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  • 28-June-2023


    Strengthening SMEs and entrepreneurs key to a strong, resilient economy

    Government ministers responsible for small and medium-sized enterprises (SMEs) and entrepreneurship have endorsed a new OECD Declaration aimed at boosting policies for new and small businesses, empowering them to reach their full potential as part of broader efforts to build a more resilient, green and digital world economy.

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  • 8-December-2022


    Tourism rebound at risk as global crises take their toll

    A post-pandemic recovery in tourism risks faltering as the global economy loses momentum amid the energy shock triggered by Russia’s war of aggression against Ukraine, high inflation and weakened household purchasing power, according to a new OECD report.

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  • 7-December-2022


    Quantifying industrial strategies (QuIS) - Measuring industrial policy expenditures

    Industrial policy is sparking renewed interest across OECD member countries and partner economies. However, amidst an increasing number of objectives for industrial policy, and despite the availability of information on countries’ strategies and plans, it remains difficult to properly measure and compare resources spent on industrial policies and identify countries’ strategic priorities. The lack of a cross-country comparable source of information on resources dedicated to industrial policy partly results from the absence of a common methodology to account for industrial policy expenditures. This paper provides a new methodology for reporting industrial policy expenditure in a comparable way across countries. It is the first deliverable of the 'Quantifying Industrial Strategies' project, which aims at measuring industrial policy expenditures across OECD countries and will gather harmonised data on industrial policy expenditures, their composition, and their mode of delivery.
  • 30-November-2022


    OECD Tourism Trends and Policies 2022

    Tourism has been hit hard by the depth and duration of the crisis triggered by the COVID-19 pandemic. Just as the sector was starting to rebound, the economic fallout from Russia’s aggression against Ukraine has dealt a fresh blow to recovery prospects. The 2022 edition of OECD Tourism Trends and Policies analyses tourism performance and policy trends to support recovery across 50 OECD countries and partner economies. It examines the key tourism recovery challenges and outlook ahead, and highlights the need for co-ordinated, forward-looking policy approaches to set tourism on a path to a more resilient, sustainable and inclusive future. Evidence on the significance of the tourism economy is presented, with data covering domestic, inbound and outbound tourism, enterprises and employment, and internal tourism consumption. Tourism policy priorities, reforms and developments are analysed and examples of country practices highlighted. Thematic chapters provide insights on building resilience in the tourism ecosystem and promoting a green tourism recovery.
  • 14-November-2022

    English, PDF, 3,517kb

    Assessing steel decarbonisation progress: Ready for the decade of delivery?

    Accounting for nearly 8% of global emissions, the steel sector plays a key role in achieving climate goals. Yet despite progress, there is still a long way to go to reach near-zero emissions. Echoing the COP 27 Presidency’s call for implementation, this brief aims to provide evidence-based trends on key indicators of steel decarbonisation progress.

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  • 4-October-2022


    Current crises underline the need for Germany to overhaul innovation policy to ensure its industries remain competitive, says OECD

    Germany needs to adopt a more agile, risk-tolerant and experimental approach to innovation policy if it is to continue to lead in its historical core industries such as automotive manufacturing, machinery, chemicals and pharmaceuticals, and be a champion of the industries of tomorrow, according to a new OECD report.

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  • 15-September-2022


    Earth’s Orbits at Risk - The Economics of Space Sustainability

    Society’s dependence on space infrastructure is at a critical juncture. Public and private actors worldwide are planning to launch tens of thousands of satellites into Earth’s orbit in the next five years. This will greatly expand and enrich the use of space resources, but it will also result in more crowded orbits and greater risk of damage from satellite collision and space debris. As satellite launches continue to multiply and concerns grow, the long-term sustainability of space-based infrastructure on orbit and beyond is set to emerge as an increasingly important space policy issue of the 21st century. This publication takes stock of the growing socio-economic dependence of our modern societies on space assets, and the general threats to space-based infrastructure from debris in particular. Notably, it provides fresh insights into the value of space-based infrastructure and the potential costs generated by space debris, drawing on new academic research developed especially for the OECD project on the economics of space sustainability.
  • 12-July-2022


    OECD Handbook on Measuring the Space Economy, 2nd Edition

    Much has changed in the space economy over the past decade, with an ever-growing number of countries and business enterprises involved in space activities. Despite progress made in the quality and availability of data, the international comparability of space economy statistics remains limited. A decade after its first publication, it is therefore time to provide an up-to-date revision of the OECD Handbook on Measuring the Space Economy to reflect the changing landscape of space activities, space technologies and subsequent evolving user needs. This new edition aims to encourage and facilitate data collection among both incumbents and new actors involved in space activities, respond to the needs of the public agencies that still fund the bulk of space programmes, and support industry and private decision-takers who will also benefit from improved statistics on the space economy.
  • 3-June-2022


    Global plastic waste set to almost triple by 2060, says OECD

    The amount of plastic waste produced globally is on track to almost triple by 2060, with around half ending up in landfill and less than a fifth recycled, according to a new OECD report.

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  • 29-March-2022


    Financing SMEs and Entrepreneurs 2022 - An OECD Scoreboard

    The COVID-19 crisis caused profound disruptions in the global economy, with SMEs and entrepreneurs, particularly hard hit. Swift measures implemented by governments and public financial institutions provided a crucial lifeline for liquidity-strapped SMEs. The 10th edition of Financing SMEs and Entrepreneurs 2022: An OECD Scoreboard sheds light on the impacts of the crisis on SME finance, tracking the latest developments in debt, equity, asset-based finance, and framework conditions, along with recent policy developments for 48 countries around the world. It shows that lending continued to flow to SMEs during the pandemic, with unprecedented growth in outstanding SME loans. What is more, credit conditions relaxed significantly: interest rates registered record lows, interest rate spreads narrowed considerably, and collateral requirements declined in most Scoreboard countries. In contrast, alternative sources of finance such as leasing and factoring declined significantly, in part because of the large uptake of credit. Evidence on equity finance shows a resilient venture capital sector, with some fragility in early-stage finance. The thematic chapter of this report assesses the evolution of SME financing support during the crisis, from the rescue to recovery phases. It documents a fall in the level of SME-related support in national recovery packages compared to earlier rescue measures.
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