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Structural reforms to boost inclusive growth in Greece

This paper takes stock of the main structural reforms that Greece has undertaken since 2010, those currently proposed and that are in the process of implementation, and quantifies the medium and long‑term effects on output.




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Czech Republic needs new reforms to boost productivity and accelerate convergence with the most advanced countries

The Czech Republic needs new reforms to boost productivity, improve economic growth and accelerate convergence toward the levels of income and well-being seen in the most advanced European countries, according to a new OECD report.




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Structural reforms for more inclusive growth in Greece

The Greek economy is turning around lately, but it remains in a deep depression. GDP has fallen by more than a quarter between 2007 and 2015, unemployment remains extremely high at 25 percent and anchored poverty – which measures poverty relative to its pre-crisis income level – has nearly tripled between 2007 and 2014, reaching a third of the population.




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US economy growing steadily but key reforms needed

The US economy is making one of the strongest comebacks in the OECD, but there are risks on the horizon, according to the OECD’s latest Economic Survey of the United States.




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The short-term impact of product market reforms: a cross-country firm-level analysis

This paper analyses the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis.




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The short-term impact of product market reforms: a cross-country firm-level analysis

This paper analyses the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis.




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Product market reforms under the microscope

Given the secular decline in productivity growth and the persistent weakness of the economic recovery in many advanced economies, increased attention is being paid to the potential role of structural reforms for restoring economic growth.




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MENA countries need structural reforms to spur trade, investment, jobs and trust

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today.




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Labour market reforms in Korea to promote inclusive growth

Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons.




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Tax reforms, more efficient public spending and better public governance, keys to consolidating Indonesia’s strong economic progress

Indonesia has undergone an extraordinary transformation over the past two decades, benefiting from strong growth that has lifted millions out of poverty and allowed important progress in areas such as health and education. But low levels of public spending and tax revenue are undermining the quality of social services and exacerbating infrastructure gaps, according to the OECD.




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Can reforms promoting growth increase financial fragility? An empirical assessment

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.




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Can reforms promoting growth increase financial fragility? An empirical assessment

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.




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The distributional impact of structural reforms

In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities.




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The distributional impact of structural reforms

In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities.




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Effects of flexibility-enhancing reforms on employment transitions

Do flexibility-enhancing reforms imply more employment instability? Using individual-level data from harmonised household surveys for 26 advanced countries, this paper analyses the effects of product and labour market reforms on transitions in and out of employment.




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The quantification of structural reforms in OECD countries: a new framework

This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries.




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The quantification of structural reforms in OECD countries: a new framework

This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries.




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Structural reforms can be inclusive; it all depends on the details

Structural reforms are regularly assessed based on their ability to boost GDP per capita. This emphasis relies on the assumption that higher GDP per capita is systematically associated with rising living standards for the vast majority of citizens. This view is increasingly being challenged.




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Mexico: Reforms are starting to bear fruit, but further action is needed to boost productivity and ensure more inclusive growth, OECD says

Ambitious structural reforms and sound macroeconomic policies have strengthened the resilience of the Mexican economy despite a complex national scenario and challenging global conditions, but more can be done to boost productivity and ensure that growth is inclusive enough to achieve better living conditions for all, according to a new report from the OECD.




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Mexico’s reforms are paying off, but there is much left to do

The government has rolled out major structural reforms since 2012 aimed at improving growth, well-being and income distribution. The initial wave of reforms, kicked-off by the multi-partisan political commitments in the Pacto por México, led to notable progress across a range of areas and put Mexico at the forefront of reformers among OECD countries.




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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.




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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.




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Reforms for more and better quality jobs in Spain

The Spanish economy is growing strongly, but there is a risk that many people are being left behind.




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Public investment, tax and education reforms will help bolster inclusive growth in Belgium

A combination of market-based policies and a redistributive welfare state have boosted Belgium’s per-capita GDP to well above the average of OECD countries and raised well-being, according to a new OECD report.




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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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France: Economy is expanding but reforms needed to maintain benefits and boost jobs

The French economy is expanding, the labour market is recovering – albeit gradually - while productivity and the standard of living remain generally high, according to a new OECD report.




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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.




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Reigniting growth through productivity-enhancing reforms in Colombia

Over the past decade, sound macroeconomic policies and an improved business environment have helped generate relatively strong GDP growth.




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The quantification of structural reforms: extending the framework to emerging market economies

This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries.




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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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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.




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Tunisia: New structural reforms needed to revive growth and job creation

The Tunisian economy is recovering, driven by good harvests and strong performance in the tourism sector, but further reforms are needed to ensure sustainable growth and higher living standards for all Tunisians, according to a new report from the OECD.




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Structural reforms to boost growth and living standards in Argentina

Over the last decades Argentina’s living standards have lost ground relative to other developed and emerging economies. Putting Argentina on a path to stronger, inclusive and job-rich growth requires boosting productivity and strengthening investment through wide-ranging structural reforms.




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1st Joint IMF-OECD-World Bank Conference on Structural Reforms

1st Joint IMF-OECD-World Bank Conference on Structural Reforms




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Deeper reforms in Germany will ensure more inclusive and sustainable growth

The German economy is undergoing a robust expansion, with record-low unemployment and real wage gains underpinning domestic demand while strong exports are driving business investment. The strong fiscal position will offer opportunities for funding structural reforms and public investment to meet future challenges, according to a new report from the OECD.




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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.




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Deeper reforms in Korea will ensure more inclusive and sustainable growth

Short-term prospects for the Korean economy are good, with an uptick in world trade and fiscal policy driving growth, but productivity remains relatively low and the country faces the most rapid population ageing in the OECD area, according to a new report from the OECD.




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Further reforms can foster more inclusive labour markets in The Netherlands

Economic performance in The Netherlands is vibrant and growth is expected to remain robust, underpinned by sound public finances, healthy job creation and high levels of confidence. The current economic expansion should be used to speed up implementation of reforms to ensure future stability and support more inclusive labour markets, according to a new report from the OECD.




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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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Reforms in Lithuania are reinforcing economic growth but boosting productivity is still a challenge

Lithuania’s economy has grown faster than most other OECD economies over the past 10 years, unemployment continues to fall and public finances have stabilised after a long period of deficits and rising debt.




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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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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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Reforms for sustainable productivity growth in Ireland

The Irish economy has experienced a decline in productivity growth over the past decade. This has mostly reflected the poor performance of local firms, with the large productivity gap between foreign-owned and local enterprises having widened.




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Further reforms will promote a more inclusive and resilient Indonesian economy

A steady economic expansion in Indonesia is boosting living standards, curbing poverty and offering millions of people greater access to public services.




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Regulatory framework for the loan-based crowdfunding platforms

In a growing number of OECD countries policymakers are designing specific regulations for lending-based crowdfunding platforms.




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Reforms are essential for Brazil to build on recent success, says OECD

The Brazilian economy has made a rapid recovery from the global economic crisis, but further reforms are necessary to boost long-term growth, spur investment and further reduce poverty, according to the OECD’s latest Economic Survey of Brazil.




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Economic Policy Reforms: Going for Growth 2012 - Brazil Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




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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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Avoiding debt traps: financial backstops and structural reforms

In this paper we develop a simple analytical framework to analyze “good” and “bad equilibria” in public-debt and growth dynamics.




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Inspections Reforms: Why, How and With What Results

This report summarises experience of OECD and non-OECD countries with reforming inspections, attempts to present some of the most interesting and successful experiences suggesting that some good practices may be valid beyond the countries where they were initially pioneered.