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Governments should recognise tourism’s role as an essential driver of jobs and growth and boost their support for the sector. The industry today accounts for 4.7% of GDP and 6.0% of employment in the developed world, according to a new OECD report.
The OECD’s latest Economic Survey of Poland, to be published on Monday 10 March 2014, assesses the country’s impressive economic performance over the past decade, as well as the challenges posed by the abrupt slowdown that began in 2012.
OECD Deputy Secretary-General and Acting Chief Economist Rintaro Tamaki will present the near-term prospects for the G7 economies and China on 11 March 2014 at 12:00 p.m. (Paris Time).
The Norwegian economy is performing well, generating inclusive growth, strong social mobility and low unemployment. But to ensure future prosperity, Norway must continue with growth-enhancing reforms while ensuring financial stability, according to the OECD’s latest Economic Survey of Norway.
OECD annual inflation increases slightly to 1.7% in January 2014
The Survey discusses Norway’s determination to strengthen financial stability, through the use of new policy tools to help policymakers prevent and manage financial crises, notably concerning housing market related risks.
Tourism has shown resilience through the global economic crisis and accounts today for 4.7% of GDP and 6% of jobs on average in OECD countries. Yet as tourist arrivals worldwide surpass 1 billion annually, many established destinations are losing market share to up-and-coming countries in an increasingly competitive environment.
Merchandise trade continues to pick-up across most major economies in fourth quarter of 2013
Official portraits of Deputy Secretary-Generals of the OECD
Adopting ambitious and comprehensive structural reform agendas will offer governments the best chance for a return to strong, sustainable and balanced economic growth that creates jobs and reduces inequality, according to the OECD’s latest Going for Growth report