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OECD Recommendation on Principles for Public Governance of Public-Private Partnerships

The OECD Recommendation on Principles for Public Governance of Public-Private Partnerships can help governments get PPPs right, by providing best practices based on Member country experiences with what works (and what doesn't).




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Tackling Turkey’s external and domestic macroeconomic imbalances

Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis, with annual growth averaging close to 9% over 2010-11




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Public debt, economic growth and nonlinear effects: myth or reality?

The economics profession seems to increasingly endorse the existence of a strongly negative nonlinear effect of public debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt to GDP ratio higher than 90% of GDP is associated with considerably lower economic performance in advanced and emerging economies alike.




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The role of the Centres of Governments in meeting today’s economic challenges

Secretary-General Angel Gurría welcomes a network of senior officials attending the 31st Centres of Government (COG) meeting held in London. Highlights include the importance of institutions in economic reform through improved co-ordination, outreach and transparency.




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Risk Management: Illicit Trade and the Illegal Economy

OECD Workshop on assessing the harms posed by illicit trade and the illegal economy for global supply chain integrity, economic growth, and market security.




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Fiscal federalism and its impact on economic activity, public investment and the performance of educational systems

Intergovernmental fiscal frameworks usually reflect fundamental societal choices and history and are not foremost geared towards achieving economic policy objectives. Yet, like most institutional arrangements, fiscal relations affect the behaviour of firms, households and governments and thereby economic activity.




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A simple fiscal stress testing model - case studies of Austrian, Czech and German economies

This paper develops a simple model-based framework for stress testing fiscal consolidation strategies under different scenarios of future shocks




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Recovering Trust as a Key to Effective Public Policy

Public trust is the cornerstone of effective governance, the main ingredient to promote economic growth and social progress. Like never before, our citizens have doubts about their government’s capacities to make the right decisions. Therefore, we need to take the necessary measures to recover that confidence, said OECD Secretary-General.




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Rural-Urban Partnerships: An Integrated Approach to Economic Development

This report provides a framework to understand the changing relationships between urban and rural areas. Specifically, it documents the characteristics of these partnerships and the factors that can hinder as well as enable rural-urban co-operation.




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Improved multi-level governance key to tackling widening regional inequalities and ensuring inclusive recovery

The economic crisis has hit certain regions and cities harder than others in the OECD area, calling for better regional policies across levels of governments to foster an inclusive and sustainable recovery, according to two new OECD reports.




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New econometric estimates of long-term growth effects of different areas of public spending

Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth.




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Recommendation of the OECD Council on Effective Public Investment Across Levels of Government

Recommendation of the OECD Council on Effective Public Investment Across Levels of Government




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OECD Recommendation on the Governance of Critical Risks

The OECD Recommendation on the Governance of Critical Risks seeks to foster future cooperation between countries and with key partners,including the private sector, building common ground and promoting continuous improvement regarding the governance and management of critical risks.




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World Economic Forum: Global Agenda Council Launches Guide to Good Government and Trust-Building

World Economic Forum: Global Agenda Council Launches Guide to Good Government and Trust-Building




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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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Economic uncertainties and their impact on activity in Greece compared with Ireland and Portugal

Uncertainty faced by households and firms affects economic activity. The rise in uncertainty since the beginning of the sovereign debt crisis in Greece could be one factor that has contributed to the steep and long-lasting recession. This paper presents a brief empirical analysis quantifying this phenomenon and compares it with developments in Ireland and Portugal.




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Hermosillo progresses steadily in the implementation of OECD recommendations to simplify formalities

The Municipality of Hermosillo in Mexico shows a 12% progress in the implementation of OECD recommendations to simplify formalities to boost entrepreneurship and create employment.




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Reducing macroeconomic imbalances in Turkey

Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process.




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Poorer regions struggling to catch up in advanced economies, says OECD

Living standards continue to diverge within many economically advanced countries as poorer regions struggle to catch up with richer ones. Half of the 34 OECD countries have seen the income gap between their best-off and worst-off regions widen since the 2008 crisis, according to new OECD research.




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Implementation of OECD recommendations to improve business formalities in the Municipality of Hermosillo

The second progress report in the implementation of regulatory improvement actions shows a 52% progress for the Municipality of Hermosillo.




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Recommendation on Public Procurement

This Recommendation provides clear and effective guidance on how to implement a public procurement system that uses state-of-the-art tools and techniques to use public funds sustain-ably and efficiently.




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Assessing government initiatives on public sector information - A review of the OECD Council Recommendation

Better access to and use of public sector information (PSI), including open government data, are inter-related parts of the shift towards knowledge-based economies, and drivers of innovation, growth and employment. PSI can be used directly to generate products and services, and it contributes in a wide variety of ways to improving efficiency and productivity across the economy (including within the public sector).




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Macroeconomic uncertainties, prudent debt targets and fiscal rules

The objective of this paper is to define long-run prudent debt targets for OECD countries and country-specific fiscal rules. To this end, a semi-structural macroeconomic model for OECD countries and primary balance reaction functions are estimated.




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Sustaining the economic expansion in New Zealand

Ensuring that permanent spending or tax cuts are implemented in a sustainable manner would encourage the strong fiscal position that New Zealand needs to meet potentially large macroeconomic shocks and long-run ageing-related costs.




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Healthcare costs unsustainable in advanced economies without reform

Healthcare costs are rising so fast in advanced economies that they will become unaffordable by mid-century without reforms, according to a new OECD report.




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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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Taxes, income and economic mobility in Ireland: new evidence from tax records data

This paper analyses income inequality in Ireland using a new panel dataset based on the administrative tax records of the Revenue Commissioners for Ireland.




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OECD Recommendation on Gender Equality in Public Life

This Recommendation offers a whole-of-government policy arsenal commonly agreed upon among OECD Members that governments can use to close remaining gender gaps in public life, scale up inclusive approaches to policy making and public service delivery, and monitor continuous progress.




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The Contribution of Mutual Recognition to International Regulatory Co-operation

This OECD Regulatory Policy Working Paper relies on an empirical stocktaking of mutual recognition agreements (MRAs) among selected OECD countries. It aims to build a greater understanding of the benefits and pitfalls of one of the 11 mechanisms of international regulatory co-operation.




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New Approaches to Economic Challenges in a Century of Cities

Blog article on the complex and multi-dimensional challenges faced by city policy-makers in addressing urban issues at all levels of government.




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Japan will need reforms to ease economic blow of a shrinking workforce

Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD.




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Improvements in Chile’s regulatory policy would bring major benefits to the‎ economy and society

Chile has improved its regulatory policy in recent years, but could see benefits from further measures and a comprehensive effort to improve the way it prepares and issues new laws and regulations, 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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Cities will become inequality traps without better housing, transport policies

Governments should rethink city housing, transport and other urban systems to ensure that fast-growing cities do not become inequality traps, according to a new OECD report showing that a majority of cities have higher levels of inequality than the national average.




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Torreon maintains pace in implementing the OECD recommendations to improve regulatory quality

The Municipality of Torreon has reached 49% progress in implementing the 267 recommendations delivered by OECD to improve its regulatory framework.




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Can an increase in public investment sustainably lift economic growth?

This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances.




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Public finance, economic growth and inequality: A survey of the evidence

This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies.




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Malaysia’s economic success story and challenges

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.




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Malaysia’s economic success story and challenges

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.




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OECD Recommendation on Disaster Risk Financing Strategies

Adopted by the OECD Council on 23 February 2017, this Recommendation provides high-level policy guidance for designing a strategy for addressing the financial impacts of disasters on individuals, businesses and sub-national levels of governments, as well as the implication for public finances.




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Irrational me… Behavioural Economics hits its stride (OECD blog)

Behavioural economics incorporates behavioural, social and cognitive dimensions into economic thinking, and its practice has grown as economists strive to improve their models, forecasts and policies. Today it is making a measurable difference in policy effectiveness around the world.




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OECD Assessment of Ireland’s second Public Service Reform Plan (2014 - 2016)

The OECD was invited to assess key elements of the Second Irish Public Service Reform Plan (PSRP 2014-2016), with a view to informing future public service reform efforts in Ireland.




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Draft OECD Recommendation of the Council on Open Government: Online public consultation

The OECD is now developing a new Recommendation on Open Government, which aims to help the countries that will adhere to it design and implement successful open government reforms by identifying a clear, actionable, evidence-based, and common framework for the governance of open government* .




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Making stock markets work to support economic growth

This study provides critical observations on the state of key global equity markets as recent developments have put into question their efficiency and effectiveness in facilitating capital formation. It covers the top 26 initial public offering (IPO) producing nations, with a particular focus on stock markets in the United States.




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Recommendation of the OECD Council on Effective Public Investment Across Levels of Government

Recommendation of the OECD Council on Effective Public Investment Across Levels of Government




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OECD Forum 2016: Productive economies, Inclusive societies

Forum 2016, entitled Productive economies, Inclusive societies will be organised around the 3 cross-cutting themes of the OECD Week: inclusive growth and productivity, innovation and the digital economy, and international collaboration for implementing international agreements (COP21 and the Sustainable Development Goals) and standards (BEPS and automatic exchange of information).




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Can better international co-operation help build a fairer global economy?

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.




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How worrying is the outlook for the global economy?

The OECD expects world economic growth to fall to 2.9% this year- its weakest annual rate since the financial crisis.




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The platform economy can deliver for its workers too

Have you ever used your smartphone to hail a taxi? Order in lunch? Or to find the help you need, whether from a cleaner or a childminder? If you have, then like millions of people, you probably did so via digital platforms. Every day people are connecting online, whether to use or provide myriad services.