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The OECD analyses and assesses a wide range of policy areas that have the potential to improve economic performance. The Country Studies Branch of the Economics Department carries out economic monitoring of countries outside the OECD.
Bookmark this page: www.oecd.org/eco/surveys/nonmembers.
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17-Apr-2008
While Chile’s tax system is not particularly burdensome to business formality, there is scope for making product-market regulations less onerous to firms and the labour code more flexible, especially with regards to indefinite contracts and the allocation of working time. Low human capital remains an important obstacle to reducing labour informality. To the extent that informal businesses also hire informally, there is some room for designing policies to tackle business informality in conjunction with those aimed at boosting formal labour contracting.
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21-Apr-2008
Chile’s labour force participation is low by comparison with most countries in the OECD area, especially among females and youths. In the case of women, labour supply has risen steadily over time for prime age and older individuals, against a background of relative stability for men.
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21-Apr-2008
Compliance with the structural budget surplus rule, which has been in place since 2001, has allowed the government to maintain a counter cyclical fiscal stance in an environment of rising copper prices, while delivering a gradual reduction in public indebtedness. Monetary policy is conducted within a framework that combines inflation targeting with exchange rate flexibility. This paper relates to the 2007 Economic Survey of Chile (www.oecd.org/eco/surveys/chile).
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01-Apr-2008
This paper uses the OECD’s indicators of product market regulation to assess the extent to which the regulatory environment affects economic performance across Indian states. The degree to which product market regulation is supportive of competition is found to vary considerably across states. Furthermore, regression results indicate that these differences in regulation have a significant impact on both labour and total factor productivity.
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01-Apr-2008
Competition in product markets has been found to be an important determinant of economic performance in developed and developing countries. This paper uses the OECD’s indicators of product market regulation (PMR) to assess the extent to which India’s regulatory environment is supportive of competition in markets for goods and services. The results indicate that although liberalisation has improved the regulatory environment to international best practices in a few areas, the overall stance of product market regulation is still relatively restrictive.
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