New Zealand enjoyed strong economic growth during 2016, driven by high net inward migration, solid construction activity, booming tourism and supportive monetary policy, although in per capita terms growth has been more in line with that in other advanced economies.

This paper contributes to the empirical literature investigating reasons for the fall in real interest rates in advanced economies.

This paper explores cross-country differences in the design of insolvency regimes and their potential links with two inter-related sources of labour productivity weakness: the survival of "zombie" firms (firms that would typically exit in a competitive market) and capital misallocation.

Living standards in China have greatly improved over the past few decades. Both sustained economic growth and an expansion of the social security system have contributed to a sharp reduction in the number of people in poverty.

The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.

The peace agreement will boost economic growth, but to share it fairly Colombia must also achieve better educational outcomes and bring more people into the more productive formal economy.

Austria’s transition to a digital economy and society is slower than in other high-income small open European economies.

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

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.

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.

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.

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.

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.

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.

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.

Lithuania’s economy has grown faster than most other OECD economies over the past 10 years, unemployment continues to fall and public finances have stabilised after a long period of deficits and rising debt.

Brazil has moved up the ranks of the world’s largest economies while making economic growth ever more inclusive.

Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.

The recent droughts in Brazil’s Rio de Janeiro and São Paulo states have exposed the need to shift from crisis management to effective risk governance of the country’s water resources, according to a new OECD report.

Current carbon prices are falling short of the levels needed to reduce greenhouse gas emissions driving climate change, but even moderate price increases could have a significant impact, according to new OECD research.

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.

This publication looks at regional innovation in Wallonia, Belgium, by examining the political context, governance issues and the role of innovation in the economy, along with regional innovation strategies to promote growth.

More than five years into an economic crisis which has taken on several names–from subprime crisis and financial crisis to great recession–no term accurately depicts the fundamental result of this economic turbulence: people facing hardship.

This paper puts the original Reinhart-Rogoff dataset, made public by Herndon et al. (2013), to a formal econometric test to pin down debt thresholds endogenously. We show that the nonlinear relation from debt to growth is not very robust.

In the run-up to the financial crisis, indebtedness of households and non-financial businesses rose to historically high levels in many OECD countries; gross debt of financial companies rose dramatically relative to GDP. Much of the debt accumulation appears to have been based on excessive risk-taking and exceptional macro-economic conditions and therefore not sustainable.

This working paper presents the background and the details of the simulations behind Box 1.4 of the May 2013 OECD Economic Outlook. A small simulation model is used to evaluate the contribution that the three pillars of the government’s strategy – fiscal consolidation, growth-boosting structural reforms and higher inflation – could make to reversing the rise in Japan’s public debt ratio.

This workshop served to discuss how benchmarking and measuring regulatory performance can help advance a regulatory policy at the sub-national level.

Today’s post is from Kate Lancaster, editor in charge of publications on government finance at the OECD. Government budgets are news. Tough choices have had to be made in these challenging economic times and we’re all interested in how our governments are managing our money.

The Netherlands is a global pioneer in water management with a long history of containing flood risks and reclaiming land from the sea. Yet it will need to adapt its water governance policies to meet the looming challenges of shifting demographics, regional development and climate change, according to an OECD report.

Trust is the glue that holds societies together. It is essential for most social and economic relations. Since the beginning of the economic crisis, OECD countries have been under pressure to restore trust in their institutions, especially in their governments.

The recent droughts in Brazil’s Rio de Janeiro and São Paulo states have exposed the need to shift from crisis management to effective risk governance of the country’s water resources, according to a new OECD report.

Reforms over the past two decades have produced a well-balanced, modern tax system. However, considerable revenues will be needed in the years ahead to expand social spending and infrastructure in order to raise growth and well-being. The challenge is to generate these revenues without penalising growth or exacerbating inequality.

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

In Hungary, young people want to have bigger families, but concerns over issues like housing and striking a work-life balance appear to be obstacles. In response, the government has introduced a range of family-friendly policies–a vital step in helping families fulfil their dreams and in meeting the challenge of a rapidly ageing population.

The Paris floods are another call to action for the international community. Preventing such shocks from happening and limiting the damage they cause should be a public policy priority.

Through measurement, reviews, the identification of good practices and policy dialogue, the OECD seeks to better understand, track and help to improve access to justice.

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.

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.

Blog argues that governments should stop approaching complex challenges through the limitations of their institutions and explore innovative ways of problem solving.

Seminar on Innovations and challenges in the management of a regional policy held in Bratislava, Slovak Republic, 22 February 2017

Indonesia's fiscal position is generally sound and policy making prudent. However, the country still faces important challenges in terms of economic and social development.

Governments have responded differently to new demands on them since the global crisis, with many raising spending on social services, some trimming public sector employment and most stabilising day-to-day running costs at a lower level.

Middle Eastern and North African countries should reform the governance of their state-owned enterprises to bring about greater public accountability and improve their efficiency, according to a new OECD report.

Most businesses are good. They pay their taxes, they create employment, they abide by the laws, and they generally contribute to the societies in which they operate. But what can be done when businesses behave badly? This blog discusses the National Contact Points, the unique grievance mechanism of the OECD Guidelines for Multinational Enterprises, and how could be improved to better fulfill their potential.

A young boy named Kalu, who had been rescued from a carpet-weaving unit in Bihar, once raised a compelling and very significant question when he met then-President Bill Clinton. In conversation with the President, Kalu politely inquired about his plans and policies with regard to the world’s children and their condition.

Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions.

30/05/2017 - Adrian Blundell-Wignall, Special Advisor to the OECD Secretary-General on Financial and Enterprise Affairs, argues that key corporate and financial issues must be addressed if globalisation is to work better for all. These issues are examined in the new 2017 OECD Business and Finance Outlook.

16 February 2018 - OECD and the Food and Agriculture Organization of the United Nations (FAO) launched a pilot project in Paris today to kick-start the practical application of the OECD-FAO Guidance for Responsible Agricultural Supply Chains with 30 leading enterprises.

For proof that the tech industry is not particularly welcoming to women, one need look no further than Google, where women account for just 31% of headcount, falling to a mere 20% in pure tech roles. They are also paid less than their male counterparts, according to a class action lawsuit filed in 2017 by three former employees on behalf of “all women employed by Google in California” for discrimination and unequal pay for equal work. Which did nothing to stop another former employee, who had been laid off after circulating a sexist memo, lodging his own complaint against the Internet giant for “ostracising” conservative white men.

Exports (Fob): Mfc Prds - Iron & Nonalloy Steel Flat Rolled Prds in Brazil increased to 228 USD Million in April from 159.77 USD Million in March of 2020. Exports (Fob): Mfc Prds - Iron & Nonalloy Steel Fl in Brazil averaged 129.79 USD Million from 1989 until 2020, reaching an all time high of 315.58 USD Million in January of 2007 and a record low of 24.20 USD Million in June of 2002. This page includes a chart with historical data for Brazil Exports of : Mfc Prds - Iron & Nonalloy Stee.