an

Making economic growth more socially inclusive in Germany

While past labour market reforms have been successful in terms of employment, the relative poverty risk and income inequality have remained broadly unchanged in recent years.




an

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.




an

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.




an

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.




an

Mr. Angel Gurría, Secretary-General of the OECD, in Mexico from 6 to 9 January 2015

Mr. Angel Gurría, Secretary-General of the OECD, was in Mexico from 6 to 9 January 2015 on an official visit, to present the OECD 2015 Economic Survey of Mexico alongside Mr. Luis Videgaray, Minister of Finance of Mexico.




an

Mexico has a unique opportunity to boost growth and share prosperity more widely, according to the OECD

Mexico now has the chance to dramatically boost growth rates and resume convergence of its living standards towards those of advanced economies, reduce pervasive labour market informality and drive down high rates of poverty and income inequality.




an

Improving health outcomes and health care in India

With India’s low life expectancy largely reflecting deaths from preventable diseases, the most significant gains in health would come from population-wide preventive measures.




an

Challenges and opportunities of India’s manufacturing sector

Stronger manufacturing would increase productivity and make growth more inclusive, while contributing to improved current account balance. In particular, India should aim for more formal jobs, as these tend to be the most secure and of highest productivity.




an

Building on rural sector is key for economic modernisation in Myanmar, says OECD

Improving Myanmar's agricultural sector by building up food processing activities and related services could help the transformation of the country's economy, to a more modern one able to produce higher-value goods for export, according to a new OECD report.




an

Colombia needs a comprehensive tax reform to boost investment and diversify the economy, OECD says

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.




an

Escaping the Stagnation Trap: Policy Options for the Euro Area and Japan

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.




an

OECD bolsters relationship with Kazakhstan – Signs Kazakhstan Country Programme Agreement

The OECD and the Government of Kazakhstan are signing today in Davos a Memorandum of Understanding on a two-year Country Programme, which will support an ambitious set of reforms of Kazakhstan’s policies and institutions.




an

Mr. Angel Gurría, OECD Secretary-General, on Official visit in Estonia, 28 January 2015

The Secretary-General of the OECD was in Tallinn on 28 January to launch the Economic Survey of Estonia 2015.




an

Reforms needed to boost productivity and accelerate convergence in Estonia, OECD says

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.




an

Green Growth Knowledge Platform (GGKP) 2015 Annual Conference

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.




an

Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on 4th February 2015

Mr Gurría presented the 2015 OECD Economic Survey of Belgium alongside Mr. Charles Michel, Prime Minister of Belgium.




an

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.




an

Mr. Angel Gurría, Secretary-General of the OECD, in Istanbul, 9-10 February 2015

Mr. Angel Gurría, Secretary-General of the OECD, was in Istanbul on 9-10 February 2015 to attend the G20 Finance Ministers and Central Bank Governors meeting.




an

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.




an

Mr. Angel Gurría, Secretary-General of the OECD, in Athens on 10-11 February 2015

Mr. Angel Gurría, Secretary-General of the OECD, was in Athens on 10-11 February 2015 on an official visit to Greece.




an

G20: Remarks for Session 2 - Framework for Strong, Sustainable and Balanced Growth

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!




an

A constant market share analysis of Spanish goods exports

As other high-income countries, Spain has experienced competitive pressures from China and other emerging economies that have resulted in a loss of global market share.




an

Italy: Reforms open new prospects for growth and jobs – OECD

Changes to Italy’s political and institutional systems are crucial to ensuring the success of ambitious reforms currently underway to boost economic growth and raise living standards, according to a new OECD report.




an

Italia: Le riforme assicurano nuove prospettive per rilanciare la crescita e l’occupazione – OCSE

Cambiare il quadro politico-istituzionale in Italia è fondamentale per garantire che le ambiziose riforme in corso rilancino la crescita e aumentino la qualità della vita, secondo un nuovo rapporto dell’OCSE.




an

Mr. Angel Gurría, Secretary-General of the OECD, in London on 23-24 February 2015

Mr. Angel Gurría, OECD Secretary-General, was in London on 23-24 February to present the 2015 OECD Economic Survey of the United Kingdom, alongside Mr. George Osborne, Chancellor of the Exchequer.




an

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.




an

Boosting growth and reducing informality in Mexico

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.




an

Boosting productivity in Russia: skills, education and innovation

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.




an

Youth employment and regional development must rank as top priorities in Tunisia to secure stability and prosperity

Tunisia has made great strides since 2011 towards greater inclusivity and fairness in its political system, based on the rule of law, transparency and good governance.




an

The changing role of the exchange rate for macroeconomic adjustment

Recent episodes of large exchange rate movements, such as for Japan or the United Kingdom, have typically not been associated with large changes in trade balances and despite the polarisation of international investment positions large currency fluctuations during the global crisis of 2008-09 did not cause significant financial dislocations.




an

Determinants of female entrepreneurship in India

This paper examines the nature and determinants of female entrepreneurship in India based on survey data. The first part assesses basic characteristics of female entrepreneurship in India, while the subsequent sections analyse key determinants of female entrepreneurship based on the literature, and test their importance at the state level in India with the support of regressions on panel-data.




an

Low oil prices and monetary easing triggering modest acceleration of global recovery

Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.




an

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.




an

Indonesia should accelerate reforms and invest in human capital to ensure sustainable and inclusive growth

The Indonesian economy has enjoyed strong and stable growth over the past decade and a half, leading to impressive reductions in poverty and major improvements in living standards. But challenges remain to continue to converge towards higher-income countries, according to the latest OECD Economic Survey of Indonesia.




an

Luxembourg must diversify its economy and maintain a strong and resilient financial sector

Luxembourg weathered the global economic crisis well, but must take additional steps to foster the diversification of the economy while ensuring the continuing health of its financial sector, according to the latest OECD Economic Survey of Luxembourg.




an

Swedish economy resilient but needs to focus on productivity and human capital to keep its edge

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.




an

Action is needed to secure future livelihoods in developed and emerging economies, says the OECD Development Centre

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.




an

France must continue its reform process to boost growth and jobs

France has begun implementing a series of important pro-growth structural policy measures, but boosting medium-term growth will require more ambitious action to reform the labour market, curb high levels of public spending and taxation and create jobs, according to the latest OECD Economic Survey of France.




an

Why implicit bank debt guarantees matter: Some empirical evidence

What are the economic effects of implicit bank debt guarantees and who ultimately benefits? This report sheds light on these questions




an

Structural reforms and income distribution

Structural reforms and income distribution




an

Determinants of tertiary graduations

Based on the OECD 50-year scenarios for per capita incomes and earning inequalities, the estimated model is used to generate future scenarios of demand for tertiary education, pointing to increases between 30 and 60 per cent across OECD countries over the coming 50 years.




an

Improving transport infrastructure in Russia

Russia faces very large challenges in modernising its large transport system. Promoting competition in the transport sector is essential, in particular by effectively opening the railway freight market to independent operators.




an

Raising the potential of the domestically oriented sector in Germany

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.




an

Improving the labour market integration of immigrants in Belgium

Improving the labour market performance of immigrants requires a two-fold strategy. First, policies specific to migrants need to be enhanced. Second, general reforms to improve the functioning of the economy, desirable in any case, could also have a significant positive impact on immigrants.




an

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.




an

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.




an

The 2013 update of the OECD’s database on product market regulation – policy insights for OECD and non-OECD countries

This paper investigates patterns in product market regulation across 34 OECD and 21 non-OECD countries, using an updated and revised version of the OECD’s indicators of product market regulation (PMR).




an

Abenomics’ ‘third arrow’ key to revitalising Japan’s economy

The Japanese economy is on a path to stronger growth, but fundamental structural reforms are urgently needed to promote a more robust recovery, address high levels of government debt and reverse a trend toward declining living standards, according to the latest OECD Economic Survey of Japan.




an

The opportunities and challenges of greener growth: Getting the whole policy package right

Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left unchecked, climate change is projected to decrease global GDP by 0.7 to 2.5 % by 2060. At the same time, the costs to society of air pollution already appear substantial–equivalent to some 4% of GDP across OECD countries and even higher in some rapidly developing economies.




an

SMEs and entrepreneurs need to diversify their funding amid continued credit constraints

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.