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Labour productivity decelerated due to a slowdown in capital deepening related to the trend increase in employment. Policies in the areas of research and development, innovation, entrepreneurship, product market regulation and taxation could raise productivity growth.
The Irish labour market is undergoing a severe adjustment following the sharp fall in output, which has been concentrated on labour intensive sectors.
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.
Despite progress over the past two decades Mexico’s health and education indicators remain well below the average of the OECD and some of its Latin American emerging market peers.
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings.
This paper considers the relationship between actual inequality, desired inequality and overall social well-being, focussing on the evidence from OECD countries over the past two decades. It was presented at www.oecdworldforum2009.org.
In a keynote speech delivered at the OECD 3rd World Forum on Statistics, Knowledge and Policy, Mr. Angel Gurría has warned that unless a new generation of statistics is developed to measure social progress and well-being, people may lose confidence in institutions and in the capacity of governments to address their problems.
OECD Secretary-General Angel Gurría has warned that unless a new generation of statistics is developed to measure social progress and well-being, people may lose confidence in institutions and in the capacity of governments to address their problems.
Compulsory school education in Italy produces poor results in terms of 15-year-olds’ performance on PISA tests, compared with other OECD countries, despite a relatively high level of expenditure, as discussed in this working paper.
This working paper begins with a discussion of the factors that made the banks, non-financial firms and households vulnerable to deterioration in global financial markets. It then describes the failure of the banks, its direct impact on government debt, the IMF SBA and the economic outlook.