the A new perspective on inequality: The income distribution across advanced countries By oecdecoscope.wordpress.com Published On :: Wed, 04 Apr 2018 10:38:00 GMT What is the relevant perspective for evaluating people’s living standards in advanced countries? According to standard assessments of inequality it is fellow citizens within the country. Full Article
the Basic income or a single tapering rule? Incentives, inclusiveness and affordability compared for the case of Finland By dx.doi.org Published On :: Tue, 10 Apr 2018 09:00:00 GMT This paper compares Finland’s benefit system with two benefit reform scenarios: a uniform benefit for all ("basic income") and a universal tapering rule ("universal credit"). Full Article
the Tunisia: reviving the process of economic convergence for the benefit of all Tunisians By oecdecoscope.wordpress.com Published On :: Tue, 10 Apr 2018 19:00:00 GMT 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. Full Article
the Investment as a transmission mechanism from weak demand to weak supply and the post-crisis productivity slowdown By dx.doi.org Published On :: Mon, 16 Apr 2018 11:54:00 GMT Current weak labour productivity growth in many OECD countries reflects historically weak contributions from both total factor productivity (TFP) growth and capital deepening. Full Article
the Unblocking the productivity potential of local businesses in Ireland By oecdecoscope.wordpress.com Published On :: Thu, 19 Apr 2018 10:14:00 GMT 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. Full Article
the Will the inflation genie escape the bottle? New evidence on globalisation, competition and inflation By oecdecoscope.wordpress.com Published On :: Wed, 25 Apr 2018 10:59:00 GMT Markets and commentators are speculating that there may be a sustained pick-up in inflation in the United States, after years of subdued price pressures. Along with continued solid US jobs growth and low unemployment, there are tentative signs of higher wage growth and the fiscal stimulus will also boost short-term growth. Global growth is also getting stronger. Full Article
the A balancing act: Why inequality increased in the Nordics By oecdecoscope.wordpress.com Published On :: Wed, 25 Apr 2018 11:13:00 GMT The Nordics are rightly renowned for being inclusive societies with low inequality compared to other OECD countries. However, some of the largest inequality increases over the past few decades took place in Sweden, Finland and Denmark. Full Article
the Mr. Angel Gurría, Secretary-General of the OECD, in Athens on Monday 30 April 2018 By www.oecd.org Published On :: Fri, 27 Apr 2018 08:57:00 GMT 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. Full Article
the The Greek economy is recovering. Improving debt sustainability, tackling poverty and boosting investment are vital to sustaining the positive momentum. By www.oecd.org Published On :: Mon, 30 Apr 2018 14:00:00 GMT 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. Full Article
the The deterioration of the public spending mix during the global financial crisis: Insights from new indicators By dx.doi.org Published On :: Fri, 25 May 2018 10:22:00 GMT The analysis suggests that countries with a counter-cyclical fiscal stance typically have a public spending structure that is more supportive of inclusive growth. Full Article
the Mr. Angel Gurría, Secretary-General of the OECD, in Washington on 6-7 June 2018 By www.oecd.org Published On :: Mon, 04 Jun 2018 15:01:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington on 6-7 June 2018 to present the 2018 OECD Economic Survey of the United States.While in Washington, the Secretary-General will hold bilateral meetings with several US high level officials. Full Article
the Mr. Angel Gurría, Secretary-General of the OECD, in Berlin on 11-12 June 2018 By www.oecd.org Published On :: Mon, 11 Jun 2018 08:59:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, will be in Berlin on 11-12 June 2018 to attend a meeting with Chancellor Merkel and Heads of International Organisations. While in Berlin, the Secretary-General will also present the 2018 OECD Economic Survey of Germany. Full Article
the Firms at the productivity frontier enjoy lower effective taxation By dx.doi.org Published On :: Tue, 12 Jun 2018 08:56:00 GMT Slow productivity growth in advanced economies holds back income gains and therefore improvements in well-being. Full Article
the Mr. Angel Gurría, Secretary-General of the OECD, in Madrid 13-15 June 2018 By www.oecd.org Published On :: Wed, 13 Jun 2018 12:59:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, was in Madrid 13-15 June 2018. The Secretary-General delivered remarks at the event organised by the Consejo Iberoamericano para la Competitividad y Productividad: "Innovación gubernamental para un Estado al servicio de la Sociedad". Full Article
the Further reforms needed for a stronger and more integrated Europe By www.oecd.org Published On :: Tue, 19 Jun 2018 09:00:00 GMT The European economy is growing robustly, helped by accommodative monetary policy, mildly expansionary fiscal policy and the global acceleration. The current economic expansion should be used to speed up implementation of reforms to the euro area architecture and EU policies that would support greater European integration and ensure stronger, more inclusive long-term growth, according to two new reports from the OECD. Full Article
the Mr. Angel Gurría, Secretary-General of the OECD, in The Hague on 2 July 2018 By www.oecd.org Published On :: Fri, 29 Jun 2018 09:49:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, will be in The Hague on 2 July 2018 to present the 2018 OECD Economic Survey of The Netherlands. While in The Hague, the Secretary-General will hold bilateral meetings with several Ministers and high-level officials of The Netherlands. Full Article
the Tunisia's inclusion in global value chains and the role of offshore companies By www.oecd-ilibrary.org Published On :: Fri, 29 Jun 2018 10:16:00 GMT Tunisia’s trade, Tunisia's openness and its integration into global value chains has improved significantly since the mid-1990s, reflecting the country's comparative advantages. Full Article
the Strengthening innovation in Poland By www.oecd-ilibrary.org Published On :: Fri, 29 Jun 2018 10:31:00 GMT Poland’s catch up with other OECD country has been largely based on productivity growth resulting from restructuring towards more productive sectors and foreign technology absorption. Full Article
the The "Family 500+" child allowance and female labour supply in Poland By www.oecd-ilibrary.org Published On :: Fri, 29 Jun 2018 11:37:00 GMT In 2016 the Polish government introduced a large new child benefit, called "Family 500+", with the aim to increase fertility from a low level and reduce child poverty. Full Article
the Economic Survey of the Netherlands 2018 By www.oecd.org Published On :: Mon, 02 Jul 2018 13:00:00 GMT The Netherlands is experiencing vibrant economic activity, with gross domestic product (GDP) at about 8% above its pre-crisis peak and the unemployment rate below 4%. Growth picked up to above 3% in 2017, which was well above the euro area and OECD averages. Full Article
the Further reforms can foster more inclusive labour markets in The Netherlands By www.oecd.org Published On :: Mon, 02 Jul 2018 13:00:00 GMT Economic performance in The Netherlands is vibrant and growth is expected to remain robust, underpinned by sound public finances, healthy job creation and high levels of confidence. The current economic expansion should be used to speed up implementation of reforms to ensure future stability and support more inclusive labour markets, according to a new report from the OECD. Full Article
the The quantification of structural reforms: Taking stock of the results for OECD and non-OECD countries By www.oecd-ilibrary.org Published On :: Wed, 04 Jul 2018 11:37:00 GMT This paper summarises earlier OECD work aimed at quantifying the impact of structural reforms on economic outcomes. Full Article
the To shorten or to lengthen? Public debt management in the low-interest rate environment By www.oecd-ilibrary.org Published On :: Wed, 04 Jul 2018 11:50:00 GMT With still large government debt and interest payments in many OECD countries, actively adjusting debt maturity can help to minimise debt servicing costs. Full Article
the Costa Rica: Restoring fiscal sustainability and setting the basis for a more growth-friendly and inclusive fiscal policy By www.oecd-ilibrary.org Published On :: Wed, 04 Jul 2018 14:31:00 GMT Consecutive years of primary deficits have led to mounting public debt of almost 50% of GDP, one of the fastest increases in Latin America over the last decade. Full Article
the To shorten or to lengthen debt maturity to lower debt servicing costs? By oecdecoscope.wordpress.com Published On :: Mon, 09 Jul 2018 12:06:00 GMT Low interest rates prevailing in many advanced economies in recent years have already helped to lower the debt servicing burden, but government debt and interest payments remain large in many OECD countries. Could a further reduction in interest payments be attained by "locking-in" current low interest rates? Full Article
the OECD economic scenarios to 2060 illustrate the long-run benefits of structural reforms By www.oecd.org Published On :: Thu, 12 Jul 2018 10:00:00 GMT Policy choices made today can have important positive effects on future living standards, according to new long-term economic scenarios released by the OECD. Full Article
the Mr. Angel Gurría, Secretary-General of the OECD, in Prague on 16 July 2018 By www.oecd.org Published On :: Fri, 13 Jul 2018 15:53:00 GMT 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. Full Article
the 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 By www.oecd.org Published On :: Mon, 16 Jul 2018 14:00:00 GMT 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. Full Article
the The quantification of structural reforms: Introducing country-specific policy effects By www.oecd-ilibrary.org Published On :: Wed, 18 Jul 2018 10:31:00 GMT This paper presents country-specific effects of structural reforms. It discusses how sizeable and interesting country-specific effects can be identified in a panel setting by conditioning the impact of individual policies on their own level or on the stance of other policies and institutions. Full Article
the An empirical investigation on the drivers of income redistribution across OECD countries By oecdecoscope.blog Published On :: Thu, 19 Jul 2018 15:34:00 GMT Income inequality has increased in most OECD countries over the past two decades. This has come about both because incomes before taxes and transfers have become more unequally distributed, and because the extent of redistribution through taxes and transfers has fallen. Full Article
the Growth remains buoyant in Turkey but fundamentals need to be strengthened By oecdecoscope.blog Published On :: Fri, 20 Jul 2018 11:05:00 GMT Despite numerous headwinds and adverse shocks, Turkey's real GDP has grown by more than 34% over the past 5 years, faster than any other OECD country except for Ireland and only slightly less than China and India. Full Article
the Improving the quality of business investment in Turkey By oecdecoscope.blog Published On :: Fri, 20 Jul 2018 16:38:00 GMT Turkey’s business sector exhibits one of the highest investment rates among OECD countries. Full Article
the The sustainable management of a productive natural capital By www.oecd-ilibrary.org Published On :: Mon, 23 Jul 2018 15:15:00 GMT This paper examines an industry whose economic activity uses a natural capital on which its profit also relies. Full Article
the The Czech economy is thriving but labour shortages will limit growth By oecdecoscope.blog Published On :: Mon, 23 Jul 2018 16:41:00 GMT Growth, driven by both internal and external demand, has been accelerating since 2013 and at 4.6% in 2017 it was more balanced than in previous years. Household consumption is supported by income growth, a declining savings rate as confidence is high, and by rising credit. Full Article
the Stabilisation policies to strengthen Euro area resilience By www.oecd-ilibrary.org Published On :: Tue, 24 Jul 2018 11:10:00 GMT The euro area sovereign debt crisis highlighted important weaknesses in the euro area design. Fiscal policy did not build sufficient buffers before the crisis, which forced some countries to tighten fiscal policy too rapidly during the downturn to restore market confidence in sovereign borrowing. Full Article
the Sovereign defaults: Evidence on the importance of government effectiveness By www.oecd-ilibrary.org Published On :: Thu, 26 Jul 2018 09:18:00 GMT This paper provides robust empirical evidence that government effectiveness is a key determinant of sovereign defaults. Full Article
the Delivering on the promise of better outcomes for Canadian women By oecdecoscope.blog Published On :: Tue, 31 Jul 2018 09:18:00 GMT 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. Full Article
the Stabilising the Euro Area through unemployment benefits re-insurance scheme By www.oecd-ilibrary.org Published On :: Fri, 03 Aug 2018 15:01:00 GMT The paper examines the possible design and macroeconomic stabilisation properties of a euro area unemployment benefits re-insurance scheme using annual historical data from 2000 to 2016. Full Article
the Euro Area unemployment insurance at the time of zero nominal interest rates By www.oecd-ilibrary.org Published On :: Fri, 03 Aug 2018 15:04:00 GMT The discussion about a fiscal stabilisation capacity as a way of providing more fiscal integration in the euro area has strengthened in the aftermath of the European sovereign debt crisis. Full Article
the Who are the beneficiaries of the structural funds and the cohesion fund and how does the cohesion policy impact firm-level performance? By www.oecd-ilibrary.org Published On :: Fri, 03 Aug 2018 15:05:00 GMT This paper exploits a new database that is unique in its scale and scope containing detailed information on over two million projects carried out by one million firms that benefited from the European Regional Development Fund, the European Social Fund and the Cohesion Fund in 25 EU member countries during the multi-annual financial framework 2007-2013. Full Article
the The global impact of weaker demand growth in China By oecdecoscope.blog Published On :: Wed, 08 Aug 2018 18:24:00 GMT Greater international integration has modified the transmission channels and the impact that external shocks have on domestic economies via increased trade openness and exposure to global financial developments. Full Article
the The UK productivity puzzle through the magnifying glass: A sectoral perspective By www.oecd-ilibrary.org Published On :: Wed, 08 Aug 2018 18:26:00 GMT Since the start of the Great Recession, labour productivity growth has been weak in the United Kingdom, weaker than in many other OECD countries. Full Article
the Rising financial integration amplifies the global impact of financial market shocks By oecdecoscope.blog Published On :: Fri, 10 Aug 2018 09:19:00 GMT Stronger cross-border economic and financial integration implies that macroeconomic shocks in one country are increasingly likely to spill over into other economies. Full Article
the Labour share developments over the past two decades: The role of technological progress, globalisation and "winner-takes-most" dynamics By www.oecd-ilibrary.org Published On :: Wed, 05 Sep 2018 09:55:00 GMT 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. Full Article
the Mr. Angel Gurría, Secretary-General of the OECD, in Vienna on 7-8 September 2018 By www.oecd.org Published On :: Thu, 06 Sep 2018 09:15:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on 7-8 September 2018 to attend the Eurogroup Meeting / Informal Meeting of Economic and Financial Affairs Ministers (ECOFIN). Full Article
the Speeding up economic catch-up in the BRIICS with better governance and more education By oecdecoscope.blog Published On :: Mon, 17 Sep 2018 12:48:00 GMT Economic research has established that a large part of income disparities between poor and rich countries can be attributed to differences in governance and in the quantity and quality of human capital. Full Article
the If potential output estimates are too cyclical, then OECD estimates have an edge By oecdecoscope.blog Published On :: Tue, 09 Oct 2018 10:14:00 GMT To assess the cyclical position of an economy, macroeconomists use a concept called potential output, which measures the economy’s production rate that is consistent with stable inflation at the target. Full Article
the Further reforms will promote a more inclusive and resilient Indonesian economy By www.oecd.org Published On :: Wed, 10 Oct 2018 04:00:00 GMT A steady economic expansion in Indonesia is boosting living standards, curbing poverty and offering millions of people greater access to public services. Full Article
the Reforming the large business groups to promote productivity and inclusion in Korea By www.oecd-ilibrary.org Published On :: Wed, 10 Oct 2018 17:29:00 GMT Large business groups, which played a key role in Korea's economic development, are still dominant today, especially in exporting. Full Article
the OECD, BSR and Danone launch 3-year initiative to strengthen inclusive growth through public-private collaboration By www.oecd.org Published On :: Mon, 12 Nov 2018 12:00:00 GMT Business and government should work more closely together to reduce inequality and foster inclusive growth. To help achieve this, at the Paris Peace Forum, Gabriela Ramos, OECD Chief of Staff, G7/G20 Sherpa and leader of the OECD’s Inclusive Growth Initiative, and Emmanuel Faber, Chairman & CEO of Danone, launched the Business for Inclusive Growth (B4IG) Platform. Full Article