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Renewable Energy Policies and Cross-border Investment: Evidence from Mergers & Acquisitions in Solar and Wind Energy

The study assesses the role of feed-in tariffs (FITs) and renewable energy certificates (RECs) in creating incentives for cross-border investments and for investments in particular technological portfolios via M&A. The analysis explores the dataset on M&As in alternative energy sources worldwide over 2005-2011.




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OECD Steel Committee says excess capacity and trade friction risks cloud industry outlook

Excess capacity in steel as growth in investment projects outpaces demand will pose risks for the sector for the foreseeable future, according to industry and government officials at the OECD’s Steel Committee meeting in Cape Town on 12 December 2014. The risk of trade conflicts in the industry also appears to have increased of late, they said, and Committee members discussed options for closer co-operation to try and prevent disputes.




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Peer Review of the Korean Shipbuilding Industry and Related Government Policies

The Korean shipbuilding industry is one of the top global players, leading by value and second only to China by volume. However, the global economic crisis has dented its finances and it now faces serious challenges to set itself back on a solid footing.




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Excess Capacity in the Global Steel Industry and the Implications of New Investment Projects

This paper examines the extent, reasons and impacts of excess capacity in the global steel industry, as well as the implications of new investment projects that continue to take place at a rapid pace in many parts of the world. By focusing on new investment projects, this study intends to help governments and industry better understand the extent to which global steelmaking excess capacity may evolve in the future.




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Business brief: The Czech Republic’s fourth Industrial Revolution

Innovation and creativity have long been hallmarks of the Czech Republic. After all, this is the country that invented the term “robot”, when Czech writer, Karel Čapek, coined the word back in 1921.




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Identifying and inducing breakthrough inventions - An application related to climate change mitigation

Most of the projections of the cost of meeting climate change mitigation targets hinge crucially upon assumptions made about the cost and timing of the development of breakthrough technologies. This paper seeks to uncover attributes of inventions – as reflected in patent data – which serve as "leading indicators" of subsequent technological and market development in climate change mitigation technologies.




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Green Growth and Sustainable Development Forum 2015 - Enabling the next industrial revolution: Systems innovation for green growth

Achieving green growth requires ambitious transition management policies in key sectors such as energy, transport, water and agriculture. Provided that the pace of innovation in a number of these key areas is growing faster than ever before, the Forum examined how to foster the "next industrial revolution" by harnessing the potential of systems innovation policies to support green growth.




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Evaluating the financial health of the steel industry

Concerns have been raised about the current health of the steel industry, amidst a context of global excess steelmaking capacity. This paper shows that, notwithstanding considerable firm-level heterogeneity, the steel industry’s financial situation is on average weaker than it has been in years, worse than during the last steel crisis of the late 1990s.




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Peer Review of the Japanese Shipbuilding Industry

Data from the Japanese government suggest there are currently over 1 000 shipyards in Japan. Some of these yards are privately owned individual enterprises, while others form part of larger private or public companies that operate multiple yards. Japan’s shipbuilders exist within a wider maritime cluster that provides crucial upstream and downstream products and services.




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New OECD indicators trace productivity growth slowdown pre- and post- crisis

Productivity growth – the central driver of rising economic output and material living standards – has been slowing in many advanced and emerging economies in the wake of the crisis, according to new data released today in the OECD Compendium of Productivity Indicators.




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Due diligence guidance on stakeholder engagement in extractive industries

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.




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Industrial robotics and the global organisation of production

In order to safeguard their competitiveness in an increasingly digitalised global economy, governments across OECD and emerging economies are implementing a range of policy measures/programmes to support investment in and use of robotics. This paper assesses the extent to which robotics impact the organisation of production through offshoring and backshoring.




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Avoid escalation and rely on dialogue to resolve excess capacity in the global steel industry

The OECD Secretary-General Angel Gurría called on the governments of steel-producing economies to address the root causes of today’s steel crisis through multilateral approaches, and in particular through the Global Forum on Steel Excess Capacity.




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Alignment assessment of industry programmes with the OECD minerals guidance

The OECD Due Diligence Guidance is being used as the basis and benchmark by many industry initiatives created to ensure the responsible sourcing of minerals. This report presents the findings of a pilot alignment assessment of five industry programmes against the recommendations of the OECD Guidance to gauge the coherence, effectiveness and credibility of these initiatives.




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ASEAN SME Policy Index 2018 launch - News Release

ASEAN countries have made progress in SME policies – especially on GVC integration, business development and e-commerce – but future productivity growth will depend on continued reforms, says new joint OECD-ERIA-ASEAN report




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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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Science-industry knowledge exchange: A mapping of policy instruments and their interactions

Countries deploy a variety of policy instruments to promote science-industry knowledge exchange. While these instruments are often discussed in isolation, they are implemented collectively and may negatively affect each other or add excessive complexity. This paper develops a conceptual framework to map policy instruments for knowledge exchange and assess interactions.




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Innovation support in the enterprise sector: Industry and SMEs

This paper outlines major policy trends in public support of innovation activities in industry and SMEs across OECD countries. It discusses the policy mix to strengthen business R&D and innovation, and possible avenues to improve this mix in response to evolving needs, driven new trends in technology and other factors.




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FDI Qualities Indicators: Measuring the sustainable development impacts of investment (PDF)

This report presents a new set of indicators that measure the sustainable development impacts of foreign direct investment (FDI) in host countries. The new metrics focus on five clusters derived from the 17 Sustainable Development Goals (SDGs): productivity and innovation; employment and job quality; skills; gender equality; and, the carbon footprint.




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FDI Qualities Indicators Highlights (pdf)

This highlights booklet presents a new set of indicators that measure the sustainable development impacts of foreign direct investment (FDI) in host countries. The new metrics focus on five clusters derived from the 17 Sustainable Development Goals (SDGs): productivity and innovation; employment and job quality; skills; gender equality; and, the carbon footprint. This study is an important element of the OECD Action Plan on the SDGs.




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Industrial robotics and product(ion) quality

Governments in OECD and emerging economies are betting heavily on robotics to safeguard the competitiveness of their manufacturing industries. This paper examines the importance of industrial robotics as a driver of production and trade quality.




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Global value chains and the shipbuilding industry

This paper presents new descriptive evidence on value added generation and sourcing patterns of intermediate inputs for ship construction of major shipbuilding economies. The findings reveal that shipbuilding relies heavily on intermediate inputs as around 70-80% of the final output value of ship production is generated through supplier sectors.




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FDI Regulatory Restrictiveness Index

The FDI Regulatory Restrictiveness Index (FDI Index) measures statutory restrictions on foreign direct investment in 68 countries, including all OECD and G20 countries, and covers 22 sectors.




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Society at a Glance 2014 - Key findings for Hungary

This note presents key findings for Hungary from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.




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OECD Employment Outlook 2014 - Key findings for Hungary

Hungary was hit harder by the global crisis than most OECD countries. Unemployment reached record levels at the peak of the crisis but has since recovered to its pre-crisis level around the current OECD average of 8%.




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Going for Growth 2015: Key findings for Hungary

Going for Growth 2015: Key findings for Hungary




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Environmental taxes: Key findings for Hungary LINK

This country note provides an environmental tax and carbon pricing profile for Hungary. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.




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PISA 2015 key findings for Hungary

This country note presents student performance in science, reading and mathematics, and measures equity in education in Hungary. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).




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OECD Science, Technology and Industry Scoreboard 2017 - Hungary highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Taxation of household savings: Key findings for Hungary

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Effective carbon rates: Key findings for Hungary

This country note for Hungary provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).




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Good jobs for all in a changing world of work: The new OECD Jobs Strategy – Key findings for Hungary

The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.




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Consumption Tax Trends: Key findings for Hungary

The Hungarian standard VAT rate is 27.0%, which is above the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Hungary was 25% in 2011. It changed to the current level in 2012. Hungary applies reduced VAT rates of 5% and 18% to a number of goods and services.




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Taxing Energy Use: Key findings for Hungary

This country note explains how Hungary taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Revenue Statistics: Key findings for Hungary

The tax-to-GDP ratio in Hungary decreased by 1.6 percentage points from 38.2% in 2017 to 36.6% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.




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Taxing Wages: Key findings for Hungary

The tax wedge for the average single worker in Hungary decreased by 0.4 percentage points from 45.0 in 2018 to 44.6 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Hungary had the 6th highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.




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The Heavy Burden of Obesity: Key findings for France

Around one in five adults in France are obese. While this is below the OECD average, obesity still has a significant impact. The French live on average 2.3 years less due to overweight. Overweight accounts for 4.9% of health expenditure; and lowers labour market outputs by the equivalent of 671 thousand full time workers per year. Combined, this means that overweight reduces France’s GDP by 2.7%.




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Taxing Energy Use: Key findings for France

This country note explains how France taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Health at a Glance 2019: Key findings for France

France spends just over 11% of its GDP on health, one of the highest shares among OECD countries, and is projected to spend up to 13% of its GDP by 2030. This spending has contributed to good health outcomes, with life expectancy at birth two years above the OECD average. One in four adults still smoke daily and alcohol consumption remains about 30% higher than the OECD average.




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Revenue Statistics: Key findings for France

The tax-to-GDP ratio in France did not change between 2017 and 2018. The tax-to-GDP ratio remained at 46.1%. The corresponding figure for the OECD average was a slight increase of0.1 percentage points from 34.2% to 34.3% over the same period.




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Taxing Wages: Key findings for France

The tax wedge for the average single worker in France decreased by 0.3 percentage points from 47.0 in 2018 to 46.7 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 France had the 5th highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.




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Society at a Glance 2014 - Key findings for Iceland

This note presents key findings for Iceland from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.




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Iceland must balance growth in power and tourism industries with nature conservation, OECD says

Iceland must balance growth in power and tourism industries with nature conservation, OECD says Iceland has one of the world’s most pristine natural environments and its glaciers, volcanoes and hot underground springs bring major economic benefits via renewable energy and tourism.




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Going for Growth 2015: Key findings for Iceland

Going for Growth 2015: Key findings for Iceland




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OECD Employment Outlook 2015 - Key findings for Iceland

Labour market conditions in Iceland further improved during the last year. In March 2015 the harmonised unemployment rate stood at 4.2% of the labour force, 1 percentage point lower than a year earlier.




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Environmental taxes: Key findings for Iceland LINK

This country note provides an environmental tax and carbon pricing profile for Iceland. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.




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PISA 2015 key findings for Iceland

This country note presents student performance in science, reading and mathematics, and measures equity in education in Iceland. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).




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OECD Science, Technology and Industry Scoreboard 2017 - Iceland highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Taxation of household savings: Key findings for Iceland

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Effective carbon rates: Key findings for Iceland

This country note for Iceland provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).