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China’s monetary policy framework has gradually become more market-based. Going forward, it will need to place less emphasis on quantity-based liquidity controls and more on interest rate changes.
China’s population is set to age fast, owing to low fertility and rising life expectancy. With ongoing migration of the younger cohorts to urban areas the increase in the old-age dependency ratio will be more pronounced in rural than in urban areas. Very different pension arrangements exist across the country, with diverse and segmented systems in urban areas, belated retirement and low replacement ratios in rural areas, and special
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This report provides an inventory of eco-innovation policies in China. Similar reports are available on selected non-EU OECD members. They complement national roadmaps developed by EU member states under ETAP.
The rapidly developing Southeast Asia region is confronted with significant labour market challenges. This initiative aims to address the issues of employment and skills, especially through an interaction platform for members.
Society at a Glance – Asia/Pacific Edition 2009 offers a concise quantitative overview of social trends and policies across Asia-Pacific economies.
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China has made crucial progress in the field of public expenditure management in the past ten years. This article reviews the reforms in budget formulation, approval, implementation and audit. Some weaknesses remain: for example, important decisions are still made outside of the budget process; and the highly decentralised fiscal system means that achievements at the national level have not been implemented at provincial and lower
Despite progress in recent years, there is growing evidence that OECD countries are not on track to reach some of their key environmental goals. This report examines the strategies and instruments that governments use to ensure compliance with pollution prevention and control regulations.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
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This is the executive summary and Chapter 1 of the report: Regulatory Reform in China: Defining the Boundary between the Market and the State, release 7 May 2009.
This review on China takes into account the specific reform needs and challenges in China while retaining the benefits of comparing and illustrating Chinese reform challenges with OECD practices. The report focuses on the overall economic context for regulatory reform, the government’s capacity to manage regulatory reform, competition policy and enforcement, and market openness. It also examines the regulatory framework in the