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  • 21-September-2018

    English

    The Productivity-Inclusiveness Nexus

    Historically low productivity gains and record high inequality are major challenges for policy makers around the world. Both concerns have been exacerbated by the global financial crisis but took roots well before and reflect fundamental challenges with the way our economies function.
     
    This report proposes a new comprehensive approach to promote better productivity performance and reduce inequalities. It not only gathers the most recent empirical evidence on the main factors behind slowing productivity gains and rising or persisting inequalities but also suggests possible common foundations and linkages between these two trends. It stresses the risk of a vicious cycle setting in, where individuals with fewer skills and poorer access to opportunities are confined to unproductive and often precarious jobs. This reduces aggregate productivity and widens inequality. The report focuses on how to expand the productive assets of an economy by investing in the skills of its people and providing an environment where all firms have a fair chance to succeed, including in lagging regions. It draws preliminary conclusions on the type of policy packages that are needed and on their implications for policy making. It also sets an agenda for future research to deepen empirical evidence and make concrete country-specific policy recommendations.
  • 20-September-2018

    English

    OECD sees global growth moderating as uncertainties intensify

    The global economic expansion appears to have peaked, with diverging growth prospects worldwide and intensifying risks, according to the OECD’s latest Interim Economic Outlook.

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  • 17-September-2018

    English

    G20 GDP Growth - Second quarter of 2018, OECD

    G20 GDP growth nudges up to 1.0% in the second quarter of 2018

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  • 17-September-2018

    English

    Speeding up economic catch-up in the BRIICS with better governance and more education

    Economic research has established that a large part of income disparities between poor and rich countries can be attributed to differences in governance and in the quantity and quality of human capital.

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  • 17-September-2018

    English

    Boosting investment in Greece

    Aggregate investment has declined markedly over the crisis and has yet to recover. Reviving domestic and foreign investment is crucial to supporting the economic recovery, deepen Greece’s integration into global value chains and raising living standards.

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  • 17-September-2018

    English

    Cyclical vs structural effects on health care expenditure trends in OECD countries

    Health care expenditure per person, after accounting for changes in overall price levels, began to slow in many OECD countries in the early-to-mid 2000s, well before the economic and fiscal crisis.

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  • 17-September-2018

    English

    Generating employment, raising incomes and addressing poverty in Greece

    Employment is pivotal to strengthening Greece’s economic recovery, increasing social welfare and redressing poverty.

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  • 14-September-2018

    English

    10 Years After the Failure of Lehman Brothers

    It is my pleasure to reflect with you on what has happened over the past decade, take stock of what lessons can be drawn from the crisis and how we are tackling the challenges. When I was appointed Secretary-General of the OECD in the summer of 2006, it was a pleasant time to be an economist.

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  • 12-September-2018

    English

    Achieving responsible, effective and inclusive multilateralism

    It is a pleasure to be at the ESSEC Grand Ecole and address the brilliant young minds who will become the business leaders of tomorrow. We live in a world that is in constant evolution and facing new challenges, which is why this class on “Understanding and Changing the world” is of utmost importance. This is what we try to do at the OECD every day. I very much hope our perspective can inspire you.

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  • 11-September-2018

    English

    Design of insolvency regimes across countries

    This paper explores cross-country differences in the design of insolvency regimes, based on quantitative indicators constructed from countries’ responses to a recent OECD policy questionnaire.

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