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Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough.
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Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in particular when measured in value added terms.
What happens to workers who lose their jobs due to firm exit – how quickly are they re-employed and what are the policies that can aid this process?
Limiting climate change to 2°C requires a major shift in investment patterns towards low-carbon, climate resilient options. To achieve this goal requires policies that involve unprecedented economic, social and technological transformation, as economies shift towards low-carbon and climate-resilient infrastructure investments.
Economic resilience can be strengthened implementing policies aimed at mitigating both the risks and consequences of severe crises.
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Given the enduring impact of severe recessions and financial crises, it is important to take measures to minimise the risk of such events. In so doing, the benefits of higher economic stability must be weighed against potential costs. Risk-mitigating measures can involve a trade-off between growth and crisis risk, thus the most cost-effective actions must be identified.
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A policy framework that does not unduly inhibit the creative destruction process is vital to sustaining productivity growth. Yet, a key question is what happens to workers who lose their jobs due to this process and what are the policies that minimise the costs of worker displacement?
The monthly Main Economic Indicators (MEI) presents comparative statistics that provide an overview of recent international economic developments for the 35 OECD countries, the euro zone and a number of non-member economies. This indispensable and unique source of key short-term statistics is a vehicle for analysis for corporate planners, economists, academics, researchers and students. Using the most up-to-date, user-friendly tabular presentation, the indicators cover national accounts, business surveys and consumer opinions, leading indicators, retail sales, production, construction, prices, employment, unemployment, wages, finance, international trade and balance of payments.
Growth momentum picking-up in several advanced economies and strengthening in major emerging economies
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This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs).