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Global Economic Outlook - Written Statement for the IMFC

A moderate recovery is under way in major advanced economies after two years of subdued growth. Overall, most indications point to a continued underlying strengthening of the pace of growth, helped by accommodative monetary policy and reduced fiscal drag.




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U.S. Recovery to Gather Pace in 2014, Says OECD in Latest Economic Outlook

Economic activity in the United States is projected to pick up in steadily in 2014 as the effects of the severe winter weather dissipate and investment and consumption expand, according to the OECD’s latest Economic Outlook.




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OECD appoints Catherine L. Mann as new Chief Economist

OECD Secretary-General, Angel Gurría is pleased to announce the appointment of Ms. Catherine L. Mann as the new OECD Chief Economist. Her appointment will reinforce the OECD’s commitment to identifying and promoting better policies for better lives around the world.




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Job Creation and Local Economic Development in the United States

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Middle-class economics

In 2014, the US economy added more jobs than in any year since the 1990s. In fact, this longest streak of job growth on record has persisted into 2015. Inflation-adjusted wages are up by 1.4% annually over the last two years, more than twice the pace of the last recovery. But this is still not enough to make up for decades of subpar gains for middle-class families–a challenge shared by many other OECD economies.




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Global economy stuck in low-growth trap: Policymakers need to act to keep promises, OECD says in latest Economic Outlook

The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old, according to the OECD’s latest Global Economic Outlook.




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US economy growing steadily but key reforms needed

The US economy is making one of the strongest comebacks in the OECD, but there are risks on the horizon, according to the OECD’s latest Economic Survey of the United States.




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The Bill Frenzel Champion of Free Trade Award – Economic Club of Minnesota

The OECD Secretary-General spoke to the Economic Club of Minnesota about what must be done to make the trade system that has benefited so many work for everyone.




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Supporting ageing workforce key to tackling future US economic challenges

Providing American seniors with better work incentives and opportunities will be crucial for the United States to meet the challenges of its rapidly ageing population. By 2028, more than one in five Americans will be aged 65 and over, up from fewer than one in six today, according to a new OECD report.




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Amid strong outlook for U.S. economy, risks abound

The U.S. economy is experiencing one of the longest expansions on record, but the scars left by the Great Recession, as well as challenges posed by globalization and automation shocks, remain visible across the country, according to a new report from the OECD.




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Trade in counterfeit goods costs UK economy billions of euros

The global trade in fake goods, from cosmetics to car parts, is costing the UK economy billions of dollars a year in forgone company sales, overpriced products and tax revenues, and was behind more than 86,000 lost jobs in 2016, according to a new OECD report.




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Economic Policy Reforms: Going for Growth 2012 - New Zealand Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




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Job Creation and Local Economic Development in New Zealand

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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New Zealand economy performing well, but sustaining high levels of growth and well-being will require further reforms

The New Zealand economy has performed well in recent years, but bottlenecks in housing and urban infrastructure, inequalities in living standards and rising environmental pressures all pose challenges for sustaining robust growth and high levels of well-being over the long term, according to the OECD’s latest Economic Survey of New Zealand.




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Economic Survey of New Zealand 2017

New Zealand has experienced robust economic growth since 2012, buoyed by record levels of inward migration and strong terms of trade. Employment has expanded vigorously, reversing much of the increase in unemployment since the onset of the global financial crisis.




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Economic Policy Reforms: Going for Growth 2012 - Canada Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




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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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A New Economic Cycle, New Balance

Our approaches so far have left too many people behind, detached from the “necessary tools” or the “right connections” to raise their incomes and develop their full capabilities. It is time to turn around this logic. It is time to see economics as a tool to improve people’s lives, said OECD Secretary-General.




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Advanced economies growing again but some emerging economies slowing, says OECD

A moderate recovery is underway in the major advanced economies, according to the OECD’s latest Interim Economic Assessment. Growth is proceeding at encouraging rates in North America, Japan and the UK. The euro area as a whole is out of recession, although output remains weak in a number of countries.




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The Political Economy of British Columbia's Carbon Tax - Environment Working Paper No. 63

This paper reviews the political economy of the Canadian province of British Columbia (BC) tax in three periods: its origins, its survival in the face of political backlash, and its longer-term prospects. The BC launched North America’s first revenue-neutral carbon tax reform. The tax, applied to all combustion sources of fossil fuels, was introduced at a rate of CAD 10 per tonne of CO2.




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Recovery continuing in G7 countries, but emerging economies are mixed, OECD says

Recovery is under way in the world’s advanced economies, underpinned by supportive financial conditions and reduced drag from budgetary tightening, but activity in the major emerging markets is mixed, according to the OECD’s latest Interim Economic Assessment.




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Job Creation and Local Economic Development in Canada

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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OECD Secretary General Angel Gurría in Canada on 13-14 June - Economic Survey of Canada and Employment and Skills Strategy in Montreal

The latest OECD Economic Survey of Canada, to be published on Monday 13 June, discusses how the Canadian economy is adjusting to the fall in commodity prices. The Survey assesses future growth and employment prospects as the economy shifts toward non-resource-based activity, including policies for accompanying this transition.




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OECD Secretary-General Angel Gurría welcomes the signature of the Canada-European Union Comprehensive Economic Trade Agreement (CETA)

“I congratulate Prime Minister of Canada Justin Trudeau, President of the European Council Donald Tusk, and President of the European Commission Jean-Claude Juncker on the signature of the Canada-EU Comprehensive Economic Trade Agreement (CETA). The deal comes at a crucial time when slowing trade growth and low investment are contributing to the weakness of the global economy.




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Economic Policy Reforms: Going for Growth 2012 - Netherlands Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




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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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Netherlands: Make economic, innovation and territorial reforms work together to boost growth and competitiveness, says OECD

The Netherlands is gradually emerging from a double-dip recession with strengthened public finances and reforms on track to improve the labour and housing markets and the health care and pension systems. These reforms are paying off, says the OECD. Growth is expected to reach 1% this year and 1.3% in 2015.




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Job Creation and Local Economic Development in the Netherlands

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Economic Survey of the Netherlands 2018

The Netherlands is experiencing vibrant economic activity, with gross domestic product (GDP) at about 8% above its pre-crisis peak and the unemployment rate below 4%. Growth picked up to above 3% in 2017, which was well above the euro area and OECD averages.




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Economic Policy Reforms: Going for Growth 2011 - Turkey Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2011.




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Economic Policy Reforms: Going for Growth 2012 - Turkey Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




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Clarification on media reports regarding 2014 Economic Survey of Turkey

Following recent Turkish media reports, the OECD would like to clarify that it has published no recent review of Turkey. The publication of the 2014 Economic Survey of Turkey is planned for July.




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Turkey: Macroeconomic stability and structural reform key to strong and inclusive growth, OECD says

Turkey’s economy will grow stronger in the coming years, but remains overly dependent on domestic consumption funded by foreign finance, according to the latest OECD Economic Survey of Turkey.




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Job Creation and Local Economic Development in Turkey

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Turkey: Challenging times call for pushing ahead with economic reform

Turkey’s economy has proven remarkably resilient in the face of a challenging global economic context. However, further action can be taken to raise productivity and advance the shift to a more balanced, sustainable and stronger growth path that will boost living standards for the entire population, according to the latest OECD Economic Survey of Turkey.




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Reforming for the future: Building a stronger, fairer Greek economy

We understand how much Greek society has endured these past six years. Reform isn’t easy at the best of times, but it can be even more challenging in the face of a weak economy while at the same time trying to correct a budget deficit. But all crises come to an end. Growth does return. Now is the time to maintain the momentum of Greece’s reform drive, said OECD Secretary-General.




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Mr. François Hollande, President of the French Republic, met with the Heads of international economic organisations at the OECD

The President of the French Republic, Mr. François Hollande, met the Heads of five international economic organisations at the OECD on Friday 17th October to discuss the challenges facing the global economy.




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Competition and macroeconomic outcomes factsheet

Governments are increasingly assessing the effects of their policies and effectiveness of public institutions, and competition agencies are no exception. This factsheet was elaborated to help competition agencies advocate their work. It contains evidence on the links between competition and macro-economic outcomes.




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Enhancing Economic Flexibility: What Is in It for Workers?

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.




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Malaysia’s economic success story and challenges

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.




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Can better international co-operation help build a fairer global economy?

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.




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Competition Economics Workshop for Chief and Senior Economists

Seoul, 2-4 May 2018: This workshop, co-organised by the OECD-Korean Policy Centre and the International Competition Network, provided senior and chief economists with a comprehensive programme on competition economics that will include merger simulation, buyer power, big data, platforms and multi-sided markets, fundamentals of IO and Game Theory among others.




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Economy-wide Schemata 2018 PMR Economy-wide

Economy-wide Schemata 2018 PMR Economy-wide




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Economy wide PMR Indicators (July 2019)

Economy wide PMR Indicators (July 2019)




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OECD PMR database July 2019- Economy wide

OECD PMR database July 2019 - Economy wide




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OECD World Bank Economy wide PMR Indicators

OECD World Bank Economy wide PMR Indicators




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La Pesada Carga de la Obesidad - La Economía de la Prevención: Key findings for Mexico (in Spanish)

México tiene una de las tasas más altas de obesidad: casi uno de cada tres adultos son obesos. Como consecuencia, los mexicanos viven en promedio 4,2 años menos debido al sobrepeso, la mayor reducción en esperanza de vida de todos los países analizados. Las repercusiones sobre la economía son destacables: el sobrepeso representa el 8,9% del gasto en salud.




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Rising tax revenues: a key to economic development in Latin American countries

Increased domestic resource mobilization is widely accepted as crucial for countries to successfully meet the challenges of development and achieve higher living standards for all their people.




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Tax administration: OECD publishes new comparative information on OECD and other advanced and emerging economies

This fifth edition describes institutional setups, organisational arrangements and reforms, aspects of strategic management and human resource management, resources for tax administration, important areas of operational performance, the use of technology, and elements of the legislative and administrative framework for tax administration across the 52 economies covered by the series.




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G20 Leaders’ Summit: Growth and Global Economy

Building an international tax system that is transparent, efficient and fair, will serve our economies, our governments and our citizens, said OECD Secretary-General at the G20 summit in St. Petersburg.