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Enhancing the inclusiveness of the labour market in Belgium

The global crisis led to a smaller increase in the unemployment rate than in most other OECD countries as employment has been sustained through intensive use of reduced working time schemes.




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Why do Russian firms use fixed-term and agency work contracts?

This study looks into the use of fixed term contracts and agency work in Russia during and shortly after the crisis 2009 10 with the help of an enterprise survey.




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The performance of road transport infrastructure and its links to policies

Despite the economic importance of the road transport sector, there is no systematic cross-country evidence on the sector’s efficiency.




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Do policies that reduce unemployment raise its volatility? Evidence from OECD countries

In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its long-run volatility.




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Structural reforms more important than ever for a strong and balanced economic recovery

Structural reforms offer governments a powerful tool to boost economic growth, create jobs and bring about a strong and balanced economic recovery, according to the OECD’s latest Going for Growth report.




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Labour market and social policies to foster more inclusive growth in Sweden

Sweden is a very egalitarian country but inequalities have risen and some groups are poorly integrated into the labour market.




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Housing, financial and capital taxation policies to ensure robust growth in Sweden

Extensive structural reforms since the early 1990s have strengthened the resilience of the Swedish economy to shocks.




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Labour market performance by age groups: a focus on France

This paper analyses the age structure of employment rates across OECD countries with a focus on France. The statistical contribution of each age group to total unemployment-rate differentials is also computed.




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The declining competitiveness of French firms reflects a generalised supply-side problem

This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area.




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Measuring Fiscal Decentralisation, Concepts and Policies

This book deals with two issues. The first concerns the various measurement of fiscal decentralization in general and their usefulness for policy analysis. The second and more specific issue concerns the taxonomy of intergovernmental grants and the limits of the current classifications.




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Do the average level and dispersion of socio-economic background measures explain France’s gap in PISA scores?

OECD’s PISA publications highlight the impact of economic, social and cultural status (ESCS) on students’ results within countries. The focus here is to investigate whether ESCS measures could contribute to differences in aggregate educational outcomes between countries.




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Policy options to durably resolve euro area imbalances

A simple econometric framework is presented linking current account balances of euro area countries to intra and extra euro area competitiveness, cyclical positions, fiscal positions and the oil price.




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Work incentives and Universal Credit – reform of the benefit system in the United Kingdom

Under the Universal Credit reform, the main means-tested benefits except the Council Tax Benefit will be pooled into one single benefit with one single taper rate. The reform will give people better incentives to work, reduce complexity and contribute to reducing poverty.




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Strengthening social cohesion in Luxembourg: making efficiency and equity go hand in hand

Luxembourg is a rich and fast-growing country. However, inequality of disposable incomes has trended up modestly over the past decades and relative poverty has risen reflecting mainly the rapid growth of high incomes.




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France must do more to boost competitiveness and create jobs

France has avoided the most severe impacts of the global economic crisis and turmoil in the euro area, but must now take action to boost competitiveness and create jobs, according to the OECD’s latest Economic Survey of France.




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Speeding up reforms will foster more inclusive and greener growth in China

China has made tremendous progress toward achieving inclusive growth, but major reforms are needed to ensure a fourth decade of rapidly converging living standards and a greener economy, according to the OECD’s latest Economic Survey of China.




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Stepping up the pace of reform and fostering greener and more inclusive growth in China

China’s new leadership has signalled that it is time to step up the pace of reform, building on the remarkable economic and social achievements to date while recognising the pressing need for deep structural changes. Indeed, far-reaching reforms are necessary for continuing to raise living standards and well-being, even as China is poised to become the world’s largest economy by around 2016.




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Together We Stand: Inclusive Growth

Our economic growth models have not equitably distribute benefits. Inequalities were brewing under the surface prior to 2007 and increased almost everywhere even during periods of sustained economic growth. We need to reverse this trend, said OECD Secretary-General.




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Income inequality and poverty in Colombia. Part 1. The role of the labour market

Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. Income dispersion largely originates from the labour market, which is characterised by a still high unemployment rate, a pervasive informal sector and a wide wage dispersion reflecting a large education premium for those with higher education.




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Income inequality and poverty in Colombia. Part 2. The redistributive impact of taxes and transfers

Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. While most of the inequality originates from the labour market, wealth – and thus capital income – is also highly concentrated and the tax and transfer system has little redistributive impact.




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Youth labour market performance in Spain and its determinants - a micro-level perspective

This paper provides both descriptive and empirical evidence about the main youth labour market problems in Spain. Using the experiences of other EU economies as a benchmark, we document the performance of Spain as regards a wide set of youth labour market dimensions.




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Green Growth Knowledge Platform 2013 annual conference

The GGKP’s second annual conference will be held at the OECD Headquarters in Paris on 4-5 April 2013. The discussion will be framed around two headline themes: Greening global value chains and Measurement and reporting for green growth.




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Improving the economic situation of young people in France

The economic situation of young people is unsatisfactory. Educational inequalities have been widening for over a decade, due to a sharp decline in the results of the most highly disadvantaged students. The unemployment rate for the 20-24 age bracket has not dropped below 16% for nearly 30 years.




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Slovak Republic: Fostering an inclusive job-rich recovery - OECD Better Policies Series

The Slovak Republic is one of the most dynamic economies in the euro area. The country has continued to converge rapidly towards the living standards of advanced OECD economies. However, the Slovak Republic should continue on its path of reform to achieve balanced, fair and sustainable growth, according to a new OECD report.




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Written Statement to the International Monetary and Financial Committee - April 2013

The OECD provides an update on global economy in this statement to the International Monetary and Financial Committee - April 2013.




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How to get it right: government balances, growth and income inequality

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.




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Homo Economicus: an uncertain guide

As humans, we face a constant internal conflict between immediate gratification and more prudent living. This conflict is also apparent in society. How can we ensure that the homo economicus within us takes the decisions that best affect our lives, and economies?




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Speech delivered to the OECD Council by the Prime Minister of Portugal, HE. Pedro Passos Coelho

Today the OECD is publishing a report on Portugal's challenges as far as structural reform is concerned. The OECD is an outstanding reference for policy-makers all around the world and I wanted my country to benefit from your skills, experience, and insights, especially on the question of structural reform, said the Portuguese Prime Minister.




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Global economy advancing but pace of recovery varies, says OECD Economic Outlook

The global economy is moving forward, but divergence between countries and regions reflects the uneven progress made toward recovery from the economic crisis, according to the OECD’s latest Economic Outlook. Historically high unemployment remains the most serious challenge facing governments.




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Inequality and poverty in the United States: public policies for inclusive growth

Income inequality and relative poverty in the United States are among the highest in the OECD and have substantially increased over the past decades. These developments have been associated with a number of other worrying statistics, including low intergenerational social mobility and weak real income growth for many households.




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Policy determinants of school outcomes under model uncertainty: evidence from South Africa

In this paper we assess the determinants of secondary school outcomes in South Africa. We use Bayesian Averaging Model techniques to account for uncertainty in the set of underlying factors that are chosen among a very large pool of explanatory variables in order to minimize the risk of omitted variable bias.




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Judicial performance and its determinants: a cross-country perspective

Judicial performance and its determinants: a cross-country perspective




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Assessing the efficiency of welfare spending in Slovenia with data envelopment analysis

This paper derives estimates of the efficiency of welfare spending in Slovenia and the other OECD countries from data envelopment analysis based on model specifications used in earlier OECD studies.




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Belgium: enhancing the cost efficiency and flexibility of the health sector to adjust to population ageing

Belgium has a good record in delivering accessible care, but adaptation to population ageing will be complicated by the fragmentation of responsibilities in the healthcare system and a strong reliance on government regulations.




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Road connectivity and the border effect: evidence from Europe

Several studies have reported a large negative effect of national borders on the volume of trade. We provide new estimates of the border effect for continental Europe using road rather than great circle – or "as-crows-fly" – distance.




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Is there convergence of Russia’s regions? Exploring the empirical evidence: 1995–2010

This paper analyses convergence in per capita gross regional product of Russia’s regions during the period 1995-2010, when regional data are available.




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The effectiveness of monetary policy since the onset of the financial crisis

In the wake of the Great Recession, a massive monetary policy stimulus was provided in the main OECD economies. It helped to stabilise financial markets and avoid deflation. Nonetheless, GDP growth has been sluggish and in some countries lower than expected given the measures taken, and estimated economic slack remains large.




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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 People's Republic of China - Avoiding the middle-income trap: Policies for sustained and inclusive growth

This report presents an update of OECD policy advice in areas that are critical to China’s long-term economic performance and social development. They include food security, social safety nets, health reform, green growth, climate change and urbanisation.




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Irish recovery underway, but more inclusive growth and job creation needed, says OECD

Ireland’s economy is now showing encouraging signs of recovery from the financial crisis, but more must be done to reinvigorate growth and create the jobs that will get the country back to full health, according to the OECD.




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Innovation, diversification and better logistics key to sustainable and inclusive growth, says latest Latin American Economic Outlook

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.




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France : Reinforcing competitiveness is key to boosting jobs and growth

Improving France’s competitiveness is essential to boost the economic growth needed to create jobs and allow citizens and businesses to develop their full potential, according to a new OECD report.




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China’s march to prosperity: reforms to avoid the middle-income trap

China is well-placed to avoid the so-called "middle-income trap" and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon.




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From bricks to brains: increasing the contribution of knowledge-based capital to growth in Ireland

With sound framework conditions, fine universities, good infrastructure and policies friendly towards foreign direct investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and entrepreneurship are on the right track, but investment in knowledge-based capital could be made a more dynamic source of growth and jobs.




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Informal employment in Russia: definitions, incidence, determinants and labour market segmentation

This paper takes stock of informal employment in Russia analysing its incidence and determinants. Using the regular 2003-11 waves and an informality supplement of the Russian Longitudinal Monitoring Survey (RLMS) it develops several measures of informal employment and demonstrates that the incidence varies widely across the different definitions.




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The impact of government bond yield increases on banks

Government bond yields have recently increased in many OECD countries from rock-bottom levels and a further increase is likely with the normalisation of monetary policies.




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OECD Economic Survey of Russia launches in Moscow at the Gaidar Forum on Wednesday 15 January 2014

The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum.




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Mr Gurria strongly supports recently announced plans to revitalise the French economy

OECD Secretary-General Angel Gurría strongly supports President François Hollande’s recently announced measures to revitalise the French economy and set it on a path towards stronger growth.




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OECD Economic Survey of Hungary launches Monday 27 January 2014

The OECD’s latest Economic Survey of Hungary, to be published on Monday 27 January 2014, assesses the country’s exit from recession as well as steps that can be taken to boost its growth potential.




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Germany - Keeping the edge: Competitiveness for inclusive growth

Despite the harsh external economic environment, Germany has managed to reduce unemployment significantly while buttressing the long-term sustainability of its public finances. Drawing on the expertise and experience of OECD member countries, this report sets out key policy priorities to boost productivity growth and social inclusion.