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Productivity measurement with natural capital and bad outputs

This paper presents a productivity growth measure that explicitly accounts for natural capital as an input factor and for undesirable goods, or “bads”, as an output of the production process.




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US long term interest rates and capital flows to emerging economies

This paper studies the association between US long term interest rates and cycles of capital flows to emerging market economies (EMEs). It finds that, indeed, cycles in capital flows to EMEs are linked to global conditions, including global risk aversion and long term interest rates in the United States.




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Managerial capital and business R&D as enablers of productivity convergence

This paper explores the role of managerial capital and business research and development (R&D) in fostering multifactor productivity (MFP) convergence in a panel of 42 countries.




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Italy: Reforms open new prospects for growth and jobs – OECD

Changes to Italy’s political and institutional systems are crucial to ensuring the success of ambitious reforms currently underway to boost economic growth and raise living standards, according to a new OECD report.




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Italia: Le riforme assicurano nuove prospettive per rilanciare la crescita e l’occupazione – OCSE

Cambiare il quadro politico-istituzionale in Italia è fondamentale per garantire che le ambiziose riforme in corso rilancino la crescita e aumentino la qualità della vita, secondo un nuovo rapporto dell’OCSE.




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Indonesia should accelerate reforms and invest in human capital to ensure sustainable and inclusive growth

The Indonesian economy has enjoyed strong and stable growth over the past decade and a half, leading to impressive reductions in poverty and major improvements in living standards. But challenges remain to continue to converge towards higher-income countries, according to the latest OECD Economic Survey of Indonesia.




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Swedish economy resilient but needs to focus on productivity and human capital to keep its edge

The Swedish economy has been among the most resilient in Europe, despite the slow global recovery and high uncertainty, but challenges remain if it is to maintain high growth and well-being and extend prosperity to all, according to the latest OECD Economic Survey of Sweden.




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Abenomics’ ‘third arrow’ key to revitalising Japan’s economy

The Japanese economy is on a path to stronger growth, but fundamental structural reforms are urgently needed to promote a more robust recovery, address high levels of government debt and reverse a trend toward declining living standards, according to the latest OECD Economic Survey of Japan.




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Maintaining an efficient and equitable housing market in Belgium

Housing conditions in Belgium are among the best in OECD countries according to the Better Life Index, as dwellings are of high quality and large, and housing costs are average.




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Gender equality and economic growth in India: a quantitative framework

This paper studies how public policies, including pro-women interventions, can raise female labour force participation and promote economic growth in India.




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Labour market reform for more and better quality jobs in Italy

A well-functioning labour market is indispensable to promote job creation, increase living standards, and develop a cohesive society. In Italy, the various deficiencies of the labour market have resulted in high unemployment, low labour force participation and job-skill mismatch.




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Labour market transitions in Italy: job separation, re-employment and policy implications

Italy’s low employment rate is associated with adverse labour market dynamics characterised differently across different categories of people.




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Advance warning indicators of past severe GDP per capita recessions in Turkey

The global financial crisis and its high economic and social costs have revived academic and policy interest in “early warning indicators” of crises. This paper aims to investigate the performance of vulnerability indicators as advance warning indicators of past severe GDP per capita recessions in Turkey.




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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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Efficient, Equitable and Enforceable: three "Es" for reforming India's tax system and better finance public services

Promoting inclusive growth in India requires improving social and physical infrastructure.




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Promoting a private investment renaissance in Italy

Boosting investment is key to supporting the nascent recovery and reviving stagnant productivity.




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Insolvency Regimes, Zombie Firms and Capital Reallocation

This paper explores cross-country differences in the design of insolvency regimes and their potential links with two inter-related sources of labour productivity weakness: the survival of "zombie" firms (firms that would typically exit in a competitive market) and capital misallocation.




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Enhancing employability and skills to meet labour market needs in Italy

The various deficiencies of the labour market and the educational system have resulted in high unemployment, low labour force participation, low skills levels and high skill mismatch.




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Austria: Embrace digitalisation to boost growth and inclusiveness

The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.




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Embracing digitalisation to boost Austria’s growth potential

Digitalisation will redesign production processes and alter relationships between work and leisure, capital and labour, the rich and the poor, the skilled and the unskilled. It creates opportunities to boost inclusive growth and well-being by raising productivity, enhancing private and public services, and democratising information.




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Findings of the recent literature on international capital flows: implications and suggestions for further research

Financial globalisation has given international capital flows a central role in the functioning of the global economy and has therefore led to considerable economic research over the past 30 years.




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Austria’s digital transition: the diffusion challenge

Austria’s transition to a digital economy and society is slower than in other high-income small open European economies.




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Inclusive labour markets in the digital era: the case of Austria

Digitalisation is one of the megatrends affecting societies and labour markets, alongside demographic change and globalisation.




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Capital-embodied technological progress and obsolescence: how do they affect investment behaviour?

This paper analyses how technological progress embodied in capital goods raises productivity and income, while at the same time it can modify the allocation of consumption, investment and the capital stock.




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The Greek economy is recovering. Improving debt sustainability, tackling poverty and boosting investment are vital to sustaining the positive momentum.

Greece’s recovery from deep economic depression is finally gaining traction, according to the OECD. Economic growth has started to pick up led by a rise in exports while labour market reforms have improved competitiveness and are helping to create jobs.




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OECD Workshop on digital financial assets

Paris, 15-16 May 2018 - This workshop will focus on recent developments and main policy challenges related to the emergence of digital financial assets. Discussions will cover monetary policy and financial systems, regulation, firms’ business and funding models, and taxation.




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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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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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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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Italy Imports

Imports in Italy decreased to 34013.43 EUR Million in February from 36007.56 EUR Million in January of 2020. Imports in Italy averaged 23990.22 EUR Million from 1991 until 2020, reaching an all time high of 40173.09 EUR Million in October of 2018 and a record low of 5285.80 EUR Million in August of 1992. In 2017, imports to Italy rose by 9 percent from the previous year to EUR 401 billion, the highest level since 2011. Main imports were: transport (12 percent of total imports); base metals and metal products (10 percent); chemicals (9 percent); textiles, clothing, leather and accessories (8 percent); food, beverages and tobacco (8 percent); machinery and equipment (7 percent); computers, electronic and optical devices (7 percent); pharmaceutical, chemical-medicinal and botanical articles (6 percent); and crude oil (6 percent). Main import partners were: Germany (16 percent of the total imports); France (9 percent); China (7 percent); the Netherlands (6 percent); Spain (5 percent); Belgium and the US (4 percent each); Russia, the UK and Switzerland (3 percent each). This page provides - Italy Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Italy Core Inflation Rate

Core consumer prices in Italy increased 0.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Italy averaged 1.65 percent from 1997 until 2020, reaching an all time high of 3.06 percent in August of 2008 and a record low of 0.20 percent in October of 2016. In Italy, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Italy Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Brazil: better co-ordination needed to support sustained and equitable growth

Brazil’s economic growth has been supported in recent years by important government investment and social programmes that mobilise resources across the country. These programmes could help Brazil to meet its goals of sustaining economic growth and fostering social development, while reducing regional disparities.




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Brasil: é preciso melhorar a coordenação para apoiar o crescimento sustentado e equitativo

Nos últimos anos, o crescimento econômico do Brasil teve o apoio de importantes investimentos e programas sociais do governo, que mobilizaram recursos em todo o país. Esses programas podem ajudar o Brasil a atingir seus objetivos de crescimento econômico sustentado e promover o desenvolvimento social, reduzindo as disparidades regionais.




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Redefining Urban: a new way to measure metropolitan areas

This report compares urbanisation trends on the basis of a common methodology which helps cross-country comparison of the socio-economic and environmental performance of metropolitan areas in 28 OECD countries.




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Brazil: better co-ordination needed to support sustained and equitable growth

Brazil’s economic growth has been supported in recent years by important government investment and social programmes that mobilise resources across the country. These programmes could help Brazil to meet its goals of sustaining economic growth and fostering social development, while reducing regional disparities.




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Italy and the euro area crisis: securing fiscal sustainability and financial stability

Italy’s policy of fiscal consolidation and growth-friendly structural reforms has substantially improved its economic prospects, but the adverse sentiment that the country has faced in the sovereign bond market over the past years has deep roots.




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Aix-Marseille at the crossroads: Overcoming fragmentation for a stronger metropolitan area

The metropolitan region of Aix-Marseille in the south of France needs to tackle its fragmentated governance if it is to return to more inclusive and sustainable economic growth, according to a new OECD report.




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French capital should prepare now for risk of a costly Seine flood

A major flooding of the Seine River similar to the flood disaster of 1910 could affect up to 5 million residents in the greater Paris area and cause up to 30 billion euros worth of damage, according to a new OECD report.




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OECD Recommendation on Digital Government Strategies

The OECD Recommendation on Digital Government Strategies aims to support the development and implementation of digital government strategies that bring governments closer to citizens and businesses.




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Metropolitan Governance of Transport and Land Use in Chicago

This study aims to assess the degree of institutional fragmentation of transport and land use planning in Chicago. It provides an overview of local governments in metropolitan Chicago and mechanisms for coordination. Five main challenges are identified.




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The Metropolitan Century - Understanding Urbanisation and its Consequences

The world is experiencing a wave of urbanisation that has the potential to greatly benefit residents, countries and the planet at large. This report analyses the secrets of successful cities and the policies that contribute to their success.




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Governing the Metropolitan City of Venice

Governing the Metropolitan City of Venice




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CEOs and governments should treat digital security as an economic risk

Digital security risk should be treated as an economic rather than a technical issue, and should be part of an organisation’s overall risk management and decision-making, according to a new OECD Recommendation to member countries.




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National Urban Policies and Habitat III

The OECD has been selected to co-lead one of the ten policy units contributing Habitat III taking place in Quito, Ecuador from 17-20 October 2016.




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Digital Transformation in Chile: A roadmap to strengthen its governance

Chile has established itself as a regional leader and has been rapidly closing the gap with other OECD countries in the field of digital government.




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Mexico should facilitate greater use of its wealth of open government data

Mexico has become a frontrunner in a short time in making government data publicly accessible, but it now needs to put this wealth of digital information to use to foster innovation and benefit the Mexican economy and society, according to a new OECD report.




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World must act faster to harness potential of the digital economy

Governments must act faster help people and firms to make greater use of the Internet and remove regulatory barriers to digital innovation or else risk missing out on the potentially huge economic and social benefits of the digital economy, the OECD told ministers and high-level officials from almost 40 countries today.




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OECD Ministerial Declaration on the Digital Economy: Innovation, Growth and Social Prosperity

Ministers and high-level representatives from 41 countries and the European Union committed today at the closure of the OECD’s 2016 Digital Economy Ministerial Meeting in Cancun, Mexico, to work together to preserve an open Internet, close digital divides, promote digital skills and generally do more to seize the potential of the digital economy.




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Digital Government Toolkit

Online toolkit designed to help implement the OECD Recommendation on Digital Government Strategies. By comparing good practices across OECD countries, this site can guide decision-makers in using digital technologies to encourage innovation, transparency, and efficiency in the public sector.




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OECD, Habitat III and a New Urban Agenda

The OECD Governance and Territorial Development Directorate has worked closely with United Nations Human Settlements Programme (UN-Habitat) on urban development issues. This webpage highlights the complex governance challenges that cities present and offers guidance on how they may be overcome.