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25-March-2013

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Stepping up the pace of reform and fostering greener and more inclusive growth in China

China’s new leadership has signalled that it is time to step up the pace of reform, building on the remarkable economic and social achievements to date while recognising the pressing need for deep structural changes. Indeed, far-reaching reforms are necessary for continuing to raise living standards and well-being, even as China is poised to become the world’s largest economy by around 2016.

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21-March-2013

English

System of unit labour cost, OECD - Updated: March 2013

Growth in Unit labour costs (ULCs) in the OECD area accelerated to 0.6% in the fourth quarter of 2012, compared to 0.2% in the third quarter. Overall, growth in labour compensation per unit of labour input slowed marginally (to 0.3% compared to 0.4% in the third quarter). But this was more than offset by a significant slowdown in labour productivity (minus 0.3% compared to plus 0.2% in the previous quarter).

21-March-2013

Chinese

经合组织称加快改革进程必将促进中国经济增长更加包容更加绿色

经合组织最新一期的《中国经济调查》指出,尽管中国在实现包容性增长方面成效显著,但为确保第四个十年更快地向更高生活水平靠拢,并使经济更加“绿色”,中国仍需采取重大措施深入改革。

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19-March-2013

English

France must do more to boost competitiveness and create jobs

France has avoided the most severe impacts of the global economic crisis and turmoil in the euro area, but must now take action to boost competitiveness and create jobs, according to the OECD’s latest Economic Survey of France.

14-March-2013

English

Strengthening social cohesion in Luxembourg: making efficiency and equity go hand in hand

Luxembourg is a rich and fast-growing country. However, inequality of disposable incomes has trended up modestly over the past decades and relative poverty has risen reflecting mainly the rapid growth of high incomes.

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14-March-2013

English

Work incentives and Universal Credit – reform of the benefit system in the United Kingdom

Under the Universal Credit reform, the main means-tested benefits except the Council Tax Benefit will be pooled into one single benefit with one single taper rate. The reform will give people better incentives to work, reduce complexity and contribute to reducing poverty.

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14-March-2013

English

Labour market, welfare reform and inequality in the United Kingdom

Employment has risen by more and unemployment has risen less than expected, given the path of output. Nevertheless, long-term and youth unemployment and involuntary part-time work are high. A polarised labour market risks worsening income inequality, which is high by OECD standards, despite a recent and likely temporary decline.

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14-March-2013

English

Policy options to durably resolve euro area imbalances

A simple econometric framework is presented linking current account balances of euro area countries to intra and extra euro area competitiveness, cyclical positions, fiscal positions and the oil price.

7-March-2013

English

Mineral Resource Trade in Chile: Contribution to Development and Policy Implications

Instead of resorting to trade measures such as export restrictions, Chile manages its minerals sector through a combination of balanced taxation, stable investment measures, good management of tax revenue, exchange rate policy and initiatives aimed at producing a multiplier effect of economy-wide development, according to this study.

6-March-2013

English

The price of oil – will it start rising again?

Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and, hence, the price of the resource.

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