business and finance

Luxembourg: reaping the benefits of a diverse society through better integration of immigrants

Luxembourg’s large foreign-born population is a pillar of the country’s prosperity: they have brought skills and knowledge to many sectors of the economy.




business and finance

Improving productivity in New Zealand's economy

New Zealand ranks highly on most indicators of well-being, but incomes are below the OECD average due to low labour productivity.




business and finance

Adapting to the changing labour market in New Zealand

Technological change is increasing the productivity of highly skilled workers but creating more challenging labour-market conditions for their low-skilled counterparts.




business and finance

Corporate governance and firm performance in China

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.




business and finance

Improving life in France’s poor neighbourhoods

While overall poverty is relatively low in France, it can be highly concentrated at the neighbourhood level.




business and finance

United Kingdom: Maintain close ties with EU to meet challenges of Brexit

The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.




business and finance

Towards more inclusive growth in Colombia

Growth has become more inclusive in recent years in Colombia. Strong growth and targeted social policies have reduced absolute poverty.




business and finance

Reigniting growth through productivity-enhancing reforms in Colombia

Over the past decade, sound macroeconomic policies and an improved business environment have helped generate relatively strong GDP growth.




business and finance

Retraining can enable ageing Slovenians to keep pace with new technologies

Slovenia has continued to shift from traditional manufacturing to business services and high-tech production. However, not all Slovenians have been included in this progress.




business and finance

The Slovenian economy is bouncing back

While the Slovenian economy has been successful in bounding forward, it has taken hard falls in the past, and a lack of resilience means it has taken a long time to recover.




business and finance

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.




business and finance

Mitigating the negative economic impact of Brexit

Ahead of the referendum on Brexit, the OECD was anticipating a significant decrease in economic growth if the decision to leave the EU were taken (Kierzenkowski et al., 2016). As the UK economy has started to slow down, OECD projections remain remarkably valid so far.




business and finance

Consumer Prices, OECD - Updated: 7 November 2017

OECD annual inflation nudges up to 2.3% in September 2017




business and finance

Composite Leading Indicators (CLI), OECD, November 2017

OECD CLIs continue to point to stable growth momentum




business and finance

Switzerland: Sustain high levels of well-being by boosting productivity growth

The Swiss economy has shown considerable resilience to shocks, but economic growth remains slow, and per capita income levels still hover at levels attained before the global economic crisis. Further reforms are needed to restore productivity growth, boost incomes and ensure that today’s high living standards and levels of well-being are passed on to future generations, according to a new report from the OECD.




business and finance

Zombie firms and weak productivity

Building on a large volume of cross-country research, the OECD project on “Exit Policies and Productivity Growth” presents new evidence on policies affecting the exit and restructuring of weak firm and the channels through which they shape aggregate productivity growth.




business and finance

GDP Growth - Third quarter of 2017, OECD

OECD GDP growth slows to 0.6% in third quarter of 2017




business and finance

Structural policy indicators database for economic research (SPIDER)

The database contains indicators capturing structural policies (including institutions, framework condition policies and policies specifically related to labour markets and drivers of productivity and investment such as trade, skills and innovation).




business and finance

Austria’s digital transition: the diffusion challenge

Austria’s transition to a digital economy and society is slower than in other high-income small open European economies.




business and finance

Inclusive labour markets in the digital era: the case of Austria

Digitalisation is one of the megatrends affecting societies and labour markets, alongside demographic change and globalisation.




business and finance

Raising living standards and supporting investment by boosting skills in Slovenia

Higher living standards and well-being, as well as convergence with more advanced economies, will depend on achieving higher productivity, which in turn would be boosted by more investment in capital.




business and finance

Breaking the shackles: zombie firms, weak banks and depressed restructuring in Europe

This paper explores the connection between “zombie” firms (firms that would typically exit in a competitive market) and bank health and the consequences for aggregate productivity in 11 European countries.




business and finance

Urbanisation and Household Consumption in China

This paper focusses on the link between urbanisation and consumption behaviour in China.




business and finance

Reviving productive investment in Estonia

Since the crisis, Estonia has experienced one of the most pronounced declines in the ratio of non-residential investment to GDP in the OECD.




business and finance

Getting the most out of trade in Estonia

Estonia is highly integrated into the global trade system: it exports approximately 80% of GDP and around half of domestic employment is sustained by foreign demand.




business and finance

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.




business and finance

Moving up the global value chain in Latvia

Stronger integration in global value chains would speed up economic convergence to advanced OECD economies and raise living standards.




business and finance

Labour market and collective bargaining in Iceland: sharing the spoils without spoiling the shares

Iceland has high living standards, low poverty, high inclusiveness and one of the most sustainable pension systems.




business and finance

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth




business and finance

The fiscal projection framework in long-term scenarios

The paper describes the fiscal framework used in long-term economic scenarios, with some emphasis on revisions made since the 2013 vintage of the long-term model.




business and finance

Aggregate multi-factor productivity: measurement issues in OECD countries

This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity (MFP) is sensitive to alternative parameterisations.




business and finance

The quantification of structural reforms: extending the framework to emerging market economies

This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries.




business and finance

Consumer Prices, OECD - Updated: 5 December 2017

OECD annual inflation down to 2.2% in October 2017, as energy price inflation slows




business and finance

Zombie firms and weak productivity: what role for policy?

Weak productivity growth is a major problem afflicting most societies. It curbs growth in incomes and endangers the sustainability of social security systems. An important, but often ignored, source of the productivity slowdown is the increasing prevalence of weakly productive firms and, among them, “zombie firms” – in essence firms that would typically exit or be forced to restructure in a competitive market.




business and finance

Composite Leading Indicators (CLI), OECD, December 2017

Stable growth momentum going forward in the OECD area




business and finance

Capital-embodied technological progress and obsolescence: how do they affect investment behaviour?

This paper analyses how technological progress embodied in capital goods raises productivity and income, while at the same time it can modify the allocation of consumption, investment and the capital stock.




business and finance

The middle income plateau: trap or springboard?

The mixed growth performance of emerging market economies has revived angst about a "middle-income trap".




business and finance

Ensuring a dynamic skills-training and life-long learning system in Switzerland

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.




business and finance

Boosting productivity in Switzerland

Swiss GDP per capita stands amongst the top OECD performers. However, to face medium-term challenges productivity developments will be key to allow the country to maintain its enviable position.




business and finance

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.




business and finance

G20 GDP Growth - Third quarter of 2017, OECD

G20 GDP growth steady at 1.0% in third quarter of 2017




business and finance

Norway should strengthen its capacity to thrive in a changing world

The Norwegian economy is performing well, despite low oil prices. Further reforms will be needed to diversify the economy, improve public spending efficiency and ensure that today’s high levels of income, well-being and equality are passed on to future generations, according to a new report from the OECD.




business and finance

Economic Survey of Norway 2017

Business dynamism and sound management of natural resources wealth has helped propel Norway among the highest levels of GDP per capita in the world. Combined with its “Nordic model” ensuring inclusiveness and low inequality, Norway exhibits impressive levels of well-being in many dimensions.




business and finance

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).




business and finance

Lowering barriers to entrepreneurship and promoting small business growth in South Africa

Lowering high levels of unemployment and inequality are amongst the largest challenges facing South Africa.




business and finance

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.




business and finance

Making the business environment more supportive of productivity in Belgium

A favourable business environment is crucial to boosting Belgium’s productivity and inclusiveness and to sustain improvements in long-term economic prosperity.




business and finance

Raising and mobilising skills to boost productivity and inclusiveness in Belgium

A highly educated and skilled workforce has been an important driver of productivity performance and prosperity in Belgium.




business and finance

The effects of the tax mix on inequality and growth

Can reforms that shift the balance among different taxes in the revenue mix lastingly influence the overall prosperity of an economy and the distribution of income across households?




business and finance

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.