Advanced economies growing again but some emerging economies slowing, says OECD

A moderate recovery is underway in the major advanced economies, according to the OECD’s latest Interim Economic Assessment. Growth is proceeding at encouraging rates in North America, Japan and the UK. The euro area as a whole is out of recession, although output remains weak in a number of countries.

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• Advanced economies growing again but some emerging economies slowing, says OECD

Selected aspects of household savings in Germany – evidence from micro-data

This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate.

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• Achieving the “low carbon, green growth” vision in Korea

Germany and the Euro Area: Addressing the Competitiveness Challenge - OECD report presented to German Federal Chancellor Angela Merkel

Restoring competitiveness is one of the key challenges to bring European economies back on a path of strong, sustainable and balanced growth. Europe could improve its growth prospects by implementing a strategic reform agenda with a broad range of policy reforms to increase productivity, dynamism and employment.

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• Meeting with Chancellor Merkel and Heads of International Organisations (Berlin, 30th - 31st October 2012)
• Better policies series

“Better Policies” series: Addressing the Competitiveness Challenges in Germany and the Euro Area - October 2012

The current crisis and deteriorating growth prospects in many countries make a competiveness enhancing reform agenda a conditio sine qua non to kick-off the European economy.

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• Better policies series

Joint press release by Federal Chancellor, OECD, WTO, ILO, IMF and World Bank Group

Joint press release by Federal Chancellor Angela Merkel, OECD Secretary-General Angel Gurría, WTO Director-General Pascal Lamy, ILO Director-General Guy Ryder, IMF Managing Director Christine Lagarde and World Bank Group President Jim Yong Kim on the occasion of their meeting on 30 October 2012 in Berlin.

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• Meeting with Chancellor Merkel and Heads of International Organisations (Berlin, 30th - 31st October 2012)
• “Better Policies” series: Addressing the Competitiveness Challenges in Germany and the Euro Area - October 2012

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• Gemeinsame Presseerklärung von Bundeskanzlerin, OECD, WTO, ILO, IWF und Weltbank anlässlich ihres Treffens am 30. Oktober 2012 in Berlin

Climate change policies in Germany: make ambition pay

Germany reduced greenhouse gas emissions substantially but remains an important emitter. Ambitious targets for climate change mitigation have been fixed and a broad range of environmental measures are being implemented.

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• Economic Survey of Germany 2014

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• Do policies that reduce unemployment raise its volatility? Evidence from OECD countries
• Slovakia: A catching up euro area member in and out of the crisis
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• Long-term growth scenarios
• The US labour market recovery following the great recession

The German labour market: preparing for the future

The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility.

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• Economic Survey of Germany 2014

Germany is leading the charts on employment and green growth - Transition to a knowledge based economy will require further reform and investment, OECD says

Germany recovered rapidly from the 2008-09 recession, with GDP topping pre-crisis rates during 2011 and unemployment falling significantly. Public finances are sound, but further reforms are needed to transform its growth model to thrive as a knowledge-based economy.

Why sound institutions and smart regulation matter

Speaking at a conference in Berlin, Angel Gurría says that a new architecture of financial reform together with sustainable fiscal consolidation strategies, structural reforms and efforts to explore new sources of growth will be essential to build a stronger, cleaner and fairer world economy.

Innovation and green growth for a job-rich recovery

Faced with unprecedented levels of unemployment, unsustainable fiscal deficits and public debt and weak economic growth, governments need to focus on innovation and pro-green policies as potential new sources of growth, says OECD Secretary-General Angel Gurría.

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