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Seminar on open and orderly capital movements

Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements.




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OECD Business and Finance Scoreboard

The OECD Business and Finance Scoreboard accompanies the OECD Business and Finance Outlook by providing a commented overview of selected indicators and data related to corporate performance, banking, capital markets, pensions and investments.




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Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar

This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016.




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Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment

A new OECD report, the 2018 Business and Finance Outlook, highlights a number of major risks having the potential to disrupt global economic growth. It notes that the gradual normalisation of monetary policy in an environment of growing debt will be a major test of whether the Basel III regulatory reforms have achieved their goal of ensuring safety and soundness in the financial system.




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Tax: Jurisdictions move towards full tax transparency

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.




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Report: Green growth in the Benelux - Indicators of local transition to a low-carbon economy in cross-border regions (Benelux)

This paper discusses the results of the 2011-2012 OECD LEED study of measuring green growth in the Benelux countries (Belgium, The Netherlands and Luxembourg). The study paid particular attention to the challenges of measuring the transition to a low-carbon economy in cross-border areas as they have additional levels of complexity when it comes to measuring and monitoring their low-carbon transition.




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OECD Science, Technology and Industry Scoreboard 2017 - Belgium highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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OECD Science, Technology and Industry Scoreboard 2017 - highlights by country

These notes present selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Turkey Exports to Jordan

Exports to Jordan in Turkey increased to 53651.70 USD THO in March from 46906.99 USD THO in February of 2020. Exports to Jordan in Turkey averaged 62706.66 USD THO from 2014 until 2020, reaching an all time high of 121704 USD THO in September of 2015 and a record low of 36495 USD THO in August of 2014. This page includes a chart with historical data for Turkey Exports to Jordan.




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Revitalising the Japanese Economy: The Way Forward

The Great East Japan Earthquake took a heavy toll of human lives and inflicted a massive economic damage, estimated at 3½ per cent of GDP. This event requires considerable time and a nation-wide effort of reconstruction. This is the first component of Prime Minister Noda’s “Strategies to Revitalise Japan”, which we very much welcome and support, said OECD Secretary-General.




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The Jobs Potential of a Shift towards a low-carbon Economy

The Jobs Potential of a Shift towards a low-carbon Economy” provides an in-depth analysis of how green growth will reshape labour markets. It also describes the role that labour market and skill policies can play in maximising the benefits of economic greening for workers




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Economy: Canada needs to boost innovation and human capital to sustain living standards

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.




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Economy: Canada needs to boost innovation and human capital to sustain living standards

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.




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Towards green growth in Denmark: improving energy and climate change policies

Denmark’s green growth strategy focuses on moving the energy system away from fossil fuels and investing in green technologies, while limiting greenhouse gas (GHG) emissions.




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Estonia must reform to ward against boom/bust cycles, OECD says

Estonia recovered forcefully from the global economic crisis but growth has since slowed, highlighting the need for further reforms that reduce exposure to external shocks and ensure against future boom/bust cycles, according to the OECD’s latest Economic Survey of Estonia.




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Moving towards a single labour contract: pros, cons and mixed feelings

This paper discusses the pros and cons of a single labour contract. After reviewing the current state of dualism in labour markets and the recent labour reforms in Europe, we discuss the various proposals to eliminate dualism.




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Road connectivity and the border effect: evidence from Europe

Several studies have reported a large negative effect of national borders on the volume of trade. We provide new estimates of the border effect for continental Europe using road rather than great circle – or "as-crows-fly" – distance.




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Israel’s economy growing strongly but further efforts needed to improve living standards, says OECD

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.




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Japan: Advancing the third arrow for a resilient economy and inclusive growth

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.




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Deconstructing Canada’s housing markets: finance, affordability and urban sprawl

House prices have increased significantly in Canada over the past decade, driving household debt and residential construction activity to historical highs.




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Moving towards a more dynamic business sector in Spain

Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation of high-growth companies and that resources flow towards the most productive firms.




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Mexico has a unique opportunity to boost growth and share prosperity more widely, according to the OECD

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.




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Abenomics’ ‘third arrow’ key to revitalising Japan’s economy

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.




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Global dialogue on the future of productivity: Towards an OECD productivity network

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.




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Non-standard contracts, flexibility and employment adjustment: empirical evidence from Russian establishment data

This paper examines the use of two forms of non-standard work contracts in Russia with data from an enterprise survey for the years 2009 to 2011. Non-standard work contracts are less costly and more flexible for employers. Internal adjustment in form of wage cuts or unpaid leave is not covered by the Labour Code and earlier practices to impose such measures are less tolerated.




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Towards more gender equality in Austria

Gender mainstreaming with the aim of more gender equality ranks high on the agenda of Austrian policy makers.




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Poland: Investment in infrastructure and skills will support higher living standards and greater well-being

Polish economic growth remains solid and unemployment is decreasing, but further investments in infrastructure and skills will be essential to sustain a continuing improvement in living standards, environmental quality and well-being, according to the latest OECD Economic Survey of Poland.




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Bringing all Chileans on board

The Chilean economy has had an extraordinary performance over the last decades with strong growth and declining poverty rates. This paper discusses how to achieve greater social inclusiveness against the background of weaker medium-term growth.




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Growing together: towards a more inclusive Ireland

The Irish economy is growing strongly, but there is a risk many households will be left behind despite robust growth. High joblessness especially among the low-educated and skill-biased wage differentials have induced high market income inequality, among the highest in the OECD.




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Recovery underway in Denmark, but reforms needed to maintain high living standards and ensure sustainability of social welfare system

Denmark’s economic prospects are improving, but further reforms are needed to maintain the country’s high living standards and ensure the well-being of all citizens, according to a new report from the OECD.




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Cardiac arrest or dizzy spell: Why is world trade so weak, what can policy do about it?

World trade growth was rapid in the two decades prior to the global financial crisis but has halved subsequently.




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GDP Growth - Third quarter of 2016, OECD

OECD GDP growth accelerates to 0.6% in third quarter of 2016




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Contributions to GDP growth: third quarter 2016, Quarterly National Accounts, OECD

Stockbuilding pushes OECD GDP growth up to 0.5% in the third quarter of 2016




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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.




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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.




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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.




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Towards a Better Globalisation: How Germany can respond to the critics

Citizens in many countries are expressing dissatisfaction with how they believe trade, technology and immigration are affecting their daily lives. While much of this discontent can be traced back to the global economic crisis, its root causes are more complex. What can be done at the Global, European and German level?




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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.




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Towards more inclusive growth in Colombia

Growth has become more inclusive in recent years in Colombia. Strong growth and targeted social policies have reduced absolute poverty.




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GDP Growth - Third quarter of 2017, OECD

OECD GDP growth slows to 0.6% in third quarter of 2017




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Raising living standards and supporting investment by boosting skills in Slovenia

Higher living standards and well-being, as well as convergence with more advanced economies, will depend on achieving higher productivity, which in turn would be boosted by more investment in capital.




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The middle income plateau: trap or springboard?

The mixed growth performance of emerging market economies has revived angst about a "middle-income trap".




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G20 GDP Growth - Third quarter of 2017, OECD

G20 GDP growth steady at 1.0% in third quarter of 2017




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Contributions to GDP growth: third quarter 2017, Quarterly National Accounts, OECD

Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017




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Growth and economic well-being: third quarter 2017, OECD

OECD household income growth continues to lag GDP growth, slowing to 0.2% in third quarter of 2017




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Chile debería aprovechar el repunte económico para abordar la baja productividad y tomar medidas para reducir la alta desigualdad

Las perspectivas de crecimiento favorable ofrecen a Chile una oportunidad para abordar sus bajos niveles de productividad comparados con los de otras economías desarrolladas, mejorar el acceso al empleo de calidad, y tomar medidas para reducir su desigualdad persistentemente alta, según un nuevo informe de la OCDE.




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Economic expansion offers Israel opportunity to move toward a more inclusive society

The Israeli economy continues to register remarkable performance, with strong growth, low and falling unemployment and sound public finances leading to the 15th consecutive year of economic expansion. Further reforms will be needed to drive down inequality and raise living standards for all Israelis, according to a new report from the OECD.




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Towards a more prosperous and inclusive Brazil

Over the past two decades, strong growth combined with remarkable social progress has made Brazil one of the world’s leading economies.




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Towards an innovative and inclusive economy in Poland

The Polish economy is in a strong position. Economic growth reached 4.6% on average in 2017 and the OECD expects it to continue at around 4% over 2018/19.




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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.