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News & Events
News
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02-Sep-2008
Financial market turmoil, the bursting of the housing bubble and high commodity prices continue to weigh on global economic growth, according to OECD’s latest interim economic assessment of the G7 countries.
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01-Sep-2008
Globalisation, together with skill-biased technical change, is changing the composition of jobs in advanced economies and raising the level of skills required to do them.
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20-Aug-2008
The Norwegian economy has benefitted from rising world energy prices, fiscal restraint, successful monetary policy and a capacity to attract foreign labour. But difficult challenges lie ahead. Could the rapid rise in labour costs lead to inflation becoming entrenched? Is rising household debt a serious risk? How can the education system be improved?
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13-Aug-2008
The Canadian government has set a high priority on reducing the economic burden of taxation. In a context of fiscal surpluses, it has been: markedly reducing corporate income and capital taxes; providing more personal tax relief especially at lower incomes and above all for saving; and cutting the federal value added tax (GST).
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13-Aug-2008
In January 2009, the Slovak Republic will adopt the euro and become the 16th member of the euro area. This paper investigates the implications of euro adoption in the Slovak Republic for inflation and interest rates with an attempt to quantify their likely size as well as their consequences for the general public.
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11-Aug-2008
The potential to strengthen productivity growth and enhance consumer welfare through more competition is large in the energy and railway sectors. Establishing stronger vertical separation between network access provision and potentially competitive services will be the main challenge for Germany going forward.
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11-Aug-2008
This paper presents a new set of institutional indicators that assess how sub-central governments harness market mechanisms such as tendering, outsourcing, user choice and competition, user fees and output-related funding when providing public services.
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06-Aug-2008
This paper examines shifts in labour productivity growth in the United States and in Europe between 1970 and 2007 based on econometric tests of structural breaks. Additionally, it makes use of time-series-based projected labour productivity growth up to 2009 in order to detect any recent break according to a central scenario as well as high and low scenarios, both derived from a 95% confidence interval.
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06-Aug-2008
India’s growth performance has improved significantly over the past 20 years, but has been uneven across industries and states. While some service industries, notably in the information and communications technology sector, have become highly competitive in world markets – yielding considerable gains for employees and investors – manufacturing industries have lagged and improved their performance only recently.
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05-Aug-2008
Over the past decade, labour market outcomes have improved in India, with net employment rising markedly for the economy as a whole. This paper looks at the impact of employment protection legislation and related regulation on the dynamics of employment in the organized sector of the economy, using newly constructed measures of national regulation and state labour reforms.
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Top of page
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How deep is the impact of the recent oil and credit shocks on the productive potential of OECD economies?
Issue No. 83
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