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OECD Action Plan on the Sustainable Development Goals

Sound public policies grounded in evidence – and implemented effectively – will be crucial for the achievement of the 2030 Agenda for Sustainable Development. This document outlines four broad areas for future action for the OECD, highlighting what it could do more of – or do differently – to support the achievement of the Sustainable Development Goals. C/MIN(2016)6.




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Making better use of skills and migration in Poland

To continue catching up with living standards in other OECD countries Poland needs to invest in higher skills.




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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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Czech Republic needs new reforms to boost productivity and accelerate convergence with the most advanced countries

The Czech Republic needs new reforms to boost productivity, improve economic growth and accelerate convergence toward the levels of income and well-being seen in the most advanced European countries, according to a new OECD report.




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European economy is slowly recovering but legacies of the crisis remain and new challenges are emerging

The European economy is gradually recovering but further policy action will be required to address unresolved legacies of the global economic crisis that are weighing on growth and major new concerns that have emerged, according to two new OECD reports.




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The contribution of weak investment to the productivity slowdown

Concerns around weak productivity growth are everywhere these days. As the latest OECD Economic Outlook notes, since the mid-2000s, productivity growth has been markedly lower than at any other time since the 1950s.




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US economy growing steadily but key reforms needed

The US economy is making one of the strongest comebacks in the OECD, but there are risks on the horizon, according to the OECD’s latest Economic Survey of the United States.




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The UK’s heart is wobbling but there are good reasons to Remain in the Union

Membership of the European Union contributes to the economic prosperity of the United Kingdom.




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Germany’s economic performance is strong but productivity and investment need a boost

The German economy has steadily recovered from the 2008 global crisis. Thanks to past reforms, the labour market has proved strong and export performance has been impressive.




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Norway, higher education could deliver more for less

Norway’s predominately public and tuition-free tertiary education system has encouraged participation and generated high attainment rates. However, few Norwegian universities rank high in international comparisons on the basis of research related and other indicators.




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Revisiting policy options for more jobs

In many OECD countries, the labour market has yet to recover the lost ground suffered in the aftermath of the financial crisis. In some of them, unemployment has been persistently high, resulting in a very high incidence of long-term unemployment.




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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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Growing together: making Lithuania’s convergence process more inclusive

Although Lithuania’s growth has been impressive, inequality is high, the risk of poverty is one of the highest of European countries, and life expectancy is comparatively low and strongly dependent on socio-economic background.




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The effects of reform scenarios for unemployment benefits and social assistance on financial incentives to work and poverty in Lithuania

In 2015 the Lithuanian government launched an ambitious Social Model reform agenda aimed at balancing flexibility of the labour market and security provided through the system of social protection.




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Tackling the productivity paradox: The OECD Global Forum on Productivity

The nexus of slowing productivity growth and rising inequality is capturing the attention of policymakers and researchers. The productivity slowdown, its causes, and the link with inclusiveness will be discussed on 7-8 July in Lisbon at the first Annual Conference of the new Global Forum on Productivity, which was created by the OECD in collaboration with a number of Member and non-Member countries.




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Leveraging R&D and innovation policies to foster productivity in Czech Republic

Productivity catch-up along with deeper integration into the global economy played a central role in the convergence of the Czech incomes toward OECD countries before the 2008 financial crisis.




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Turkey: Challenging times call for pushing ahead with economic reform

Turkey’s economy has proven remarkably resilient in the face of a challenging global economic context. However, further action can be taken to raise productivity and advance the shift to a more balanced, sustainable and stronger growth path that will boost living standards for the entire population, according to the latest OECD Economic Survey of Turkey.




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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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Growing together: making Lithuania’s convergence process more inclusive

Although Lithuania’s growth has been impressive, inequality is high, the risk of poverty is one of the highest of European countries, and life expectancy is comparatively low and strongly dependent on socio-economic background.




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The effects of reform scenarios for unemployment benefits and social assistance on financial incentives to work and poverty in Lithuania

In 2015 the Lithuanian government launched an ambitious Social Model reform agenda aimed at balancing flexibility of the labour market and security provided through the system of social protection.




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Estimating the distributional impact of the Greek crisis (2009-2014)

This paper analyses the effects of the Greek crisis on inequality and poverty in 2009-2014 using the micro-simulation model EUROMOD.




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Priorities for completing the European Union's Single Market

To support the recovery, structural reforms that yield short-run as well as long-run gains should be prioritised.




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Costa Rica: boosting productivity to sustain income convergence

Boosting national productivity to sustain the convergence process towards OECD countries living standards will hinge on creating the right conditions for domestic firms to thrive and become more innovative and productive, while maintaining the long-standing commitment to open international markets and investment.




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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.




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OECD to help put innovation at heart of G20 global growth strategy

Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.




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OECD warns weak trade and financial distortions damage global growth prospects

Weak trade growth and financial distortions are exacerbating slow global economic growth, according to the OECD’s latest Interim Economic Outlook.




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Achieving and sharing the benefits of globalisation

Yesterday’s OECD Interim Economic Outlook warns that trade growth is slowing, contributing to another slowing of global GDP growth in 2016 and with few signs of improvement for 2017.




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Does Fiscal Decentralisation Foster Regional Convergence?

Across the OECD, GDP per capita is converging. In contrast, regional disparities – or differences in GDP per capita across jurisdictions – are rising, mainly as a result of widening productivity differences. Fiscal decentralisation could help reduce them again. According to new OECD research, assigning more ownsource revenue to sub-national governments dampens regional GDP disparities and underpins regional convergence.




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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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Raising Korea’s productivity through innovation and structural reform

Raising productivity requires addressing a wide range of policies that affect resource allocation, the creation and diffusion of technology, human capital and the creation and financing of start-ups.




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Advance warning indicators of past severe GDP per capita recessions in Turkey

The global financial crisis and its high economic and social costs have revived academic and policy interest in “early warning indicators” of crises. This paper aims to investigate the performance of vulnerability indicators as advance warning indicators of past severe GDP per capita recessions in Turkey.




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The estimation of financial conditions indices for the major OECD countries

This paper seeks to provide up to date financial conditions indices for six countries, France, Germany, Italy, Japan, the United Kingdom and the United States, as well as the euro area, updating earlier results by the OECD.




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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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OECD Secretary-General Angel Gurría presents new OECD studies with economic and social recommendations to Peruvian President Pedro Pablo Kuczynski

Economic and social reforms undertaken over the past two decades have driven Peruvian efforts to achieve sustainable economic growth and important reductions in poverty. Against a context of weak global growth, Peru will need to diversify its economy, boost skills, reinforce productivity across the labour force and unleash the potential of all regions in order to spur more inclusive national growth.




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Tax reforms, more efficient public spending and better public governance, keys to consolidating Indonesia’s strong economic progress

Indonesia has undergone an extraordinary transformation over the past two decades, benefiting from strong growth that has lifted millions out of poverty and allowed important progress in areas such as health and education. But low levels of public spending and tax revenue are undermining the quality of social services and exacerbating infrastructure gaps, according to the OECD.




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Global Forum on Environment and Economic Growth

This Global Forum, held on 24-25 October 2016, aimed to shed light on the links between environment and economic growth, and the toolkits to quantify these links. It provided a platform to explore how a well-managed natural environment can contribute to economic growth and how an effective and efficient regulatory system can best be designed?




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Funding priority spending will become increasingly challenging in Indonesia

As described in the 2016 OECD Economic Survey of Indonesia, economic growth is expected to pick up over the course of 2016 and into 2017. Despite persistently weak external conditions, confidence is returning, with inflation moderating, a stable rupiah and government investment in infrastructure gathering pace.




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Labour mobility in the European Union: a need for more recognition of foreign qualifications

Labour market mobility in the European Union is increasing, but it remains too low to provide sufficient adjustment in the face of diverging labour market developments.




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The use of models in producing OECD macroeconomic forecasts

This paper firstly describes the role of models in producing OECD global macroeconomic forecasts; secondly, reviews the OECD's forecasting track record; and finally, considers the relationship between forecast performance and models.




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The distribution of the growth dividends

Widespread increases in inequality over the past three decades have raised the question of the distribution of the growth dividends.




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The distributional impact of structural reforms

In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities.




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The distribution of the growth dividends

Widespread increases in inequality over the past three decades have raised the question of the distribution of the growth dividends.




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The distributional impact of structural reforms

In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities.




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How do product market regulations affect workers? Evidence from the network industries

Knowing who gains and loses from regulatory reform is important for understanding the political economy of reform. Using micro-level data from 26 countries, this paper studies how regulatory reform of network industries, a policy priority in many advanced economies, influences the labour market situation of workers in network industries.




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The gig economy will not abolish working 9 to 5

We have always had plumbers, electricians, and lawyers who do temporary work, and are not paid by a household when they are idle. However, do new apps such as Uber or Deliveroo mean the end of the 9 to 5 job, and do these platforms need to be regulated?




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The effect of the size and mix of public spending on growth and inequality

The effect of the size and mix of public spending on growth and inequality




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Make better use of fiscal initiatives to escape low-growth trap, OECD says in latest Global Economic Outlook

Expansionary fiscal initiatives and maintaining trade openness are needed to push the global economy out of today’s low-growth trap, according to the OECD’s latest Global Economic Outlook.




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Effects of flexibility-enhancing reforms on employment transitions

Do flexibility-enhancing reforms imply more employment instability? Using individual-level data from harmonised household surveys for 26 advanced countries, this paper analyses the effects of product and labour market reforms on transitions in and out of employment.




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Enhancing Economic Flexibility: What Is in It for Workers?

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.




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Consumer Prices, OECD - Updated: 6 December 2016

OECD annual inflation picks up to 1.4% in October 2016, driven by energy prices