Governments should use tax policy to drive forward economic agendas that seek to boost growth while sharing the benefits more evenly within society, according to a new OECD report.

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

Weak trade growth and financial distortions are exacerbating slow global economic growth, according to the OECD’s latest Interim Economic Outlook.

The global financial crisis and its high economic and social costs have revived academic and policy interest in “early warning indicators” of crises. This paper aims to investigate the performance of vulnerability indicators as advance warning indicators of past severe GDP per capita recessions in Turkey.

Indonesia has undergone an extraordinary transformation over the past two decades, benefiting from strong growth that has lifted millions out of poverty and allowed important progress in areas such as health and education. But low levels of public spending and tax revenue are undermining the quality of social services and exacerbating infrastructure gaps, according to the OECD.

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

Financial globalisation has given international capital flows a central role in the functioning of the global economy and has therefore led to considerable economic research over the past 30 years.

This paper estimates urban and rural poverty rates across five Chinese administrative regions (Shanghai, Liaoning, Guangdong, Henan and Gansu) in 2014 using representative household level data from the China Family Panel Studies survey.

Luxembourg’s workforce is highly skilled, reflecting the concentration in the country of sophisticated firms in the financial sector and other top-end international services.

A key priority in China’s "new normal" period -- where returns on investment are slackening -- is corporate governance, which could lead to enhanced productivity by a better management of resources at the firm level.

Switzerland makes more use of its human resources than most other OECD countries. Labour force participation is high and the unemployment rate low for most segments of society.

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.

Deepening regional integration within the Southern African Development Community (SADC) will raise potential growth for all member countries.

A favourable growth outlook offers Chile an opportunity to address its low productivity levels compared to other advanced economies, improve access to quality jobs and take steps to reduce its persistently high inequality, according to a new OECD report.

The Peace pillar of the 2030 Agenda for Sustainable Development encompasses a diverse range of issues including stability and effective governance.

This paper investigates the effect of structural characteristics on debt limits of middle income countries.

This paper provides robust empirical evidence that government effectiveness is a key determinant of sovereign defaults.

Economic research has established that a large part of income disparities between poor and rich countries can be attributed to differences in governance and in the quantity and quality of human capital.

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En países latinoamericanos, la población crece a un ritmo mayor que el promedio mundial, lo cual intensifica el uso de la tierra y aumenta la urbanización. La región también es propensa a los impactos negativos del cambio climático y de los desastres naturales.

In Latin American and Caribbean countries the population is growing faster than the world average, intensifying land use and increasing urbanisation. The region is also prone to the negative impact of climate change and natural disasters, putting further pressure on natural resources.

Brazil’s supreme audit institution – the Federal Court of Accounts (TCU) – has began a process to reform its audit of the Accounts of the President of the Republic to enhance transparency and accountability of federal budget execution.

Country notes highlight some key findings from TALIS 2013 for individual countries and economies

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.

As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Brazil, Guernsey, Jersey, the Isle of Man and Latvia signed today the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports, bringing the total number of signatories to 49.

The OECD Working Group on Bribery reaffirms the importance of the independence of prosecutors and judges and is concerned that Brazil’s achievements in fighting corruption may be seriously jeopardised by recent legislative developments.

Chicago is at a tipping point: despite economic strengths, it faces considerable challenges to compete in the “Premier League” of world-class cities, warns the OECD’s review of the Chicago Tri-State Metropolitan Region.

This paper is part of the regional development working paper series covering water governance in Latin America and the Carribbean (LAC) countries.

The OECD Recommendation on Principles for Public Governance of Public-Private Partnerships can help governments get PPPs right, by providing best practices based on Member country experiences with what works (and what doesn't).

This book examines regional innovation in central and southern Denmark, looking at its role in the economy, its governance and policy context and regional strategies for innovation driven growth.

Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis, with annual growth averaging close to 9% over 2010-11

Indonesia has improved its macro-economic and structural policies over the last 15 years. Its economy, with strong and stable growth rates of 5–6.6%, is catching up with other countries in the region and allowing Indonesia to focus on its development agenda.

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.

OECD events at the Internet Governance Forum 2012 (Baku, Azerbaijan)

OECD Secretary-General Angel Gurría opens the Global Forum on Better Governance for Inclusive Growth held in Paris. The Forum will focus on public sector reforms worldwide and identify lessons learned, good practices and innovative solutions for advancing the governance reforms necessary to foster inclusive growth.

In Latin American and Caribbean countries the population is growing faster than the world average, intensifying land use and increasing urbanisation. The region is also prone to the negative impact of climate change and natural disasters, putting further pressure on natural resources.

In response to increasing pressure to deliver on growth, jobs and better governance, policy makers from MENA and OECD reiterated their support for measures to strengthen the business climate and governance in the region.

The financial and economic crises have highlighted the need for change in the way our governments and systems operate. But the real question is what changes will deliver inclusive, open and responsible governance that can reduce inequality and promote economic growth.

Brazil’s supreme audit institution – the Federal Court of Accounts (TCU) – has began a process to reform its audit of the Accounts of the President of the Republic to enhance transparency and accountability of federal budget execution.

Mexico’s river basins are under severe water stress. The quality of rivers, lakes and aquifers is declining and floods, droughts, and hurricanes are more frequent. These are some of the alerts signaled in OECD’s Making Water Reform Happen in Mexico.

In collaboration with the Federal Government of Germany, the OECD organised four workshops at the International Regulatory Reform Conference (IRRC) 2013 in Berlin. The workshops focused on the use of cost-benefit analysis in governmental decision making, as well as on the role of key actors of regulatory governance in the regulatory policy cycle: Parliaments, regulatory agencies and audit offices.

Austerity programmes to restore order to public finances can add to the woes of already struggling economies, leading to more job losses and social hardship. But there are ways for governments to put their fiscal houses in order, while supporting growth and reducing income inequality at the same time.

Governments are major issuers of debt instruments in the global financial market. This volume provides quantitative information on central government debt instruments for the 34 OECD countries.

After peaking in the first half of 2008, international imbalances declined sharply during the global crisis of 2008-09, in part reflecting cyclical factors such as large contractions in domestic demand on the back of bursting housing bubbles in a number of deficit countries, as well as large declines in cross-border capital flows, interest rates and commodity prices.

This paper provides an overview of fiscal consolidation efforts at the central and sub-central government level, both during the current and past consolidation episodes.

Fiscal rules that constrain sub-central government (SCG) budgeting are very common across the OECD, but there are substantial cross-country differences in their implementation and impact. This paper presents the 2011 update of the fiscal rules database established in 2005.

This paper provides empirical analysis that measures the cyclical properties of intergovernmental transfers (or grants). Modelling a fiscal policy reaction function this paper tests whether the transfers systems in OECD countries are pro- or counter-cyclical, i.e. whether they offset cyclical fluctuations of sub-central economies or, on the contrary, exacerbate them.

Today’s post is by Arthur Mickoleit of the OECD’s Directorate for Public Governance and Territorial Development. Inputs from Kareen Schramm and Sofia Varas of Chile’s Ministry General‑Secretariat of the Presidency are gratefully acknowledged.

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.

Good public policies are central to well-functioning economies. Better policies on innovation, combined with high-quality regulations and a more efficient public administration, can help Colombia create jobs, boost economic growth and support development, according to three new OECD reports.