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Brexit and Dutch Exports: Fewer glasshouses, more glass towers as agri-food shrinks and finance gains

The Netherlands is likely to be one of the European countries that is going to be significantly affected by the United Kingdom’s planned departure from the European Union (Brexit).




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Towards more inclusive growth in Tunisia

The average standard of living of the Tunisians has been steadily increasing for several decades, while poverty and inequality have been greatly reduced by the implementation of many social programs.




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OECD economic scenarios to 2060 illustrate the long-run benefits of structural reforms

Policy choices made today can have important positive effects on future living standards, according to new long-term economic scenarios released by the OECD.




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Mr. Angel Gurría, Secretary-General of the OECD, in Prague on 16 July 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Prague on 16 July 2018 on an official visit. He will present the 2018 OECD Economic Survey and the Environmental Performance Review of the Czech Republic.




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Structural Policy Indicators Database for Economic Research (SPIDER)

Structural Policy Indicators Database for Economic Research (SPIDER)




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The Czech economy is thriving but boosting skills and productivity and transitioning to a low-carbon productive model is vital to sustainable and inclusive growth

The Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.




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The quantification of structural reforms: Introducing country-specific policy effects

This paper presents country-specific effects of structural reforms. It discusses how sizeable and interesting country-specific effects can be identified in a panel setting by conditioning the impact of individual policies on their own level or on the stance of other policies and institutions.




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An empirical investigation on the drivers of income redistribution across OECD countries

Income inequality has increased in most OECD countries over the past two decades. This has come about both because incomes before taxes and transfers have become more unequally distributed, and because the extent of redistribution through taxes and transfers has fallen.




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Growth remains buoyant in Turkey but fundamentals need to be strengthened

Despite numerous headwinds and adverse shocks, Turkey's real GDP has grown by more than 34% over the past 5 years, faster than any other OECD country except for Ireland and only slightly less than China and India.




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Improving the quality of business investment in Turkey

Turkey’s business sector exhibits one of the highest investment rates among OECD countries.




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Reforms for sustainable productivity growth in Ireland

The Irish economy has experienced a decline in productivity growth over the past decade. This has mostly reflected the poor performance of local firms, with the large productivity gap between foreign-owned and local enterprises having widened.




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The sustainable management of a productive natural capital

This paper examines an industry whose economic activity uses a natural capital on which its profit also relies.




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Canada has high levels of well-being and solid growth but trade tensions and housing market pose risks while inclusiveness could be improved

Canada is one of the OECD economies delivering the best outcomes for its citizens, especially in regards to self-reported well-being, personal security and health status. Canada is also undertaking several programmes to foster inclusive growth – with respect to childcare benefits, gender equality and social housing.




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The Czech economy is thriving but labour shortages will limit growth

Growth, driven by both internal and external demand, has been accelerating since 2013 and at 4.6% in 2017 it was more balanced than in previous years. Household consumption is supported by income growth, a declining savings rate as confidence is high, and by rising credit.




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Building a stronger and more integrated Europe

Europe’s economy is finally growing robustly. These positive developments provide an opportunity to renew efforts to meet the long-term challenges facing the European Union (EU).




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Stabilisation policies to strengthen Euro area resilience

The euro area sovereign debt crisis highlighted important weaknesses in the euro area design. Fiscal policy did not build sufficient buffers before the crisis, which forced some countries to tighten fiscal policy too rapidly during the downturn to restore market confidence in sovereign borrowing.




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Limits to government debt sustainability in middle-income countries

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




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Sovereign defaults: Evidence on the importance of government effectiveness

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




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Digital technology diffusion: a matter of capabilities, incentives or both?

This paper uses a novel data set of digital technology usage covering 25 industries in 25 European countries over the 2010-16 period to explore the drivers of digital adoption across two broad sets of digital technologies by firms, cloud computing and back or front office integration.




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Enhancing labour-market integration of immigrants in Canada

Canada has long taken in more immigrants relative to its population than most other countries. Immigration policy in Canada aims to promote economic development by selecting immigrants with high levels of human capital, to reunite families and to respond to foreign crises and offer protection to endangered people.




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Delivering on the promise of better outcomes for Canadian women

The current Canadian government has declared itself feminist and has taken a number of steps to improve labour market outcomes for women. In terms of employment and labour force participation, Canadian women do much better than the OECD average.




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Does public spending foster inclusive growth in your country?

Governments today need to balance the policy goals of boosting economic growth and improving equity when making budget decisions. How can public spending choices promote inclusive growth? What can be learned from previous spending decisions in times of crisis?




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How does finance influence labour market outcomes? A review of empirical studies

This paper reviews empirical research on finance and labour markets.




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Consumer Prices, OECD - Updated: 2 August 2018

OECD annual inflation up to 2.8% in June 2018, driven by energy and food prices




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A sustainable European currency needs a common fiscal stabilisation instrument

The euro area sovereign debt crisis has exposed important flaws in the design of the Economic and Monetary Union, especially when it comes to dealing with macroeconomic shocks.




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Stabilising the Euro Area through unemployment benefits re-insurance scheme

The paper examines the possible design and macroeconomic stabilisation properties of a euro area unemployment benefits re-insurance scheme using annual historical data from 2000 to 2016.




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Euro Area unemployment insurance at the time of zero nominal interest rates

The discussion about a fiscal stabilisation capacity as a way of providing more fiscal integration in the euro area has strengthened in the aftermath of the European sovereign debt crisis.




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Who are the beneficiaries of the structural funds and the cohesion fund and how does the cohesion policy impact firm-level performance?

This paper exploits a new database that is unique in its scale and scope containing detailed information on over two million projects carried out by one million firms that benefited from the European Regional Development Fund, the European Social Fund and the Cohesion Fund in 25 EU member countries during the multi-annual financial framework 2007-2013.




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Composite Leading Indicators (CLI), OECD, August 2018

Tentative signs of easing growth momentum in the OECD area




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Sectoral and regional distribution of export shocks: What do two hundred thousand UK firm observations say?

This study explores the impact of export shocks on firms and re-aggregates results to derive distributional effects on sectors and regions.




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The global impact of weaker demand growth in China

Greater international integration has modified the transmission channels and the impact that external shocks have on domestic economies via increased trade openness and exposure to global financial developments.




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The UK productivity puzzle through the magnifying glass: A sectoral perspective

Since the start of the Great Recession, labour productivity growth has been weak in the United Kingdom, weaker than in many other OECD countries.




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Issuing GDP-linked bonds: Supply and demand can match

This paper compares supply and demand to assess to what extent there can be a market for GDP-linked bonds (GLBs).




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Rising financial integration amplifies the global impact of financial market shocks

Stronger cross-border economic and financial integration implies that macroeconomic shocks in one country are increasingly likely to spill over into other economies.




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Growth and economic well-being: first quarter 2018, OECD

OECD household income up 0.7% in first quarter of 2018, outpacing GDP growth




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GDP Growth - Second quarter of 2018, OECD

OECD GDP growth picks up marginally in second quarter of 2018




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Consumer Prices, OECD - Updated: 4 September 2018

OECD annual inflation nudges up to 2.9% in July 2018




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Labour share developments over the past two decades: The role of technological progress, globalisation and "winner-takes-most" dynamics

Over the past two decades, real median wage growth in many OECD countries has decoupled from labour productivity growth, partly reflecting declines in labour income shares.




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Mr. Angel Gurría, Secretary-General of the OECD, in Vienna on 7-8 September 2018

Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on 7-8 September 2018 to attend the Eurogroup Meeting / Informal Meeting of Economic and Financial Affairs Ministers (ECOFIN).




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Composite Leading Indicators (CLI), OECD, September 2018

Easing growth momentum in the OECD area




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Statistical Insights: An x-ray view of inflation

Inflation may be present in some parts of an economy but not others. Contributions to annual inflation show how much different product groups contribute to overall inflation in a given year.




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Design of insolvency regimes across countries

This paper explores cross-country differences in the design of insolvency regimes, based on quantitative indicators constructed from countries’ responses to a recent OECD policy questionnaire.




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Generating employment, raising incomes and addressing poverty in Greece

Employment is pivotal to strengthening Greece’s economic recovery, increasing social welfare and redressing poverty.




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Cyclical vs structural effects on health care expenditure trends in OECD countries

Health care expenditure per person, after accounting for changes in overall price levels, began to slow in many OECD countries in the early-to-mid 2000s, well before the economic and fiscal crisis.




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Boosting investment in Greece

Aggregate investment has declined markedly over the crisis and has yet to recover. Reviving domestic and foreign investment is crucial to supporting the economic recovery, deepen Greece’s integration into global value chains and raising living standards.




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Speeding up economic catch-up in the BRIICS with better governance and more education

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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G20 GDP Growth - Second quarter of 2018, OECD

G20 GDP growth nudges up to 1.0% in the second quarter of 2018




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OECD sees global growth moderating as uncertainties intensify

The global economic expansion appears to have peaked, with diverging growth prospects worldwide and intensifying risks, according to the OECD’s latest Interim Economic Outlook.




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Consumer Prices, OECD - Updated: 2 October 2018

OECD annual inflation stable at 2.9% in August 2018




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Composite Leading Indicators (CLI), OECD, October 2018

OECD CLIS continue to point to easing growth momentum in the OECD area