to Stronger policy response needed to avoid risks to growth, especially in the euro area, says OECD in latest Economic Outlook By www.oecd.org Published On :: Tue, 25 Nov 2014 11:30:00 GMT Modest global economic forecasts, continuing high unemployment, and downshifts in potential output,should spur governments with a greater sense of urgency to fully employ monetary, fiscal and structural policy levers to support growth, notably in Europe, according to the OECD’s latest Economic Outlook. Full Article
to Policy Brief: Green growth - Environmental policies and productivity can work together By www.oecd.org Published On :: Thu, 11 Dec 2014 09:00:00 GMT As environmental pressures continue to rise, governments throughout the OECD area have not been sitting back. If anything, the stringency of their policy measures has been increasing on the whole, not least to combat pollution and climate change. And as the evidence shows, stringent environmental policies can be introduced without hurting overall productivity. Full Article
to Norway has some good measures to combat money laundering and terrorist financing, but significant weaknesses undermine overall effectiveness, says FATF By www.oecd.org Published On :: Thu, 18 Dec 2014 13:25:00 GMT Norway has taken some good initiatives to combat money laundering and terrorist financing, but needs to establish overarching policies and strategies, and address significant weaknesses in a number of key areas, according to a new report by the Financial Action Task Force. Full Article
to Implicit regulatory barriers in the EU Single Market: new empirical evidence from gravity models By dx.doi.org Published On :: Tue, 06 Jan 2015 09:53:00 GMT Beyond usual determinants of trade such as GDP, distance, contiguity, free trade areas and language, this analysis mainly focuses on the role of product market regulation stringency and heterogeneity, and on the role of employment protection. Full Article
to Mr. Angel Gurría, Secretary-General of the OECD, in Mexico from 6 to 9 January 2015 By www.oecd.org Published On :: Tue, 06 Jan 2015 15:09:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, was in Mexico from 6 to 9 January 2015 on an official visit, to present the OECD 2015 Economic Survey of Mexico alongside Mr. Luis Videgaray, Minister of Finance of Mexico. Full Article
to Mexico has a unique opportunity to boost growth and share prosperity more widely, according to the OECD By www.oecd.org Published On :: Thu, 08 Jan 2015 17:33:00 GMT Mexico now has the chance to dramatically boost growth rates and resume convergence of its living standards towards those of advanced economies, reduce pervasive labour market informality and drive down high rates of poverty and income inequality. Full Article
to Challenges and opportunities of India’s manufacturing sector By dx.doi.org Published On :: Tue, 13 Jan 2015 09:00:00 GMT Stronger manufacturing would increase productivity and make growth more inclusive, while contributing to improved current account balance. In particular, India should aim for more formal jobs, as these tend to be the most secure and of highest productivity. Full Article
to Building on rural sector is key for economic modernisation in Myanmar, says OECD By www.oecd.org Published On :: Wed, 14 Jan 2015 08:00:00 GMT Improving Myanmar's agricultural sector by building up food processing activities and related services could help the transformation of the country's economy, to a more modern one able to produce higher-value goods for export, according to a new OECD report. Full Article
to Colombia needs a comprehensive tax reform to boost investment and diversify the economy, OECD says By www.oecd.org Published On :: Wed, 14 Jan 2015 17:18:00 GMT The Colombian economy has done remarkably well over the last decade, consistently ranking among the fastest-growing countries in Latin America, but a comprehensive tax reform that promotes investment and diversifies the economy is now needed to put the country on a path toward stronger, sustainable and inclusive growth, according to the latest OECD Economic Survey of Colombia. Full Article
to Mr. Angel Gurría, OECD Secretary-General, on Official visit in Estonia, 28 January 2015 By www.oecd.org Published On :: Wed, 28 Jan 2015 08:00:00 GMT The Secretary-General of the OECD was in Tallinn on 28 January to launch the Economic Survey of Estonia 2015. Full Article
to Reforms needed to boost productivity and accelerate convergence in Estonia, OECD says By www.oecd.org Published On :: Wed, 28 Jan 2015 14:15:00 GMT The underlying strengths of the Estonian economy have helped it bounce back from the crisis, but some challenges remain to finding a steeper, more inclusive and more sustainable growth path, according to the latest OECD Economic Survey of Estonia. Full Article
to 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
to Youth employment and regional development must rank as top priorities in Tunisia to secure stability and prosperity By www.oecd.org Published On :: Tue, 10 Mar 2015 10:00:00 GMT Tunisia has made great strides since 2011 towards greater inclusivity and fairness in its political system, based on the rule of law, transparency and good governance. Full Article
to Structural reforms can help China settle into a “new normal” era of slower, but more sustainable and inclusive growth By www.oecd.org Published On :: Fri, 20 Mar 2015 06:00:00 GMT After three decades of extraordinary economic development, China is shifting to a slower and more sustainable growth path. Further reforms are now needed to ensure that future growth is resilient, inclusive and green, according to the OECD’s latest Economic Survey of China. Full Article
to Indonesia should accelerate reforms and invest in human capital to ensure sustainable and inclusive growth By www.oecd.org Published On :: Wed, 25 Mar 2015 04:00:00 GMT 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. Full Article
to Luxembourg must diversify its economy and maintain a strong and resilient financial sector By www.oecd.org Published On :: Fri, 27 Mar 2015 14:00:00 GMT Luxembourg weathered the global economic crisis well, but must take additional steps to foster the diversification of the economy while ensuring the continuing health of its financial sector, according to the latest OECD Economic Survey of Luxembourg. Full Article
to Swedish economy resilient but needs to focus on productivity and human capital to keep its edge By www.oecd.org Published On :: Mon, 30 Mar 2015 11:51:00 GMT 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. Full Article
to Action is needed to secure future livelihoods in developed and emerging economies, says the OECD Development Centre By www.oecd.org Published On :: Tue, 31 Mar 2015 10:28:00 GMT New global trend such as jobless growth, a rising youth population and resource scarcity threaten to undo much of the progress of recent decades in securing people’s ability to make a living, according to a new report by the OECD Development Centre launched in Paris today at the OECD Global Forum on Development. Full Article
to France must continue its reform process to boost growth and jobs By www.oecd.org Published On :: Thu, 02 Apr 2015 16:00:00 GMT France has begun implementing a series of important pro-growth structural policy measures, but boosting medium-term growth will require more ambitious action to reform the labour market, curb high levels of public spending and taxation and create jobs, according to the latest OECD Economic Survey of France. Full Article
to Raising the potential of the domestically oriented sector in Germany By dx.doi.org Published On :: Wed, 08 Apr 2015 12:54:00 GMT Reforming and deregulating the domestically oriented sectors, including network industries, crafts and professional services would release hidden growth potential and prove beneficial to the economy as a whole. It could also help strengthen domestic demand and reduce dependence on exports. Full Article
to Abenomics’ ‘third arrow’ key to revitalising Japan’s economy By www.oecd.org Published On :: Wed, 15 Apr 2015 00:00:00 GMT 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. Full Article
to SMEs and entrepreneurs need to diversify their funding amid continued credit constraints By www.oecd.org Published On :: Thu, 16 Apr 2015 22:01:00 GMT Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports. Full Article
to Strengthening skill use and school-to-work transitions in the Czech Republic By dx.doi.org Published On :: Tue, 21 Apr 2015 16:21:00 GMT The education system has reacted slowly to changes in labour market needs, leading to an increasing number of school leavers without sufficient qualification. In addition, declining PISA scores and a rising share of low achievers are raising concerns about the quality of the future labour force. Full Article
to 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
to 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
to A snapshot of China’s service sector By dx.doi.org Published On :: Wed, 27 May 2015 16:48:00 GMT The share of the tertiary sector in China’s value added has increased steadily, overtaking the share of the secondary sector in 2013. With increasing incomes, the share of services is expected to grow further as at higher incomes a larger share of income is spent on services. Full Article
to 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
to 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
to Strengthening investment key to improving world economy’s B-minus grade, says OECD By www.oecd.org Published On :: Wed, 03 Jun 2015 16:38:00 GMT Global growth will gradually strengthen towards its pre-crisis trend rate by late 2016 as activity becomes more evenly shared across the major economies and overall external imbalances are less marked than in the run-up to 2007, according to the OECD’s latest Economic Outlook. Full Article
to OECD Ministers launch new framework to boost sustainable investment By www.oecd.org Published On :: Thu, 04 Jun 2015 09:55:00 GMT OECD Ministers have endorsed updated guidelines to help national governments and regional groups create the right conditions to attract domestic and foreign investment. Full Article
to Financial sector must promote inclusive growth By www.oecd.org Published On :: Wed, 17 Jun 2015 15:30:00 GMT Finance is a key ingredient of modern economies, but too much finance may hamper economic growth and worsen income inequality, according to new research from the OECD. Full Article
to Global dialogue on the future of productivity: Towards an OECD productivity network By www.oecd.org Published On :: Fri, 26 Jun 2015 08:00:00 GMT Luis Videgaray, Mexico’s Minister of Finance and Angel Gurría, OECD Secretary-General will co-host this event in Mexico City on 6-7 July 2015, with a welcoming by the President of Mexico. Participants will share their views on the key factors that will influence future productivity growth and the creation of an OECD Productivity Network. Full Article
to Relaunch productivity to boost growth and well-being By www.oecd.org Published On :: Mon, 06 Jul 2015 17:00:00 GMT The slowdown in productivity over the past decade has added to concerns about the long-term economic outlook. But new OECD research shows that policy reforms can revive the diffusion of innovation and make better use of human talent to clear the path for higher and more inclusive productivity growth. Full Article
to Restoring the financial sector and corporate deleveraging in Slovenia By dx.doi.org Published On :: Wed, 22 Jul 2015 16:37:00 GMT Excessive credit growth, poor risk assessment and lax lending standards in the run up to the 2008 global crisis led to unsustainable debt build-up in banks and related corporates. Full Article
to Enhancing dynamism and innovation in Japan's business sector By dx.doi.org Published On :: Tue, 15 Sep 2015 08:59:00 GMT Innovation is key to boosting economic growth in the face of a rapidly ageing population. While Japan spends heavily on education and R&D, appropriate framework conditions are essential to increase the return on such investments by strengthening competition, both domestic and international, and improving resource allocation. Full Article
to 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
to 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
to 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
to The negative effect of regulatory divergence on foreign direct investment By www.oecd-ilibrary.org Published On :: Fri, 20 Nov 2015 16:03:00 GMT The determinants of foreign direct investment (FDI) are explored with gravity models, using a Poisson estimator and a linear estimator, both with fixed effects. Full Article
to Chile: Improving opportunities for all is key to a more inclusive and productive economy By www.oecd.org Published On :: Wed, 25 Nov 2015 15:15:00 GMT A long period of economic expansion in Chile has raised living standards and dramatically reduced poverty, but more needs to be done now to ensure that the country is in a position to move to a stronger, more inclusive and sustainable growth path, according to the latest OECD Economic Survey of Chile. Full Article
to Switzerland: Focus on lifting productivity to guarantee future prosperity By www.oecd.org Published On :: Tue, 01 Dec 2015 14:30:00 GMT Switzerland’s recent economic performance has been impressive, but with growth now slowing new reforms will be necessary to maintain high levels of prosperity and ensure future well-being, according to the latest OECD Economic Survey of Switzerland. Full Article
to Are the SDGs a major reboot or a sequel to the MDGs? By www.oecd.org Published On :: Tue, 08 Dec 2015 10:39:00 GMT The main reason for putting together the Millennium Development Goals (MDGs) was to prevent the Millennium Declaration from falling into oblivion. A declaration issued by a world summit has a shelf-life of about six months. Beyond that period, its life is reduced to a small world, usually the summit’s sponsoring agency. Full Article
to Towards more gender equality in Austria By dx.doi.org Published On :: Wed, 09 Dec 2015 17:25:00 GMT Gender mainstreaming with the aim of more gender equality ranks high on the agenda of Austrian policy makers. Full Article
to 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
to 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
to Finland: Structural reforms needed to boost growth and employment By www.oecd.org Published On :: Thu, 28 Jan 2016 09:31:00 GMT Finland enjoys a high level of income and well-being, but the economy has weakened and new reforms will be necessary to restart growth, boost productivity increase employment and restore competitiveness, according to the latest OECD Economic Survey of Finland. Full Article
to Israel’s economy is sound but it urgently needs to address productivity, inequality and poverty By www.oecd.org Published On :: Sun, 31 Jan 2016 10:30:00 GMT Israel’s economy has strong fundamentals, but the country needs to address productivity, inequality and poverty if it wants to improve well-being and reduce socio-economic divides, according to the OECD’s latest Economic Survey of Israel. Full Article
to 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
to 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
to 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