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International trade and investment are key channels for closer economic integration and better material living standards. Empirical work has examined these links. Other work relates to the analysis and assessment of world trade and trade and payments relationships between the OECD and the rest of the world.
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31-Jan-2012
Using empirical evidence from panel analysis of current account dynamics and of bilateral trade balances, the paper argues that the large German current account surplus during the 2000s can be explained by an increasing gap between productivity growth in manufacturing vis-à-vis services. Such a gap is due not only to improvements in the manufacturing sector but also to a significant slowdown of productivity growth in services.
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31-Jan-2012
Despite significant increases in spending on child care and education during the last decade, PISA scores suggest that educational performance remains static, uneven and strongly related to parents’ income and background. Better educational performance could improve labour market outcomes, raise growth, lower the consequences of a disadvantaged background and increase social mobility.
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02-Jan-2012
In the 16 years since the OECD began conducting Economic Surveys of the Russian Federation, a great many policy recommendations relating to structural reform and framework conditions have been made. This paper, expanding on Annex 1.A1 in the 2011 OECD Economic Survey of the Russian Federation, provides a summary tabulation of the state of implementation of a large number of these past Survey recommendations.
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12-Dec-2011
One factor impeding competitive pressures on incumbent firms is Russia’s relatively restrictive trade and foreign investment regimes. The government should take a range of additional steps to liberalise international trade and investment.
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