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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.




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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).




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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.




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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.




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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.




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Switzerland’s productivity puzzle: Being a leader and an underperformer

Switzerland is among the leaders in many global rankings including on R&D, innovation, infrastructure, universities and competitiveness. It is well integrated in global value chains, specialised in some high-value-added activities and home of many large multinationals. These factors should contribute to high, and rising, labour productivity.




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Consumer Prices, OECD - Updated: 9 January 2018

OECD annual inflation picks up to 2.4% in November 2017




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France: Promoting economic opportunities and well-being in poor neighbourhoods

Thanks to a highly developed welfare state, poverty is moderate on average in France, but – as in other countries – highly concentrated in some neighbourhoods.




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France: Improving the efficiency of the health-care system

France’s health-care system offers high-quality care. Average health outcomes are good, public satisfaction with the health-care system is high, and average household out-of-pocket expenditures are low.




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Reducing regional disparities in productivity in the United Kingdom

The United Kingdom displays large regional disparities in productivity compared to most other OECD countries, with a large gap between London and most other regions.




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Improving productivity and job quality of low-skilled workers in the United Kingdom

More than a quarter of adults in the United Kingdom have low basic skills, which has a negative impact on career prospects, job quality and productivity growth.




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Consumer Prices, OECD - Updated: 6 February 2018

OECD annual inflation slows to 2.3% in December 2017




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How to improve Norway’s transport-infrastructure investment

Norway makes substantial public investment in transport and this has intensified in recent years. There is potentially large economic benefit from such investment, particularly as good transport infrastructure can help Norway’s transition away from oil-related activities.




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Chile should use upturn to address low productivity and high inequality

A favourable growth outlook offers Chile an opportunity to address its low productivity levels compared to other advanced economies, improve access to quality jobs and take steps to reduce its persistently high inequality, according to a new OECD report.




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Chile debería aprovechar el repunte económico para abordar la baja productividad y tomar medidas para reducir la alta desigualdad

Las perspectivas de crecimiento favorable ofrecen a Chile una oportunidad para abordar sus bajos niveles de productividad comparados con los de otras economías desarrolladas, mejorar el acceso al empleo de calidad, y tomar medidas para reducir su desigualdad persistentemente alta, según un nuevo informe de la OCDE.




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Consumer Prices, OECD - Updated: 6 March 2018

OECD annual inflation slows to 2.2% in January 2018




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Ireland recovering strongly but weak productivity and Brexit cloud outlook

The Irish economy is recovering robustly. Business investment by local firms has picked up, household consumption is reviving while the boost to jobs and a rapidly declining unemployment rate have led to strong wage growth in a number of sectors, says a new OECD report.




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Mind the gaps: boosting productivity and reducing inequality in Chile

Chile has been one of the fastest-growing economies in the OECD in recent decades. Sound macroeconomic management, bold structural reforms, such as trade and investment liberalisation, and buoyant natural-resource sectors, supported fast convergence in living standards.However, progress has slowed: declining productivity gains are limiting prospects for rising incomes and better-quality jobs; and inequality remains stubbornly high.




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Towards a more prosperous and inclusive Brazil

Over the past two decades, strong growth combined with remarkable social progress has made Brazil one of the world’s leading economies.




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How do you improve the durability of a Celtic Tiger?

The Irish economy is booming and is expected to continue expanding at healthy rates over the next few years.




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Statistical Insights: New OECD-WTO data provides coherent and comprehensive view of Global Trade in Services

Services comprise a growing share of international trade. Yet detailed statistics on which countries trade which services with which partners remain patchy.




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Consumer Prices, OECD - Updated: 5 April 2018

OECD annual inflation stable at 2.2% in February 2018




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Composite Leading Indicators (CLI), OECD, April 2018

OECD CLIs point to stable growth momentum in the OECD area




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Tunisia: reviving the process of economic convergence for the benefit of all Tunisians

Tunisia is firmly committed to a process of democratisation that needs underpinning by economic reforms in order to guarantee an improved standard of living for all Tunisians.




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Investment as a transmission mechanism from weak demand to weak supply and the post-crisis productivity slowdown

Current weak labour productivity growth in many OECD countries reflects historically weak contributions from both total factor productivity (TFP) growth and capital deepening.




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Unblocking the productivity potential of local businesses in Ireland

New firm-level analysis undertaken in tandem with the OECD Economic Survey of Ireland 2018 finds that the majority of businesses in Ireland have actually experienced falling productivity since the mid-2000s.




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Mr. Angel Gurría, Secretary-General of the OECD, in Athens on Monday 30 April 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Athens on Monday 30 April 2018 to present the 2018 OECD Economic Survey of Greece, alongside Mr. Alexis Tsipras, Prime Minister of Greece.




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The Greek economy is recovering. Improving debt sustainability, tackling poverty and boosting investment are vital to sustaining the positive momentum.

Greece’s recovery from deep economic depression is finally gaining traction, according to the OECD. Economic growth has started to pick up led by a rise in exports while labour market reforms have improved competitiveness and are helping to create jobs.




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Boosting productivity and living standards in Thailand

Over the past decade, limited structural reform and capital investment have held back productivity growth and improvements in well-being, and Thailand has lost ground vis-à-vis regional comparators.




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Consumer Prices, OECD - Updated: 5 June 2018

OECD annual inflation stable at 2.3% in April 2018




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Firms at the productivity frontier enjoy lower effective taxation

Slow productivity growth in advanced economies holds back income gains and therefore improvements in well-being.




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Could current inflation targeting frameworks be improved?

As discussed in the latest OECD Economic Outlook, the prolonged undershooting of inflation targets, despite massive monetary policy stimulus and stronger economic growth and lower unemployment, raises issues about the appropriateness of current inflation targeting frameworks in advanced economies. While the frameworks differ in detail and implementation, they are principally based on medium-term inflation objectives of 2%.




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Structural policies to boost productivity and inclusion in Costa Rica

Owing to past structural reforms, Costa Rica has enjoyed robust GDP growth and productivity levels are gradually converging towards the OECD average.




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Reforms in Lithuania are reinforcing economic growth but boosting productivity is still a challenge

Lithuania’s economy has grown faster than most other OECD economies over the past 10 years, unemployment continues to fall and public finances have stabilised after a long period of deficits and rising debt.




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Mr. Angel Gurría, Secretary-General of the OECD, in Prague on 16 July 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Prague on 16 July 2018 on an official visit. He will present the 2018 OECD Economic Survey and the Environmental Performance Review of the Czech Republic.




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The Czech economy is thriving but boosting skills and productivity and transitioning to a low-carbon productive model is vital to sustainable and inclusive growth

The Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.




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Improving the quality of business investment in Turkey

Turkey’s business sector exhibits one of the highest investment rates among OECD countries.




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Reforms for sustainable productivity growth in Ireland

The Irish economy has experienced a decline in productivity growth over the past decade. This has mostly reflected the poor performance of local firms, with the large productivity gap between foreign-owned and local enterprises having widened.




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The sustainable management of a productive natural capital

This paper examines an industry whose economic activity uses a natural capital on which its profit also relies.




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Canada has high levels of well-being and solid growth but trade tensions and housing market pose risks while inclusiveness could be improved

Canada is one of the OECD economies delivering the best outcomes for its citizens, especially in regards to self-reported well-being, personal security and health status. Canada is also undertaking several programmes to foster inclusive growth – with respect to childcare benefits, gender equality and social housing.




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Delivering on the promise of better outcomes for Canadian women

The current Canadian government has declared itself feminist and has taken a number of steps to improve labour market outcomes for women. In terms of employment and labour force participation, Canadian women do much better than the OECD average.




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Consumer Prices, OECD - Updated: 2 August 2018

OECD annual inflation up to 2.8% in June 2018, driven by energy and food prices




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The UK productivity puzzle through the magnifying glass: A sectoral perspective

Since the start of the Great Recession, labour productivity growth has been weak in the United Kingdom, weaker than in many other OECD countries.




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Consumer Prices, OECD - Updated: 4 September 2018

OECD annual inflation nudges up to 2.9% in July 2018




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Labour share developments over the past two decades: The role of technological progress, globalisation and "winner-takes-most" dynamics

Over the past two decades, real median wage growth in many OECD countries has decoupled from labour productivity growth, partly reflecting declines in labour income shares.




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Consumer Prices, OECD - Updated: 2 October 2018

OECD annual inflation stable at 2.9% in August 2018




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Further reforms will promote a more inclusive and resilient Indonesian economy

A steady economic expansion in Indonesia is boosting living standards, curbing poverty and offering millions of people greater access to public services.




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Reforming the large business groups to promote productivity and inclusion in Korea

Large business groups, which played a key role in Korea's economic development, are still dominant today, especially in exporting.




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Enhancing dynamism in SMEs and entrepreneurship in Korea

Making SMEs and start-ups a driver of growth and job creation requires a number of policies to improve the performance of SMEs, whose labour productivity in the manufacturing sector has fallen to less than a third of that in large companies.




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Consumer Prices, OECD - Updated: 6 November 2018

OECD annual inflation stable at 2.9% in September 2018