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  • 24-May-2016

    English

    Can we improve real-time estimates of the output gap for policy purposes?

    The output gap ought to be a key input in short-term policy-making because it provides a summary measure of economic slack, so allowing policy-makers to anticipate inflationary pressures. It can also be used to estimate cyclically-adjusted measures of the fiscal balance, to provide a better assessment of fiscal sustainability.

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  • 23-May-2016

    English

    African Economic Outlook 2016 - Sustainable Cities and Structural Transformation

    The African Economic Outlook 2016 presents the continent’s current state of affairs and forecasts its situation for the coming two years. This annual report examines Africa’s performance in crucial areas: macroeconomics, financing, trade policies and regional integration, human development, and governance. For its 15th edition, the African Economic Outlook  takes a hard look at urbanisation and structural transformation in Africa and proposes practical steps to foster sustainable cities.

    A section of country  notes summarises recent economic growth, forecasts gross domestic product for 2016 and 2017, and highlights the main policy issues facing each of the 54 African countries. A statistical annex compares country-specific economic, social and political variables.

  • 20-May-2016

    English

    Inclusive Business Creation - Good Practice Compendium

    This compendium contains 20 case studies of public programmes in European countries that are successfully supporting business creation by people from disadvantaged and under-represented groups in entrepreneurship. The populations targeted by these programmes include youth, women, seniors, the unemployed, immigrants, ethnic minorities and people with disabilities. Each programme description details the programme’s activities and approach, assesses the challenges faced in development and implementation, and offers tips for successful transfer to other contexts.
     
    Public policy actions at national, regional and local levels can make an important contribution to economic growth and social inclusion by promoting business creation and self-employment by people who otherwise could remain outside of the mainstream of entrepreneurship. This compendium demonstrates that workable approaches exist and can help policy makers learn from each other's experiences to achieve widespread results.

  • 16-May-2016

    English

    Korea needs new reforms to boost productivity, employment and growth

    Korea needs to boost productivity, increase employment and stoke economic activity as part of efforts to reverse current trends toward slower growth and low inflation, according to a new report from the OECD.

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  • 10-May-2016

    English

    Recovery underway in Denmark, but reforms needed to maintain high living standards and ensure sustainability of social welfare system

    Denmark’s economic prospects are improving, but further reforms are needed to maintain the country’s high living standards and ensure the well-being of all citizens, according to a new report from the OECD.

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  • 6-May-2016

    English

    Hungarian economy expanding but reforms needed to boost skills, business investment and incomes

    The Hungarian economy has expanded strongly in recent years, helped by robust exports and firm domestic demand. But incomes are among the lowest in the OECD and structural reforms will be needed to sustain growth over the medium term, strengthen business investment and better match skills to labour market needs, according to a new OECD report.

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  • 4-May-2016

    English

    OECD Reviews of Innovation Policy: Luxembourg 2016

    This book provides a comprehensive assessment of the innovation policy of Luxembourg. It is the second such OECD review of Luxembourg's innovation system, following an earlier review published in 2007. Since that time, the system has undergone profound change, notably a rapid expansion in the scale and scope of public sector research, which offers new opportunities for Luxembourg, but also new challenges for innovation policy. The review focuses on the role of government and includes concrete recommendations on how to improve policies that affect innovation and R&D performance.

     

     

  • 28-April-2016

    English

    Regulatory management practices in OECD countries

    This paper provides analysis of the regulatory governance of network sector regulators in electricity, gas, telecommunications, rail, airport and ports within the OECD as it stood in 2013.

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  • 28-April-2016

    English

    Quantifying the effects of trade liberalisation in Brazil: a CGE simulation

    Brazil remains a fairly closed economy, with small trade flows relative to its share of world income. This paper explores the effects of three possible policy reforms to strengthen Brazil’s integration into global trade: a reduction in import tariffs, less local content requirements and a full zero-rating of exports in indirect taxes.

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  • 28-April-2016

    English

    An investigation into improving the real-time reliability of OECD output gap estimates

    Estimates of the output gap ought to be a useful guide for macroeconomic policy, both for assessing inflationary pressures and fiscal sustainability, but their reliability has been called into question by the large revisions which they are often subject to, particularly around turning points.

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