v

Reaping the benefits of global value chains in Turkey

Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in particular when measured in value added terms.




v

Rebalancing Turkey’s growth by improving resource allocation and productivity in manufacturing

Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough.




v

Reaping the benefits of global value chains in Turkey

Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in particular when measured in value added terms.




v

Rebalancing Turkey’s growth by improving resource allocation and productivity in manufacturing

Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough.




v

Fostering productivity for income convergence in the Czech Republic

Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average.




v

Enhancing public sector efficiency and effectiveness in the Czech Republic

Spending on public administration itself is relatively low and so are indicators of its performance.




v

Trends in productivity and sources of productivity growth in Slovenia

Slovenia’s living standards measured in GDP per capita are currently some 20% below the EU15 average and have not yet reached their pre-crisis level.




v

Trends in productivity and sources of productivity growth in Slovenia

Slovenia’s living standards measured in GDP per capita are currently some 20% below the EU15 average and have not yet reached their pre-crisis level.




v

Fostering productivity for income convergence in the Czech Republic

Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average.




v

Structural reforms can be inclusive; it all depends on the details

Structural reforms are regularly assessed based on their ability to boost GDP per capita. This emphasis relies on the assumption that higher GDP per capita is systematically associated with rising living standards for the vast majority of citizens. This view is increasingly being challenged.




v

Mexico: Reforms are starting to bear fruit, but further action is needed to boost productivity and ensure more inclusive growth, OECD says

Ambitious structural reforms and sound macroeconomic policies have strengthened the resilience of the Mexican economy despite a complex national scenario and challenging global conditions, but more can be done to boost productivity and ensure that growth is inclusive enough to achieve better living conditions for all, according to a new report from the OECD.




v

Boosting productivity in Malaysia

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.




v

Fostering inclusive growth in Malaysia

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.




v

The Walking Dead? Zombie Firms and Productivity Performance in OECD Countries

This paper explores the extent to which “zombie” firms – defined as old firms that have persistent problems meeting their interest payments – are stifling labour productivity performance.




v

Boosting productivity in Malaysia

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.




v

The Walking Dead? Zombie Firms and Productivity Performance in OECD Countries

This paper explores the extent to which “zombie” firms – defined as old firms that have persistent problems meeting their interest payments – are stifling labour productivity performance.




v

Decoupling of wages from productivity: Macro-level facts

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).




v

Decoupling of wages from productivity: Macro-level facts

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).




v

The Best vs. the Rest: The Global Productivity Slowdown Hides an Increasing Performance Gap across Firms

Well-known global companies such as Google, Apple and Amazon of the digital era as well as more traditional ones of the likes of BMW, L’Oreal and Nestlé have recorded impressive productivity gains over the 2000s as they created more and more revenue per employee. At the same time, aggregate productivity growth in the OECD – that reflects the performance of all businesses not just the few most successful ones – has stagnated.




v

The business climate has improved in Indonesia, but this is no time for complacency

The government has put a heavy emphasis on improving the business climate, thereby promoting a competitive, innovative and dynamic private business sector.




v

Strengthening economic resilience: What lessons to draw from the post-1970s record of severe recessions and financial crises

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.




v

Portugal: Successful reforms have underpinned economic recovery

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.




v

Pollution havens? Energy prices are not key drivers of offshoring

New evidence on the effect of energy prices on outward FDI can provide some reassurance in light of concerns about Pollution Havens.




v

Portugal needs stronger investment to maintain growth and improve living standards

Portugal’s economy has successfully recovered from the strong recession that lasted until 2014. Nonetheless, the economy’s still low investment, which has declined far more than in other Euro area countries, remains a source of concern.




v

Finance and productivity: A literature review

This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity.




v

Finance and productivity: A literature review

This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity.




v

India: Strong growth has raised incomes and reduced poverty, but challenges remain

The Indian economy is expanding at a fast pace, boosting living standards and reducing poverty nationwide. Further reforms are now necessary to maintain strong growth and ensure that all Indians benefit from it, according to a new report from the OECD.




v

Economic Survey of Australia 2017

Further structural reform is required to raise productivity growth through a better climate for business and stronger R&D outcomes.




v

Boosting productivity in Mexico through integration into Global Value Chains

Mexico’s structural reforms are already boosting productivity, but more can be done.




v

Modest pick-up in global growth but risks and vulnerabilities could derail recovery

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.




v

Efficient, Equitable and Enforceable: three "Es" for reforming India's tax system and better finance public services

Promoting inclusive growth in India requires improving social and physical infrastructure.




v

Spain: Maintain reform momentum to enhance economic recovery and boost inclusive growth

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.




v

Growth-oriented policy agenda needed to ensure stronger economic recovery with benefits for all workers and households

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.




v

Raising skills holds the key to higher living standards and well-being in Portugal

For each hour worked Portugal produces about half of the output produced in the United States.




v

Reducing poverty durably is a key challenge in Spain

Poverty has risen in Spain in the wake of the crisis, mainly due to lack of quality jobs that provide enough hours of paid work to support decent incomes.




v

Making the most of innovation in China

On several measures, China has caught up with OECD economies in the area of innovation.




v

Japan: Boost employment and productivity to promote inclusive growth and meet demographic challenges

The Japanese economy has gained momentum and is creating jobs, according to a new OECD report. The latest OECD Economic Survey of Japan, presented in Tokyo by OECD Secretary-General Angel Gurría, says that per capita growth rates in recent years have matched those across the OECD – a major improvement. The Survey underlines the key role Abenomics has played in the economic revival.




v

Doing well by doing good: The role of Mexico's firms in achieving sustainable and inclusive growth

The private sector can be a strategic partner in the pursuit of sustainable and inclusive growth, with the ability to have a profound impact, particularly in areas such as climate change, inclusiveness, equality and good governance.




v

Japan needs policies to boost productivity for inclusive growth

Labour productivity in Japan is about a quarter below the average of the top half of OECD countries, which is surprising given Japan's outstanding performance in education and skills and high level of R&D spending.




v

Does everybody enjoy Pura Vida? Decomposing income inequality in Costa Rica

Despite strong economic growth, Costa Rica’s income inequality has increased in the past decade, in stark contrast with other Latin American countries.




v

A revised approach to productivity convergence in long-term scenarios

The paper describes revisions to the trend labour efficiency component of the production function underpinning long-term economic scenarios.




v

Continued slowdown in productivity growth weighs down on living standards

The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.




v

Colombia: Raise productivity and make growth more inclusive

The Colombian economy has been more resilient than other Latin American countries to the recent fall in commodities prices, and remains among the strongest in the region.




v

Solving Non-Performing Loans in Europe to speed up the recovery

Almost 10 years after the outset of the financial crisis in summer 2008, European growth remains modest, constantly underperforming the OECD average.




v

Fostering innovative business investment in Spain

Spain has chronically low productivity growth, which undermines its ability to generate higher living standards.




v

Promoting a private investment renaissance in Italy

Boosting investment is key to supporting the nascent recovery and reviving stagnant productivity.




v

The challenge of boosting innovation and trade, while achieving inclusiveness

The recent pick-up in global growth is good news, but a durable return to healthy growth supported by productivity and trade will require stronger political commitment to implement policy packages to make growth more inclusive.




v

Creating good conditions for innovation-driven productivity gains in Australia

Innovation is key to boosting Australia’s productivity and inclusiveness.




v

Regulation, institutions and aggregate investment: new evidence from OECD countries

This paper investigates the relationship linking investment (capital stock) and structural policies.




v

Regulation, institutions and productivity: new macroeconomic evidence from OECD countries

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.