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International trade and investment are key channels for closer economic integration and better material living standards. Empirical work has examined these links. Other work relates to the analysis and assessment of world trade and trade and payments relationships between the OECD and the rest of the world.
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25-Jun-2008
Labour market performance deteriorated after 2001. A broad strategy is required to enhance the adaptability of the work force, provide support to displaced workers and upgrade competencies.
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22-May-2008
Although Korea has become more integrated in the world economy over the past decade, it still ranks low in terms of import penetration, the stock of inward FDI relative to GDP and foreign workers as a share of the labour force.
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19-May-2008
This paper presents new estimates of country-specific international transport costs for 21 OECD countries over the period 1973-2005. The methodology is based on direct measures of air, maritime, and road transport costs rather than on cif/fob ratios or other balance of payments data employed in previous studies. Transport costs are calculated as costs per kilogramme for each mode of transport at a bilateral level and then aggregated. Australia and New Zealand are found to have the highest transport costs among the OECD countries considered, followed by Japan.
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