economic

Better education and skills are key to shift the economy up a gear, says latest Latin American Economic Outlook

Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean and the development bank for Latin America. Given the projections in the past weeks, any recovery in 2015 is likely to be challenging.




economic

Middle-class economics

In 2014, the US economy added more jobs than in any year since the 1990s. In fact, this longest streak of job growth on record has persisted into 2015. Inflation-adjusted wages are up by 1.4% annually over the last two years, more than twice the pace of the last recovery. But this is still not enough to make up for decades of subpar gains for middle-class families–a challenge shared by many other OECD economies.




economic

Jobs outlook improving slowly but millions risk being trapped at bottom of economic ladder

The jobs recovery is slowly gathering pace, but employment will remain well below pre-crisis levels in many countries, especially in Europe, through to the end of 2016, according to a new OECD report.




economic

OECD LEED Webinar Series on "Local economic resilience and adaptability to long-term challenges" - Part One

The webinars enabled serious discussion on the concept of ‘local economic resilience’ in an informal setting that facilitates interaction and questions. The format featured presentations from policy experts and a roundtable discussion with the audience.




economic

Project: Local economic strategies for shrinking and ageing labour markets

The project will identify the policy levers and instruments that can be helpful in the design of strategies to accompany the transition to older local labour markets, and identify how national policy frameworks can best support these transformations.




economic

Skills for growth: human capital composition and economic performance

Skills for growth: human capital composition and economic performance




economic

OECD LEED Webinar Series on "Local economic resilience and adaptability to long-term challenges" - Part Two: Resilience in Practice

The webinars will enable serious discussion on the concept of ‘local economic resilience’ in an informal setting that facilitates interaction and questions. The format will feature presentations from policy experts and a roundtable discussion with the audience.




economic

The role of cognitive skills in explaining wage differentials between socio-economic groups

Average wages can vary markedly between socio-economic groups (gender, native- and foreign-born; high-skilled and low-skilled parents; workers of different ethnicities; age). These differences between groups of workers contribute to high overall wage inequality.




economic

11th Trento Festival of Economics 2016

11th edition of Trento Festival of Economics: the arena where economists, political and institutional stakeholders, researchers and journalists from all over the world, will exchange views and investigate the topic “Where growth takes place”.




economic

Enhancing Economic Flexibility: What Is in It for Workers?

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.




economic

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.




economic

Costa Rica has made major socio-economic progress but more efforts needed to reduce inequality and poverty

Costa Rica enjoys relatively high life satisfaction levels, but should do more to develop a more inclusive and sustainable economy, according to a new OECD report.




economic

Supporting ageing workforce key to tackling future US economic challenges

Providing American seniors with better work incentives and opportunities will be crucial for the United States to meet the challenges of its rapidly ageing population. By 2028, more than one in five Americans will be aged 65 and over, up from fewer than one in six today, according to a new OECD report.




economic

Family-friendly policies a key driver of economic growth

The family-friendly policies introduced by Nordic countries over the past 50 years and associated increases in female employment have boosted growth in GDP per capita by between 10% and 20%, according to a new OECD report.




economic

OECD sessions on Local Development and Spatial Productivity at the 13th Trento Festival of Economics on Technology and Jobs

The OECD Trento Centre organised five sessions within the 2018 Festival of Economics on Technology and Jobs on 1-3 June 2018. OECD and intenational experts along with high level government representatives discussed the impact of new technologies on jobs and its effect on local economies and policies and what regions and regional policy can do to narrow economic gaps and promote productivity catching-up.




economic

ENG Policy Highlights - Job Creation and Local Economic Development 2018

This booklet reproduces highlights from the 2018 report Job Creation and Local Economic Development. This third edition in the series focuses on preparing for the future of work.




economic

Regulatory Policy and Behavioural Economics

Behavioural economics is being applied increasingly in the regulatory policy cycle. This report captures the current trends across OECD member countries.




economic

Enhancing Economic Flexibility: What Is in It for Workers?

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.




economic

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.




economic

Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.




economic

G20 Seminar on Corruption and Economic Growth: Highlights

17 October 2016, Paris: The G20 Chinese Presidency, the UK and the OECD jointly organised a Seminar on “Corruption and Economic Growth”. Expert panellists recognised the negative impact of corruption on economic growth and society at both the macro and micro level, and stressed the importance of strong political leadership in fighting corruption.




economic

Education: The best protection against an economic crisis (OECD Education Today Blog)

The insight that education is valuable both to individuals and to countries is not new. Using continuously improving data and statistical tools, we have come to understand and appreciate the magnitude of education’s impact on employment, income, health and life opportunities in general.




economic

A Skills Manifesto: Why Education (Not Finance) Is The Only Lasting Economic Solution

Everywhere skills transform lives, generate prosperity and promote social inclusion. And if there’s one lesson the global economy has taught us over the last few years, it’s that we cannot simply bail ourselves out of a crisis — stimulus plans and printing money can never be a lasting solution to our economic problems.




economic

Inequality hurts economic growth, finds OECD research

Reducing income inequality would boost economic growth, according to new OECD analysis. This work finds that countries with lower income inequality grow faster than those with higher inequality.




economic

Better education and skills are key to shift the economy up a gear, says latest Latin American Economic Outlook

Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean and the development bank for Latin America. Given the projections in the past weeks, any recovery in 2015 is likely to be challenging.




economic

Enhancing Economic Flexibility: What Is in It for Workers?

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.




economic

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.




economic

Portugal: Successful reforms have underpinned economic recovery

The Portuguese economy is gradually recovering from a deep recession thanks to a broad structural reform agenda that has led to rising economic growth, falling unemployment and remarkable progress in export performance.




economic

Adult Skills in Focus No. 5: Do socio-economic disparities in skills grow between the teenage years and young adulthood?

The striking cross-national variation in socio-economic disparities in skills gaps among 15-year-olds, and the evolution of these gaps between the ages of 15 and 27, raises the question of what policies and institutional arrangements may explain such variability.




economic

PISA in Focus No. 76 - How do schools compensate for socio-economic disadvantage?

As educators know well, there are many barriers to learning that originate outside of school, such as those that arise from socio-economic disadvantage. In many education systems, the concentration of disadvantaged students in certain schools poses an additional challenge.




economic

Korea: a strong national urban strategy could drive resilient economic growth

Korea has weathered the shocks triggered by the global recession and its economy is recovering more quickly and vigorously than most other OECD countries.




economic

Workshop: Knowledge-Based Entrepreneurship, the Triple Helix and Local Economic Development (London, UK)

The creation of innovative new firms and the development of SME innovation are strongly influenced by the extent to which localities offer environments that favour the transfer of knowledge to local business and provide the other resources required for innovative firm development, including skills, finance, advice, and supply chain partners.




economic

Rural-Urban Partnerships: An Integrated Approach to Economic Development

This report provides a framework to understand the changing relationships between urban and rural areas. Specifically, it documents the characteristics of these partnerships and the factors that can hinder as well as enable rural-urban co-operation.




economic

Netherlands: Make economic, innovation and territorial reforms work together to boost growth and competitiveness, says OECD

The Netherlands is gradually emerging from a double-dip recession with strengthened public finances and reforms on track to improve the labour and housing markets and the health care and pension systems. These reforms are paying off, says the OECD. Growth is expected to reach 1% this year and 1.3% in 2015.




economic

Job Creation and Local Economic Development

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery.




economic

Building on rural sector is key for economic modernisation in Myanmar, says OECD

Improving Myanmar's agricultural sector by building up food processing activities and related services could help the transformation of the country's economy, to a more modern one able to produce higher-value goods for export, according to a new OECD report.




economic

Africa: making growth more inclusive hinges on unlocking potential of local economies, says the African Economic Outlook 2015

With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.




economic

OECD LEED Webinar Series on "Local economic resilience and adaptability to long-term challenges" - Part One

The webinars enabled serious discussion on the concept of ‘local economic resilience’ in an informal setting that facilitates interaction and questions. The format featured presentations from policy experts and a roundtable discussion with the audience.




economic

Project: Local economic strategies for shrinking and ageing labour markets

The project will identify the policy levers and instruments that can be helpful in the design of strategies to accompany the transition to older local labour markets, and identify how national policy frameworks can best support these transformations.




economic

OECD LEED Webinar Series on "Local economic resilience and adaptability to long-term challenges" - Part Two: Resilience in Practice

The webinars will enable serious discussion on the concept of ‘local economic resilience’ in an informal setting that facilitates interaction and questions. The format will feature presentations from policy experts and a roundtable discussion with the audience.




economic

Japan will need reforms to ease economic blow of a shrinking workforce

Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD.




economic

11th Trento Festival of Economics 2016

11th edition of Trento Festival of Economics: the arena where economists, political and institutional stakeholders, researchers and journalists from all over the world, will exchange views and investigate the topic “Where growth takes place”.




economic

Africa: Economic transformation hinges on unlocking potential of cities, says the African Economic Outlook 2016

How Africa urbanises will be critical to the continent’s future growth and development, says the African Economic Outlook 2016 released today at the African Development Bank Group’s 51st Annual Meetings.




economic

OECD sessions on Local Development and Spatial Productivity at the 13th Trento Festival of Economics on Technology and Jobs

The OECD Trento Centre organised five sessions within the 2018 Festival of Economics on Technology and Jobs on 1-3 June 2018. OECD and intenational experts along with high level government representatives discussed the impact of new technologies on jobs and its effect on local economies and policies and what regions and regional policy can do to narrow economic gaps and promote productivity catching-up.




economic

Assessing the economic valuation of the benefits of regulating chemicals - Environment Working Paper

This paper reviews and compares five case studies on quantification and economic valuation of benefits in cost-benefit analyses (CBAs) of regulating phthalates, mercury, PFOA (perfluoro-octanic acid) and its salts, NMP (1 methyl-2-pyrroloidine) and formaldehyde. The case studies had all been carried out as part of the SACAME project, and the purpose of the present paper is to draw out cross-cutting findings from these studies.




economic

Sweden unlikely to feel economic benefit of no-lockdown approach

Analysts forecast that growth will contract at similar rate to rest of Europe




economic

Economic policy revived on the internet




economic

Economic soothsayers have no crystal ball

There are not many easily falsifiable theories in macroeconomics, so some prefer the micro side




economic

Banish talk of inequality from economics

True equality may not not even be possible in death – Mozart was buried in a paupers’ grave




economic

Swift lesson in principles of economics

Science and technology influence living standards but government still has a role