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The costs of flexibility-enhancing structural reforms: a literature review

This survey highlights the key results of the empirical literature concerning the costs of flexibility-enhancing reforms in product and labour markets.




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Institutions to promote pro-productivity policies: logic and lessons

In order to promote productivity, and thus boost living standards in the long run, public policies need to focus on improving incentives, capabilities and flexibility within an economy.




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Household debt in OECD countries: stylised facts and policy issues

This paper offers an overview of developments in household debt over the past decades across a large sample of OECD countries, highlighting both common trends and country specificities. It examines the vulnerabilities associated with high household debt for households, the financial system and the wider economy.




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Regulations in services sectors and their impact on downstream industries: the OECD 2013 REGIMPACT indicator

This document presents the new 2013 set of the OECD Regulatory Impact (REGIMPACT) indicator. It measures the impact of regulatory barriers to competition in non-manufacturing sectors on all industries, through intermediate inputs.




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Scaling new heights: achievements and future challenges for productivity convergence in Lithuania

GDP per capita in Lithuania rose from one third to two thirds of the OECD average level between 1995 and 2014, despite internal and external crises. Productivity catch-up was critical to this process, although the level of labour productivity also remains around one-third below the OECD average.




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The short-term impact of product market reforms: a cross-country firm-level analysis

This paper analyses the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis.




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Scaling new heights: achievements and future challenges for productivity convergence in Lithuania

GDP per capita in Lithuania rose from one third to two thirds of the OECD average level between 1995 and 2014, despite internal and external crises. Productivity catch-up was critical to this process, although the level of labour productivity also remains around one-third below the OECD average.




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The short-term impact of product market reforms: a cross-country firm-level analysis

This paper analyses the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis.




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Inefficient insolvency regimes: a barrier to creative destruction?

A key recent OECD work, the "Future of Productivity" implies that inefficient firms increasingly linger as opposed to exit the market, despite their inability to adopt new technologies.




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Mind the gaps: boost early childcare education and care in Costa Rica

Costa Rican well-being indicators are comparable or even above the OECD average in several dimensions (OECD, 2016a). Nevertheless, gaps with OECD countries are large in two dimensions: labour market participation and education.




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The quantification of structural reforms in OECD countries: a new framework

This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries.




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The quantification of structural reforms in OECD countries: a new framework

This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries.




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The fall in real long-term government bond yields: Disentangling different drivers

This paper contributes to the empirical literature investigating reasons for the fall in real interest rates in advanced economies.




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Findings of the recent literature on international capital flows: implications and suggestions for further research

Financial globalisation has given international capital flows a central role in the functioning of the global economy and has therefore led to considerable economic research over the past 30 years.




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Breaking the shackles: zombie firms, weak banks and depressed restructuring in Europe

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.




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The quantification of structural reforms: extending the framework to emerging market economies

This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries.




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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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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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The deterioration of the public spending mix during the global financial crisis: Insights from new indicators

The analysis suggests that countries with a counter-cyclical fiscal stance typically have a public spending structure that is more supportive of inclusive growth.




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The quantification of structural reforms: Taking stock of the results for OECD and non-OECD countries

This paper summarises earlier OECD work aimed at quantifying the impact of structural reforms on economic outcomes.




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Brexit and Dutch Exports: Fewer glasshouses, more glass towers as agri-food shrinks and finance gains

The Netherlands is likely to be one of the European countries that is going to be significantly affected by the United Kingdom’s planned departure from the European Union (Brexit).




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The quantification of structural reforms: Introducing country-specific policy effects

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.




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Sovereign defaults: Evidence on the importance of government effectiveness

This paper provides robust empirical evidence that government effectiveness is a key determinant of sovereign defaults.




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Sectoral and regional distribution of export shocks: What do two hundred thousand UK firm observations say?

This study explores the impact of export shocks on firms and re-aggregates results to derive distributional effects on sectors and regions.




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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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Issuing GDP-linked bonds: Supply and demand can match

This paper compares supply and demand to assess to what extent there can be a market for GDP-linked bonds (GLBs).




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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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Statistical Insights: An x-ray view of inflation

Inflation may be present in some parts of an economy but not others. Contributions to annual inflation show how much different product groups contribute to overall inflation in a given year.




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Improving Agricultural Knowledge and Innovation Systems: OECD Conference Proceedings

How can government policies move towards increasing agricultural innovation and improving productivity? This OECD conference shared case studies and ideas from Europe, China, United States, India, Africa, Brazil, Australia and New Zealand.




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Economic Policy Reforms: Going for Growth 2012 - Brazil Country Note

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.




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Next step towards transparency in international tax matters: Five new jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information

As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Brazil, Guernsey, Jersey, the Isle of Man and Latvia signed today the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports, bringing the total number of signatories to 49.




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Effective carbon rates: Key findings for Brazil

This country note for Brazil provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).




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Working Paper 2011/7: The Competitiveness of Global Port-Cities:The Case of the Seine Axis

This working paper offers an evaluation of the performance of the ports of the Seine Axis (Le Havre,Rouen, Caen and Paris).




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OECD Territorial Reviews: Chihuahua, Mexico

This book examines the gains that might be made by a territorial approach to policymaking that integrates sectoral policies, fosters value-added in rural activities, and links SME-development and FDI-attraction policies as well as innovation capacities and applications.




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Avoiding debt traps: financial backstops and structural reforms

In this paper we develop a simple analytical framework to analyze “good” and “bad equilibria” in public-debt and growth dynamics.




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Public debt, economic growth and nonlinear effects: myth or reality?

The economics profession seems to increasingly endorse the existence of a strongly negative nonlinear effect of public debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt to GDP ratio higher than 90% of GDP is associated with considerably lower economic performance in advanced and emerging economies alike.




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Responding to the crisis: what are OECD countries doing to strengthen their public finances?

OECD countries are intensifying their fiscal consolidation efforts, introducing additional measures and extending the time horizon to implement them. Most have announced fiscal consolidation of more than 3% of GDP over the period 2009-15, according to the OECD’s Restoring Public Finances 2012.




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Inspections Reforms: Why, How and With What Results

This report summarises experience of OECD and non-OECD countries with reforming inspections, attempts to present some of the most interesting and successful experiences suggesting that some good practices may be valid beyond the countries where they were initially pioneered.




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Ports: How to Get More Value for Money?

Ports are the nervous system of global trade. Over 80% of world cargo (by volume) is transported by sea. Our efforts to raise the efficiency, competitiveness and sustainability of ports can help boost trade, growth and jobs. It can also help us to promote green growth and development in the poorest regions, said OECD Secretary-General.




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Cities: green policies can contribute to growth

Cities can generate growth and jobs while becoming greener – this is the message of the OECD’s new Green Growth in Cities report. Drawing on case studies of Paris, Chicago, Kitakyushu and Stockholm, the report identifies green policies that can respond to urban growth priorities and suggests how to implement and finance them.




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OECD Insights: The serpent in the lobby

Article by Patrick Love on lobbying in latest edition of "OECD Insights", 27 June 2013.




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Italy and the euro area crisis: securing fiscal sustainability and financial stability

Italy’s policy of fiscal consolidation and growth-friendly structural reforms has substantially improved its economic prospects, but the adverse sentiment that the country has faced in the sovereign bond market over the past years has deep roots.




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The Competitiveness of Global Port-Cities: The Case of Danube Axis, Slovak Republic

This working paper offers an evaluation of the performance of the inland ports of the Slovak Republic within the framework of the Danube Axis, an analysis of the impact of the ports on their territory and an assessment of policies in this field. It examines port performance over the last decades and identifies the principal factors that have contributed to it.




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The Competitiveness of Global Port-Cities: The Case of Angofasta, Chile

This working paper offers an evaluation of the performance of ports of Antofagasta, an analysis of the impact of the ports on their territory and an assessment of policies in this field. It examines port performance over the last decades and identifies the principal factors that have contributed to it.




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Rural-Urban Partnerships: An Integrated Approach to Economic Development

This report provides a framework to understand the changing relationships between urban and rural areas. Specifically, it documents the characteristics of these partnerships and the factors that can hinder as well as enable rural-urban co-operation.




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Aix-Marseille at the crossroads: Overcoming fragmentation for a stronger metropolitan area

The metropolitan region of Aix-Marseille in the south of France needs to tackle its fragmentated governance if it is to return to more inclusive and sustainable economic growth, according to a new OECD report.




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Integrity and the crisis: How to earn back the trust of young people?

How can we earn back the trust of young people? Improving openness, transparency, accountability, and access to information is essential. On the occasion of the International Anti-Corruption Day and Transparency International’s 20th Anniversary, the OECD and Transparency International are inviting young people for a discussion about how to push the integrity agenda forward together.




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Illicit Financial Flows from Developing Countries: Measuring OECD Responses

Strengthening OECD firewalls can only do so much to combat a phenomenon which thrives on weak governance. This report highlights that donor agencies can support this goal through their central role in linking OECD and developing countries, and using their aid to support governments willing to tackle these issues.




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OECD Territorial Reviews: Ukraine

This review addresses the territorial dimension of a range of policy challenges in the Ukraine, including Ukraine's productivity challenge, large inter-regional disparities, and need for decentralisation.




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Taxing the rent of non-renewable resource sectors: a theoretical note

This study analyses the economic rent generated by the exploitation of a non-renewable resource, and the taxation of this rent.