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Measurement and analysis of income inequality has long been a topic of OECD work and seized renewed attention with the OECD’s Better Life Initiative. Measuring distributions across dimensions above and beyond income (health, education, etc.) are also at the heart of the OECD’s How’s Life? statistical agenda and form a prominent recommendation in the Stiglitz-Sen-Fitoussi report.
The OECD has updated its key textbook explaining how economic activity is monitored and measured.
This second edition of Understanding National Accounts, that provides a comprehensive explanation of how national accounts are compiled, contains new data and new chapters, and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010, that came into effect in September 2014. It approaches national accounts from a truly global perspective, with special chapters dedicated to international comparisons,
OECD employment rate stable at 65.6% in second quarter of 2014
Stockbuilding main driver of OECD GDP growth in the second quarter of 2014
OECD unemployment rate falls to 7.3% in August 2014
Composite leading indicators point to weakening growth in the Euro area and to stable growth in most other major economies
How was life in 1820, and how has it improved since then? What are the long-term trends in global well-being? Views on social progress since the Industrial Revolution are largely based on historical national accounting in the tradition of Kuznets and Maddison. But trends in real GDP per capita may not fully reflect changes in other dimensions of well-being such as life expectancy, education, personal security or gender inequality.
OECD annual inflation eases slightly to 1.8% in August 2014
Unit labour costs (ULCs) in the OECD area rose by 0.5% in the second quarter of 2014, compared with 0.9% in the previous quarter.