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This paper uses panel regression techniques to assess the policy determinants of private sector innovative Activity – proxied by R&D expenditure and the number of new patents – across 19 OECD countries. The relationship between innovation indicators and multifactor productivity (MFP) growth is also examined with a particular focus on the role of public policies in influencing the returns to new knowledge.
The new government has set an ambitious course of economic and social reforms. Much progress has already been made. Yet productivity remains insufficient and more needs to be done to strengthen institutions.
After the crisis, Belgium needs to reduce public debt and secure fiscal sustainability via reforms to increase the internationally low effective retirement age, boost cost-efficiency in healthcare, and better utilise transport infrastructures.
English, PDF, 557kb
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.
L'Italia ha compiuto notevoli progressi rafforzando le finanze pubbliche e adottando una vasta serie di riforme destinate ad incoraggiare la crescita economica. Secondo un nuovo rapporto dell'OCSE, il nuovo Governo deve garantire il rafforzamento di tali progressi e il perseguimento della medesima strada.
L'Italia ha compiuto notevoli progressi rafforzando le finanze pubbliche e adottando una vasta serie di riforme destinate ad incoraggiare la crescita economica. Il nuovo Governo deve garantire il rafforzamento di tali progressi e il perseguimento della medesima strada, secondo Angel Gurría.
English, PDF, 132kb
João Tovar Jalles - Curriculum Vitae
Italy took courageous decisions and engaged reforms to address the crisis and create the necessary conditions to ensure economic recovery. The economic situation remains fragile but you are making visible progress and it is crucial to maintain the reform momentum, said OECd Secretary-General.
Italy has made considerable progress in strengthening its public finances and adopting wide-ranging reforms to boost economic growth. The new government must build on past achievements and ensure that they are sustained and reinforced, says a new OECD report.
The OECD’s latest economic survey of Italy, to be published on Thursday 2 May 2013, looks at the challenges facing the new government and at the steps which need to be taken to strengthen public finances, boost growth and reduce unemployment.