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Tougher environmental laws do not hurt export competitiveness – OECD study

Countries that implement stringent environmental policies do not lose export competitiveness when compared against countries with more moderate regulations, according to a new OECD study that examines trade in manufactured goods between advanced and emerging economies.




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Boosting competition on Israeli markets

Promoting competition to enhance productivity at the firm level and resulting income and growth improvement and a lower cost of living is an important economic and social challenge in Israel.




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Hungarian economy expanding but reforms needed to boost skills, business investment and incomes

The Hungarian economy has expanded strongly in recent years, helped by robust exports and firm domestic demand. But incomes are among the lowest in the OECD and structural reforms will be needed to sustain growth over the medium term, strengthen business investment and better match skills to labour market needs, according to a new OECD report.




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Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks

The Canadian economy is adjusting to the fall in commodity prices, but additional policies are needed to boost productivity, reduce financial stability risks and make future growth stronger, greener and more inclusive, according to a new OECD report.




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Priorities for completing the European Union's Single Market

To support the recovery, structural reforms that yield short-run as well as long-run gains should be prioritised.




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Costa Rica: boosting productivity to sustain income convergence

Boosting national productivity to sustain the convergence process towards OECD countries living standards will hinge on creating the right conditions for domestic firms to thrive and become more innovative and productive, while maintaining the long-standing commitment to open international markets and investment.




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Age, skills and labour market outcomes in Finland

Macro-simulations benchmarking employment in Finland to the Nordic average show that closing the large gaps in labour participation vis-à-vis the other Nordics across genders and age groups would boost employment significantly.




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Strengthening competition in network sectors and the internal market in Canada

Canada’s productivity performance has lagged that of many other OECD countries, despite some improvement in recent years.




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OECD Secretary-General Angel Gurría presents new OECD studies with economic and social recommendations to Peruvian President Pedro Pablo Kuczynski

Economic and social reforms undertaken over the past two decades have driven Peruvian efforts to achieve sustainable economic growth and important reductions in poverty. Against a context of weak global growth, Peru will need to diversify its economy, boost skills, reinforce productivity across the labour force and unleash the potential of all regions in order to spur more inclusive national growth.




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Funding priority spending will become increasingly challenging in Indonesia

As described in the 2016 OECD Economic Survey of Indonesia, economic growth is expected to pick up over the course of 2016 and into 2017. Despite persistently weak external conditions, confidence is returning, with inflation moderating, a stable rupiah and government investment in infrastructure gathering pace.




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Boosting productivity is key for Malaysia to attain high-income-country status

Productivity growth is essential for living standards to durably improve. 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.




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Composite Leading Indicators (CLI), OECD, December 2016

Growth momentum picking-up in several advanced economies and strengthening in major emerging economies




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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.




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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.




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Composite Leading Indicators (CLI), OECD, January 2017

Stronger signals of growth momentum picking-up in several major OECD economies




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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.




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Composite Leading Indicators (CLI), OECD, February 2017

Composite leading indicators continue to point to growth gaining momentum in several advanced economies




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Conquering utopia anew – Income inequality in Sweden

Equality, a long-standing hallmark of Swedish society, carries multiple benefits in terms of economic performance, trust, opportunity and well-being.




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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.




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Deconstructing income inequality in Costa Rica: an income source decomposition approach

Despite an improvement in overall macroeconomic performance in Costa Rica, income inequality has risen and is currently at its maximum historical value.




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Composite Leading Indicators (CLI), OECD, April 2017

Stable growth momentum in the OECD area




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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.




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Composite Leading Indicators (CLI), OECD, May 2017

Composite leading indicators point to stable growth momentum in the OECD area going forward




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Boosting R&D outcomes in Australia

R&D activity can play a central role in raising productivity.




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Composite Leading Indicators (CLI), OECD, June 2017

Composite leading indicators continue to point to stable growth momentum in the OECD area




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Income, wealth and equal opportunities in Sweden

Sweden is an egalitarian society in international comparison, and has managed to combine equity with economic efficiency.




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Composite Leading Indicators (CLI), OECD, July 2017

Composite leading indicators continue to point to stable pace of expansion in the OECD area




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The Global Income Distribution for High-Income Countries

This paper presents the global income distribution between all individuals living in the developed world.




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Improving the efficiency and outcomes of the Slovak health-care system

Despite improvements over the past few decades, Slovak health outcomes remains poor compared with most other OECD countries, even after controlling for differences in per capita income and other social, cultural and lifestyle factors.




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Composite Leading Indicators (CLI), OECD, August 2017

Stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, September 2017

Composite leading indicators continue to point to stable growth momentum in the OECD area




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Latvia: Maintain robust expansion and continue reforms to achieve income convergence and more inclusive growth

Successful implementation of economic reforms has boosted the Latvian economy, leading to strong growth, rising wages and solid public finances. Further policy action is now needed to accelerate productivity growth, create jobs, drive down poverty, improve living standards and ensure that everyone benefits from more inclusive growth, according to a new report from the OECD.




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Continuing the reform process in France to improve job and income prospects

Economic growth is strengthening in France, supported by consumption and investment, and the labour market is gradually recovering, as past reductions of comparatively high labour and business taxes are starting to take effect. However, GDP and employment growth are still lagging relative to the euro-area average.




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Composite Leading Indicators (CLI), OECD, October 2017

OECD CLIs point to stable growth momentum in the OECD area




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Reducing inequality to raise incomes and expand well-being for all Colombians

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.




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Composite Leading Indicators (CLI), OECD, November 2017

OECD CLIs continue to point to stable growth momentum




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How self-sorting affects migrants’ labour market outcomes

Assuming that immigrants select destinations according to absolute returns to their observable and unobservable human capital, I present a human capital model of migration accounting for taxes, transfers and limited portability of skills.




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Composite Leading Indicators (CLI), OECD, December 2017

Stable growth momentum going forward in the OECD area




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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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The distribution of taxable income and fiscal benefits in Spain: new evidence from personal income tax returns (2002-2011)

The personal tax system has a large influence on incentives to work, save and invest and hence growth. At the same time it is a key policy lever for income redistribution.




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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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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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Income redistribution through taxes and transfers across OECD countries

Redistribution is quantified as the relative reduction in market income inequality achieved by personal income taxes, employees’ social security contributions and cash transfers, based on household-level micro data.




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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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Composite Leading Indicators (CLI), OECD, January 2018

Composite leading indicators continue to point to stable growth momentum in the OECD area




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Income redistribution through taxes and transfers across OECD countries

Many OECD countries have been facing a prolonged period of low growth and stagnating income of the poorest. This challenges governments’ fiscal redistribution, all the more so in a context where new forms of work are calling into question the effectiveness of traditional social safety nets and population ageing is putting pressure on public finances.




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Composite Leading Indicators (CLI), OECD, February 2018

Stable growth momentum in the OECD area




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Why would a universal credit be better than a basic income for Finland?

In Finland, as elsewhere, income taxation and the withdrawal of benefits reduce the pay-off for individuals who go from benefits to work.




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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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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.