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Publications & Documents


  • 27-November-2018

    English

    For Good Measure - Advancing Research on Well-being Metrics Beyond GDP

    The 2009 Commission on the Measurement of Economic Performance and Social Progress ('Stiglitz-Sen-Fitoussi' Commission) concluded that we should move away from over-reliance on GDP when assessing a country’s health, towards a broader dashboard of indicators that would reflect concerns such as the distribution of well-being and sustainability in all of its dimensions. This book includes contributions from members of the OECD-hosted High Level Expert Group on the Measurement of Economic Performance and Social Progress, the successor of the Stiglitz-Sen-Fitoussi Commission, and their co-authors on the latest research in this field. These contributions look at key issues raised by the 2009 Commission that deserved more attention, such as how to better include the environment and sustainability in our measurement system, and how to improve the measurement of different types of inequalities, of economic insecurity, of subjective well-being and of trust.A companion volume Beyond GDP: Measuring What Counts for Economic and Social Performance presents an overview by the co-chairs of the High Level Expert Group, Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand of the progress accomplished since the 2009 report, of the work conducted by the Group over the past five years, and of what still needs to be done.
  • 27-November-2018

    English

    Beyond GDP - Measuring What Counts for Economic and Social Performance

    Metrics matter for policy and policy matters for well-being. In this report, the co-chairs of the OECD-hosted High Level Expert Group on the Measurement of Economic Performance and Social Progress, Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand, show how over-reliance on GDP as the yardstick of economic performance misled policy makers who did not see the 2008 crisis coming. When the crisis did hit, concentrating on the wrong indicators meant that governments made inadequate policy choices, with severe and long-lasting consequences for many people. While GDP is the most well-known, and most powerful economic indicator, it can’t tell us everything we need to know about the health of countries and societies. In fact, it can’t even tell us everything we need to know about economic performance. We need to develop dashboards of indicators that reveal who is benefitting from growth, whether that growth is environmentally sustainable, how people feel about their lives, what factors contribute to an individual’s or a country’s success. This book looks at progress made over the past 10 years in collecting well-being data, and in using them to inform policies. An accompanying volume, For Good Measure: Advancing Research on Well-being Metrics Beyond GDP, presents the latest findings from leading economists and statisticians on selected issues within the broader agenda on defining and measuring well-being.
  • 22-November-2018

    English

    Event: Discussion panel on the use of cost benefit analysis (CBA)

    22 November 2018, London - Hosted by the Department of Geography and Environment, this panel reflected on the use of cost benefit analysis (CBA) and took stock of recent developments in environmental CBA and the challenges this presents to policy makers. The panel was comprised of some of the London School of Economics and Political Science (LSE) authors of the CBA report published by OECD as well as policy practitioners.

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  • 22-November-2018

    English

    Managing the Water-Energy-Land-Food Nexus in Korea - Policies and Governance Options

    This report assesses the key bottlenecks within the water-energy-land-food nexus in Korea, and proposes policy recommendations and governance arrangements to future-proof environmental integrity and enhance sustainable growth. The increasing pressure caused by urbanisation, industrialisation, population growth and climate change in Korea has led to more land consumption and augmented water supply, at the expense of the environment and at a high cost for public finance. Korea has engaged with the OECD via a national policy dialogue to explore best practices from the wider international community to better manage the nexus at the river basin scale.
  • 12-November-2018

    English

    Donor countries need to reform development finance to meet 2030 pledge

    External finance to poor countries is declining, despite a promise by the international community three years ago to increase development finance flows, in particular through private investment, according to a new OECD report.

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  • 12-November-2018

    English

    Global Outlook on Financing for Sustainable Development 2019 - Time to Face the Challenge

    The financing for sustainable development agenda promises to bring together more actors than ever before – from businesses, governments, philanthropists, and remitting households – to address the world’s most pressing problems and achieve the Sustainable Development Goals.Yet, in spite of this promise, the financing for sustainable development gap is growing. While needs continue to increase, resources available to developing countries have been constrained and in some cases even declining, as illustrated by the recent drop in foreign direct investments. New financial instruments and interactions have yet to mobilise much-needed new resources in sufficient volumes. And despite significant advances, we do not yet fully understand the opportunities and risks faced by the various actors in this complex new global financing system.This report sounds a wake-up call. To fulfil the commitments of the 2030 Agenda, and lift hundreds of millions of people out of extreme poverty, the international community needs to maximise the development footprint of existing and future resources, thereby 'shifting the trillions' towards the SDGs. The first in a series, this report charts a forward path for the changes required in measurement, policies, and operations to achieve these ambitious objectives.
  • 12-November-2018

    English

    Developing Robust Project Pipelines for Low-Carbon Infrastructure

    This report aims to provide policy makers with a comprehensive examination of 'project pipelines', a common concept in infrastructure planning and investment discussions, and one which has become a focal point in countries’ efforts to implement their climate commitments. The analysis is structured around some basic but important guiding questions, including: What is meant by project pipelines? How can we characterise them? What concrete approaches and actions can governments and other public institutions take to develop project pipelines and mobilise private finance into these projects? This close look at pipelines suggests that they can only be as robust as the investment-ready and bankable projects that constitute them, as effective as institutions that deliver them, and as ambitious as the objectives to which they are linked. Through a series of case studies, the report highlights that while governments and public institutions are already taking actions to develop robust pipelines in a range of country settings, these pipelines nevertheless need to be strengthened significantly to meet long-term climate mitigation objectives. Good practices pioneered by the countries and actors in the case studies can provide models for governments to adapt and bolster their own efforts.
  • 31-October-2018

    English

    Environmental taxation

    A broader use of environmental taxation or emission trading systems would be one of the most efficient and effective ways of promoting green growth.

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  • 22-October-2018

    English

    Assessing the economic valuation of the benefits of regulating chemicals - Environment Working Paper

    This paper reviews and compares five case studies on quantification and economic valuation of benefits in cost-benefit analyses (CBAs) of regulating phthalates, mercury, PFOA (perfluoro-octanic acid) and its salts, NMP (1 methyl-2-pyrroloidine) and formaldehyde. The case studies had all been carried out as part of the SACAME project, and the purpose of the present paper is to draw out cross-cutting findings from these studies.

  • 22-October-2018

    English

    The costs and benefits of regulating chemicals

    The SACAME project supports the socio-economic analysis of chemicals by allowing a better quantification and monetisation of health- and environmental impacts. This research, funded by the EC, builds on the OECD work on quantifying the social costs of environmental externalities, particulary in recent years on the costs of air pollution. Four new reports now available.

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