v Innovation: Support for young firms would boost job creation, says OECD By www.oecd.org Published On :: Wed, 23 Oct 2013 11:00:00 GMT Young firms play a crucial role in job creation but have missed out on many of the benefits of structural reforms of the past decade in OECD countries. Full Article
v Rural-Urban Partnerships: An Integrated Approach to Economic Development By www.oecd.org Published On :: Thu, 24 Oct 2013 09:00:00 GMT 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. Full Article
v What makes civil justice effective? By www.oecd.org Published On :: Thu, 24 Oct 2013 22:37:00 GMT Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency. Full Article
v Productivity measurement with natural capital By www.oecd-ilibrary.org Published On :: Thu, 07 Nov 2013 08:50:00 GMT The purpose of this paper is to gain a better understanding of the role of natural capital for productivity measurement and as a source of economic growth. Full Article
v France : Reinforcing competitiveness is key to boosting jobs and growth By www.oecd.org Published On :: Thu, 14 Nov 2013 00:05:00 GMT Improving France’s competitiveness is essential to boost the economic growth needed to create jobs and allow citizens and businesses to develop their full potential, according to a new OECD report. Full Article
v China’s march to prosperity: reforms to avoid the middle-income trap By dx.doi.org Published On :: Fri, 15 Nov 2013 09:56:00 GMT China is well-placed to avoid the so-called "middle-income trap" and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. Full Article
v Global economy recovering at moderate pace but more risks ahead, says OECD By www.oecd.org Published On :: Tue, 19 Nov 2013 11:00:00 GMT The global economy is expected to continue expanding at a moderate pace over the coming two years, but policymakers must ensure that instability in financial markets and underlying fragility in some major economies are not allowed to derail growth, according to the OECD’s latest Economic Outlook. Full Article
v Environmental policies and productivity growth - a critical review of empirical findings By www.oecd-ilibrary.org Published On :: Tue, 26 Nov 2013 10:31:00 GMT This paper reviews the empirical evidence on the link between environmental policy stringency and productivity growth, and the various channels through which such effects can take place. Full Article
v Global spillovers from the growth slowdown in emerging market economies By www.oecd.org Published On :: Thu, 28 Nov 2013 11:22:00 GMT A slowdown in EMEs has larger effects on the global economy than in the past, via trade and financial cross-border linkages. Full Article
v OECD Compendium of Productivity Indicators 2013 By www.oecd.org Published On :: Thu, 28 Nov 2013 15:08:00 GMT The productivity compendium provides data and methodological notes and describes the measurement challenges and the data choices that were made, as well as the remaining measurement problems. Full Article
v Israel’s economy growing strongly but further efforts needed to improve living standards, says OECD By www.oecd.org Published On :: Sun, 08 Dec 2013 12:00:00 GMT Israel’s economy is in good shape, but further efforts are needed to fight poverty and close the gap in living standards with other leading nations, according to the OECD’s latest Economic Survey of Israel. Full Article
v The impact of government bond yield increases on banks By www.oecd.org Published On :: Thu, 12 Dec 2013 14:23:00 GMT Government bond yields have recently increased in many OECD countries from rock-bottom levels and a further increase is likely with the normalisation of monetary policies. Full Article
v OECD Economic Survey of Russia launches in Moscow at the Gaidar Forum on Wednesday 15 January 2014 By www.oecd.org Published On :: Fri, 20 Dec 2013 11:08:00 GMT The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum. Full Article
v Mr Gurria strongly supports recently announced plans to revitalise the French economy By www.oecd.org Published On :: Fri, 17 Jan 2014 13:09:00 GMT OECD Secretary-General Angel Gurría strongly supports President François Hollande’s recently announced measures to revitalise the French economy and set it on a path towards stronger growth. Full Article
v OECD Economic Survey of Hungary launches Monday 27 January 2014 By www.oecd.org Published On :: Wed, 22 Jan 2014 17:14:00 GMT The OECD’s latest Economic Survey of Hungary, to be published on Monday 27 January 2014, assesses the country’s exit from recession as well as steps that can be taken to boost its growth potential. Full Article
v The automotive sector: Steering beyond the crisis By www.oecdobserver.org Published On :: Mon, 03 Feb 2014 14:22:00 GMT The car industry has taken a dent since the recession started to bite in 2008, but even before then, new patterns were emerging that would reshape the sector for a long time to come. Full Article
v Economic crisis provides lessons for new approaches to forecasting, says OECD By www.oecd.org Published On :: Tue, 11 Feb 2014 15:27:00 GMT Extreme volatility during the global financial crisis complicated economic forecasting, leading to large errors that underline the need for better modelling methods and new approaches for making and presenting projections. Full Article
v The Euro Area at a Crossroads: Policies for Growth, Jobs and Competitiveness By www.oecd.org Published On :: Mon, 17 Feb 2014 12:34:00 GMT After five years of work at every level to correct the fiscal, financial and external imbalances that led to the crisis, and to reinforce fiscal and financial institutions, the Euro Area is beginning to show signs of recovery. But, despite these positive signs, growth is still weak and uneven. Full Article
v Germany - Keeping the edge: Competitiveness for inclusive growth By www.oecd.org Published On :: Wed, 19 Feb 2014 10:14:00 GMT Despite the harsh external economic environment, Germany has managed to reduce unemployment significantly while buttressing the long-term sustainability of its public finances. Drawing on the expertise and experience of OECD member countries, this report sets out key policy priorities to boost productivity growth and social inclusion. Full Article
v Ambitious structural reforms can pave the return to strong and sustainable growth, OECD says By www.oecd.org Published On :: Fri, 21 Feb 2014 03:30:00 GMT Adopting ambitious and comprehensive structural reform agendas will offer governments the best chance for a return to strong, sustainable and balanced economic growth that creates jobs and reduces inequality, according to the OECD’s latest Going for Growth report Full Article
v Norway’s success in generating inclusive growth can ensure future prosperity, OECD says By www.oecd.org Published On :: Wed, 05 Mar 2014 12:00:00 GMT The Norwegian economy is performing well, generating inclusive growth, strong social mobility and low unemployment. But to ensure future prosperity, Norway must continue with growth-enhancing reforms while ensuring financial stability, according to the OECD’s latest Economic Survey of Norway. Full Article
v Strengthening Poland’s Competitiveness – OECD Recommendations By www.oecd.org Published On :: Mon, 10 Mar 2014 14:37:00 GMT A broad agenda of reforms in four areas – labour markets, education, product markets and innovation – should strengthen Poland’s economy and allow it to continue its path of convergence towards the income levels of the more affluent OECD economies, said Angel Gurría during a seminar in Warsaw. Full Article
v Recovery continuing in G7 countries, but emerging economies are mixed, OECD says By www.oecd.org Published On :: Tue, 11 Mar 2014 12:00:00 GMT Recovery is under way in the world’s advanced economies, underpinned by supportive financial conditions and reduced drag from budgetary tightening, but activity in the major emerging markets is mixed, according to the OECD’s latest Interim Economic Assessment. Full Article
v Czech Republic is recovering, but more must be done to jump-start income convergence with euro area countries, OECD says By www.oecd.org Published On :: Mon, 17 Mar 2014 17:22:00 GMT The Czech economy is finally coming out of a prolonged recession but must take further steps to speed up income convergence towards the euro area countries, according to the OECD’s latest Economic Survey of the Czech Republic. Full Article
v China: Structural reforms for inclusive growth By www.oecd.org Published On :: Fri, 21 Mar 2014 16:51:00 GMT In spite of a slow and uneven global recovery over the past five years, China has maintained strong growth and continued to tackle income inequality, which had been rising, as well as poverty. Drawing on the expertise and collective experience of OECD member and partner countries, this Report presents recent OECD analysis and policy advice in areas that are critical to China’s long-term economic performance and social development. Full Article
v The prudential regulation of financial institutions: why regulatory responses to the crisis might not prove sufficient By www.oecd-ilibrary.org Published On :: Tue, 01 Apr 2014 09:45:00 GMT This paper surveys recent international developments concerning the prudential regulation of financial institutions: banks, the shadow banking system and insurance companies. It concludes that, while substantial progress has been made, the global economy nevertheless remains vulnerable to possible future financial instability. Full Article
v Japan: Advancing the third arrow for a resilient economy and inclusive growth By www.oecd.org Published On :: Tue, 08 Apr 2014 16:20:00 GMT After two decades of low growth and persistent deflation, Japan is showing signs of renewed economic dynamism. But to regain its primacy as a leading economic powerhouse and raise the well-being of its citizens, Japan needs a structural reform package to narrow the productivity gap with leading OECD countries, notably by increasing the labour participation of women and older citizens. Full Article
v Would a growth slowdown in emerging markets spill over to high-income countries? A quantitative assessment By dx.doi.org Published On :: Tue, 22 Apr 2014 09:02:00 GMT Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical effects fade, potential growth declines and external financing conditions tighten. Full Article
v Economic growth from the household perspective: GDP and income distribution developments across OECD countries By dx.doi.org Published On :: Tue, 22 Apr 2014 14:43:00 GMT This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Full Article
v New evidence on the determinants of industrial specialisation By dx.doi.org Published On :: Tue, 22 Apr 2014 15:17:00 GMT Industrial specialization has important implications for economic performance; therefore, understanding its determinants is of key policy relevance. Full Article
v How to improve Israel’s health-care system By dx.doi.org Published On :: Thu, 24 Apr 2014 11:19:00 GMT Israelis enjoy higher life expectancy and have a much younger demographic profile than most OECD countries. However, the demand for health care is expanding rapidly due to population growth and ageing. Full Article
v Netherlands: Make economic, innovation and territorial reforms work together to boost growth and competitiveness, says OECD By www.oecd.org Published On :: Thu, 24 Apr 2014 16:00:00 GMT The Netherlands is gradually emerging from a double-dip recession with strengthened public finances and reforms on track to improve the labour and housing markets and the health care and pension systems. These reforms are paying off, says the OECD. Growth is expected to reach 1% this year and 1.3% in 2015. Full Article
v Make growth socially inclusive for improved well-being and stronger economies – OECD report By www.oecd.org Published On :: Mon, 05 May 2014 10:35:00 GMT Inequality – now at its highest level in decades in many countries – undermines economic growth and well-being, says a new OECD report. But policies to tackle the widening gap between rich and poor will only succeed if they also look beyond income and address better access to high-quality education, health care and public infrastructure, it adds. Full Article
v Countries must improve resilience to disasters or face mounting costs, OECD says By www.oecd.org Published On :: Mon, 05 May 2014 16:47:00 GMT Smarter planning for natural and man-made disasters that increases collaboration between countries and encourages households and businesses to take more responsibility would improve resilience and reduce future economic losses, a new OECD report says. Full Article
v Germany should enact economic and social reforms to make its growth path more inclusive and sustainable, OECD says By www.oecd.org Published On :: Tue, 13 May 2014 12:14:00 GMT Germany’s current economic success offers a good platform for achieving sustainable and inclusive growth, but further reforms will be necessary over the medium and long term, according to the latest OECD Economic Survey of Germany. Full Article
v African countries need to tap global markets more effectively to strengthen their economies, says new African Economic Outlook By www.oecd.org Published On :: Mon, 19 May 2014 09:16:00 GMT By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings. Full Article
v Economic policies and microeconomic stability: a literature review and some empirics By dx.doi.org Published On :: Wed, 21 May 2014 11:41:00 GMT This study reviews the existing literature on the link between economic policies and economic stability at the firm and household level. Based on firm-level and household-level data for a wide range of OECD countries, it also provides preliminary results on sources and patterns of microeconomic volatility. Full Article
v Spillover effects from exiting highly expansionary monetary policies By dx.doi.org Published On :: Wed, 21 May 2014 14:47:00 GMT The prospective normalisation of monetary policies in the main OECD areas will be challenging given that current policy rates are likely to be significantly below neutral levels and that central bank balance sheets will be above the pre-crisis levels by a wide margin. Full Article
v Policies for making the Chilean labour market more inclusive By dx.doi.org Published On :: Wed, 04 Jun 2014 10:09:00 GMT The paper discusses a number of policies that could help to make the Chilean labour market more inclusive and broaden the benefits of growth. These include expanding childcare, promoting a more flexible labour market and strengthening education and skills policies, among others. Full Article
v Trade specialisation and policies to foster competition and innovation in Denmark By dx.doi.org Published On :: Thu, 05 Jun 2014 10:39:00 GMT Danish productivity has grown only weakly over the past two decades, both historically and in relation to other countries, despite sound policies and institutions. Denmark needs to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth. Full Article
v Enhancing competition and the business environment in Hungary By dx.doi.org Published On :: Tue, 10 Jun 2014 11:29:00 GMT Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels. Full Article
v Canada: Sustain inclusive growth by reducing housing market risks and overcoming specific skills shortages, says OECD By www.oecd.org Published On :: Wed, 11 Jun 2014 16:20:00 GMT Canada has experienced solid economic growth since the global crisis, allowing it to reverse recession-induced job losses and put federal public finances on a sound footing, says the OECD. Growth is expected to accelerate from 2.5% this year to 2.7% in 2015. Full Article
v U.S. recovery could be strengthened by key reforms, OECD says By www.oecd.org Published On :: Fri, 13 Jun 2014 11:32:00 GMT Economic recovery in the United States is stronger than in most OECD countries, but it will remain sluggish unless new reforms are launched to boost growth, according to OECD’s latest Economic Survey of the United States. Full Article
v Korea: Implement reforms to develop a creative economy, OECD says By www.oecd.org Published On :: Mon, 16 Jun 2014 13:47:00 GMT Korea needs to move away from its current economic model and implement a range of reforms to develop a creative economy that can sustain long-term growth, according to the latest OECD Economic Survey of Korea. The strategy should be accompanied by new measures to reduce income inequality and poverty, particularly among the elderly, the OECD said. Full Article
v Do resources flow to patenting firms? Cross-country evidence from firm level data By dx.doi.org Published On :: Wed, 18 Jun 2014 10:41:00 GMT This paper exploits longitudinal data on firm performance and patenting activity for 23 OECD countries over the period 2003-2010 to explore the extent to which changes in the patent stock are associated with flows of capital and labour to patenting firms. Full Article
v What explains the volume and composition of trade? Industrial evidence from a panel of countries By dx.doi.org Published On :: Mon, 23 Jun 2014 09:00:00 GMT This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners’ factor endowments and policies have on bilateral trade, and to analyse the effect of tariffs on the volume and composition of trade. Full Article
v Consequences of climate change damages for economic growth – a dynamic quantitative assessment By www.oecd-ilibrary.org Published On :: Wed, 02 Jul 2014 09:00:00 GMT This report focuses on the effects of climate change impacts on economic growth. The analysis finds that the effect of climate change impacts on annual global GDP is projected to increase over time, leading to a global GDP loss of 0.7% to 2.5% by 2060 for the most likely equilibrium climate sensitivity range. Full Article
v Consequences of climate change damages for economic growth – a dynamic quantitative assessment By dx.doi.org Published On :: Wed, 02 Jul 2014 09:00:00 GMT This report focuses on the effects of climate change impacts on economic growth. The analysis finds that the effect of climate change impacts on annual global GDP is projected to increase over time, leading to a global GDP loss of 0.7% to 2.5% by 2060 for the most likely equilibrium climate sensitivity range. Full Article
v Global growth to slow as wage inequality rises over coming decades, says OECD By www.oecd.org Published On :: Wed, 02 Jul 2014 11:00:00 GMT A slowdown in global economic growth and a continuing rise in income inequality are projected for the coming decades, according to a new OECD study which looks beyond the crisis at what the world could look like by 2060. Full Article
v France: Restoring competitiveness By www.oecd.org Published On :: Tue, 08 Jul 2014 11:43:00 GMT Enhancing the productivity and competitiveness of the French economy will demand action on innovation and research, competition, education and vocational training, as well as on the functioning of the labour market, on public-sector efficiency, and on fiscal policy. Full Article