ic Policies for inclusive and sustainable growth in Indonesia By dx.doi.org Published On :: Wed, 22 Jul 2015 17:38:00 GMT Indonesia has a very good record of poverty reduction, having halved its incidence over the past two decades. Nevertheless, almost 30 million people still live below the national poverty line, mostly in rural areas and in certain provinces. Full Article
ic Non-standard contracts, flexibility and employment adjustment: empirical evidence from Russian establishment data By dx.doi.org Published On :: Tue, 11 Aug 2015 12:39:00 GMT This paper examines the use of two forms of non-standard work contracts in Russia with data from an enterprise survey for the years 2009 to 2011. Non-standard work contracts are less costly and more flexible for employers. Internal adjustment in form of wage cuts or unpaid leave is not covered by the Labour Code and earlier practices to impose such measures are less tolerated. Full Article
ic 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
ic 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
ic Structural policies and productivity: evidence from Portuguese firms By dx.doi.org Published On :: Wed, 02 Sep 2015 11:39:00 GMT This paper provides empirical evidence on links between the productivity of Portuguese firms and a number of policy variables in Portugal. The analysis is based on a census of Portuguese manufacturing companies, covering more than 40,000 firms between 2006 and 2011. Full Article
ic Gender equality and economic growth in India: a quantitative framework By dx.doi.org Published On :: Tue, 15 Sep 2015 10:38:00 GMT This paper studies how public policies, including pro-women interventions, can raise female labour force participation and promote economic growth in India. Full Article
ic Ireland needs to sustain reform momentum to secure economic recovery and ensure it benefits all By www.oecd.org Published On :: Tue, 15 Sep 2015 11:00:00 GMT A strong commitment to reform and a business-friendly environment have helped Ireland return to robust economic expansion, offering the government an opportunity to heal the scars of the crisis, according to the latest OECD Economic Survey of Ireland. Full Article
ic Sub-par global growth and slowdown in emerging economies requires a shift in policy action By www.oecd.org Published On :: Wed, 16 Sep 2015 11:00:00 GMT Economic recovery is progressing in the world’s advanced economies, but stagnating world trade and deteriorating conditions in financial markets are curbing growth prospects in many of the major emerging economies, according to the OECD’s latest Interim Economic Outlook. Full Article
ic Children paying a high price for growing inequality, OECD How’s Life? report finds By www.oecd.org Published On :: Tue, 13 Oct 2015 20:00:00 GMT Children are paying a high price for today’s growing inequality, according to a new OECD report. Full Article
ic Brazil faces critical moment to put economy back on track By www.oecd.org Published On :: Wed, 04 Nov 2015 14:40:00 GMT Brazil has made remarkable social and economic progress in the past two decades, but must now overcome important challenges if it is to put its economy on a stronger, fairer, greener growth trajectory, according to two new reports from the OECD. Full Article
ic Institutions to promote pro-productivity policies: logic and lessons By www.oecd.org Published On :: Thu, 12 Nov 2015 14:20:00 GMT In order to promote productivity, and thus boost living standards in the long run, public policies need to focus on improving incentives, capabilities and flexibility within an economy. Full Article
ic Frontier firms, technology diffusion and public policy: Micro evidence from OECD countries By www.oecd.org Published On :: Thu, 12 Nov 2015 14:23:00 GMT This paper analyses the characteristics of firms that operate at the global productivity frontier and their relationship with other firms in the economy, focusing on the diffusion of global productivity gains and the policies that faciliate it. Full Article
ic Policies for Productivity Growth By www.oecd.org Published On :: Tue, 08 Dec 2015 07:34:00 GMT Where does the productive capacity of firms come from? What are the barriers that prevent resources to flow to the firms with the greatest potential? Why is it that not all people that possess entrepreneurial talent choose to start firms? Full Article
ic The time is now for a new Latin America-China partnership to foster mutual development strategies, says the Latin American Economic Outlook 2016 By www.oecd.org Published On :: Fri, 11 Dec 2015 23:35:00 GMT Latin America’s GDP growth slowdown deepened and is expected to be negative in 2015. For a second consecutive year, Latin America falls behind the average growth of OECD countries after a full decade of convergence with advanced economies, according to the Latin American Economic Outlook 2016. Full Article
ic Household debt in OECD countries: stylised facts and policy issues By dx.doi.org Published On :: Wed, 10 Feb 2016 14:50:00 GMT This paper offers an overview of developments in household debt over the past decades across a large sample of OECD countries, highlighting both common trends and country specificities. It examines the vulnerabilities associated with high household debt for households, the financial system and the wider economy. Full Article
ic Costa Rica: Stronger and more inclusive growth will require new reforms By www.oecd.org Published On :: Mon, 15 Feb 2016 13:55:00 GMT Costa Rica has made impressive economic, social and environmental progress, but further institutional and policy reforms will be necessary to ensure stronger and more inclusive growth, according to the first-ever OECD Economic Assessment of Costa Rica. Full Article
ic Elusive global growth outlook requires urgent policy response By www.oecd.org Published On :: Thu, 18 Feb 2016 11:00:00 GMT Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook. Full Article
ic Policies to tame the housing cycle in Switzerland By dx.doi.org Published On :: Thu, 18 Feb 2016 15:30:00 GMT High house prices are being supported by very low interest rates, immigration-fuelled population growth and smaller family units, while demand is being bolstered by mortgage interest tax deductibility and institutional investors. Full Article
ic Global economy urgently needs a stronger and more coherent policy response to promote robust and inclusive growth By www.oecd.org Published On :: Wed, 24 Feb 2016 17:55:00 GMT Policymakers need to deploy broad-based reform plans that incorporate monetary, fiscal, and structural policies to stimulate persistently weak demand, re-launch productivity growth, create jobs and build a more inclusive global economy, according to the OECD’s annual Going for Growth report. Full Article
ic 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
ic Do environmental policies affect global value chains? A new perspective on the pollution haven hypothesis By dx.doi.org Published On :: Thu, 10 Mar 2016 09:56:00 GMT Using a gravity model of bilateral trade in manufacturing industries for selected OECD and BRIICS countries over 1990s-2000s, this paper studies how exports are related to national environmental policies. Full Article
ic 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
ic Labour market transitions in Italy: job separation, re-employment and policy implications By dx.doi.org Published On :: Tue, 19 Apr 2016 15:58:00 GMT Italy’s low employment rate is associated with adverse labour market dynamics characterised differently across different categories of people. Full Article
ic Regulatory management practices in OECD countries By www.oecd-ilibrary.org Published On :: Thu, 28 Apr 2016 15:21:00 GMT This paper provides analysis of the regulatory governance of network sector regulators in electricity, gas, telecommunications, rail, airport and ports within the OECD as it stood in 2013. Full Article
ic Structural reforms in a difficult time By oecdecoscope.wordpress.com Published On :: Wed, 25 May 2016 16:39:00 GMT The pace of structural reforms is slowing just when the world economy needs decisive policy actions to strengthen fundamentals and restore healthy growth (the 2016 Going for Growth report). Policy makers may be concerned that introducing structural reforms in the current context involve trade-offs between the mid- to long-run gains in employment and productivity and short-run losses. Full Article
ic Making growth more inclusive in Costa Rica By dx.doi.org Published On :: Thu, 26 May 2016 10:53:00 GMT In the past 30 years Costa Rica has grown steadily and social indicators have improved markedly. Well-being indicators are comparable or even above the OECD average in several dimensions, such as health, environment or life-satisfaction. This paper reviews the social progress that Costa Rica has achieved and identifies reducing inequality and poverty as the main challenges. Full Article
ic New OECD indicators trace productivity growth slowdown pre- and post- crisis By www.oecd.org Published On :: Thu, 26 May 2016 17:10:00 GMT 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. Full Article
ic Global economy stuck in low-growth trap: Policymakers need to act to keep promises, OECD says in latest Economic Outlook By www.oecd.org Published On :: Wed, 01 Jun 2016 16:47:00 GMT The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook. Full Article
ic 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
ic Czech Republic needs new reforms to boost productivity and accelerate convergence with the most advanced countries By www.oecd.org Published On :: Mon, 06 Jun 2016 15:20:00 GMT 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. Full Article
ic Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks By www.oecd.org Published On :: Mon, 13 Jun 2016 15:01:00 GMT The Canadian economy is adjusting to the fall in commodity prices, but additional policies are needed to boost productivity, reduce financial stability risks and make future growth stronger, greener and more inclusive, according to a new OECD report. Full Article
ic Germany’s economic performance is strong but productivity and investment need a boost By oecdecoscope.wordpress.com Published On :: Wed, 22 Jun 2016 10:54:00 GMT The German economy has steadily recovered from the 2008 global crisis. Thanks to past reforms, the labour market has proved strong and export performance has been impressive. Full Article
ic Revisiting policy options for more jobs By oecdecoscope.wordpress.com Published On :: Thu, 30 Jun 2016 10:18:00 GMT In many OECD countries, the labour market has yet to recover the lost ground suffered in the aftermath of the financial crisis. In some of them, unemployment has been persistently high, resulting in a very high incidence of long-term unemployment. Full Article
ic Leveraging R&D and innovation policies to foster productivity in Czech Republic By oecdecoscope.wordpress.com Published On :: Tue, 12 Jul 2016 10:50:00 GMT Productivity catch-up along with deeper integration into the global economy played a central role in the convergence of the Czech incomes toward OECD countries before the 2008 financial crisis. Full Article
ic 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
ic Tackling the three main challenges in Costa Rica: fiscal reform, reverting the slowdown in productivity and reducing inequality By oecdecoscope.wordpress.com Published On :: Tue, 19 Jul 2016 10:35:00 GMT Costa Rica’s economic, social and environmental achievements are impressive. It has succeeded in combining rising living standards, virtually universal health care, pension and primary education systems with sustainable use of natural resources. Full Article
ic Costa Rica: boosting productivity to sustain income convergence By dx.doi.org Published On :: Wed, 27 Jul 2016 15:11:00 GMT Boosting national productivity to sustain the convergence process towards OECD countries living standards will hinge on creating the right conditions for domestic firms to thrive and become more innovative and productive, while maintaining the long-standing commitment to open international markets and investment. Full Article
ic Product market reforms under the microscope By oecdecoscope.wordpress.com Published On :: Wed, 28 Sep 2016 12:08:00 GMT 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. Full Article
ic 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
ic 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
ic Advance warning indicators of past severe GDP per capita recessions in Turkey By dx.doi.org Published On :: Tue, 11 Oct 2016 15:52:00 GMT 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. Full Article
ic The estimation of financial conditions indices for the major OECD countries By olisweb.oecd.org Published On :: Tue, 11 Oct 2016 15:55:00 GMT This paper seeks to provide up to date financial conditions indices for six countries, France, Germany, Italy, Japan, the United Kingdom and the United States, as well as the euro area, updating earlier results by the OECD. Full Article
ic 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
ic OECD Secretary-General Angel Gurría presents new OECD studies with economic and social recommendations to Peruvian President Pedro Pablo Kuczynski By www.oecd.org Published On :: Fri, 14 Oct 2016 17:00:00 GMT Economic and social reforms undertaken over the past two decades have driven Peruvian efforts to achieve sustainable economic growth and important reductions in poverty. Against a context of weak global growth, Peru will need to diversify its economy, boost skills, reinforce productivity across the labour force and unleash the potential of all regions in order to spur more inclusive national growth. Full Article
ic Tax reforms, more efficient public spending and better public governance, keys to consolidating Indonesia’s strong economic progress By www.oecd.org Published On :: Mon, 24 Oct 2016 09:00:00 GMT 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. Full Article
ic Global Forum on Environment and Economic Growth By www.oecd.org Published On :: Mon, 24 Oct 2016 09:52:00 GMT This Global Forum, held on 24-25 October 2016, aimed to shed light on the links between environment and economic growth, and the toolkits to quantify these links. It provided a platform to explore how a well-managed natural environment can contribute to economic growth and how an effective and efficient regulatory system can best be designed? Full Article
ic 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
ic The use of models in producing OECD macroeconomic forecasts By www.oecd-ilibrary.org Published On :: Thu, 03 Nov 2016 12:05:00 GMT This paper firstly describes the role of models in producing OECD global macroeconomic forecasts; secondly, reviews the OECD's forecasting track record; and finally, considers the relationship between forecast performance and models. Full Article
ic How do policies influence GDP tail risks? By www.oecd.org Published On :: Tue, 15 Nov 2016 10:59:00 GMT This paper explores the relationship between policy settings and extreme positive and negative growth events, what we call GDP tail risks, using quantile regression methods. Full Article
ic 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