The United Kingdom’s economy is projected to expand this year and next, but challenges remain to boost productivity and make future growth more inclusive, according to the OECD’s latest Economic Survey.
This report delivers evidence-based and practical recommendations on how to better support employment and economic development in England. It builds on sub-national data analysis and consultations with local stakeholders in Nottingham and North Nottinghamshire in the East Midlands as well as Hull and Scarborough in Yorkshire and the Humber. It provides a comparative framework to understand the role of the local level in contributing to more and better quality jobs. The report can help national and local policy makers in England and the UK build effective and sustainable partnerships at the local level, which join-up efforts and achieve stronger outcomes across employment, training, and economic development policies. Co-ordinated policies can help workers find suitable jobs, while also stimulating entrepreneurship and productivity, which increases the quality of life and prosperity within a community as well as throughout the country.
The challenge before us is clear. It is no longer possible for us to think about inequalites and growth separately. We need to promote more Inclusive Growth to ensure the recovery and lay the foundations for a shared and affluent future.
English, PDF, 4,385kb
This publication details results from an OECD LEED project that investigates key indicators of area-based transition to a low-carbon economy. The objective of the project was to provide defined measureable indicators at the regional/local level that can inform over time transition to low carbon-economic and industrial activities addressing two aspects of green growth economy.
We therefore need a “copernician” change in our approach to the growth – inequality nexus: let’s not think growth first, and inequality thereafter but let’s consider both of them, together, in their circularity. In other words, let’s think “Inclusive Growth”, right from the start, and let’s make it another touchstone of our efforts and complement the Pittsburgh tryptic of strong, sustainable and balanced growth!
Going for Growth is the OECD’s flagship report on structural policies. The purpose of Going for Growth is to help governments setting a reform agenda to improve citizens’ well-being. It has been instrumental in helping G20 countries to develop growth strategies to raise their combined gross domestic product (GDP) by 2% over baseline projections by 2018 – as agreed by G20 Leaders in Brisbane last year.
The WISE database provides a “one-stop” location to build up a statistical snapshot of skills development for each country. The database contains 64 indicators in five broad areas: contextual factors; skill acquisition; skill requirements; skill mismatch; and economic and social outcomes
Economic participation of women in the labour force or as entrepreneurs is low compared to peers and has declined over the past decades despite strong growth. The gap with men is over 50% - the largest among key emerging markets.
The Trentino co-operative model has gained wide acclaim for its positive economic and social impact upon the territory. Developing a strong understanding of why the model has been so effective is important in identifying those factors which other localities could utilise as potential criticalities.
Third Annual Conference on the theme of "Fiscal Policies and the Green Economy Transition: Generating Knowledge – Creating Impact" held at the University of Venice from 29 through 30 January 2015. The press release is available.