ed Greece: Structural reforms under way but more progress needed in boosting market dynamism By www.oecd.org Published On :: Wed, 27 Nov 2013 14:00:00 GMT Greece has made impressive headway in consolidating its public finances and undertaking key structural reforms to boost productivity and enhance competitiveness. Full Article
ed Israel’s economy growing strongly but further efforts needed to improve living standards, says OECD By www.oecd.org Published On :: Sun, 08 Dec 2013 12:00:00 GMT Israel’s economy is in good shape, but further efforts are needed to fight poverty and close the gap in living standards with other leading nations, according to the OECD’s latest Economic Survey of Israel. Full Article
ed OECD Economic Survey of Russia launches in Moscow at the Gaidar Forum on Wednesday 15 January 2014 By www.oecd.org Published On :: Fri, 20 Dec 2013 11:08:00 GMT The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum. Full Article
ed Russian economy growing but further reforms needed, says OECD By www.oecd.org Published On :: Wed, 15 Jan 2014 11:00:00 GMT The Russian Federation’s economy is growing, but further reforms are needed to bolster future growth, improve the business climate and strengthen innovation, according to the OECD. Full Article
ed Mr Gurria strongly supports recently announced plans to revitalise the French economy By www.oecd.org Published On :: Fri, 17 Jan 2014 13:09:00 GMT 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. Full Article
ed Germany - Keeping the edge: Competitiveness for inclusive growth By www.oecd.org Published On :: Wed, 19 Feb 2014 10:14:00 GMT 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. Full Article
ed Recovery continuing in G7 countries, but emerging economies are mixed, OECD says By www.oecd.org Published On :: Tue, 11 Mar 2014 12:00:00 GMT Recovery is under way in the world’s advanced economies, underpinned by supportive financial conditions and reduced drag from budgetary tightening, but activity in the major emerging markets is mixed, according to the OECD’s latest Interim Economic Assessment. Full Article
ed Europe’s reforms beginning to pay off but continued effort needed, says OECD By www.oecd.org Published On :: Thu, 03 Apr 2014 21:22:00 GMT Action taken by many European countries to return their public finances to health are beginning to pay off, says the OECD. The Euro area economies which emerged from the crisis with serious current account deficits are now in surplus. Debt-to-GDP ratios are stabilising and market tensions have abated. Full Article
ed Make growth socially inclusive for improved well-being and stronger economies – OECD report By www.oecd.org Published On :: Mon, 05 May 2014 10:35:00 GMT Inequality – now at its highest level in decades in many countries – undermines economic growth and well-being, says a new OECD report. But policies to tackle the widening gap between rich and poor will only succeed if they also look beyond income and address better access to high-quality education, health care and public infrastructure, it adds. Full Article
ed African countries need to tap global markets more effectively to strengthen their economies, says new African Economic Outlook By www.oecd.org Published On :: Mon, 19 May 2014 09:16:00 GMT By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings. Full Article
ed Canada: Sustain inclusive growth by reducing housing market risks and overcoming specific skills shortages, says OECD By www.oecd.org Published On :: Wed, 11 Jun 2014 16:20:00 GMT Canada has experienced solid economic growth since the global crisis, allowing it to reverse recession-induced job losses and put federal public finances on a sound footing, says the OECD. Growth is expected to accelerate from 2.5% this year to 2.7% in 2015. Full Article
ed U.S. recovery could be strengthened by key reforms, OECD says By www.oecd.org Published On :: Fri, 13 Jun 2014 11:32:00 GMT Economic recovery in the United States is stronger than in most OECD countries, but it will remain sluggish unless new reforms are launched to boost growth, according to OECD’s latest Economic Survey of the United States. Full Article
ed Workplace stress in the United States: issues and policies By dx.doi.org Published On :: Thu, 24 Jul 2014 09:00:00 GMT Despite relative affluence, workplace stress is a prominent feature of the US labour market. To the extent that job stress causes poor health outcomes – either directly through increased blood ressure, fatigue, muscle pain, etc. or indirectly through increased rates of cigarette smoking – policy to lessen job stress may be appropriate. Full Article
ed Improving well-being in the United States By dx.doi.org Published On :: Thu, 24 Jul 2014 09:00:00 GMT Life is quite good in the United States compared to other OECD countries, thanks to strong economic growth and technological progress having lifted average income to high levels. Nonetheless, there is evidence that the benefits from growth have not been sufficiently broad based. Full Article
ed Reducing income inequality and poverty and promoting social mobility in Korea By dx.doi.org Published On :: Tue, 29 Jul 2014 16:49:00 GMT 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. Full Article
ed Making the banking sector more resilient and reducing household debt in the Netherlands By dx.doi.org Published On :: Fri, 05 Sep 2014 09:00:00 GMT Dutch banks were put under heavy strains early in the global downturn and have comparatively weak financial buffers to cope with new shocks. Falling house prices have increased the share of households with negative home equity to nearly 35% for home-owning households and 40% for mortgage holders. Full Article
ed Reducing the high rate of poverty among the elderly in Korea By dx.doi.org Published On :: Thu, 18 Sep 2014 09:44:00 GMT One-half of Korea's population aged 65 and over lives in relative poverty, nearly four times higher than the OECD average of 13%. Elderly poverty is thus an urgent social problem. Full Article
ed Understanding National Accounts – latest edition now out By www.oecd.org Published On :: Mon, 20 Oct 2014 11:00:00 GMT The OECD has updated its key textbook explaining how economic activity is monitored and measured. Full Article
ed Comprehensive action needed to shift the global economy into higher gear, says OECD in latest Economic Outlook By www.oecd.org Published On :: Thu, 06 Nov 2014 11:00:00 GMT The global economy remains stuck in low gear, but is expected to accelerate gradually if countries implement growth-supportive policies. Widening differences across countries and regions are adding to the major risks on the horizon, according to the advanced G20 release of the OECD’s latest Economic Outlook. Full Article
ed Emerging Asia to see healthy medium-term growth but institutional reforms will be critical for future, says the OECD Development Centre By www.oecd.org Published On :: Wed, 12 Nov 2014 15:23:00 GMT While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19. Full Article
ed Reforms poised to put India on a strong, sustainable and inclusive growth path, OECD says By www.oecd.org Published On :: Wed, 19 Nov 2014 06:00:00 GMT The Indian economy is showing signs of a turnaround, but new reforms are needed to put the country on a path to strong, sustainable and inclusive growth, according to the latest OECD Economic Survey of India. Full Article
ed Better harnessing talent and knowledge to boost sustainable medium-term growth in Spain By dx.doi.org Published On :: Tue, 25 Nov 2014 09:00:00 GMT Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business environment. Full Article
ed Stronger policy response needed to avoid risks to growth, especially in the euro area, says OECD in latest Economic Outlook By www.oecd.org Published On :: Tue, 25 Nov 2014 11:30:00 GMT Modest global economic forecasts, continuing high unemployment, and downshifts in potential output,should spur governments with a greater sense of urgency to fully employ monetary, fiscal and structural policy levers to support growth, notably in Europe, according to the OECD’s latest Economic Outlook. Full Article
ed Can pro-growth policies lift all boats? An analysis based on household disposable income By dx.doi.org Published On :: Fri, 12 Dec 2014 09:00:00 GMT In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the long-run impact of structural reforms on GDP per capita and household income distribution. Full Article
ed Colombia needs a comprehensive tax reform to boost investment and diversify the economy, OECD says By www.oecd.org Published On :: Wed, 14 Jan 2015 17:18:00 GMT The Colombian economy has done remarkably well over the last decade, consistently ranking among the fastest-growing countries in Latin America, but a comprehensive tax reform that promotes investment and diversifies the economy is now needed to put the country on a path toward stronger, sustainable and inclusive growth, according to the latest OECD Economic Survey of Colombia. Full Article
ed Reforms needed to boost productivity and accelerate convergence in Estonia, OECD says By www.oecd.org Published On :: Wed, 28 Jan 2015 14:15:00 GMT The underlying strengths of the Estonian economy have helped it bounce back from the crisis, but some challenges remain to finding a steeper, more inclusive and more sustainable growth path, according to the latest OECD Economic Survey of Estonia. Full Article
ed Green Growth Knowledge Platform (GGKP) 2015 Annual Conference By www.oecd.org Published On :: Thu, 29 Jan 2015 15:57:00 GMT Third Annual Conference on the theme of "Fiscal Policies and the Green Economy Transition: Generating Knowledge – Creating Impact" held at the University of Venice from 29 through 30 January 2015. The press release is available. Full Article
ed G20: Remarks for Session 2 - Framework for Strong, Sustainable and Balanced Growth By www.oecd.org Published On :: Tue, 10 Feb 2015 09:49:00 GMT We therefore need a “copernician” change in our approach to the growth – inequality nexus: let’s not think growth first, and inequality thereafter but let’s consider both of them, together, in their circularity. In other words, let’s think “Inclusive Growth”, right from the start, and let’s make it another touchstone of our efforts and complement the Pittsburgh tryptic of strong, sustainable and balanced growth! Full Article
ed The UK economy is doing well, but the job is not yet finished. Unleashing productivity is key to sustaining strong growth, says OECD By www.oecd.org Published On :: Tue, 24 Feb 2015 11:00:00 GMT 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. Full Article
ed Boosting growth and reducing informality in Mexico By dx.doi.org Published On :: Fri, 06 Mar 2015 09:00:00 GMT Mexico has embarked on a bold package of structural reforms that will help it to break away from three decades of slow growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure and the tax system, among many, and implementation has started in earnest. Full Article
ed Boosting productivity in Russia: skills, education and innovation By dx.doi.org Published On :: Fri, 06 Mar 2015 09:00:00 GMT The labour market in Russia is very flexible. This results in a high and stable overall employment rate, but also high wage inequality, informality and labour turnover, which limits incentives for firms to invest in human capital and productivity improvements. Full Article
ed OECD Interim Economic Assessment launches Wednesday 18 March at 11:00 a.m. By www.oecd.org Published On :: Wed, 11 Mar 2015 14:13:00 GMT Chief Economist Catherine L. Mann will present the near-term prospects for the global economy on Wednesday 18 March at 11:00 a.m. (CET). Full Article
ed Swedish economy resilient but needs to focus on productivity and human capital to keep its edge By www.oecd.org Published On :: Mon, 30 Mar 2015 11:51:00 GMT The Swedish economy has been among the most resilient in Europe, despite the slow global recovery and high uncertainty, but challenges remain if it is to maintain high growth and well-being and extend prosperity to all, according to the latest OECD Economic Survey of Sweden. Full Article
ed Action is needed to secure future livelihoods in developed and emerging economies, says the OECD Development Centre By www.oecd.org Published On :: Tue, 31 Mar 2015 10:28:00 GMT New global trend such as jobless growth, a rising youth population and resource scarcity threaten to undo much of the progress of recent decades in securing people’s ability to make a living, according to a new report by the OECD Development Centre launched in Paris today at the OECD Global Forum on Development. Full Article
ed Raising the potential of the domestically oriented sector in Germany By dx.doi.org Published On :: Wed, 08 Apr 2015 12:54:00 GMT 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. Full Article
ed SMEs and entrepreneurs need to diversify their funding amid continued credit constraints By www.oecd.org Published On :: Thu, 16 Apr 2015 22:01:00 GMT Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports. Full Article
ed What we've learned–and have still to learn–from the financial crisis* By www.oecd.org Published On :: Tue, 28 Apr 2015 17:42:00 GMT Financial crises do more than impose huge costs: they have bigger and more insidious effects. We face big challenges in maintaining the supply of global public goods as the world integrates. But these challenges will not be managed successfully if we do not first overcome the legacy of the crisis. Full Article
ed Slovenia needs to increase reform efforts for a return to stronger growth By www.oecd.org Published On :: Mon, 04 May 2015 10:00:00 GMT Economic reforms have helped Slovenia recover from the crisis, but further action is needed to strengthen the banking and corporate sectors, stabilise debt and create jobs, according to the latest OECD Economic Survey of Slovenia. Full Article
ed Providing the right skills to all in China – from "made in China" to "created in China" By dx.doi.org Published On :: Wed, 27 May 2015 17:38:00 GMT 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. Full Article
ed Assessing China's skills gap and inequalities in education By dx.doi.org Published On :: Wed, 27 May 2015 17:53:00 GMT This paper aims at gauging the skills and knowledge gap of tertiary graduates of universities and vocational colleges across China. It also looks at the employment and wage prospects of graduates with different educational backgrounds. Full Article
ed What impedes household investment in energy efficiency and renewable energy? By dx.doi.org Published On :: Wed, 27 May 2015 18:20:00 GMT This paper reviews different explanations for apparent underinvestment in energy efficiency that have been put forward in the literature. It also provides new evidence regarding barriers to investment in energy efficiency based on the OECD Survey on Household Environmental Behaviour and Attitudes. Full Article
ed Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment By dx.doi.org Published On :: Fri, 29 May 2015 13:02:00 GMT This paper compares two competing empirical specifications across all OECD economies, where competing specifications correspond to the 'former' and 'new' specification for deriving measures of the unemployment gap which underlie the OECD’s Economic Outlook projections. Full Article
ed Skills and inclusive growth in Sweden By dx.doi.org Published On :: Fri, 29 May 2015 14:30:00 GMT Educational outcomes could be improved through raising the attractiveness of the teacher profession, improving teacher education and increasing support for struggling students. A more flexible labour market would facilitate access to jobs for youth with low qualifications and immigrants. Full Article
ed Skills and labour market performance in Sweden By dx.doi.org Published On :: Fri, 29 May 2015 15:01:00 GMT Both educational attainment and skills, as measured in the OECD Survey of Adult Skills (PIAAC), are high in Sweden. They are not perfect substitutes, but both are to some degree necessary for successfully integrating in the Swedish labour market. Full Article
ed An inclusive South Africa needs more investment and jobs By www.oecd.org Published On :: Fri, 17 Jul 2015 13:00:00 GMT South Africa has made impressive social progress over the past two decades, lifting millions of people out of poverty and broadening access to essential services like water, electricity and sanitation. Full Article
ed Improving infrastructure in the United Kingdom By dx.doi.org Published On :: Wed, 22 Jul 2015 16:57:00 GMT The United Kingdom (UK) has spent less on infrastructure compared to other OECD countries over the past three decades. The perceived quality of UK infrastructure assets is close to the OECD average but lower than in other G7 countries. Full Article
ed Enhancing the financing of the real economy and financial stability in the United Kingdom By dx.doi.org Published On :: Wed, 22 Jul 2015 17:18:00 GMT The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting both weak demand and tighter supply. New prudential requirements have improved the resilience of the banking sector and a number of measures were taken to support credit supply. Full Article
ed Ireland needs to sustain reform momentum to secure economic recovery and ensure it benefits all By www.oecd.org Published On :: Tue, 15 Sep 2015 11:00:00 GMT A strong commitment to reform and a business-friendly environment have helped Ireland return to robust economic expansion, offering the government an opportunity to heal the scars of the crisis, according to the latest OECD Economic Survey of Ireland. Full Article
ed Finland: Structural reforms needed to boost growth and employment By www.oecd.org Published On :: Thu, 28 Jan 2016 09:31:00 GMT Finland enjoys a high level of income and well-being, but the economy has weakened and new reforms will be necessary to restart growth, boost productivity increase employment and restore competitiveness, according to the latest OECD Economic Survey of Finland. Full Article
ed Israel’s economy is sound but it urgently needs to address productivity, inequality and poverty By www.oecd.org Published On :: Sun, 31 Jan 2016 10:30:00 GMT Israel’s economy has strong fundamentals, but the country needs to address productivity, inequality and poverty if it wants to improve well-being and reduce socio-economic divides, according to the OECD’s latest Economic Survey of Israel. Full Article