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

This paper explores cross-country differences in the design of insolvency regimes and their potential links with two inter-related sources of labour productivity weakness: the survival of "zombie" firms (firms that would typically exit in a competitive market) and capital misallocation.

Private consumption and investment main drivers of slowdown in OECD GDP growth in first quarter of 2017

International cooperation is now more critical than ever, OECD Secretary-General Angel Gurría said following a G20 Leader’s Summit marked both by controversy but also advances on a range of policies to tackle global challenges.

Austria’s transition to a digital economy and society is progressing but is slower than in the most advanced economies. A whole-of-government approach should help embrace change and facilitate the flourishing of innovative businesses, work practices and lifestyles throughout Austria.

The South African economy has registered tremendous progress over the past two decades, boosting living standards and lifting millions out of poverty nationwide.

Argentina is making progress in its path to advance its growth agenda. The first OECD Multi-dimensional Economic Survey of Argentina underlines the achievements to date of the government’s recent and comprehensive programme of macroeconomic and structural reforms.

This paper presents the global income distribution between all individuals living in the developed world.

Despite improvements over the past few decades, Slovak health outcomes remains poor compared with most other OECD countries, even after controlling for differences in per capita income and other social, cultural and lifestyle factors.

After several years of subdued growth, economic output accelerated in 2016 supported by a tax reform that entered into force in 2015-16, and more recently a pick-up in international trade.

OECD GDP growth accelerates to 0.7% in second quarter of 2017

Não obstante o progresso significativo conseguido, melhorar as competências e as qualificações continua a ser um dos principais desafios que Portugal enfrenta para aumentar o crescimento, os níveis de vida e o bem-estar.

This paper provides an overview of labour market resilience in the wake of the Great Recession of 2008-09 and the role played by macroeconomic and structural policies.

Employment and hours worked are already at the highest since independence. The unemployment rate has fallen below historical norms. Nevertheless, more qualified people are needed.

With persisting slower growth worldwide and in China, over-capacity in some heavy industry sectors, declining profitability, and intensifying competition from other, lower-cost emerging economies, corporate behaviour in China needs to change and focus more on efficiency and sustainability.

Living standards in China have greatly improved over the past few decades. Both sustained economic growth and an expansion of the social security system have contributed to a sharp reduction in the number of people in poverty.

G20 GDP growth accelerates to 0.9% in second quarter of 2017

The French economy is expanding, the labour market is recovering – albeit gradually - while productivity and the standard of living remain generally high, according to a new OECD report.

Successful implementation of economic reforms has boosted the Latvian economy, leading to strong growth, rising wages and solid public finances. Further policy action is now needed to accelerate productivity growth, create jobs, drive down poverty, improve living standards and ensure that everyone benefits from more inclusive growth, according to a new report from the OECD.

Estonia: Policy action is needed for stronger and more inclusive growth

The Slovak Republic continues to exhibit robust economic performance. International competitiveness is strong, fiscal and financial policies are prudent, poverty and income inequality are low, and the country’s environmental footprint has improved markedly. Employment is rising, prices have been stable, and the external account is near balance.

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.

The world economy has picked up momentum, as expanding investment, employment and trade support synchronised growth across most countries, according to the OECD’s latest Interim Economic Outlook.

Economic growth is strengthening in France, supported by consumption and investment, and the labour market is gradually recovering, as past reductions of comparatively high labour and business taxes are starting to take effect. However, GDP and employment growth are still lagging relative to the euro-area average.

Estonian growth is picking up again strongly in 2017 and the level of activity has finally surpassed its pre-crisis level, almost 10 years after the outset of the financial crisis. However, poverty remains among the highest in the OECD.

Financial inclusion and women entrepreneurship concern policymakers because of their impact on job creation, economic growth and women empowerment.

Never in the past 30 years has productivity growth been lower than since the 2008 global financial crisis, and never has income inequality been higher than it is today in Japan, and in the OECD area

With gross government debt of 219% of GDP in 2016, Japan’s fiscal situation is in uncharted territory and puts the economy at risk.

This paper estimates urban and rural poverty rates across five Chinese administrative regions (Shanghai, Liaoning, Guangdong, Henan and Gansu) in 2014 using representative household level data from the China Family Panel Studies survey.

Luxembourg’s workforce is highly skilled, reflecting the concentration in the country of sophisticated firms in the financial sector and other top-end international services.

Luxembourg’s large foreign-born population is a pillar of the country’s prosperity: they have brought skills and knowledge to many sectors of the economy.

A key priority in China’s "new normal" period -- where returns on investment are slackening -- is corporate governance, which could lead to enhanced productivity by a better management of resources at the firm level.

While overall poverty is relatively low in France, it can be highly concentrated at the neighbourhood level.

The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.

Over the past decade, sound macroeconomic policies and an improved business environment have helped generate relatively strong GDP growth.

The peace agreement will boost economic growth, but to share it fairly Colombia must also achieve better educational outcomes and bring more people into the more productive formal economy.

Ahead of the referendum on Brexit, the OECD was anticipating a significant decrease in economic growth if the decision to leave the EU were taken (Kierzenkowski et al., 2016). As the UK economy has started to slow down, OECD projections remain remarkably valid so far.

The Swiss economy has shown considerable resilience to shocks, but economic growth remains slow, and per capita income levels still hover at levels attained before the global economic crisis. Further reforms are needed to restore productivity growth, boost incomes and ensure that today’s high living standards and levels of well-being are passed on to future generations, according to a new report from the OECD.

Building on a large volume of cross-country research, the OECD project on “Exit Policies and Productivity Growth” presents new evidence on policies affecting the exit and restructuring of weak firm and the channels through which they shape aggregate productivity growth.

OECD GDP growth slows to 0.6% in third quarter of 2017

The database contains indicators capturing structural policies (including institutions, framework condition policies and policies specifically related to labour markets and drivers of productivity and investment such as trade, skills and innovation).

Austria’s transition to a digital economy and society is slower than in other high-income small open European economies.

Digitalisation is one of the megatrends affecting societies and labour markets, alongside demographic change and globalisation.

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.

Estonia is highly integrated into the global trade system: it exports approximately 80% of GDP and around half of domestic employment is sustained by foreign demand.

Assuming that immigrants select destinations according to absolute returns to their observable and unobservable human capital, I present a human capital model of migration accounting for taxes, transfers and limited portability of skills.

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

The paper describes the fiscal framework used in long-term economic scenarios, with some emphasis on revisions made since the 2013 vintage of the long-term model.

This paper analyses for 34 OECD countries the extent to which the calculation of aggregate multi-factor productivity (MFP) is sensitive to alternative parameterisations.

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