Business transparency

By Kei-Ichiro Inaba and Lukasz Rawdanowicz, Macroeconomic Policy Division, OECD Economics Department The ECB, the Bank of Japan and five other central banks in Europe have applied negative interest rates on commercial banks’ reserves.…

by Debbie Bloch, Public Economics Division, Economics Department Governments today need to balance the policy goals of boosting economic growth and improving equity when making budget decisions.  How can public spending choices promote…

Overview   The Platform for Collaboration on Tax (PCT) invites you to a workshop: The Role of Taxation in Achieving Gender Equality   Featuring A Keynote Address By H.E. Sri Mulyani Indrawati, Minister of Finance,…

Jan Stráský and Guillaume Claveres, OECD Economics Department, Euro Area/EU desk The euro area sovereign debt crisis has exposed important flaws in the design of the Economic and Monetary Union, especially when it comes to dealing with…

Economy October 29, 2015 Economist/Policy Analyst, Public Governance and Territorial…

by Nigel Pain and Elena Rusticelli,  Greater international integration has modified the transmission channels and the impact that external shocks have on domestic economies via increased trade openness and exposure to global financial…

National Science FoundationDirectorate for Mathematical and Physical Sciences     Division of Mathematical SciencesDirectorate for Engineering     Division of Civil, Mechanical and Manufacturing…

By Abu Zeid Mohd Arif, Economist, Country Studies Branch, OECD Economics Department Growth can be more inclusive by pursuing policies that enable improvements in a country’s living standards while sharing gains more equitably across the…

By Katharine Mullock The United Kingdom has enjoyed record-high employment levels in recent years and one of the lowest unemployment rates among OECD countries.  However, labour productivity growth, which is closely linked to the use…

Mining is an important economic sector for many countries in Latin America. Sharing the industry’s benefits fairly is crucial to supporting workers, local communities, governments, and building confidence in the industry…

OECD report calls for agency independence to serve as a bulwark against breakdowns in the regulatory process.The Deepwater Horizon oil spill in 2010, and the 2008 financial meltdown—whose aftershocks are still reverberating globally—have…

It is critical that African countries increase their domestic resource mobilization. The pressing need for economic stimulus in response to the devastating effects of the COVID-19 pandemic has compounded preexisting…

Apr 1, 2022 | 12:30 PM CEST - 2:00 PM CESTDescriptionTax evasion and other forms of illicit financial flows (IFFs) are a major policy challenge for developing and emerging economies, particularly in light of the increased fiscal…

by Margit Molnar, Head of China Desk, OECD Economics Department On several measures, China has caught up with OECD economies in the area of innovation. On the input side, R&D spending as a percentage of GDP has reached 2% (Figure 1),…

by Jan Strasky, Luxembourg Desk, OECD Economics Department. Strong economic performance, comfortable fiscal situation and well-run institutions make life good for most residents of Luxembourg. Average earnings are the highest in the…

By Pierre Beynet, Head of Division, OECD Economics Department Estonian growth is picking up again strongly in 2017 and the level of activity has finally surpassed its pre-crisis level, almost 10 years after the outset of the financial…

As discussions to develop a set of sustainable development goals (SDGs) build momentum, attention is starting to shift towards not only what the world should try to achieve, but also how to go about it. This in large part means…

9 September 2022 Dagur Eggertsson, Mayor of Reykjavik (Iceland) launched his Chairmanship of the OECD Champion Mayors for Inclusive Growth Initiative with a visit to Paris on 8- 9 September. He used the visit as an…

March 21, 2024 Dear Colleagues: Fostering the growth of a globally competitive and diverse research workforce and advancing the scientific and innovation skills of the Nation is a strategic objective of the…

Jan Corfee-Morlot, OECD Development Co-operation Directorate, shares her insights on the OECD's recent publication "Putting Green Growth at the Heard of Development" . This blog is part of the Wikiprogress Environment Series. The…

By Margit Molnar and Ben Westmore, China Desk, OECD Economics Department Growth in China has been slowing gradually, but GDP per capita remains on course to almost double between 2010 and 2020. As a result, the Chinese economy will…

by Rafal Kierzendowski, Mark Baker, Pierre Beynet and Gabor Fulop, UK Desk, OECD Economics Department Ahead of the referendum on Brexit, the OECD had been anticipating a significant decrease in economic growth if the decision to leave…

by Hansjörg Blöchliger, Senior Economist, Policy Studies Branch, Economics Department The growth pattern of OECD countries and their sub-national entities is puzzling. Between-country differences in GDP per capita are declining, yet the…

by Jean Marc Fournier, Economist, Public Economics Division, OECD Economics Department Public investment benefits current as well as future generations. My research shows that public investment is a game changer, when it comes to…

By Pierre-Alain Pionnier, Francette Koechlin, Anne-Sophie Fraisse and Elena van Eck. Inflation may be present in some parts of an economy but not others. Contributions to annual inflation show how much different product groups…

by Catherine L. Mann, OECD Chief Economist, OECD Economics Department The role of fiscal policy has been at the heart of the policy debate since the financial crisis. With the global economy stuck in a low-growth trap and monetary policy…

by Christian Daude, Senior Economist, Office of the Chief Economist, OECD Economics Department (former head of the Greek Desk) The Greek economy is turning around lately, but it remains in a deep depression. GDP has fallen by more than a…

By Falilou Fall, Head of the Czech Republic Desk, Country Studies Branch, OECD Economics Department Productivity catch-up along with deeper integration into the global economy played a central role in the convergence of the Czech incomes…

By Christine de La Maisonneuve, Economist on the Greek desk, Economics Department With weak domestic demand and a relatively low export share in the economy there is much potential to raise exports. Despite a recent pick-up Greek export…

By Paula Garda, OECD Economics Department Labour markets are in a continual state of flux. Workers get employed, leave a job and become unemployed, join the labour force or leave the labour force. The balance of these flows determines…

by David Carey and Andrew Barker, New Zealand Desk, OECD Economics Department In real terms, house prices in New Zealand increased more than in any other OECD country between 2010 and 2016 (Figure 1). While house price increases have…

by Zuzana Smidova, Estonia Desk, OECD Economics Department International trade plays an important role in the Estonian economy (Figure 1). Around a half of the private sector employment is sustained by foreign demand, twice as much as…

By Fabio Manca Italy has only just started to recover from the Global Financial Crisis with moderate improvements in both economic growth and labour market performance. While the crisis put an extraordinary stress on Italy’s…

The OECD Guidelines for Multinational Enterprises (OECD Guidelines) and their National Contact Points (NCPs), through which NGOs, unions and communities can submit complaints about corporate behaviour, are often mentioned in the context…

by Nicola Brandt, France Desk, Country Studies Branch, OECD Economics Department While overall poverty is relatively low in France, it can be highly concentrated at the neighbourhood level. In some cases the income of up to 40% of…

by Yvan Guillemette, OECD Economics Department Concerns around weak productivity growth are everywhere these days. As the latest OECD Economic Outlook notes, since the mid-2000s, productivity growth has been markedly lower than at any…

by Falilou Fall, Head of Czech Desk, OECD Economics Department Growth, driven by both internal and external demand, has been accelerating since 2013 and at 4.6% in 2017 it was more balanced than in previous years. Household consumption…

Renewable-energy technologies are critically important, both in addressing the risks of climate change and achieving Sustainable Development Goal number 7 (SDG7,) relative to affordable and clean energy. They have also become…

by Pierre Beynet, Head of Division, Country Studies Branch, OECD Economics Department Almost 10 years after the outset of the financial crisis in summer 2008, European growth remains modest, constantly underperforming the OECD average.…

by Jan Stráský, Economist, OECD Economics Department Labour market mobility in the European Union is increasing (Figure 1), but it remains too low to provide sufficient adjustment in the face of diverging labour market developments. This…

Overview Search.gov is a search engine supporting one third of federal domains. This gives us a bird's-eye view of how the public interacts with government when searching a wide range of topics. This report presents our…

by Gabriel Machlica, Slovak Republic Desk, OECD Economics Department Slovakia’s economy continues to perform extremely well. More and more people are able to find jobs. Employment and hours worked are already at the highest since…

by Catherine L Mann, OECD Chief Economist and Head of OECD Economics Department For the last five years the global economy has been in a low-growth trap, with growth disappointingly low and stuck at around 3 per cent per year. Persistent…

This blog is part of the Wikiprogress Environment Series Global Health Institute, University of Wisconsin-Madison The Outcome Document from the recent Rio+20 Summit, “The Future We Want”, recognises that health is both a…

By Andres Fuentes, Head of German Desk, OECD Economics Department The German economy has steadily recovered from the 2008 global crisis. Thanks to past reforms, the labour market has proved strong and export performance has been…

By Frédéric Wehrlé and Hans Christiansen, OECD Directorate for Financial and Enterprise AffairsFor most of the past half century, countries around the world have gradually opened up to foreign investment, and with good effect. Investment…

This blog, written by David Satterthwaite with the International Institute for Environment and Development (IIED), discusses what indicators are needed in order to assess the quality of life of the urban poor. The post is part of the…

By Bill Below, OECD Directorate for Public Governance and Territorial DevelopmentdPublic trust is not doing well in many modern democracies. If it is the canary in the coal mine, in survey after survey, the canary has been brought up…

by Yvan Guillemette and Thomas Chalaux, OECD Economics Department To assess the cyclical position of an economy, macroeconomists use a concept called potential output, which measures the economy’s production rate that is consistent with…

by Rory O’Farrell, Slovenia Desk, OECD Economics Department Slovenia would do well if its economy performed as well as its ski-jumpers. In 2015, Slovenian Peter Prevc became the first ski-jumper in history to jump 250 metres. As…