OECD GDP up 0.5% in the third quarter of 2014
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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, globalisation and well-being as well as to the national systems used in major OECD economies, such as the United States.
Each chapter of the manual uses practical examples to explain key concepts in national accounts in a clear and accessible way. And, each chapter concludes with a synthesis of key points covered in the chapter, followed by resources for further exploring the topic, and by a set of exercises to test your knowledge. It is an ideal guide to national accounts for students and other interested readers.
Stockbuilding main driver of OECD GDP growth in the second quarter of 2014
G20 GDP growth picks up to 0.8% in second quarter of 2014
OECD GDP up 0.4% in the second quarter of 2014 but with mixed patterns across countries
Private consumption main driver of modest OECD GDP growth in the first quarter of 2014
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This Statistics Brief presents a typology of non-observed economy (NOE) phenomena, discusses two broad classes of methods to estimate the size of the NOE (methods applied in the national accounts compilation versus macro-econometric methods), and presents national accounts based NOE estimates obtained through a survey of OECD countries in 2011-12.
G20 GDP growth steady at 0.8% in first quarter of 2014