Luis Videgaray, Mexico’s Minister of Finance and Angel Gurría, OECD Secretary-General will co-host this event in Mexico City on 6-7 July 2015, with a welcoming by the President of Mexico. Participants will share their views on the key factors that will influence future productivity growth and the creation of an OECD Productivity Network.
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This series of Working Papers is designed to make available, to a wider readership, selected studies which the Department has prepared for use within OECD. Authorship is generally collective, but main individual authors are named.
Finance is a vital ingredient of economic growth, but there can be too much of it. Over the past 50 years, credit by banks and other institutions to households and businesses has grown three times as fast as economic activity. At these levels, further expansion is likely to slow long-term growth and raise inequality.
The slowdown in productivity growth over the past decade underscores the idea that as economies converge toward the global technological frontier, the ability to capitalise on new innovations developed at frontier becomes more important.
The next NERO/OECD meeting takes place on 22 June 2015. NERO is a network of National Economic Research Organisations which exchanges information, discusses evolving research agendas and identifies new issues. The OECD acts as a facilitator in this process, and hosts meetings of NERO representatives.
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Statistical Annex tables in Excel format from OECD Economic Outlook. This file includes tables on quarterly demand and output projections; quarterly price, cost and unemployment projections; contributions to changes in real GDP in OECD countries; household wealth and indebtedness; central government financial balances;Maastricht definition of general government gross public debt; and monetary and credit aggregates: recent trends.
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Statistical Annex tables in Excel format from OECD Economic Outlook. These tables cover export volumes of goods and services, import volumes of goods and services, export prices of goods and services, import prices of goods and services, competitive positions: relative consumer prices, competitive positions: relative unit labour costs, export performance for total goods and services, shares in world exports and imports, geographic
English, Excel, 178kb
Statistical Annex tables in Excel format from OECD Economic Outlook. This file includes tables on employment rates, participation rates and labour force; potential GDP, employment and capital stock; and structural unemployment, wage shares and unit labor costs.
English, Excel, 716kb
Statistical Annex tables in Excel format from OECD Economic Outlook. These tables cover real GDP, nominal GDP, real private consumption expenditure, real public consumption expenditure, real total gross fixed capital formation, real gross private non-residential fixed capital formation, and real gross private residential fixed capital formation, real total domestic demand, Foreign balance contributions to changes in real GDP, and
Global growth improving, but still moderate – the B- world economy could do better. Policies to reach an "A" economy.