This note looks at how the COVID-19 pandemic has affected business dynamism, how support to businesses has affected bankruptcy rates, and what countries can do to support a strong and resilient recovery.
The emergence of GVCs challenges our conventional wisdom on how we look at economic globalisation and in particular the policies that we develop around it. The OECD is preparing a broad range of work to help policy makers understand the effects of GVCs on a number of policy domains.
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In 2019, Turkey was the 11th largest global shipbuilding economy in terms of seagoing vessel completions. Turkey is also a significant global actor in ship repair, ship maintenance and ship recycling.
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A recent OECD study analyses the trends in business dynamism using harmonised data across 18 countries and 22 industries over the period 2000-15. It shows that entry rates and job reallocation rates experienced a pervasive slowdown over this period, declining on average by three and five percentage points, respectively.
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A recent OECD study investigates the characteristics of the least productive firms and reveals their potential for productivity growth.
These reports provide an overview of recent supply and demand developments and, when available, forecasts from publicly available sources.