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.
25/04/18 - NAEC/Nesta workshop with Roberto Unger "Inclusive Vanguards – The Futures of the Knowledge Economy" [Watch the Webcast]
20/04/18 - Anne-Marie Brook "How Can Human Rights Data Contribute to Economic Development" [Watch the Webcast]
12/04/18 - NAEC Corporate Governance - William Lazonick - Corporate Governance for Sustainable Prosperity [Watch the Webcast] Presentation (pdf)
23/03/18 - Karol Soltan " Measuring Development in the 21st Century" [Watch the Webcast]
19/03/18 - NAEC/EC/Institut des Systèmes Complexes
Social media: How it works and how to make it work better for everyone [Watch the Webcast]
5/03/18 - Jonathan Haskel & Stian Westlake "Capitalism without Capital: The Rise of the Intangible Economy" [Watch the Webcast]
14/02/18 - David Pilling - The Growth Paradigm: The Weath and Well-Being of Nations [Watch the Webcast] Presentation (pdf)
12/02/18 - Will Tracy - Complexity Economics and the Future of Work [Watch the Webcast]
29/01/18 - Michael Jacobs - Rethinking Capitalism: paradigm Changes in Economics and Policy [Watch the Webcast] - Presentation (pdf)
25/01/18 - Debora Revoltella - Investment in Europe - [Watch the webcast] - Presentation (pdf)
> See all 2018 seminars and workshops
> See all 2017 seminars and workshops