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Norway should strengthen its capacity to thrive in a changing world

The Norwegian economy is performing well, despite low oil prices. Further reforms will be needed to diversify the economy, improve public spending efficiency and ensure that today’s high levels of income, well-being and equality are passed on to future generations, according to a new report from the OECD.




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Export and productivity in global value chains – comparative evidence from Latvia and Estonia

This paper investigates the effect of export entry on productivity, employment and wages of Latvian and Estonian firms in the context of global value chain (GVC).




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Lowering barriers to entrepreneurship and promoting small business growth in South Africa

Lowering high levels of unemployment and inequality are amongst the largest challenges facing South Africa.




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Deepening regional integration within the Southern African Development Community (SADC)

Deepening regional integration within the Southern African Development Community (SADC) will raise potential growth for all member countries.




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Making the business environment more supportive of productivity in Belgium

A favourable business environment is crucial to boosting Belgium’s productivity and inclusiveness and to sustain improvements in long-term economic prosperity.




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Raising and mobilising skills to boost productivity and inclusiveness in Belgium

A highly educated and skilled workforce has been an important driver of productivity performance and prosperity in Belgium.




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Norway’s economy, a need to ensure policies can cope with upcoming challenges

In its latest Economic Survey for Norway , the OECD underscores the importance of policy facilitating transition away from oil-related activities and helping businesses seize opportunities from digitalisation and globalisation, through providing i) macroeconomic and financial stability, and ii) improvements to structural-policy settings.




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France: Improving the efficiency of the health-care system

France’s health-care system offers high-quality care. Average health outcomes are good, public satisfaction with the health-care system is high, and average household out-of-pocket expenditures are low.




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Vacancy for Economist, OECD Economics Department

Vacancy for Economist, OECD Economics Department




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Vacancy for Senior Economist, OECD Economics Department

Vacancy for Senior Economist, OECD Economics Department




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Secretary-General of the OECD in Chile on 26 February 2018

In Santiago, he will present the 2018 OECD Economic Survey of Chile, alongside Mr. Nicolás Eyzaguirre Guzmán, Minister of Finance of Chile.




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How to improve Norway’s transport-infrastructure investment

Norway makes substantial public investment in transport and this has intensified in recent years. There is potentially large economic benefit from such investment, particularly as good transport infrastructure can help Norway’s transition away from oil-related activities.




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Mr. Angel Gurría, Secretary-General of the OECD in Brazil on 27-28 February 2018

In Brasilia, he will present the 2018 OECD Economic Survey of Brazil, alongside Mr. Ilan Goldfajn, Central Bank Governor, Mr. Henrique Meirelles, Minister of Finance, and Mr. Dyogo Oliveira, Minister of Planning of Brazil.




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Public spending in education and student’s performance in Colombia

This paper investigates if higher public spending in education and better teacher qualifications are related to student’s performance, using data from Saber 11, a national standardized test conducted by Instituto Colombiano para la Evaluación de la Educación.




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Further reforms to spur trade and investment key for Brazil’s inclusive growth

Brazil is emerging from its long recession and is headed for solid growth in 2018 and 2019 as recent structural reforms start to bear fruit. Sustaining this recovery, unleashing Brazil’s full economic potential and spreading the benefits fairly will require additional efforts to rein in public spending, increase trade and investment, and further focus social spending on those most in need, according to a new OECD report.




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OECD sees stronger world economy, but tensions are rising

The global economic expansion is strengthening, as robust investment growth, an associated rebound in trade and higher employment drive an increasingly broad-based recovery, according to the OECD’s latest Interim Economic Outlook.




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Finland: growing and reforming, but no time for complacency

After a long period of lacklustre economic performance, robust growth has resumed.




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Poland: Build on current economic strength to innovate and invest in skills and infrastructure

Poland’s economic growth remains strong. Rising family benefits and a booming jobs market are lifting household income while poverty rates and inequality are falling, says a new OECD report.




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Global upswing should be used to implement structural reforms to boost incomes and well-being – for the longer term and for all

Governments must implement comprehensive structural reform programmes to sustain stronger, greener and more inclusive growth that will extend beyond the current cyclical upswing, according to the OECD’s annual Going for Growth report.




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United we stand divided we fall: the need for greater inclusiveness in Israel

Today’s excellent outlook offers Israel a unique opportunity to prepare for the challenges of the future which require stronger social cohesion. Israeli society is indeed marked by large inequalities.




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Child benefits and female labour supply – the case of Poland

In 2016 the Polish government introduced a large new child benefit, called “Family 500+”, with the aim to increase fertility from a low level and reduce child poverty. The benefit is universal for the second and every further child and means-tested for the first child. It more than doubles fiscal support for families, making Poland one of the top spenders in the EU concerning cash transfers for families.




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Getting stronger, but tensions are rising

The global economic expansion is strengthening. Global growth is projected to increase from 3.7% in 2017 to around 4% in 2018 and 2019 in our latest Interim Economic Outlook.




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Statistical Insights: New OECD-WTO data provides coherent and comprehensive view of Global Trade in Services

Services comprise a growing share of international trade. Yet detailed statistics on which countries trade which services with which partners remain patchy.




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To fear or not to fear the future of work? Opportunities, disruptions and policy challenges

Rapid technological change – from digitalisation to artificial intelligence, 3D printing and nanomaterials – is transforming the way goods and services are produced and consumed. It will have profound implications for the dynamics of productivity, jobs, investment and trade over the next 10 to 15 years.




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A Genie in a bottle? Globalisation, competition and inflation

Declining inflation in many countries over the past few decades at the same time as rising global competition has led to a debate on the importance of globalisation for domestic inflation. This paper explores the implications of global value chain (GVC) integration and market contestability for inflation using a range of industry-level and micro-data sources.




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Structural reforms to boost growth and living standards in Argentina

Over the last decades Argentina’s living standards have lost ground relative to other developed and emerging economies. Putting Argentina on a path to stronger, inclusive and job-rich growth requires boosting productivity and strengthening investment through wide-ranging structural reforms.




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Multi-dimensional Review of Thailand 2018

Thailand has made remarkable socio-economic progress over the past several decades. Even so, rising prosperity has not been shared equally across the country. Today, Thailand strives to pursue a development path to benefit all, seeking to reinvigorate economic transformation and reduce multifaceted inequalities in the face of a rapidly ageing population and technological change.




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Basic income or a single tapering rule? Incentives, inclusiveness and affordability compared for the case of Finland

This paper compares Finland’s benefit system with two benefit reform scenarios: a uniform benefit for all ("basic income") and a universal tapering rule ("universal credit").




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Tunisia: reviving the process of economic convergence for the benefit of all Tunisians

Tunisia is firmly committed to a process of democratisation that needs underpinning by economic reforms in order to guarantee an improved standard of living for all Tunisians.




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Investment as a transmission mechanism from weak demand to weak supply and the post-crisis productivity slowdown

Current weak labour productivity growth in many OECD countries reflects historically weak contributions from both total factor productivity (TFP) growth and capital deepening.




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Unblocking the productivity potential of local businesses in Ireland

New firm-level analysis undertaken in tandem with the OECD Economic Survey of Ireland 2018 finds that the majority of businesses in Ireland have actually experienced falling productivity since the mid-2000s.




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Thailand’s achievements and challenges as it aspires to become an inclusive high-income country

From a feudal trading hub connecting South with East Asia in the 18th and 19th centuries, Thailand has developed into a rapidly modernising and more urban economy. The second half of the 20th century saw the rapid expansion in manufacturing and services, which underpinned its transformation into an upper-middle-income country.




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Will the inflation genie escape the bottle? New evidence on globalisation, competition and inflation

Markets and commentators are speculating that there may be a sustained pick-up in inflation in the United States, after years of subdued price pressures. Along with continued solid US jobs growth and low unemployment, there are tentative signs of higher wage growth and the fiscal stimulus will also boost short-term growth. Global growth is also getting stronger.




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Costa Rica: Distribuir los beneficios del crecimiento más ampliamente

La economía de Costa Rica es sólida y continúa convergiendo hacia los niveles de vida de los países miembros de la OCDE.




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Mr. Angel Gurría, Secretary-General of the OECD, in Athens on Monday 30 April 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Athens on Monday 30 April 2018 to present the 2018 OECD Economic Survey of Greece, alongside Mr. Alexis Tsipras, Prime Minister of Greece.




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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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Thailand is advancing in participatory and evidence-based regulatory reform

Reforming the public sector, long a priority for Thailand, involves several challenges. Among these, insufficient public participation in policy-making is undermining the efficient allocation of resources toward public needs and development goals.




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Sustainably financing pensions and healthcare in Thailand

Thailand has made remarkable socio-economic progress over the past several decades. Poverty has plummeted and access to education and health services has become near universal.




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The deterioration of the public spending mix during the global financial crisis: Insights from new indicators

The analysis suggests that countries with a counter-cyclical fiscal stance typically have a public spending structure that is more supportive of inclusive growth.




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Benefit reform for employment and equal opportunity in Finland

The combination of different working-age benefits, childcare costs and income taxation creates complexity, reduces work incentives and holds back employment.




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New OECD Framework seeks to drive “urgent, concerted effort” for inclusive growth

“Urgent and concerted effort” is needed from governments to drive more inclusive, sustainable economic growth that benefits everyone in society, according to a new OECD report.




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Tax reform to support growth and employment in Finland

Finland raises a large amount of taxes to finance high-quality public services and redistribute income.




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Enhancing governance in Thailand

The Peace pillar of the 2030 Agenda for Sustainable Development encompasses a diverse range of issues including stability and effective governance.




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Mr. Angel Gurría, Secretary-General of the OECD, in Washington on 6-7 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington on 6-7 June 2018 to present the 2018 OECD Economic Survey of the United States.While in Washington, the Secretary-General will hold bilateral meetings with several US high level officials.




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OECD appoints Laurence Boone as new Chief Economist

OECD appoints Laurence Boone as new Chief Economist




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Mr. Angel Gurría, Secretary-General of the OECD, in Berlin on 11-12 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Berlin on 11-12 June 2018 to attend a meeting with Chancellor Merkel and Heads of International Organisations. While in Berlin, the Secretary-General will also present the 2018 OECD Economic Survey of Germany.




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1st Joint IMF-OECD-World Bank Conference on Structural Reforms

1st Joint IMF-OECD-World Bank Conference on Structural Reforms




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Un mayor crecimiento, aunque se advierten importantes riesgos

Después de un largo período de débil crecimiento, la economía mundial finalmente está creciendo alrededor del 4%, cercano al promedio histórico de las últimas décadas.




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Firms at the productivity frontier enjoy lower effective taxation

Slow productivity growth in advanced economies holds back income gains and therefore improvements in well-being.




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Deeper reforms in Germany will ensure more inclusive and sustainable growth

The German economy is undergoing a robust expansion, with record-low unemployment and real wage gains underpinning domestic demand while strong exports are driving business investment. The strong fiscal position will offer opportunities for funding structural reforms and public investment to meet future challenges, according to a new report from the OECD.