NAEC is a journey with concrete deliverables:
NAEC Projects: Learn more about the deliverables of the 29 projects undertaken as part of NAEC.
COMPLEXITY AND POLICY
> 29-30 September 2016, Paris
The workshop, organised by the OECD, the European Commission and the Institute for New Economic Thinking (INET) Oxford, discussed ideas emerging from the theory of complexity. Complex systems analysis, simulation, systems science methods and big data capabilities offer new opportunities to enhance understanding of economic issues that include preventing financial crises, managing systemic risk and interpreting economic growth as a process of evolving ecosystems of technologies and industrial capabilities. Academics, economists and policymakers discussed state-of-the-art policy applications of complexity and made the case for greater use of complexity in policymaking.
> 26-27 October 2015, Paris
The OECD, the Institute for New Economic Thinking (INET) Oxford, the Global Complexity Network (GloComNet) and the Global Systems Science from the European Commission co-organised the workshop on "Complexity of the Economy: Research and Policy Implications".
The workshop was a timely opportunity for policy-makers, academics and researchers in economics to discuss the policy applications emerging from the study of complexity. The workshop featured ideas and policy tools from the theory of complex systems. It outlined how complexity can enhance understanding of economic issues including preventing financial crises, managing systemic risk and understanding processes of economic growth and innovation as well as sustainability.
14 December 2016 - OECD, Paris
The OECD’s New Approaches to Economic Challenges (NAEC) Initiative launched in 2012 is a comprehensive organisation-wide reflection process to renew and strengthen the OECD’s analytical frameworks, policy instruments and tools in the face of the rapidly evolving and challenging social and economic environment. The initiative has helped to improve policy analysis by enhancing the understanding of the complex and interconnected nature of economic, social and environmental systems, by identifying synergies (e.g. between growth, inequality, stability and the environment) and by developing better ways to manage policy trade-offs and complementarities in a multidisciplinary context. NAEC is also mainstreaming the use of new data, methodologies and approaches (e.g. complexity, strategic foresight and behavioural economics) across the OECD.
NAEC is by definition an ongoing process, and this timely event assessed our progress to date and examined how the broader economic and policy debate has evolved in the ten years since the financial crisis. Economies may have recovered, but the scars of the crisis linger. Public trust is at a low ebb as conventional analyses are struggling to explain and address ongoing economic, social and environment challenges. At the same time, a quiet revolution is taking in the social sciences offering new analytical techniques, methods and data and new ways of thinking about how economies work.
Andy Haldane, Chief Economist of the Bank of England, Professor Alan Kirman, Director of Studies at EHESS, John Kay from the Financial Times and Dennis Snower, President of the Kiel Institute for the World Economy, amongst others joined a discussion (including a Roundtable with the Secretary-General, the Chief of Staff and Sherpa and Directors) on how to promote integrated and innovative approaches to address some of our most pressing challenges. The aim was to maintain momentum among the OECD community to advance our thinking and raise the bar of our analysis so that together we can devise better policies for better lives.
NAEC - AN HISTORICAL PERSPECTIVE
The OECD and the Making of the Economic Growth Paradigm
A collection of historic photographs, archive documents and records highlighting the evolution of the OECD thinking on issues related to growth, the environment, inclusiveness and future challenges.
Click here to see the exhibit.
The Seminar Series offers a programme of discussion on key issues and new OECD work and provides a space for fresh thinking.
11/07 – Kate Raworth - Doughnut Economics: Seven Ways to Think like a 21st Century Economist - [Watch the webcast] - Presentation (pdf)
29/06 – Rick Bookstaber - The End of Theory: Financial Crises, the Failure of Economics and the Sweep of Human Interaction - [Watch the webcast] - Presentation (pdf)
23/06 – Carlos Moedas - Europe's Digital Future: Digitalisation, innovation, diffusion and productivity growth - [Watch the webcast]
22/06 – Resilience: State of Science and Practice within OECD - [Watch the webcast]
31/05 – Edmund Phelps - A Happy Ending to the New Technological Revolution - [Watch the webcast]
24/05 – Pavel Kabat - Introducing systems thinking into policy:The IIASA experience - [Watch the webcast]
23/05 – Noam Chomsky - A Perfect Storm: Prospects for Survival - [Watch the webcast]
10/05 – How should land be used and governed? A conversation between the urban planning and economics professions - [Watch the webcast]
5/05 – Professor Roberto Unger - Socially Inclusive Economic Growth and the Future of the Knowledge Economy - [Watch the webcast]
Inclusive Vanguardism: The Alternative Futures of the Knowledge Economy, Roberto Mangabeira Unger and Discussants - Transcript (pdf) of a video of a discussion at the OECD
3/05 – NAEC/European Commission-Joint Research Centre/Austrian Institute for Research - A systems approach to socially and environmentally sustainable growth - [Watch the webcast]
24/04 – NAEC- Women in Leadership Seminar - [Watch the webcast]
20/04 – Alan Kirman Complexity: A New Approach to Economic Challenges - [Watch the webcast]
10/04 - John Llywellyn -Joint NAEC/AIA Seminar: Jobs, Technology and Trade - The New Nexus - [Watch the webcast]
28/03 – Mark Blyth – Preserving Globalisation in an Age of Discontent - [Watch the webcast]
09/03 – Guy Standing – The Precariat and the Universal Basic Income - [Watch the webcast]
28/02 – NAEC/GOV : OPSI Systems Thinking Workshop - [Watch the webcast]
27/02 – Yves Joanette and Raj Long - Addressing Dementia – The World’s Largest Unsolved Health Problem and a Growing Economic Challenge - [Watch the webcast]
15/02 – Joint AIA/NAEC seminar - Global Governance and the Fourth Industrial Revolution – Complexity, Systems Thinking and Human Well-being - [Watch the webcast]
02/02 – Veronica Boix Mansilla – Educating Students for the Future - [Watch the webcast] - Presentation (pdf)
25/01 – OECD/Utrecht University/Bertelsmann Stiftung - Robotics and the Future of Work from a Multidisciplinary Perspective - [Watch the webcast]
23/01 – Fabrice Murtin - OECD TRUSTLAB - [Watch the webcast]