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The Colombian economy is strong and the outlook is promising, but the country must do more to ensure that the ongoing commodities boom contributes to sustainable and inclusive growth over the long-term, according to the OECD’s latest Economic Assessment of Colombia.
Although job creation has improved, since the end of the 2007-08 recession, the effects of the recession on the labour market remain severe.
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise.
Despite the economic importance of the road transport sector, there is no systematic cross-country evidence on the sector’s efficiency.
OECD area annual inflation was 1.9% in the year to December 2012, unchanged from the annual rate in the year to November 2012. Annual inflation rates for all major components of the CPI were also broadly stable with energy price inflation at 2.9% and food price inflation at 2.1%.
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This study looks into the use of fixed term contracts and agency work in Russia during and shortly after the crisis 2009 10 with the help of an enterprise survey.
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In several OECD countries, ongoing fiscal consolidation might have a negative impact on the static income distribution. However, this conclusion should be treated only as an approximate first step in the analysis.
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The well performing labour market has delivered low unemployment and relatively stable wage developments.
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The Netherlands has strongly benefited from globalisation, which boosted international trade, cross-border investment and economic growth over the latest decades.
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The Netherlands, as other OECD countries, faces the challenge of providing high quality health and long term care services to an ageing population in a cost-efficient manner.