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Making growth more inclusive in Thailand

Thailand’s path from a low-income to an upper-middle-income country over recent decades is widely hailed as a development success story.




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Sustainable finance for inclusive growth in Thailand

Thailand’s "sufficiency economy philosophy" encourages the prioritisation of long-term sustainability over short-term benefits.




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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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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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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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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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Costa Rica: Restoring fiscal sustainability and setting the basis for a more growth-friendly and inclusive fiscal policy

Consecutive years of primary deficits have led to mounting public debt of almost 50% of GDP, one of the fastest increases in Latin America over the last decade.




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Structural policies to boost productivity and inclusion in Costa Rica

Owing to past structural reforms, Costa Rica has enjoyed robust GDP growth and productivity levels are gradually converging towards the OECD average.




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Towards more inclusive growth in Tunisia

The average standard of living of the Tunisians has been steadily increasing for several decades, while poverty and inequality have been greatly reduced by the implementation of many social programs.




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The Czech economy is thriving but boosting skills and productivity and transitioning to a low-carbon productive model is vital to sustainable and inclusive growth

The Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.




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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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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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Limits to government debt sustainability in middle-income countries

This paper investigates the effect of structural characteristics on debt limits of middle income countries.




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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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Does public spending foster inclusive growth in your country?

Governments today need to balance the policy goals of boosting economic growth and improving equity when making budget decisions. How can public spending choices promote inclusive growth? What can be learned from previous spending decisions in times of crisis?




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Generating employment, raising incomes and addressing poverty in Greece

Employment is pivotal to strengthening Greece’s economic recovery, increasing social welfare and redressing poverty.




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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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Reforming the large business groups to promote productivity and inclusion in Korea

Large business groups, which played a key role in Korea's economic development, are still dominant today, especially in exporting.




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OECD, BSR and Danone launch 3-year initiative to strengthen inclusive growth through public-private collaboration

Business and government should work more closely together to reduce inequality and foster inclusive growth. To help achieve this, at the Paris Peace Forum, Gabriela Ramos, OECD Chief of Staff, G7/G20 Sherpa and leader of the OECD’s Inclusive Growth Initiative, and Emmanuel Faber, Chairman & CEO of Danone, launched the Business for Inclusive Growth (B4IG) Platform.




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Innovation, diversification and better logistics key to sustainable and inclusive growth, says latest Latin American Economic Outlook

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.




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Dividing the pie in Brazil: income distribution, social policies and the new middle class

Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful "Bolsa Familia" programme.




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OECD tax burdens on wages rising without tax rate increases

Taxes on wages have risen by about 1 percentage point for the average worker in OECD countries between 2010 and 2014 even though the majority of governments did not increase statutory income tax rates, according to a new OECD report.




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OECD and FAO expect stronger agricultural production, lower prices over coming decade - Rising incomes in developing world spurring demand for food, dietary changes

Strong crop yields, higher productivity and slower growth in global demand should contribute to a gradual decline in real prices for agricultural products over the coming decade, but nonetheless, prices will likely remain at levels above those in the early-2000s, according to the latest Agricultural Outlook report produced by the OECD and FAO.




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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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Estadísticas-tributarias-ALC: principales resultados para Brasil

La recaudación tributaria sobre PIB de Brasil en 2018 (33.1%) estuvo por encima del promedio de ALC (23.1%)¹ en la publicación de este año de las Estadísticas tributarias en América Latina y el Caribe en 10.0 puntos porcentuales y por debajo del promedio de la OCDE (34.3%).




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Less income inequality and more growth - Are they compatible?

Can both less income inequality and more growth be achieved? A recent OECD study sheds new light on the link between policies that boost growth and the distribution of income.




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OECD Recommendation on Principles for Public Governance of Public-Private Partnerships

The OECD Recommendation on Principles for Public Governance of Public-Private Partnerships can help governments get PPPs right, by providing best practices based on Member country experiences with what works (and what doesn't).




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Indonesia should improve governance, productivity and tax collection to promote inclusive growth

Indonesia has improved its macro-economic and structural policies over the last 15 years. Its economy, with strong and stable growth rates of 5–6.6%, is catching up with other countries in the region and allowing Indonesia to focus on its development agenda.




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How to get it right: government balances, growth and income inequality

Austerity programmes to restore order to public finances can add to the woes of already struggling economies, leading to more job losses and social hardship. But there are ways for governments to put their fiscal houses in order, while supporting growth and reducing income inequality at the same time.




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Policies for inclusive urbanisation in China

Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased further thanks to agglomeration effects.




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Regulatory Reform in the Middle East and North Africa: Implementing Regulatory Policy Principles to Foster Inclusive Growth

This report assesses progress in the implementation of regulatory policy within the MENA region and highlights good practices from Bahrain, Egypt, Jordan, Lebanon, Mauritania, Morocco, the Palestinian Authority and Tunisia.




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Improved multi-level governance key to tackling widening regional inequalities and ensuring inclusive recovery

The economic crisis has hit certain regions and cities harder than others in the OECD area, calling for better regional policies across levels of governments to foster an inclusive and sustainable recovery, according to two new OECD reports.




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Public consultation: Draft principles on the governance of critical risks

The OECD has launched a public consultation on its draft principles on the governance of critical risks.




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Principles of Budgetary Governance

These principles give practical guidance for designing, implementing and improving budget systems to meet the challenges of the future. They are currently being considered as a draft Recommendation of the OECD Council, underpinning their importance to good public governance.




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Korea: Promote inclusive growth through greater employer involvement in the employment and skills system, says OECD

Korea has made significant progress towards decentralising the management of employment and training programmes, but can still do more to create stronger links with employers at the local level, according to a new OECD report.




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Ministers back OECD Principles on Water Governance

Ministers from OECD’s 34 member countries today welcomed the new OECD Principles on Water Governance, which set standards for more effective, efficient and inclusive design and implementation of water policies, and encouraged governments to put them into action.




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OECD Ministers reinforce importance of investment for strong, green and inclusive growth

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.




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Improving public sector efficiency for more inclusive growth in Latvia

This working paper explores avenues to improve public sector efficiency in Latvia, a catching-up and ageing economy where spending needs are large.




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Effective regulation is a lever for inclusive growth

Governments should do more to improve the design and delivery of new laws, as even small efforts to fix regulatory shortcomings can have a tangible positive impact on economic activity and well-being, according to a new OECD report.




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Taxes, income and economic mobility in Ireland: new evidence from tax records data

This paper analyses income inequality in Ireland using a new panel dataset based on the administrative tax records of the Revenue Commissioners for Ireland.




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Searching for the inclusive growth tax grail: the distributional impact of growth enhancing tax reform in Ireland

TThe economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix.




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Promoting inclusive growth through better regulation: The role of regulatory impact assessment

This paper examines the potential contribution of RIA to better incorporating the inclusive growth perspective in regulatory decision-making.




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Global mayors join forces to address inequalities and foster inclusive growth in cities worldwide

Mayors from cities across the United States, Asia, Europe, Africa and Latin America gathered in New York to launch a global campaign to address rising inequalities and foster inclusive growth in their cities, in their countries and worldwide.




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Fiscal decentralisation and income inequality: empirical evidence from OECD countries

This paper investigates the relationship between fiscal decentralisation and economy-wide disposable income inequality.




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Mayors can play a key role in making inclusive growth a reality

Mayors and local leaders from around the world launched today a plan of action to help tackle inequality, boost job creation and harness economic development.




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Can an increase in public investment sustainably lift economic growth?

This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances.




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Most countries have room to increase public investment

Public investment benefits current as well as future generations.




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Deploy effective fiscal initiatives and promote inclusive trade policies to escape from the low-growth trap

For the last five years the global economy has been in a low-growth trap, with growth disappointingly low and stuck at around 3 per cent per year. Persistent growth shortfalls have weighed on future output expectations and thereby reduced current spending and potential output gains.




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Fostering inclusive growth in Malaysia

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.




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Fostering inclusive growth in Malaysia

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.