b Policy Brief: Green growth - Environmental policies and productivity can work together By www.oecd.org Published On :: Thu, 11 Dec 2014 09:00:00 GMT 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. Full Article
b Can pro-growth policies lift all boats? An analysis based on household disposable income By dx.doi.org Published On :: Fri, 12 Dec 2014 09:00:00 GMT 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. Full Article
b Norway has some good measures to combat money laundering and terrorist financing, but significant weaknesses undermine overall effectiveness, says FATF By www.oecd.org Published On :: Thu, 18 Dec 2014 13:25:00 GMT 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. Full Article
b Implicit regulatory barriers in the EU Single Market: new empirical evidence from gravity models By dx.doi.org Published On :: Tue, 06 Jan 2015 09:53:00 GMT Beyond usual determinants of trade such as GDP, distance, contiguity, free trade areas and language, this analysis mainly focuses on the role of product market regulation stringency and heterogeneity, and on the role of employment protection. Full Article
b Mexico has a unique opportunity to boost growth and share prosperity more widely, according to the OECD By www.oecd.org Published On :: Thu, 08 Jan 2015 17:33:00 GMT 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. Full Article
b Building on rural sector is key for economic modernisation in Myanmar, says OECD By www.oecd.org Published On :: Wed, 14 Jan 2015 08:00:00 GMT 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. Full Article
b Colombia needs a comprehensive tax reform to boost investment and diversify the economy, OECD says By www.oecd.org Published On :: Wed, 14 Jan 2015 17:18:00 GMT 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. Full Article
b OECD bolsters relationship with Kazakhstan – Signs Kazakhstan Country Programme Agreement By www.oecd.org Published On :: Thu, 22 Jan 2015 11:31:00 GMT 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. Full Article
b Reforms needed to boost productivity and accelerate convergence in Estonia, OECD says By www.oecd.org Published On :: Wed, 28 Jan 2015 14:15:00 GMT 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. Full Article
b Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on 4th February 2015 By www.oecd.org Published On :: Wed, 04 Feb 2015 08:00:00 GMT Mr Gurría presented the 2015 OECD Economic Survey of Belgium alongside Mr. Charles Michel, Prime Minister of Belgium. Full Article
b Reforms can support growth and equity in Belgium, OECD says By www.oecd.org Published On :: Wed, 04 Feb 2015 11:00:00 GMT 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. Full Article
b Mr. Angel Gurría, Secretary-General of the OECD, in Istanbul, 9-10 February 2015 By www.oecd.org Published On :: Mon, 09 Feb 2015 08:00:00 GMT 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. Full Article
b Ambitious reforms can create a growth path that is both strong and inclusive, OECD says By www.oecd.org Published On :: Mon, 09 Feb 2015 10:00:00 GMT 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. Full Article
b Mr. Angel Gurría, Secretary-General of the OECD, in Athens on 10-11 February 2015 By www.oecd.org Published On :: Tue, 10 Feb 2015 09:10:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, was in Athens on 10-11 February 2015 on an official visit to Greece. Full Article
b G20: Remarks for Session 2 - Framework for Strong, Sustainable and Balanced Growth By www.oecd.org Published On :: Tue, 10 Feb 2015 09:49:00 GMT 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! Full Article
b Italy: Reforms open new prospects for growth and jobs – OECD By www.oecd.org Published On :: Thu, 19 Feb 2015 10:30:00 GMT 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. Full Article
b Mr. Angel Gurría, Secretary-General of the OECD, in London on 23-24 February 2015 By www.oecd.org Published On :: Thu, 19 Feb 2015 16:40:00 GMT 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. Full Article
b The UK economy is doing well, but the job is not yet finished. Unleashing productivity is key to sustaining strong growth, says OECD By www.oecd.org Published On :: Tue, 24 Feb 2015 11:00:00 GMT The United Kingdom’s economy is projected to expand this year and next, but challenges remain to boost productivity and make future growth more inclusive, according to the OECD’s latest Economic Survey. Full Article
b Boosting growth and reducing informality in Mexico By dx.doi.org Published On :: Fri, 06 Mar 2015 09:00:00 GMT 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. Full Article
b Boosting productivity in Russia: skills, education and innovation By dx.doi.org Published On :: Fri, 06 Mar 2015 09:00:00 GMT 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. Full Article
b Youth employment and regional development must rank as top priorities in Tunisia to secure stability and prosperity By www.oecd.org Published On :: Tue, 10 Mar 2015 10:00:00 GMT 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. Full Article
b Low oil prices and monetary easing triggering modest acceleration of global recovery By www.oecd.org Published On :: Wed, 18 Mar 2015 11:00:00 GMT 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. Full Article
b Structural reforms can help China settle into a “new normal” era of slower, but more sustainable and inclusive growth By www.oecd.org Published On :: Fri, 20 Mar 2015 06:00:00 GMT 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. Full Article
b Indonesia should accelerate reforms and invest in human capital to ensure sustainable and inclusive growth By www.oecd.org Published On :: Wed, 25 Mar 2015 04:00:00 GMT 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. Full Article
b Luxembourg must diversify its economy and maintain a strong and resilient financial sector By www.oecd.org Published On :: Fri, 27 Mar 2015 14:00:00 GMT 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. Full Article
b Swedish economy resilient but needs to focus on productivity and human capital to keep its edge By www.oecd.org Published On :: Mon, 30 Mar 2015 11:51:00 GMT 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. Full Article
b Colombia: Supporting the development of local innovation systems – Policy review By www.oecd.org Published On :: Wed, 01 Apr 2015 13:56:00 GMT The project provided recommendations to the city of Medellin and Antioquia to support the development of the local economy and includes a focus on how the innovative environment can be strengthened to support inclusion, entrepreneurship, SME, and local developmentto and how to better coordinate and integrate its policies with the national level. Full Article
b France must continue its reform process to boost growth and jobs By www.oecd.org Published On :: Thu, 02 Apr 2015 16:00:00 GMT 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. Full Article
b Why implicit bank debt guarantees matter: Some empirical evidence By www.oecd.org Published On :: Tue, 07 Apr 2015 00:37:00 GMT What are the economic effects of implicit bank debt guarantees and who ultimately benefits? This report sheds light on these questions Full Article
b Structural reforms and income distribution By www.oecd.org Published On :: Tue, 07 Apr 2015 16:13:00 GMT Structural reforms and income distribution Full Article
b Improving the labour market integration of immigrants in Belgium By dx.doi.org Published On :: Wed, 08 Apr 2015 13:01:00 GMT 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. Full Article
b The 2013 update of the OECD’s database on product market regulation – policy insights for OECD and non-OECD countries By dx.doi.org Published On :: Wed, 08 Apr 2015 14:57:00 GMT 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). Full Article
b Effects of economic policies on microeconomic stability By dx.doi.org Published On :: Wed, 08 Apr 2015 15:01:00 GMT This paper shows that household-level economic instability is only very loosely related to macroeconomic volatility. However, the analysis also uncovers that moving to highly competitive policies generally reduces micro-level instability. Full Article
b Abenomics’ ‘third arrow’ key to revitalising Japan’s economy By www.oecd.org Published On :: Wed, 15 Apr 2015 00:00:00 GMT 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. Full Article
b Addressing Growing Inequality through Inclusive Growth: Insights for the US and Beyond By www.oecd.org Published On :: Fri, 17 Apr 2015 22:49:00 GMT In his speech delivered at the Brookings Institute, OECD Secretary-General Gurría explains that OECD’s numbers tell a clear-cut story of how our traditional economic growth agenda has neglected inclusiveness. Yet to begin to tackle this problem, we have to understand that inequality is not just about money. It touches every area of people’s lives. Full Article
b Strengthening skill use and school-to-work transitions in the Czech Republic By dx.doi.org Published On :: Tue, 21 Apr 2015 16:21:00 GMT The education system has reacted slowly to changes in labour market needs, leading to an increasing number of school leavers without sufficient qualification. In addition, declining PISA scores and a rising share of low achievers are raising concerns about the quality of the future labour force. Full Article
b Determinants of the low female labour force participation in India By dx.doi.org Published On :: Wed, 29 Apr 2015 16:26:00 GMT The low and declining female labour force participation rate in India despite strong growth over the past decade is puzzling and stands out among emerging markets. At the same time greater economic participation of women can be a source of inclusive growth, and wellbeing. Full Article
b Spurring growth in lagging regions in the Slovak Republic By olisweb.oecd.org Published On :: Thu, 30 Apr 2015 10:43:00 GMT Regional inequality in Slovakia is among the highest in the OECD and is increasing. The main reason for regional disparity is the combination of low economic growth and job creation in the eastern and central part of the country and insufficient labour mobility to the west, in particular by low-skilled workers. Full Article
b Maintaining an efficient and equitable housing market in Belgium By dx.doi.org Published On :: Thu, 30 Apr 2015 16:33:00 GMT Housing conditions in Belgium are among the best in OECD countries according to the Better Life Index, as dwellings are of high quality and large, and housing costs are average. Full Article
b Labour market mismatch and labour productivity: evidence from PIAAC data By dx.doi.org Published On :: Thu, 30 Apr 2015 17:35:00 GMT This paper explores the link between skill and qualification mismatch and labour productivity using cross-country industry data for 19 OECD countries. Full Article
b Skill mismatch and public policy in OECD countries By dx.doi.org Published On :: Thu, 30 Apr 2015 17:50:00 GMT This paper explores the relationship between skill mismatch and public policies using micro data for 22 OECD countries from the recent OECD Survey of Adult Skills (PIAAC). Full Article
b Agricultural reforms and bridging the gap for rural China By dx.doi.org Published On :: Wed, 27 May 2015 17:21:00 GMT Urbanisation will continue in China, with the government planning to grant urban residential status to an additional 100 million rural workers by 2020. For those who remain in rural areas, improved social welfare systems and investment in health services are critical. Full Article
b Recent trends in productivity in China – shift-share analysis of labour productivity growth and the evolution of the productivity gap By dx.doi.org Published On :: Wed, 27 May 2015 18:12:00 GMT This paper first decomposes labour productivity growth over 2000-11 into a within-industry, a shift and a cross effect in a number of countries and compares China with other countries over this period. This shift-share analysis also allows a comparison of within-sector productivity gains across a large number of sectors and countries. Full Article
b What impedes household investment in energy efficiency and renewable energy? By dx.doi.org Published On :: Wed, 27 May 2015 18:20:00 GMT This paper reviews different explanations for apparent underinvestment in energy efficiency that have been put forward in the literature. It also provides new evidence regarding barriers to investment in energy efficiency based on the OECD Survey on Household Environmental Behaviour and Attitudes. Full Article
b Reforming the pension system to increase coverage and equity in Colombia By dx.doi.org Published On :: Fri, 29 May 2015 10:30:00 GMT Colombia is one of the most unequal countries in Latin America. The high level of informality in the labour market and many characteristics of the pension system leave many elderly in poverty. Only formal-sector employees earning more than the relatively high minimum wage are covered. Full Article
b Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment By dx.doi.org Published On :: Fri, 29 May 2015 13:02:00 GMT This paper compares two competing empirical specifications across all OECD economies, where competing specifications correspond to the 'former' and 'new' specification for deriving measures of the unemployment gap which underlie the OECD’s Economic Outlook projections. Full Article
b Skills and labour market performance in Sweden By dx.doi.org Published On :: Fri, 29 May 2015 15:01:00 GMT Both educational attainment and skills, as measured in the OECD Survey of Adult Skills (PIAAC), are high in Sweden. They are not perfect substitutes, but both are to some degree necessary for successfully integrating in the Swedish labour market. Full Article
b Strengthening investment key to improving world economy’s B-minus grade, says OECD By www.oecd.org Published On :: Wed, 03 Jun 2015 16:38:00 GMT Global growth will gradually strengthen towards its pre-crisis trend rate by late 2016 as activity becomes more evenly shared across the major economies and overall external imbalances are less marked than in the run-up to 2007, according to the OECD’s latest Economic Outlook. Full Article
b OECD Ministers launch new framework to boost sustainable investment By www.oecd.org Published On :: Thu, 04 Jun 2015 09:55:00 GMT OECD Ministers have endorsed updated guidelines to help national governments and regional groups create the right conditions to attract domestic and foreign investment. Full Article
b New Zealand economy performing well, but sustaining high levels of growth and well-being will require further reforms By www.oecd.org Published On :: Tue, 09 Jun 2015 20:00:00 GMT The New Zealand economy has performed well in recent years, but bottlenecks in housing and urban infrastructure, inequalities in living standards and rising environmental pressures all pose challenges for sustaining robust growth and high levels of well-being over the long term, according to the OECD’s latest Economic Survey of New Zealand. Full Article