The government has put a heavy emphasis on improving the business climate, thereby promoting a competitive, innovative and dynamic private business sector.

Rising energy prices push OECD annual inflation to 1.8% in December 2016

New evidence on the effect of energy prices on outward FDI can provide some reassurance in light of concerns about Pollution Havens.

Portugal’s economy has successfully recovered from the strong recession that lasted until 2014. Nonetheless, the economy’s still low investment, which has declined far more than in other Euro area countries, remains a source of concern.

This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity.

This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity.

Despite an improvement in overall macroeconomic performance in Costa Rica, income inequality has risen and is currently at its maximum historical value.

Mexico’s structural reforms are already boosting productivity, but more can be done.

Sharp rise in energy prices pushes OECD annual inflation up to 2.3% in January 2017

Stable growth momentum in the OECD area

The Japanese economy has gained momentum and is creating jobs, according to a new OECD report. The latest OECD Economic Survey of Japan, presented in Tokyo by OECD Secretary-General Angel Gurría, says that per capita growth rates in recent years have matched those across the OECD – a major improvement. The Survey underlines the key role Abenomics has played in the economic revival.

This OECD technical report to G-20 Finance Ministers and Governors provides an assessment of progress on structural reform to achieve strong, sustainable and balanced growth under the G-20 Enhanced Structural Reform Agenda (ESRA) agreed at the Hangzhou summit.

Labour productivity in Japan is about a quarter below the average of the top half of OECD countries, which is surprising given Japan's outstanding performance in education and skills and high level of R&D spending.

OECD annual inflation slows to 2.3% in March 2017, driven by energy prices

The paper describes revisions to the trend labour efficiency component of the production function underpinning long-term economic scenarios.

The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.

The Colombian economy has been more resilient than other Latin American countries to the recent fall in commodities prices, and remains among the strongest in the region.

Boosting investment is key to supporting the nascent recovery and reviving stagnant productivity.

OECD annual inflation nudges up to 2.4% in April 2017

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.

Innovation is key to boosting Australia’s productivity and inclusiveness.

Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level.

The New Zealand economy continues enjoying a strong, broad-based expansion, driven by booming tourism, high net inward migration, solid construction activity and supportive monetary policy.

Productivity growth will be the main driver of global economic growth and prosperity over the coming decades. For New Zealand, this represents both a challenge and an opportunity, as NZ productivity is below that of leading OECD countries.

International cooperation is now more critical than ever, OECD Secretary-General Angel Gurría said following a G20 Leader’s Summit marked both by controversy but also advances on a range of policies to tackle global challenges.

OECD annual inflation slows to 1.9% in June 2017, driven by energy prices

Despite improvements over the past few decades, Slovak health outcomes remains poor compared with most other OECD countries, even after controlling for differences in per capita income and other social, cultural and lifestyle factors.

The Slovenian economy is rebounding after a long downturn, experiencing stronger growth, declining unemployment, healthier public finances and renewed income convergence with more advanced European economies. Further reforms are now needed to increase investment, boost productivity, improve living standards and ensure that all Slovenians benefit from inclusive growth, according to a new report from the OECD.

OECD annual inflation nudges up to 2.0% in July 2017

Living standards in China have greatly improved over the past few decades. Both sustained economic growth and an expansion of the social security system have contributed to a sharp reduction in the number of people in poverty.

Economic growth is strengthening in France, supported by consumption and investment, and the labour market is gradually recovering, as past reductions of comparatively high labour and business taxes are starting to take effect. However, GDP and employment growth are still lagging relative to the euro-area average.

Latvia’s economy is growing strongly. Driven by the recovery of exports and investment as well as strong private consumption, real GDP growth is expected to strengthen from 2% in 2016 to around 4% this year and next.

Financial inclusion and women entrepreneurship concern policymakers because of their impact on job creation, economic growth and women empowerment.

Never in the past 30 years has productivity growth been lower than since the 2008 global financial crisis, and never has income inequality been higher than it is today in Japan, and in the OECD area

OECD annual inflation picks up to 2.2% in August 2017, driven by food and energy prices

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

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

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

OECD annual inflation nudges up to 2.3% in September 2017

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.

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.

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.

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

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

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.

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

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

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.

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.

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