians to keep pace with new technologies

Slovenia has continued to shift from traditional manufacturing to business services and high-tech production. However, not all Slovenians have been included in this progress.




ge

Austria’s digital transition: the diffusion challenge

Austria’s transition to a digital economy and society is slower than in other high-income small open European economies.




ge

Getting the most out of trade in Estonia

Estonia is highly integrated into the global trade system: it exports approximately 80% of GDP and around half of domestic employment is sustained by foreign demand.




ge

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth




ge

Norway’s economy, a need to ensure policies can cope with upcoming challenges

In its latest Economic Survey for Norway , the OECD underscores the importance of policy facilitating transition away from oil-related activities and helping businesses seize opportunities from digitalisation and globalisation, through providing i) macroeconomic and financial stability, and ii) improvements to structural-policy settings.




ge

Secretary-General of the OECD in Chile on 26 February 2018

In Santiago, he will present the 2018 OECD Economic Survey of Chile, alongside Mr. Nicolás Eyzaguirre Guzmán, Minister of Finance of Chile.




ge

Mr. Angel Gurría, Secretary-General of the OECD in Brazil on 27-28 February 2018

In Brasilia, he will present the 2018 OECD Economic Survey of Brazil, alongside Mr. Ilan Goldfajn, Central Bank Governor, Mr. Henrique Meirelles, Minister of Finance, and Mr. Dyogo Oliveira, Minister of Planning of Brazil.




ge

OECD sees stronger world economy, but tensions are rising

The global economic expansion is strengthening, as robust investment growth, an associated rebound in trade and higher employment drive an increasingly broad-based recovery, according to the OECD’s latest Interim Economic Outlook.




ge

Global upswing should be used to implement structural reforms to boost incomes and well-being – for the longer term and for all

Governments must implement comprehensive structural reform programmes to sustain stronger, greener and more inclusive growth that will extend beyond the current cyclical upswing, according to the OECD’s annual Going for Growth report.




ge

How do you improve the durability of a Celtic Tiger?

The Irish economy is booming and is expected to continue expanding at healthy rates over the next few years.