eco 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
eco Tackling poverty and inequality in Greece is crucial to recovery from crisis By www.oecd.org Published On :: Thu, 10 Mar 2016 09:00:00 GMT Boosting economic growth and investment to create jobs, improve the stability of public finances and provide an effective social safety net are crucial to help Greece recover from the profound social costs of the economic crisis, says the OECD in its latest report. Full Article
eco Germany: Boost investment and productivity for a stronger economy and more inclusive society By www.oecd.org Published On :: Tue, 05 Apr 2016 10:00:00 GMT Germany is in a solid economic position, but ageing and technological change require new investments in people to ensure a stronger and more inclusive society, according to the latest OECD Economic Survey of Germany. Full Article
eco Hungarian economy expanding but reforms needed to boost skills, business investment and incomes By www.oecd.org Published On :: Fri, 06 May 2016 10:41:00 GMT The Hungarian economy has expanded strongly in recent years, helped by robust exports and firm domestic demand. But incomes are among the lowest in the OECD and structural reforms will be needed to sustain growth over the medium term, strengthen business investment and better match skills to labour market needs, according to a new OECD report. Full Article
eco Recovery underway in Denmark, but reforms needed to maintain high living standards and ensure sustainability of social welfare system By www.oecd.org Published On :: Tue, 10 May 2016 10:02:00 GMT Denmark’s economic prospects are improving, but further reforms are needed to maintain the country’s high living standards and ensure the well-being of all citizens, according to a new report from the OECD. Full Article
eco 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
eco 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
eco 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
eco 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
eco 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
eco 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
eco 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
eco 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
eco 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
eco 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
eco 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
eco 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
eco The gig economy will not abolish working 9 to 5 By oecdecoscope.wordpress.com Published On :: Mon, 21 Nov 2016 10:12:00 GMT We have always had plumbers, electricians, and lawyers who do temporary work, and are not paid by a household when they are idle. However, do new apps such as Uber or Deliveroo mean the end of the 9 to 5 job, and do these platforms need to be regulated? Full Article
eco Make better use of fiscal initiatives to escape low-growth trap, OECD says in latest Global Economic Outlook By www.oecd.org Published On :: Mon, 28 Nov 2016 09:02:00 GMT Expansionary fiscal initiatives and maintaining trade openness are needed to push the global economy out of today’s low-growth trap, according to the OECD’s latest Global Economic Outlook. Full Article
eco Enhancing Economic Flexibility: What Is in It for Workers? By www.oecd.org Published On :: Wed, 30 Nov 2016 16:46:00 GMT Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed. Full Article
eco Malaysia’s economic success story and challenges By www.oecd.org Published On :: Wed, 11 Jan 2017 09:00:00 GMT Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy. Full Article
eco Decoupling of wages from productivity: Macro-level facts By dx.doi.org Published On :: Tue, 24 Jan 2017 15:49:00 GMT This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality). Full Article
eco Decoupling of wages from productivity: Macro-level facts By www.oecd.org Published On :: Tue, 24 Jan 2017 18:00:00 GMT This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality). Full Article
eco Strengthening economic resilience: What lessons to draw from the post-1970s record of severe recessions and financial crises By oecdecoscope.wordpress.com Published On :: Mon, 06 Feb 2017 09:08:00 GMT Major global crises such as the 2008-09 episode are mercifully rare, but severe recessions have been quite frequent among OECD countries over the past four decades. Full Article
eco Portugal: Successful reforms have underpinned economic recovery By www.oecd.org Published On :: Mon, 06 Feb 2017 11:00:00 GMT The Portuguese economy is gradually recovering from a deep recession thanks to a broad structural reform agenda that has led to rising economic growth, falling unemployment and remarkable progress in export performance. Full Article
eco Sweden’s economy is resilient and growing strongly, but must address rising challenges By www.oecd.org Published On :: Wed, 08 Feb 2017 16:56:00 GMT The Swedish economy is growing strongly, with unemployment trending downward and living standards among the highest in the world. Maintaining today’s high levels of well-being and addressing new challenges will require further actions to ensure inclusive, resilient and green growth for all, according to a new report from the OECD. Full Article
eco Economic Survey of Australia 2017 By www.oecd.org Published On :: Thu, 02 Mar 2017 13:00:00 GMT Further structural reform is required to raise productivity growth through a better climate for business and stronger R&D outcomes. Full Article
eco Deconstructing income inequality in Costa Rica: an income source decomposition approach By dx.doi.org Published On :: Tue, 07 Mar 2017 02:00:00 GMT Despite an improvement in overall macroeconomic performance in Costa Rica, income inequality has risen and is currently at its maximum historical value. Full Article
eco Modest pick-up in global growth but risks and vulnerabilities could derail recovery By www.oecd.org Published On :: Tue, 07 Mar 2017 16:01:00 GMT Global economic growth is expected to pick up modestly next year to around 3.6 % from a projected 3.3% in 2017 but risks of rising protectionism, financial vulnerabilities, potential volatility from divergent interest rate paths and disconnects between market valuations and real activity hang over the outlook, according to the OECD. Full Article
eco Economic resilience By www.oecd.org Published On :: Tue, 07 Mar 2017 20:40:00 GMT Economic resilience can be strengthened implementing policies aimed at mitigating both the risks and consequences of severe crises. Full Article
eco Spain: Maintain reform momentum to enhance economic recovery and boost inclusive growth By www.oecd.org Published On :: Tue, 14 Mar 2017 13:00:00 GMT The Spanish economy is enjoying a robust recovery from a deep recession, with structural reforms contributing to high growth rates and a gradual decline in unemployment. Full Article
eco Growth-oriented policy agenda needed to ensure stronger economic recovery with benefits for all workers and households By www.oecd.org Published On :: Fri, 17 Mar 2017 15:30:00 GMT Governments must deploy policy packages that take advantage of the synergies between labour, product and financial market reforms to escape the low-growth trap and ensure that benefits are broadly shared by the vast majority of citizens, according to the OECD’s annual Going for Growth report. Full Article
eco The Economics Department is recruiting its Deputy Director! By oecd.taleo.net Published On :: Tue, 25 Apr 2017 18:09:00 GMT The Economics Department is recruiting its Deputy Director. We provide flexible work options, which respects diverse working styles. If you want to join a co-operative, collaborative and respectful work environment where professional development is recognised and encouraged, please visit the job opening. Full Article
eco Does everybody enjoy Pura Vida? Decomposing income inequality in Costa Rica By oecdecoscope.wordpress.com Published On :: Tue, 02 May 2017 11:30:00 GMT Despite strong economic growth, Costa Rica’s income inequality has increased in the past decade, in stark contrast with other Latin American countries. Full Article
eco Taking action on climate change will boost economic growth By www.oecd.org Published On :: Tue, 23 May 2017 09:00:00 GMT Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20. Full Article
eco Solving Non-Performing Loans in Europe to speed up the recovery By oecdecoscope.wordpress.com Published On :: Mon, 29 May 2017 11:56:00 GMT Almost 10 years after the outset of the financial crisis in summer 2008, European growth remains modest, constantly underperforming the OECD average. Full Article
eco Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook By www.oecd.org Published On :: Wed, 07 Jun 2017 15:33:00 GMT The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook. Full Article
eco Regulation, institutions and productivity: new macroeconomic evidence from OECD countries By www.oecd-ilibrary.org Published On :: Thu, 08 Jun 2017 13:58:00 GMT Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level. Full Article
eco Jobs gap closes but recovery remains uneven By www.oecd.org Published On :: Tue, 13 Jun 2017 15:30:00 GMT The job market continues to improve in the OECD area, with the employment rate finally returning to pre-crisis levels. But people on low and middle incomes have seen their wages stagnate and the share of middle-skilled jobs has fallen, contributing to rising inequality, according to a new OECD report. Full Article
eco Economic Survey of New Zealand 2017 By www.oecd.org Published On :: Thu, 15 Jun 2017 10:06:00 GMT New Zealand has experienced robust economic growth since 2012, buoyed by record levels of inward migration and strong terms of trade. Employment has expanded vigorously, reversing much of the increase in unemployment since the onset of the global financial crisis. Full Article
eco Slovak Republic: Strong economy offers opportunity to invest in the future By www.oecd.org Published On :: Wed, 21 Jun 2017 16:45:00 GMT The Slovak Republic continues exhibiting robust economic performance, with strong growth backed by a sound financial sector, low public debt and high international competitiveness drawing on large inward investment. Full Article
eco OECD Economic Survey of Iceland launches Tuesday 27 June 2017 By www.oecd.org Published On :: Thu, 22 Jun 2017 09:57:00 GMT The latest OECD Economic Survey of Iceland, to be published on Tuesday 27 June, analyses the factors behind the country’s remarkable economic turnaround as well as steps that can be taken to preserve sustainable and inclusive growth. Full Article
eco New Zealand has recently enjoyed strong economic growth, but housing and population ageing pose challenges By oecdecoscope.wordpress.com Published On :: Tue, 27 Jun 2017 09:15:00 GMT New Zealand enjoyed strong economic growth during 2016, driven by high net inward migration, solid construction activity, booming tourism and supportive monetary policy, although in per capita terms growth has been more in line with that in other advanced economies. Full Article
eco Economic Survey of Iceland 2017 By www.oecd.org Published On :: Tue, 27 Jun 2017 16:14:00 GMT Iceland is the OECD’s smallest economy and,currently,the fastest growing. A booming financial services and construction led to a deep financial crisis in 2008. However, Iceland has made a remarkable turnaround, helped by spectacular growth of tourism, prudent economic policies and a favourable external environment. Full Article
eco Economic Survey of Austria 2017 By www.oecd.org Published On :: Mon, 17 Jul 2017 16:29:00 GMT Austria’s transition to a digital economy and society is progressing but is slower than in the most advanced economies. A whole-of-government approach should help embrace change and facilitate the flourishing of innovative businesses, work practices and lifestyles throughout Austria. Full Article
eco GDP Growth - Second quarter of 2017, OECD By www.oecd.org Published On :: Mon, 28 Aug 2017 08:59:00 GMT OECD GDP growth accelerates to 0.7% in second quarter of 2017 Full Article
eco Labour market resilience: the role of structural and macroeconomic policies By dx.doi.org Published On :: Mon, 04 Sep 2017 16:25:00 GMT This paper provides an overview of labour market resilience in the wake of the Great Recession of 2008-09 and the role played by macroeconomic and structural policies. Full Article
eco G20 GDP Growth - Second quarter of 2017, OECD By www.oecd.org Published On :: Thu, 14 Sep 2017 16:47:00 GMT G20 GDP growth accelerates to 0.9% in second quarter of 2017 Full Article
eco France: Economy is expanding but reforms needed to maintain benefits and boost jobs By www.oecd.org Published On :: Thu, 14 Sep 2017 17:34:00 GMT The French economy is expanding, the labour market is recovering – albeit gradually - while productivity and the standard of living remain generally high, according to a new OECD report. Full Article
eco OECD sees synchronised momentum for global economy, but urges further policy action to ensure sustainable and inclusive medium-term growth By www.oecd.org Published On :: Wed, 20 Sep 2017 16:52:00 GMT The world economy has picked up momentum, as expanding investment, employment and trade support synchronised growth across most countries, according to the OECD’s latest Interim Economic Outlook. Full Article