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OECD Technical Report on Progress on Structural Reform Under the G20 ESRA

This OECD technical report to G-20 Finance Ministers and Governors provides an assessment of progress on structural reform to achieve strong, sustainable and balanced growth under the G-20 Enhanced Structural Reform Agenda (ESRA) agreed at the Hangzhou summit.




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The Economics Department is recruiting its Deputy Director!

The Economics Department is recruiting its Deputy Director. We provide flexible work options, which respects diverse working styles. If you want to join a co-operative, collaborative and respectful work environment where professional development is recognised and encouraged, please visit the job opening.




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GDP Growth - First quarter of 2017, OECD

OECD GDP growth falls to 0.4% in first quarter of 2017




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G20 GDP Growth - First quarter of 2017, OECD

G20 GDP growth stable at 0.9% in first quarter of 2017




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Slovak Republic: Strong economy offers opportunity to invest in the future

The Slovak Republic continues exhibiting robust economic performance, with strong growth backed by a sound financial sector, low public debt and high international competitiveness drawing on large inward investment.




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Income, wealth and equal opportunities in Sweden

Sweden is an egalitarian society in international comparison, and has managed to combine equity with economic efficiency.




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Contributions to GDP growth: first quarter 2017, Quarterly National Accounts, OECD

Private consumption and investment main drivers of slowdown in OECD GDP growth in first quarter of 2017




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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.




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GDP Growth - Second quarter of 2017, OECD

OECD GDP growth accelerates to 0.7% in second quarter of 2017




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Raising skills in Portugal

Despite significant progress made, improving skills remains one of Portugal’s key challenges for raising growth, living standards and well-being.




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Aumentar as qualificaçŏes em Portugal

Não obstante o progresso significativo conseguido, melhorar as competências e as qualificações continua a ser um dos principais desafios que Portugal enfrenta para aumentar o crescimento, os níveis de vida e o bem-estar.




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Sharing the benefits of China’s growth by providing opportunities to all

Living standards in China have greatly improved over the past few decades. Both sustained economic growth and an expansion of the social security system have contributed to a sharp reduction in the number of people in poverty.




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G20 GDP Growth - Second quarter of 2017, OECD

G20 GDP growth accelerates to 0.9% in second quarter of 2017




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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.




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As Estonian exporters lead the way, policy needs to adapt

International trade plays an important role in the Estonian economy. Around a half of the private sector employment is sustained by foreign demand, twice as much as the OECD average.




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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.




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Do government transfers reduce poverty in China? Micro evidence from five regions

This paper estimates urban and rural poverty rates across five Chinese administrative regions (Shanghai, Liaoning, Guangdong, Henan and Gansu) in 2014 using representative household level data from the China Family Panel Studies survey.




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Contributions to GDP growth: second quarter 2017, Quarterly National Accounts, OECD

Pick-up in private consumption and investment drives higher OECD GDP growth in second quarter of 2017




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Boosting economic opportunities and wellbeing in Latvia: why housing matters

Unemployment is still above 8% in Latvia and contributes to poverty, in part because many unemployed have been without a job for an extended period of time.




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GDP Growth - Third quarter of 2017, OECD

OECD GDP growth slows to 0.6% in third quarter of 2017




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Raising living standards and supporting investment by boosting skills in Slovenia

Higher living standards and well-being, as well as convergence with more advanced economies, will depend on achieving higher productivity, which in turn would be boosted by more investment in capital.




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How self-sorting affects migrants’ labour market outcomes

Assuming that immigrants select destinations according to absolute returns to their observable and unobservable human capital, I present a human capital model of migration accounting for taxes, transfers and limited portability of skills.




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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




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G20 GDP Growth - Third quarter of 2017, OECD

G20 GDP growth steady at 1.0% in third quarter of 2017




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Export and productivity in global value chains – comparative evidence from Latvia and Estonia

This paper investigates the effect of export entry on productivity, employment and wages of Latvian and Estonian firms in the context of global value chain (GVC).




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Making the business environment more supportive of productivity in Belgium

A favourable business environment is crucial to boosting Belgium’s productivity and inclusiveness and to sustain improvements in long-term economic prosperity.




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France: Promoting economic opportunities and well-being in poor neighbourhoods

Thanks to a highly developed welfare state, poverty is moderate on average in France, but – as in other countries – highly concentrated in some neighbourhoods.




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Contributions to GDP growth: third quarter 2017, Quarterly National Accounts, OECD

Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017




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Vacancy for Economist, OECD Economics Department

Vacancy for Economist, OECD Economics Department




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Vacancy for Senior Economist, OECD Economics Department

Vacancy for Senior Economist, OECD Economics Department




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Growth and economic well-being: third quarter 2017, OECD

OECD household income growth continues to lag GDP growth, slowing to 0.2% in third quarter of 2017




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Growth and economic well-being: fourth quarter 2017, OECD

OECD household income growth picks up to 0.3% in fourth quarter of 2017 but continues to lag GDP growth




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GDP Growth - Fourth quarter of 2017, OECD

OECD GDP growth slows to 0.6% in fourth quarter of 2017




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How to improve Norway’s transport-infrastructure investment

Norway makes substantial public investment in transport and this has intensified in recent years. There is potentially large economic benefit from such investment, particularly as good transport infrastructure can help Norway’s transition away from oil-related activities.




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Further reforms to spur trade and investment key for Brazil’s inclusive growth

Brazil is emerging from its long recession and is headed for solid growth in 2018 and 2019 as recent structural reforms start to bear fruit. Sustaining this recovery, unleashing Brazil’s full economic potential and spreading the benefits fairly will require additional efforts to rein in public spending, increase trade and investment, and further focus social spending on those most in need, according to a new OECD report.




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Economic expansion offers Israel opportunity to move toward a more inclusive society

The Israeli economy continues to register remarkable performance, with strong growth, low and falling unemployment and sound public finances leading to the 15th consecutive year of economic expansion. Further reforms will be needed to drive down inequality and raise living standards for all Israelis, according to a new report from the OECD.




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G20 GDP Growth - Fourth quarter of 2017, OECD

G20 GDP growth remains stable at 1.0% in fourth quarter of 2017




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The key to breaking cycle of poverty in Israel lies in education

Inequality and relative poverty in Israel remain high, particularly among Arab-Israelis and Haredim (Ultra-Orthodox).x




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To fear or not to fear the future of work? Opportunities, disruptions and policy challenges

Rapid technological change – from digitalisation to artificial intelligence, 3D printing and nanomaterials – is transforming the way goods and services are produced and consumed. It will have profound implications for the dynamics of productivity, jobs, investment and trade over the next 10 to 15 years.




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The Greek economy is recovering. Improving debt sustainability, tackling poverty and boosting investment are vital to sustaining the positive momentum.

Greece’s recovery from deep economic depression is finally gaining traction, according to the OECD. Economic growth has started to pick up led by a rise in exports while labour market reforms have improved competitiveness and are helping to create jobs.




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Boosting export performance in Chile

Chile’s export growth has disappointed over the past two decades. In particular, exports of goods and services - in volume - have only grown at 1.1% annually over 2009-17 and at around 2.0% for non-copper products and services, compared to 4.2% in the average Latin American country.




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Thailand is advancing in participatory and evidence-based regulatory reform

Reforming the public sector, long a priority for Thailand, involves several challenges. Among these, insufficient public participation in policy-making is undermining the efficient allocation of resources toward public needs and development goals.




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GDP Growth - First quarter of 2018, OECD

OECD GDP growth continues to slow in first quarter of 2018




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Benefit reform for employment and equal opportunity in Finland

The combination of different working-age benefits, childcare costs and income taxation creates complexity, reduces work incentives and holds back employment.




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New OECD Framework seeks to drive “urgent, concerted effort” for inclusive growth

“Urgent and concerted effort” is needed from governments to drive more inclusive, sustainable economic growth that benefits everyone in society, according to a new OECD report.




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Tax reform to support growth and employment in Finland

Finland raises a large amount of taxes to finance high-quality public services and redistribute income.




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Un mayor crecimiento, aunque se advierten importantes riesgos

Después de un largo período de débil crecimiento, la economía mundial finalmente está creciendo alrededor del 4%, cercano al promedio histórico de las últimas décadas.




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G20 GDP Growth - First quarter of 2018, OECD

Slight easing of G20 GDP growth in first quarter of 2018




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Network service deregulation and manufacturing exports in Greece

Network sectors (energy, transport and communications) have undergone a process of liberalisation in Greece in more than a decade.




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Further reforms needed for a stronger and more integrated Europe

The European economy is growing robustly, helped by accommodative monetary policy, mildly expansionary fiscal policy and the global acceleration. The current economic expansion should be used to speed up implementation of reforms to the euro area architecture and EU policies that would support greater European integration and ensure stronger, more inclusive long-term growth, according to two new reports from the OECD.