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The OECD's macroeconomic work is based on continued monitoring of events in Member countries as well as outside the OECD area and includes regular projections of short and medium-term economic developments. Interactions between individual countries' policies and developments are a notable concern. Bookmark this page: www.oecd.org/economics
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13-May-2008
A three-day international workshop on innovation and the global impact of high-growth small and medium-sized firms (SMEs), organized by OECD with the Kauffman Foundation in Kansas City, hailed entrepreneurship and the fast growth of innovative small firms as the engines of economic growth.
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24-Apr-2008
Growth has picked up significantly in recent years, largely driven by expansion of manufactured exports. Nevertheless, structural reforms are required to put public households on a sustainable path in order to cope with population ageing and to avoid labour market bottlenecks limiting growth.
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16-Apr-2008
Economic activity is now easing. In the short run, competitiveness must improve. Better infrastructure, and further product and labour market reforms would keep growth strong over the medium term. Long-run challenges remain for the housing market, fiscal policy, pensions, and the integration of migrants.
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17-Apr-2008
While Chile’s tax system is not particularly burdensome to business formality, there is scope for making product-market regulations less onerous to firms and the labour code more flexible, especially with regards to indefinite contracts and the allocation of working time. Low human capital remains an important obstacle to reducing labour informality. To the extent that informal businesses also hire informally, there is some room for designing policies to tackle business informality in conjunction with those aimed at boosting formal labour contracting.
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16-Apr-2008
The Chilean authorities plan to raise budgetary allocations over the medium term for a variety of social programmes, including education, health care and housing. This incremental spending will need to be carried out in a cost efficient manner to make sure that it yields commensurate improvements in social outcomes. Chile’s health indicators show that it fares relatively well in relation to comparator countries in the OECD area and in Latin America.
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Economic Outlook
This Economic Outlook, published 6 December 2007, presents the latest economic analysis and projections for major economies.
Issue No. 82
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