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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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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.




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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.




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Economic Survey of Finland 2018

Finland enjoys a high level of income and well-being. Nevertheless, output has been dragged down by the global downturn, the decline of the electronics and paper industries and the Russian recession.




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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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Economic Survey of Israel 2018

Israel’s economy continues to register remarkable macroeconomic and fiscal performance. Growth is strong and unemployment low and falling. With low interest rates and price stability, financial policy is prudent, and public debt is comparatively low and declining.




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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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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.




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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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Child benefits and female labour supply – the case of Poland

In 2016 the Polish government introduced a large new child benefit, called “Family 500+”, with the aim to increase fertility from a low level and reduce child poverty. The benefit is universal for the second and every further child and means-tested for the first child. It more than doubles fiscal support for families, making Poland one of the top spenders in the EU concerning cash transfers for families.




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Statistical Insights: New OECD-WTO data provides coherent and comprehensive view of Global Trade in Services

Services comprise a growing share of international trade. Yet detailed statistics on which countries trade which services with which partners remain patchy.




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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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Multi-dimensional Review of Thailand 2018

Thailand has made remarkable socio-economic progress over the past several decades. Even so, rising prosperity has not been shared equally across the country. Today, Thailand strives to pursue a development path to benefit all, seeking to reinvigorate economic transformation and reduce multifaceted inequalities in the face of a rapidly ageing population and technological change.




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Basic income or a single tapering rule? Incentives, inclusiveness and affordability compared for the case of Finland

This paper compares Finland’s benefit system with two benefit reform scenarios: a uniform benefit for all ("basic income") and a universal tapering rule ("universal credit").




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Tunisia: reviving the process of economic convergence for the benefit of all Tunisians

Tunisia is firmly committed to a process of democratisation that needs underpinning by economic reforms in order to guarantee an improved standard of living for all Tunisians.




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Unblocking the productivity potential of local businesses in Ireland

New firm-level analysis undertaken in tandem with the OECD Economic Survey of Ireland 2018 finds that the majority of businesses in Ireland have actually experienced falling productivity since the mid-2000s.




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Mr. Angel Gurría, Secretary-General of the OECD, in Athens on Monday 30 April 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Athens on Monday 30 April 2018 to present the 2018 OECD Economic Survey of Greece, alongside Mr. Alexis Tsipras, Prime Minister of Greece.




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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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The deterioration of the public spending mix during the global financial crisis: Insights from new indicators

The analysis suggests that countries with a counter-cyclical fiscal stance typically have a public spending structure that is more supportive of inclusive growth.




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Mr. Angel Gurría, Secretary-General of the OECD, in Washington on 6-7 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington on 6-7 June 2018 to present the 2018 OECD Economic Survey of the United States.While in Washington, the Secretary-General will hold bilateral meetings with several US high level officials.




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Mr. Angel Gurría, Secretary-General of the OECD, in Berlin on 11-12 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Berlin on 11-12 June 2018 to attend a meeting with Chancellor Merkel and Heads of International Organisations. While in Berlin, the Secretary-General will also present the 2018 OECD Economic Survey of Germany.




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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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Mr. Angel Gurría, Secretary-General of the OECD, in Madrid 13-15 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, was in Madrid 13-15 June 2018. The Secretary-General delivered remarks at the event organised by the Consejo Iberoamericano para la Competitividad y Productividad: "Innovación gubernamental para un Estado al servicio de la Sociedad".




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Mr. Angel Gurría, Secretary-General of the OECD, in The Hague on 2 July 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in The Hague on 2 July 2018 to present the 2018 OECD Economic Survey of The Netherlands. While in The Hague, the Secretary-General will hold bilateral meetings with several Ministers and high-level officials of The Netherlands.




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Tunisia's inclusion in global value chains and the role of offshore companies

Tunisia’s trade, Tunisia's openness and its integration into global value chains has improved significantly since the mid-1990s, reflecting the country's comparative advantages.




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Economic Survey of the Netherlands 2018

The Netherlands is experiencing vibrant economic activity, with gross domestic product (GDP) at about 8% above its pre-crisis peak and the unemployment rate below 4%. Growth picked up to above 3% in 2017, which was well above the euro area and OECD averages.




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The quantification of structural reforms: Taking stock of the results for OECD and non-OECD countries

This paper summarises earlier OECD work aimed at quantifying the impact of structural reforms on economic outcomes.




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OECD economic scenarios to 2060 illustrate the long-run benefits of structural reforms

Policy choices made today can have important positive effects on future living standards, according to new long-term economic scenarios released by the OECD.




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Mr. Angel Gurría, Secretary-General of the OECD, in Prague on 16 July 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Prague on 16 July 2018 on an official visit. He will present the 2018 OECD Economic Survey and the Environmental Performance Review of the Czech Republic.




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The quantification of structural reforms: Introducing country-specific policy effects

This paper presents country-specific effects of structural reforms. It discusses how sizeable and interesting country-specific effects can be identified in a panel setting by conditioning the impact of individual policies on their own level or on the stance of other policies and institutions.




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An empirical investigation on the drivers of income redistribution across OECD countries

Income inequality has increased in most OECD countries over the past two decades. This has come about both because incomes before taxes and transfers have become more unequally distributed, and because the extent of redistribution through taxes and transfers has fallen.




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Improving the quality of business investment in Turkey

Turkey’s business sector exhibits one of the highest investment rates among OECD countries.




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The sustainable management of a productive natural capital

This paper examines an industry whose economic activity uses a natural capital on which its profit also relies.




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Canada has high levels of well-being and solid growth but trade tensions and housing market pose risks while inclusiveness could be improved

Canada is one of the OECD economies delivering the best outcomes for its citizens, especially in regards to self-reported well-being, personal security and health status. Canada is also undertaking several programmes to foster inclusive growth – with respect to childcare benefits, gender equality and social housing.




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Sovereign defaults: Evidence on the importance of government effectiveness

This paper provides robust empirical evidence that government effectiveness is a key determinant of sovereign defaults.




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Digital technology diffusion: a matter of capabilities, incentives or both?

This paper uses a novel data set of digital technology usage covering 25 industries in 25 European countries over the 2010-16 period to explore the drivers of digital adoption across two broad sets of digital technologies by firms, cloud computing and back or front office integration.




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Enhancing labour-market integration of immigrants in Canada

Canada has long taken in more immigrants relative to its population than most other countries. Immigration policy in Canada aims to promote economic development by selecting immigrants with high levels of human capital, to reunite families and to respond to foreign crises and offer protection to endangered people.




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Delivering on the promise of better outcomes for Canadian women

The current Canadian government has declared itself feminist and has taken a number of steps to improve labour market outcomes for women. In terms of employment and labour force participation, Canadian women do much better than the OECD average.




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How does finance influence labour market outcomes? A review of empirical studies

This paper reviews empirical research on finance and labour markets.




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Euro Area unemployment insurance at the time of zero nominal interest rates

The discussion about a fiscal stabilisation capacity as a way of providing more fiscal integration in the euro area has strengthened in the aftermath of the European sovereign debt crisis.




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Who are the beneficiaries of the structural funds and the cohesion fund and how does the cohesion policy impact firm-level performance?

This paper exploits a new database that is unique in its scale and scope containing detailed information on over two million projects carried out by one million firms that benefited from the European Regional Development Fund, the European Social Fund and the Cohesion Fund in 25 EU member countries during the multi-annual financial framework 2007-2013.




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Sectoral and regional distribution of export shocks: What do two hundred thousand UK firm observations say?

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




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The global impact of weaker demand growth in China

Greater international integration has modified the transmission channels and the impact that external shocks have on domestic economies via increased trade openness and exposure to global financial developments.




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Rising financial integration amplifies the global impact of financial market shocks

Stronger cross-border economic and financial integration implies that macroeconomic shocks in one country are increasingly likely to spill over into other economies.




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GDP Growth - Second quarter of 2018, OECD

OECD GDP growth picks up marginally in second quarter of 2018




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Labour share developments over the past two decades: The role of technological progress, globalisation and "winner-takes-most" dynamics

Over the past two decades, real median wage growth in many OECD countries has decoupled from labour productivity growth, partly reflecting declines in labour income shares.




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Mr. Angel Gurría, Secretary-General of the OECD, in Vienna on 7-8 September 2018

Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on 7-8 September 2018 to attend the Eurogroup Meeting / Informal Meeting of Economic and Financial Affairs Ministers (ECOFIN).




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Statistical Insights: An x-ray view of inflation

Inflation may be present in some parts of an economy but not others. Contributions to annual inflation show how much different product groups contribute to overall inflation in a given year.




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Design of insolvency regimes across countries

This paper explores cross-country differences in the design of insolvency regimes, based on quantitative indicators constructed from countries’ responses to a recent OECD policy questionnaire.




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G20 GDP Growth - Second quarter of 2018, OECD

G20 GDP growth nudges up to 1.0% in the second quarter of 2018