Since joining the OECD in 1996, Korea has made impressive progress in raising living standards. Over 1996-2016, the country closed the gross domestic product (GDP) per capita gap with the OECD average by 26 percentage points. Vibrant exports underpinned strong economic growth, with Korea becoming the eighth largest exporter in the world. The country’s focus on innovation (its R&D spending is the second highest in the OECD) combined with its highly skilled population (it is among the top performers in the OECD’s Programme of International Student Assessment) supported this success. However, the convergence of Korea’s living standards to those in the most advanced countries has stalled in recent years. Output growth has slowed from 4.4% annually over 2001-10 to 2.8% since 2011. The country faces strong competition from emerging economies, notably the People’s Republic of China in low- and medium-end markets, and with advanced economies in high-end markets. This makes it more difficult for Korea to further expand its global market share.
This paper synthesises the main policy implications of OECD work focusing on the interplay between participation and positioning in global value chains (GVCs), employment demand and supply, and workforce skills endowment.
The OECD organised a webinar "The Future of Open Government Data in Mexico: Challenges and Experiences in OECD countries". The webinar was open to everyone and seeked to help the Mexican Government to prioritise the definition and implementation of strategic actions that contribute to the continuity and maturity of OGD policy in the short and medium term.
This working paper looks at the Frascati Manual (FM) framework for R&D statistics and the System of National Accounts (SNA) framework of comprehensive economic accounts. It also highlights the various actions taken in the 2015 FM revision which respond to National Accounts data needs and thereby aims to provide a common platform for collaboration and dialogue between FM and SNA practitioners.
The context in which intellectual property currently operates is very different from the one in which IP rights were conceived. IP systems are undergoing continuous changes as they seek to optimise the balance between private and social benefits to contribute to economic growth and the welfare of societies.
There is now strong evidence that microbiomes play an important role in human health, as there are clear linkages to many major non-communicable diseases. This report assesses the key policy challenges for innovation in the microbiome. It argues that if such a promising scientific field is to lead to innovative applications, policies on science and innovation must be improved in five areas.
The 2017 edition of the OECD E-Leaders meeting will discuss how governments can best adapt to the growing role of advanced technologies in service delivery. Delegates will discuss the implications of the digital transformation in governments, including the skills base, the data infrastructure and approaches to the commissioning of ICT goods and services.
Every day brings news of technological breakthroughs. We are entering a world of “digital manufacturing” and “the next production revolution” where traditional factory floors are being transformed with new and more efficient processes.
This article by OECD's Antonio Capobianco and Pedro Gonzaga focuses on whether algorithms can make tacit collusion easier, both in oligopolistic markets and in markets which do not manifest the structural features that are usually associated with the risk of collusion. It was published in the August 2017 edition of the CPI Chronicle.
Norway has long used technology to streamline processes within the public sector and bring the government closer to citizens and businesses. Now the country is going further, seeking to transform its public sector through the full assimilation of digital technologies. The goal is to make it more efficient, collaborative, user- and data-driven, and better able to respond to the changing needs and expectations of citizens and businesses. This review analyses the efforts under way and provides policy advice to support the Norwegian government in implementing digital government.