ea Ambitious reforms can create a growth path that is both strong and inclusive, OECD says By www.oecd.org Published On :: Mon, 09 Feb 2015 10:00:00 GMT Determined and systemic action to implement a comprehensive reform agenda across a wide range of policy areas offers governments the best chance to boost weak demand, restore healthy economic growth, create jobs and ensure that the gains are broadly shared across society, according to the OECD’s latest Going for Growth report. Full Article
ea The UK economy is doing well, but the job is not yet finished. Unleashing productivity is key to sustaining strong growth, says OECD By www.oecd.org Published On :: Tue, 24 Feb 2015 11:00:00 GMT The United Kingdom’s economy is projected to expand this year and next, but challenges remain to boost productivity and make future growth more inclusive, according to the OECD’s latest Economic Survey. Full Article
ea Low oil prices and monetary easing triggering modest acceleration of global recovery By www.oecd.org Published On :: Wed, 18 Mar 2015 11:00:00 GMT Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment. Full Article
ea What we've learned–and have still to learn–from the financial crisis* By www.oecd.org Published On :: Tue, 28 Apr 2015 17:42:00 GMT Financial crises do more than impose huge costs: they have bigger and more insidious effects. We face big challenges in maintaining the supply of global public goods as the world integrates. But these challenges will not be managed successfully if we do not first overcome the legacy of the crisis. Full Article
ea Slovenia needs to increase reform efforts for a return to stronger growth By www.oecd.org Published On :: Mon, 04 May 2015 10:00:00 GMT Economic reforms have helped Slovenia recover from the crisis, but further action is needed to strengthen the banking and corporate sectors, stabilise debt and create jobs, according to the latest OECD Economic Survey of Slovenia. Full Article
ea Providing the right skills to all in China – from "made in China" to "created in China" By dx.doi.org Published On :: Wed, 27 May 2015 17:38:00 GMT China has made impressive strides in education in recent decades, even though the accumulation of human capital has lagged behind that of physical capital. Going forward, access to and quality of education will be key to sustain economic convergence with the most advanced economies and to offset the drag exerted by population ageing. Full Article
ea Reforming the pension system to increase coverage and equity in Colombia By dx.doi.org Published On :: Fri, 29 May 2015 10:30:00 GMT Colombia is one of the most unequal countries in Latin America. The high level of informality in the labour market and many characteristics of the pension system leave many elderly in poverty. Only formal-sector employees earning more than the relatively high minimum wage are covered. Full Article
ea Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment By dx.doi.org Published On :: Fri, 29 May 2015 13:02:00 GMT This paper compares two competing empirical specifications across all OECD economies, where competing specifications correspond to the 'former' and 'new' specification for deriving measures of the unemployment gap which underlie the OECD’s Economic Outlook projections. Full Article
ea New Zealand economy performing well, but sustaining high levels of growth and well-being will require further reforms By www.oecd.org Published On :: Tue, 09 Jun 2015 20:00:00 GMT The New Zealand economy has performed well in recent years, but bottlenecks in housing and urban infrastructure, inequalities in living standards and rising environmental pressures all pose challenges for sustaining robust growth and high levels of well-being over the long term, according to the OECD’s latest Economic Survey of New Zealand. Full Article
ea Low interest rates threaten solvency of pension funds and insurers By www.oecd.org Published On :: Tue, 23 Jun 2015 16:51:00 GMT The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report. Full Article
ea Enhancing the financing of the real economy and financial stability in the United Kingdom By dx.doi.org Published On :: Wed, 22 Jul 2015 17:18:00 GMT The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting both weak demand and tighter supply. New prudential requirements have improved the resilience of the banking sector and a number of measures were taken to support credit supply. Full Article
ea Policy areas for increasing productivity in Latvia By dx.doi.org Published On :: Fri, 21 Aug 2015 16:27:00 GMT Much of the convergence of the Latvian economy needs to come from productivity increases. To achieve this, policy makers should do more to facilitate the integration of the economy into global trade and promote competitive business environment. Full Article
ea Making New Zealand’s economic growth more inclusive By dx.doi.org Published On :: Fri, 21 Aug 2015 17:14:00 GMT New Zealand generally performs well in terms of economic and social inclusion. It has high employment rates, and education and health-care systems work well for most. Full Article
ea Vocational training and adult learning for better skills in France By dx.doi.org Published On :: Wed, 02 Sep 2015 12:01:00 GMT France devotes a great deal of resources to vocational training for youths and especially adults, but the system is unduly complex and yields rather poor returns. The basic literacy and numeracy skills of many French adults remain weak in international comparison, with harmful effects on employment opportunities, wages and well-being. Full Article
ea Enhancing competitiveness, purchasing power and employment by increasing competition in France By www.oecd-ilibrary.org Published On :: Tue, 17 Nov 2015 10:56:00 GMT Over the past decade, France has substantially eased the burden of anti competitive regulations and effectively enforced competition law against anti-competitive practices. Full Article
ea Who are the top 1% earners in Europe? By dx.doi.org Published On :: Wed, 16 Dec 2015 15:10:00 GMT This is the first paper that comprehensively documents the profiles of the 1% highest paid employees across 18 European countries. The data come from the largest harmonised source available, an employer-based survey that covers the labour income of 10 million employees, excluding the self-employed. Full Article
ea The drivers of public health spending: integrating policies and institutions By dx.doi.org Published On :: Wed, 09 Mar 2016 10:33:00 GMT This paper investigates the impact of policies and institutions on health expenditures for a large panel of OECD countries for the period 2000-10. Full Article
ea Poland: Investment in infrastructure and skills will support higher living standards and greater well-being By www.oecd.org Published On :: Tue, 22 Mar 2016 11:23:00 GMT Polish economic growth remains solid and unemployment is decreasing, but further investments in infrastructure and skills will be essential to sustain a continuing improvement in living standards, environmental quality and well-being, according to the latest OECD Economic Survey of Poland. Full Article
ea Policy challenges for agriculture and rural areas in Norway By www.oecd-ilibrary.org Published On :: Tue, 12 Apr 2016 11:27:00 GMT Norwegian policy gives high priority to supporting rural communities, with support for agriculture receiving particular attention. It is broadly successful in terms of maintaining rural communities, and urban-rural gaps in a range of well-being indicators are comparatively narrow. Full Article
ea Bringing all Chileans on board By www.oecd-ilibrary.org Published On :: Tue, 12 Apr 2016 14:09:00 GMT The Chilean economy has had an extraordinary performance over the last decades with strong growth and declining poverty rates. This paper discusses how to achieve greater social inclusiveness against the background of weaker medium-term growth. Full Article
ea OECD study finds Britons will be paying a heavy “Brexit tax” for many years if UK leaves EU By www.oecd.org Published On :: Wed, 27 Apr 2016 09:48:00 GMT A UK exit from the EU would immediately hit confidence and raise uncertainty which would result in GDP being 3% lower by 2020, which equates to £ 2200 per household. The OECD states that such costs are already piling up in a new study released today. Full Article
ea Korea needs new reforms to boost productivity, employment and growth By www.oecd.org Published On :: Mon, 16 May 2016 16:24:00 GMT Korea needs to boost productivity, increase employment and stoke economic activity as part of efforts to reverse current trends toward slower growth and low inflation, according to a new report from the OECD. Full Article
ea Regulations in services sectors and their impact on downstream industries: the OECD 2013 REGIMPACT indicator By dx.doi.org Published On :: Fri, 03 Jun 2016 17:19:00 GMT This document presents the new 2013 set of the OECD Regulatory Impact (REGIMPACT) indicator. It measures the impact of regulatory barriers to competition in non-manufacturing sectors on all industries, through intermediate inputs. Full Article
ea European economy is slowly recovering but legacies of the crisis remain and new challenges are emerging By www.oecd.org Published On :: Fri, 10 Jun 2016 10:02:00 GMT The European economy is gradually recovering but further policy action will be required to address unresolved legacies of the global economic crisis that are weighing on growth and major new concerns that have emerged, according to two new OECD reports. Full Article
ea The contribution of weak investment to the productivity slowdown By oecdecoscope.wordpress.com Published On :: Fri, 10 Jun 2016 17:03:00 GMT Concerns around weak productivity growth are everywhere these days. As the latest OECD Economic Outlook notes, since the mid-2000s, productivity growth has been markedly lower than at any other time since the 1950s. Full Article
ea US economy growing steadily but key reforms needed By www.oecd.org Published On :: Wed, 15 Jun 2016 11:42:00 GMT 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. Full Article
ea Boosting Canada’s productivity through greater small business dynamism By oecdecoscope.wordpress.com Published On :: Mon, 20 Jun 2016 17:07:00 GMT A dynamic small business sector can heighten competition and underpin productivity growth, as discussed in the 2016 OECD Economic Survey of Canada and Carey et al. (2016, forthcoming). Full Article
ea The UK’s heart is wobbling but there are good reasons to Remain in the Union By oecdecoscope.wordpress.com Published On :: Mon, 20 Jun 2016 17:10:00 GMT Membership of the European Union contributes to the economic prosperity of the United Kingdom. Full Article
ea Turkey: Challenging times call for pushing ahead with economic reform By www.oecd.org Published On :: Fri, 15 Jul 2016 08:00:00 GMT Turkey’s economy has proven remarkably resilient in the face of a challenging global economic context. However, further action can be taken to raise productivity and advance the shift to a more balanced, sustainable and stronger growth path that will boost living standards for the entire population, according to the latest OECD Economic Survey of Turkey. Full Article
ea Boosting productivity through greater small business dynamism in Canada By dx.doi.org Published On :: Wed, 27 Jul 2016 11:02:00 GMT Small business dynamism is a feature of an SME sector that contributes to overall productivity growth, not an end in itself. Full Article
ea Priorities for completing the European Union's Single Market By dx.doi.org Published On :: Wed, 27 Jul 2016 11:18:00 GMT To support the recovery, structural reforms that yield short-run as well as long-run gains should be prioritised. Full Article
ea OECD to help put innovation at heart of G20 global growth strategy By www.oecd.org Published On :: Mon, 05 Sep 2016 16:40:00 GMT Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy. Full Article
ea OECD warns weak trade and financial distortions damage global growth prospects By www.oecd.org Published On :: Wed, 21 Sep 2016 09:27:00 GMT Weak trade growth and financial distortions are exacerbating slow global economic growth, according to the OECD’s latest Interim Economic Outlook. Full Article
ea Green shoots of recovery in entrepreneurship beginning to appear By www.oecd.org Published On :: Wed, 28 Sep 2016 14:00:00 GMT The post-crisis recovery in entrepreneurial activity remains mixed across countries, but new data released today by the OECD provides tentative signs of a turning point, with trends in enterprise creation rates pointing upwards in most economies. Full Article
ea Cardiac arrest or dizzy spell: Why is world trade so weak, what can policy do about it? By www.oecd.org Published On :: Fri, 30 Sep 2016 06:16:00 GMT World trade growth was rapid in the two decades prior to the global financial crisis but has halved subsequently. Full Article
ea Inefficient insolvency regimes: a barrier to creative destruction? By oecdecoscope.wordpress.com Published On :: Mon, 10 Oct 2016 11:48:00 GMT A key recent OECD work, the "Future of Productivity" implies that inefficient firms increasingly linger as opposed to exit the market, despite their inability to adopt new technologies. Full Article
ea Raising Korea’s productivity through innovation and structural reform By dx.doi.org Published On :: Tue, 11 Oct 2016 15:10:00 GMT Raising productivity requires addressing a wide range of policies that affect resource allocation, the creation and diffusion of technology, human capital and the creation and financing of start-ups. Full Article
ea Labour market reforms in Korea to promote inclusive growth By dx.doi.org Published On :: Tue, 11 Oct 2016 15:13:00 GMT Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons. Full Article
ea Unleashing private sector productivity in the United States By dx.doi.org Published On :: Tue, 11 Oct 2016 15:14:00 GMT Productivity growth has been sluggish since the Great Recession and had been slowing before it. Full Article
ea Realising and expanding opportunities in the United States By dx.doi.org Published On :: Tue, 11 Oct 2016 15:46:00 GMT Measures that enable the acquisition of new skills and reduce mismatches between the demand and supply of existing skills can boost US economic growth and make its benefits more inclusive. Full Article
ea Mind the gaps: boost early childcare education and care in Costa Rica By oecdecoscope.wordpress.com Published On :: Wed, 12 Oct 2016 15:21:00 GMT Costa Rican well-being indicators are comparable or even above the OECD average in several dimensions (OECD, 2016a). Nevertheless, gaps with OECD countries are large in two dimensions: labour market participation and education. Full Article
ea Funding priority spending will become increasingly challenging in Indonesia By oecdecoscope.wordpress.com Published On :: Mon, 24 Oct 2016 10:34:00 GMT As described in the 2016 OECD Economic Survey of Indonesia, economic growth is expected to pick up over the course of 2016 and into 2017. Despite persistently weak external conditions, confidence is returning, with inflation moderating, a stable rupiah and government investment in infrastructure gathering pace. Full Article
ea Labour mobility in the European Union: a need for more recognition of foreign qualifications By oecdecoscope.wordpress.com Published On :: Thu, 27 Oct 2016 11:13:00 GMT Labour market mobility in the European Union is increasing, but it remains too low to provide sufficient adjustment in the face of diverging labour market developments. Full Article
ea Unleashing private sector productivity in the United States By oecdecoscope.wordpress.com Published On :: Wed, 02 Nov 2016 11:56:00 GMT With the global economy mired in low-growth and no signs of strong acceleration, a lot of attention has been paid to the meagre pace of productivity growth in OECD countries. Full Article
ea Can reforms promoting growth increase financial fragility? An empirical assessment By www.oecd.org Published On :: Tue, 15 Nov 2016 11:14:00 GMT 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. Full Article
ea Can reforms promoting growth increase financial fragility? An empirical assessment By dx.doi.org Published On :: Tue, 15 Nov 2016 14:34:00 GMT 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. Full Article
ea Unleashing private sector productivity in the United States By oecdecoscope.wordpress.com Published On :: Tue, 06 Dec 2016 09:22:00 GMT In the United States, the most watched indicator of productivity (nonfarm business productivity growth) decelerated about ¾ percentage point from 2009 to 2014 relative to the preceding 5-year period. Full Article
ea Composite Leading Indicators (CLI), OECD, December 2016 By www.oecd.org Published On :: Thu, 08 Dec 2016 16:55:00 GMT Growth momentum picking-up in several advanced economies and strengthening in major emerging economies Full Article
ea Coping with creative destruction: reducing the costs of firm exit By dx.doi.org Published On :: Tue, 13 Dec 2016 11:29:00 GMT A policy framework that does not unduly inhibit the creative destruction process is vital to sustaining productivity growth. Yet, a key question is what happens to workers who lose their jobs due to this process and what are the policies that minimise the costs of worker displacement? Full Article
ea Coping with Creative Destruction: Reducing the Costs of Firm Exit By oecdecoscope.wordpress.com Published On :: Wed, 14 Dec 2016 16:07:00 GMT What happens to workers who lose their jobs due to firm exit – how quickly are they re-employed and what are the policies that can aid this process? Full Article