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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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Japan can do more to encourage smooth transition of laid-off workers back into jobs, says OECD

Japan could help laid-off workers find a job more quickly by improving co-ordination between public employment services and companies, as well as ensuring that all workers benefit from adequate Employment Insurance (EI) benefits, according to a new OECD report.




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Canada Employed Persons

The number of employed persons in Canada decreased to 16184.90 Thousand in April of 2020 from 18178.70 Thousand in March of 2020. Employed Persons in Canada averaged 14349.90 Thousand from 1976 until 2020, reaching an all time high of 19189.40 Thousand in February of 2020 and a record low of 9636.70 Thousand in January of 1976. In Canada, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Canada Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Canada Government Debt

Government Debt in Canada increased to 685.45 CAD Billion in 2019 from 671.25 CAD Billion in 2018. Government Debt in Canada averaged 315.18 CAD Billion from 1962 until 2019, reaching an all time high of 685.45 CAD Billion in 2019 and a record low of 14.83 CAD Billion in 1962. This page provides - Canada Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Latin American Economic Outlook 2013

The Latin American Economic Outlook 2013: SME Policies for Productive Development will be launched at the Ibero-American Summit in Cadiz, Spain, on Friday 16 November. This long-standing flagship of the OECD Development Centre is co-published with the UN Economic Commission for Latin America and the Caribbean (ECLAC).




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A Bank Divided Can Stand

Financial-market complexity shouldn't lead to crisis. There is a better, simpler way: Split the banks.




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Pension Fund Investment in Infrastructure: A Comparison between Australia and Canada

At a time when many governments are looking to encourage private investment in infrastructure to bridge the infrastructure financing gap, this paper compares the experience of pension funds in Canada and Australia, looking at infrastructure policies, the pension system, investment strategies, asset allocation and governance of pension funds.




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Can pension funds and life insurance companies keep their promises?

This chapter from the 2015 OECD Business and Finance Outlook examines the potential impact of an environment of protracted low interest rates on pension systems and life insurance companies. It describes the mechanisms through which prolonged low interest rates can affect the solvency position of these institutions and uses available data to assess potential impacts.




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The transition in the Mexican pensions system to one based on individual defined contribution accounts has increased its financial sustainability

The reforms to the pensions system in Mexico, especially the introduction of a system of individual defined contribution accounts, have significantly improved the system’s financial sustainability.




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Can reforms promoting growth increase financial fragility? An empirical assessment

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.




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What do Americans know about retirement and what do they expect?

The United States’ Social Security Act of 1935 set up a social insurance programme for American workers, providing them with at least some degree of certainty about income after retirement. But, in today’s environment, to what degree do Americans feel secure about their retirement? This article looks at the results of a new survey on American’s understanding of retirement preparedness and the perceived role of Social Security.




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Can better international co-operation help build a fairer global economy?

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.




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Financial inclusion and literacy in the South American Andes

Focusing on Bolivia, Colombia, Ecuador, and Peru, Maria José Roa, a Senior Researcher at the Center for Latin American Monetary Studies, looks at how financial literacy survey results can play a role in the development of financial inclusion strategies




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Canada - Credit Rating

Standard & Poor's credit rating for Canada stands at AAA with stable outlook. Moody's credit rating for Canada was last set at Aaa with stable outlook. Fitch's credit rating for Canada was last reported at AAA with stable outlook. DBRS's credit rating for Canada is AAA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Canada thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Canada as reported by major credit rating agencies.




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Reforms can support growth and equity in Belgium, OECD says

The Belgian economy has returned to growth and continues scoring well on broader measures of well-being, but further reforms will be needed to secure fiscal sustainability while promoting employment and competitiveness, according to the latest OECD Economic Survey of Belgium 2015.




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Canada Capacity Utilization

Capacity Utilization in Canada decreased to 81.20 percent in the fourth quarter of 2019 from 81.50 percent in the third quarter of 2019. Capacity Utilization in Canada averaged 82.89 percent from 1987 until 2019, reaching an all time high of 87.30 percent in the first quarter of 1988 and a record low of 72.70 percent in the second quarter of 2009. The rates of capacity utilization are measures of the intensity with which industries use their production capacity. Capacity utilization is the percentage of actual to potential output. This page provides the latest reported value for - Canada Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Turkey Exports to Canada

Exports to Canada in Turkey increased to 91.73 USD Million in March from 65.05 USD Million in February of 2020. Exports to Canada in Turkey averaged 77.76 USD Million from 2014 until 2020, reaching an all time high of 162.41 USD Million in July of 2018 and a record low of 41.43 USD Million in January of 2017. This page includes a chart with historical data for Turkey Exports to Canada.




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Turkey Imports from Canada

Imports from Canada in Turkey increased to 109.66 USD Million in March from 55.88 USD Million in February of 2020. Imports from Canada in Turkey averaged 123.05 USD Million from 2014 until 2020, reaching an all time high of 565.84 USD Million in January of 2018 and a record low of 40.61 USD Million in September of 2015. This page includes a chart with historical data for Turkey Imports from Canada.




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Structural reforms can make the difference as countries rebound from crisis, OECD says

The pace of reform has accelerated in those OECD countries where it is needed most, says the latest Going for Growth report. It identifies the specific action needed to help governments steer their economies out of the crisis, stimulate growth and create jobs.




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

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




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Economy: Canada needs to boost innovation and human capital to sustain living standards

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.




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Economy: Canada needs to boost innovation and human capital to sustain living standards

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.




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Canada: Tertiary education: developing skills for innovation and l-t growth

The tertiary education system in Canada performs well in fostering a skilled workforce with generally good labour market outcomes and is internationally recognised for its research contributions.




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Unleashing business innovation in Canada

This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output growth. Many general framework conditions are highly favourable to business risk taking and innovation, including macro stability, openness, strong human capital, low corporate tax rates, low barriers to firm entry and flexible labour markets.




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Better civil justice systems can boost investment, competition, innovation and growth, OECD says

Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.




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Innovation, diversification and better logistics key to sustainable and inclusive growth, says latest Latin American Economic Outlook

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.




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Ambitious structural reforms can pave the return to strong and sustainable growth, OECD says

Adopting ambitious and comprehensive structural reform agendas will offer governments the best chance for a return to strong, sustainable and balanced economic growth that creates jobs and reduces inequality, according to the OECD’s latest Going for Growth report




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Norway’s success in generating inclusive growth can ensure future prosperity, OECD says

The Norwegian economy is performing well, generating inclusive growth, strong social mobility and low unemployment. But to ensure future prosperity, Norway must continue with growth-enhancing reforms while ensuring financial stability, according to the OECD’s latest Economic Survey of Norway.




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Poland can grow faster through labour market and pro-competition reforms, OECD says

Poland’s economic performance has been impressive over the past 15 years, but further reforms are now needed to put the economy firmly back on track for stronger and sustainable growth, according to the OECD’s latest Economic Survey of Poland.




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Global economy strengthening but significant risks remain, says OECD in latest Economic Outlook

The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD’s latest Economic Outlook.




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African countries need to tap global markets more effectively to strengthen their economies, says new African Economic Outlook

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.




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Canada: Sustain inclusive growth by reducing housing market risks and overcoming specific skills shortages, says OECD

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.




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Overcoming skills shortages in Canada

Skills shortages have developed in certain fields and regions in recent years. Earnings premiums for people in some professions, notably health, engineering and skilled trades have increased.




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Deconstructing Canada’s housing markets: finance, affordability and urban sprawl

House prices have increased significantly in Canada over the past decade, driving household debt and residential construction activity to historical highs.




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An exploration of the determinants of the subjective well-being of Americans during the Great Recession

This paper uses data from the American Life Panel to understand the determinants of well-being in the United States during the Great Recession. It investigates how various dimensions of subjective well-being reflected in the OECD Better Life Framework impact subjective well-being.




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Policy Brief: Green growth - Environmental policies and productivity can work together

As environmental pressures continue to rise, governments throughout the OECD area have not been sitting back. If anything, the stringency of their policy measures has been increasing on the whole, not least to combat pollution and climate change. And as the evidence shows, stringent environmental policies can be introduced without hurting overall productivity.




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Can pro-growth policies lift all boats? An analysis based on household disposable income

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.




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Norway has some good measures to combat money laundering and terrorist financing, but significant weaknesses undermine overall effectiveness, says FATF

Norway has taken some good initiatives to combat money laundering and terrorist financing, but needs to establish overarching policies and strategies, and address significant weaknesses in a number of key areas, according to a new report by the Financial Action Task Force.




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Reforms can support growth and equity in Belgium, OECD says

The Belgian economy has returned to growth and continues scoring well on broader measures of well-being, but further reforms will be needed to secure fiscal sustainability while promoting employment and competitiveness, according to the latest OECD Economic Survey of Belgium 2015.




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Ambitious reforms can create a growth path that is both strong and inclusive, OECD says

Determined and systemic action to implement a comprehensive reform agenda across a wide range of policy areas offers governments the best chance to boost weak demand, restore healthy economic growth, create jobs and ensure that the gains are broadly shared across society, according to the OECD’s latest Going for Growth report.




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Reforms can support growth and equity in Latvia, OECD says

The Latvian economy is among the fastest-growing in the euro area, but continued reforms will promote a rapid and sustainable pace of convergence with upper-income countries while limiting the risk of repeated boom-and-bust cycles, according to the OECD Economic Survey of Latvia.




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Structural reforms can help China settle into a “new normal” era of slower, but more sustainable and inclusive growth

After three decades of extraordinary economic development, China is shifting to a slower and more sustainable growth path. Further reforms are now needed to ensure that future growth is resilient, inclusive and green, according to the OECD’s latest Economic Survey of China.




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What makes Mexicans happy?

As in other countries, in Mexico income, education, health, job status and other individual characteristics are significantly associated with life satisfaction. These findings suggest that the higher average level of life satisfaction in Mexico is probably related to unobserved country characteristics.




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Sharing the fruits of growth with all Mexicans

The government has introduced major structural reforms to fight poverty, improve the quality of education, create more jobs in the formal sector and move towards a universal social security system. This is a substantial accomplishment. However, Mexico needs to build a more inclusive state.




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Africa: making growth more inclusive hinges on unlocking potential of local economies, says the African Economic Outlook 2015

With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.




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The time is now for a new Latin America-China partnership to foster mutual development strategies, says the Latin American Economic Outlook 2016

Latin America’s GDP growth slowdown deepened and is expected to be negative in 2015. For a second consecutive year, Latin America falls behind the average growth of OECD countries after a full decade of convergence with advanced economies, according to the Latin American Economic Outlook 2016.




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Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks

The Canadian economy is adjusting to the fall in commodity prices, but additional policies are needed to boost productivity, reduce financial stability risks and make future growth stronger, greener and more inclusive, according to a new OECD report.




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Boosting Canada’s productivity through greater small business dynamism

A dynamic small business sector can heighten competition and underpin productivity growth, as discussed in the 2016 OECD Economic Survey of Canada and Carey et al. (2016, forthcoming).




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Boosting productivity through greater small business dynamism in Canada

Small business dynamism is a feature of an SME sector that contributes to overall productivity growth, not an end in itself.




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Strengthening competition in network sectors and the internal market in Canada

Canada’s productivity performance has lagged that of many other OECD countries, despite some improvement in recent years.