There are many open questions about what are the key issues facing policymakers, and how they should balance both immediate and longer-term objectives. This blog is an opportunity to debate these topics!
The slowdown in productivity over the past decade has added to concerns about the long-term economic outlook. But new OECD research shows that policy reforms can revive the diffusion of innovation and make better use of human talent to clear the path for higher productivity growth.
The magnitude of the recent crisis calls for revisiting policy approaches and building a new policy agenda for stronger, more resilient, inclusive and sustainable growth. New Approaches to Economic Challenges (NAEC) is a comprehensive organisation-wide reflection process to renew and strengthen the OECD’s analytical frameworks, policy instruments and tools.
Developments in income inequality have not been uniform across countries. In fact, between the mid-1990s and the late 2000s, OECD countries experienced “inequality convergence”: inequality in household disposable income has tended to fall in the most unequal countries and to rise in the most equal ones.
Environmental policies address wellbeing and sustainability objectives, affecting firm and household behaviour. A newly developed OECD indicator (EPS) shows that environmental policies have become more stringent over the past two decades.