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

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




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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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Economic Policy Reforms: Going for Growth 2012 - United Kingdom Country Note

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




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Economic Policy Reforms: Going for Growth 2012 - European Union Country Note

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




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

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




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

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




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Economic Policy Reforms: Going for Growth 2012 - Czech Republic Country Note

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




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

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




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

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




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

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




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

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




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

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




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

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




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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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Promoting social cohesion in Korea

Korea faces the challenge of reversing rising inequality while sustaining robust economic growth.




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Indonesia should improve governance, productivity and tax collection to promote inclusive growth

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.




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Promoting SME development in Indonesia

Micro, small and medium-sized firms (MSMEs) are a key source of employment and economic growth in Indonesia. They contributed to the country’s economic resilience during the 2008-09 financial crisis.




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Portugal: Reforming the State to promote growth

After two decades of strong economic growth and convergence in living standards towards the levels of more prosperous OECD countries, Portugal’s performance weakened in the 2000s, productivity growth slowed and competitiveness deteriorated. Restoring Portugal’s potential for strong, inclusive growth calls for a comprehensive reform of the State.




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Measuring total factor productivity at the firm level using OECD-ORBIS

Recent OECD research has utilised harmonised cross-country firm level data to explore the contribution of public policies to cross-country differences in productivity, innovation and resource allocation.




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Reforming agriculture and promoting Japan's integration in the world economy

The problems of Japanese agriculture – in particular low productivity and the prevalence of part-time farmers and small plots have been evident for the past 50 years.




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Labour market policies to promote growth and social cohesion in Korea

Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from under-employed segments of the population.




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Restructuring the electricity sector and promoting green growth in Japan

The 2011 disaster and nuclear problems opened the door to a new energy policy, as they raised fundamental questions about the electricity system’s ability to prevent and respond to accidents.




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Growth-promoting policies and macroeconomic stability

This paper looks at a vast array of policy recommendations by the OECD that promote long-term growth – contained in Going for Growth and the Economic Outlook – and attempts to establish whether they underpin macroeconomic stability or whether there is a trade-off.




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The automotive sector: Steering beyond the crisis

The car industry has taken a dent since the recession started to bite in 2008, but even before then, new patterns were emerging that would reshape the sector for a long time to come.




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The prudential regulation of financial institutions: why regulatory responses to the crisis might not prove sufficient

This paper surveys recent international developments concerning the prudential regulation of financial institutions: banks, the shadow banking system and insurance companies. It concludes that, while substantial progress has been made, the global economy nevertheless remains vulnerable to possible future financial instability.




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Tackling labour mismatches and promoting mobility in Hungary

Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains.




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Reducing income inequality and poverty and promoting social mobility in Korea

To strengthen social cohesion, a top government priority, it is essential to address the labour market roots of inequality by breaking down dualism to reduce the share of non-regular workers and to boost the employment ratio toward the government’s 70% target.




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Promoting the financing of SMEs and start-ups in Korea

The Korean government has made fostering a “creative economy” a top priority. The goal is to shift Korea's economic paradigm to one based on innovation in which new start-ups and venture businesses play a key role.




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Fostering inclusive growth in Turkey by promoting structural change in the business sector

Turkey’s business sector dynamism has underpinned broad-based and inclusive growth in the 2000s. However, the business sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less formal and low-productivity entities.




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The effect of the global financial crisis on OECD potential output

This paper estimates potential output losses from the global financial crisis by comparing recent OECD published projections with a counter-factual assuming a continuation of pre-crisis productivity trends and a trend employment rate which is sensitive to demographic trends.




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Ambitious reforms can create a growth path that is both strong and inclusive, OECD says

Determined and systemic action to implement a comprehensive reform agenda across a wide range of policy areas offers governments the best chance to boost weak demand, restore healthy economic growth, create jobs and ensure that the gains are broadly shared across society, according to the OECD’s latest Going for Growth report.




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The UK economy is doing well, but the job is not yet finished. Unleashing productivity is key to sustaining strong growth, says OECD

The United Kingdom’s economy is projected to expand this year and next, but challenges remain to boost productivity and make future growth more inclusive, according to the OECD’s latest Economic Survey.




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Raising the potential of the domestically oriented sector in Germany

Reforming and deregulating the domestically oriented sectors, including network industries, crafts and professional services would release hidden growth potential and prove beneficial to the economy as a whole. It could also help strengthen domestic demand and reduce dependence on exports.




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Africa: making growth more inclusive hinges on unlocking potential of local economies, says the African Economic Outlook 2015

With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.




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A snapshot of China’s service sector

The share of the tertiary sector in China’s value added has increased steadily, overtaking the share of the secondary sector in 2013. With increasing incomes, the share of services is expected to grow further as at higher incomes a larger share of income is spent on services.




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Providing the right skills to all in China – from "made in China" to "created in China"

China has made impressive strides in education in recent decades, even though the accumulation of human capital has lagged behind that of physical capital. Going forward, access to and quality of education will be key to sustain economic convergence with the most advanced economies and to offset the drag exerted by population ageing.




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Financial sector must promote inclusive growth

Finance is a key ingredient of modern economies, but too much finance may hamper economic growth and worsen income inequality, according to new research from the OECD.




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Institutions to promote pro-productivity policies: logic and lessons

In order to promote productivity, and thus boost living standards in the long run, public policies need to focus on improving incentives, capabilities and flexibility within an economy.




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Are the SDGs a major reboot or a sequel to the MDGs?

The main reason for putting together the Millennium Development Goals (MDGs) was to prevent the Millennium Declaration from falling into oblivion. A declaration issued by a world summit has a shelf-life of about six months. Beyond that period, its life is reduced to a small world, usually the summit’s sponsoring agency.




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Global economy urgently needs a stronger and more coherent policy response to promote robust and inclusive growth

Policymakers need to deploy broad-based reform plans that incorporate monetary, fiscal, and structural policies to stimulate persistently weak demand, re-launch productivity growth, create jobs and build a more inclusive global economy, according to the OECD’s annual Going for Growth report.




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Do environmental policies affect global value chains? A new perspective on the pollution haven hypothesis

Using a gravity model of bilateral trade in manufacturing industries for selected OECD and BRIICS countries over 1990s-2000s, this paper studies how exports are related to national environmental policies.




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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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To Brexit or not to Brexit: A Taxing Decision

Leaving Europe would impose a "Brexit tax" on generations to come. Instead of funding public services, this tax would be a pure deadweight loss, with no economic benefit, said OECD Secretary-General in London.




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Reforming benefits in Lithuania to generate a double dividend: Making work pay while better protecting the jobless

Inequality measures in Lithuania (like in Estonia and Latvia) are high. To an important extent this is related to the high risk of poverty for non-working individuals and to the low rewards to work. Therefore, increasing the quality of jobs, ensuring that the most vulnerable have access to employment and providing adequate income support for those that have lost their job are key for making labour markets and the economy more inclusive.




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The twin challenges of promoting productivity and inclusive growth

Advanced economies remain in the doldrums. People’s incomes are rising at a very low pace, especially in the lower half of the distribution. Two global trends–the slowdown in productivity and the rise in inequality–reflect the state of policy, and point to the challenges policymakers face to change prospects for their citizens and the global economy.




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Green shoots of recovery in entrepreneurship beginning to appear

The post-crisis recovery in entrepreneurial activity remains mixed across countries, but new data released today by the OECD provides tentative signs of a turning point, with trends in enterprise creation rates pointing upwards in most economies.




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Labour market reforms in Korea to promote inclusive growth

Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons.




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Can reforms promoting growth increase financial fragility? An empirical assessment

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.




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Can reforms promoting growth increase financial fragility? An empirical assessment

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.




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The gig economy will not abolish working 9 to 5

We have always had plumbers, electricians, and lawyers who do temporary work, and are not paid by a household when they are idle. However, do new apps such as Uber or Deliveroo mean the end of the 9 to 5 job, and do these platforms need to be regulated?