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  • 1
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 52 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.274
    Keywords: Economics
    Abstract: This paper reviews the accuracy of the OECD Economic Outlook projections — both “current year” and “year ahead” — for output growth, inflation and current account balances (as a percentage of GDP) for the major seven countries, as well as projections for world trade growth. The sample period differs somewhat between the variables, depending on data availability, but it runs until 1998 in all cases. Several evaluation criteria were used to assess the accuracy of the OECD Economic Outlook projections. These include an inspection of projection error summary statistics; comparisons with “naive” alternative forecasts; statistical tests for unbiasedness and efficiency; and testing for directional accuracy. In addition, the paper provides an examination of the performance of OECD Economic Outlook projections over different time periods. The findings suggest that, on the basis of the conventional statistical criteria, the current year projections outperform the year ahead projections ...
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  • 2
    Language: English
    Pages: 1 Online-Ressource (57 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1753
    Keywords: Digitalisierung ; Produktivität ; Litauen ; Economics ; Lithuania
    Abstract: Lithuania is digitalising its economy with visible success, but much scope remains for the integration of advanced technologies. The COVID-19 crisis confirmed the importance of digitalisation to sustain activity. Increased private investment in innovation is essential to speed up digitalisation. The take-up of R&D tax incentives is low, however, despite relatively generous provisions, and many smaller firms have not been inclined to innovate. More effective public support for business R&D and stronger research-business collaboration on innovation are important. There is also a need to promote digital uptake, especially among smaller firms that lag behind. Improving access to equity finance for young innovative firms, reducing remaining gaps in digital infrastructure, along with better information on digital tools and how to use them, can help smaller firms digitalise. The public sector too has to become more digitalised. Addressing weaknesses in foundational skills through education reforms and responding more effectively to labour market needs for digital skills would enable a wider adoption of advanced technologies and higher productivity growth, while ensuring that the digitalisation dividends are distributed fairly. Increased participation in adult learning, especially among the less educated, is the way forward to adapt to increased job automation in the digital era.
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  • 3
    Language: English
    Pages: 1 Online-Ressource (circa 60 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1529
    Keywords: Berufsbildung ; Produktivitätsentwicklung ; Aktivierende Arbeitsmarktpolitik ; Arbeitnehmerschutz ; Arbeitsmarktintegration ; Litauen ; Economics ; Lithuania ; Amtsdruckschrift ; Graue Literatur
    Abstract: Productivity growth in Lithuania has slowed in the aftermath of the global financial crisis, holding back income convergence and making it harder to reduce further the relatively high inequality and poverty. A comprehensive approach is required to address productivity and inclusiveness challenges, building on their synergies. The government has taken measures to this end, with the New Social Model at the core, but efforts need to continue. Reforms should focus on additional improvements in the business environment by easing further regulations on the employment of non-EU workers and reducing informality. Initiatives to improve the governance of state-owned enterprises are welcome and need to continue. Improving access to finance and ensuring effective bankruptcy procedures are key to boosting firm dynamism, as are measures to encourage business-research sector collaboration on innovation. Addressing large skills mismatch is also a priority. Increasing the market-relevance of the education system is important. More and better-quality jobs in the formal sector, especially for the low-skilled, are key to inclusiveness and well-being, while more effective support and active labour market programmes would help combating poverty. This Working Paper relates to the 2018 OECD Economic Survey of Lithuania (www.oecd.org/eco/surveys/economic-survey-ireland.htm)
    Note: Zusammenfassung in französischer Sprache
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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  • 4
    Language: English
    Pages: 1 Online-Ressource (circa 47 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1582
    Keywords: Economics ; Iceland ; Amtsdruckschrift ; Graue Literatur
    Abstract: Strong and relevant skills are vital for helping Iceland to adjust to rapidly changing technology and competition in the world economy and safeguard high prosperity and well-being. Many students, especially those with an immigration background, lack solid core skills and competences that weakens the skills-base. Vocational and tertiary education do not always provide skills needed by the labour market. A comprehensive approach is required to strengthen skills, based on systematic assessment and forecasting exercises. This should include measures to improve teaching quality, including through stronger professional development, and ensure its equitable distribution; strengthen the work-based component of vocational training; and ensure that tertiary education provides the right skills. Beyond education, effective re-skilling and up-skilling programmes, including for immigrant workers, and strong work incentives are essential for further skill development and to help make the best use of existing skills. This Working Paper relates to the 2019 OECD Economic Survey of Iceland http://www.oecd.org/economy/iceland-economic-snapshot/
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  • 5
    Online Resource
    Online Resource
    Paris : OECD, Economics Dep.
    Language: English
    Pages: Online-Ressource (58 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1025
    Keywords: Produktivität ; Australien ; Economics ; Australia ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken over time. Recent efforts by the government are welcome. Ensuring responsive, high quality, vocational and higher education systems is indispensable to long-term growth. Raising the completion rate of vocational students, and enhancing the level of collaboration among the key innovation players are priorities. The productivityenhancing effects of infrastructure could be boosted by more effective and strategic planning, new sources of funding, and better use of existing capacity. Efficient pricing for infrastructure services and rapid progress towards harmonisation of regulations across states would boost competition and productivity.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 6
    Language: English
    Pages: 1 Online-Ressource (circa 41 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1391
    Keywords: Technologiepolitik ; Wissenstransfer ; Kommerzialisierung ; Australien ; Economics ; Australia ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: R&D activity can play a central role in raising productivity. Australia compares well in terms of research excellence. However, there is scope for better translation of publicly funded research into commercial outcomes. Strengthening incentives for collaborative research is essential. A simpler funding system for university research that provides sharper and more transparent incentives for research partnerships is important in this regard. Research-business linkages would also be boosted by more effective programmes encouraging business to collaborate, measures promoting greater mobility of researchers between the two sectors, and steps to ensure that intellectual property arrangements are not a barrier to knowledge. In Australia financial support for encouraging business innovation relies mostly on an R&D tax incentive; raising additionality and reducing compliance costs would enhance the effectiveness of the scheme. Maximising the benefits from public investment in research further hinges upon a well-coordinated science, research and innovation system through a “whole-of-government” approach and consolidating certain programmes. Reform initiatives underway, notably those in the National Innovation and Science Agenda, are welcome.
    Note: Zusammenfassung in französischer Sprache
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  • 7
    Language: English
    Pages: 1 Online-Ressource (circa 44 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1649
    Keywords: active labour market policies ; benefits ; education ; healthcare ; long-term care ; pensions ; poverty ; social services ; transfer system ; work incentives ; Lithuania ; Economics ; Amtsdruckschrift ; Graue Literatur
    Abstract: Reducing poverty remains an important challenge, and the COVID-19-crisis may further reinforce social vulnerabilities. Although it has declined lately, relative poverty remains high in international comparison and is distributed unevenly across population groups with the elderly, people with disabilities, lone parents, the low-educated and the unemployed being particularly affected. A comprehensive approach is required to ensure an effective transition out of poverty and social exclusion. Reforms should strengthen income protection by ensuring that cash benefits provide adequate and tailored support to those in need. An individual-based approach is also essential for the provision of social services to reduce deficits in important areas such as social housing and long-term care for the elderly. Equity in educational opportunity and outcomes could be strengthened further, starting at the early school years, as not all children benefit from early childhood education and care services. Progress in this domain is also crucial for striking a better work-family balance and improving work incentives. More and better quality jobs in the formal sector, especially for the low-skilled, are crucial for reducing poverty. Enlarged participation in life-long learning programmes can help re-skilling and up-skilling towards higher incomes. Increased spending on well-designed labour market activation policies is also important for tackling poverty effectively.
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  • 8
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 44 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.678
    Keywords: Economics ; Australia
    Abstract: The Australian education system fares well in international comparison with regards to PISA test scores and the higher education system attracts an increasing number of foreign students. Vocational education and training (VET) is an important part of the post–secondary education system, equipping individuals with the skills to enter or re–enter the labour force and offering a pathway to further education. However, a number of challenges need to be addressed. Reducing complexity and fragmentation and tackling issues of under–supply and under–representation of children from disadvantaged groups in the early childhood education and care system is of major importance, given the beneficial impact of early education on outcomes later in life. A key challenge for the school sector is to reduce the achievement gaps of the lowest performing students, while improving overall literacy and numeracy outcomes. Greater autonomy at the school level and improvements in teaching quality would help in this regard. Enhancing the capacity of the VET system to address skill shortages is another key priority. The low rate of completion of training courses is an additional policy issue facing the sector. Finally, moving towards a less rigid policy framework for higher education would enhance flexibility and diversity, making the system more responsive to labour market needs and globalisation challenges. The promotion of a highquality education system that responds swiftly to changing skill needs is a top priority of the new government. The “Education Revolution”, backed by the Council of Australian Governments (COAG), pursues reforms across all sectors of the education system, an important objective being the closing of the gap for the indigenous population.
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  • 9
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 852
    Keywords: Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 10
    Language: English
    Pages: Online-Ressource (73 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1106
    Keywords: Gesundheitsversorgung ; Rentenpolitik ; Aktivierende Arbeitsmarktpolitik ; Steuervermeidung ; Soziale Ungleichheit ; Arbeitsmarkt ; Öffentliche Sozialleistungen ; Arbeitsschutz ; Armut ; Verteilungswirkung ; Griechenland ; Employment ; Social Issues/Migration/Health ; Economics ; Greece ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Poverty and income inequality have worsened since the onset of the crisis. While the design of fiscal measures has mitigated the burden sharing of fiscal adjustment, as the recession has deepened unemployment has risen, earnings have declined and social tensions have increased. Getting people back to work and supporting the most vulnerable remain priorities for inclusive growth and distributing the costs of adjustment equitably. Within the limited fiscal space this calls for continued reforms in targeting social support, especially housing benefits, extending unemployment insurance and introducing a means-tested minimum income. Sustaining universal access to good health care is also essential. Well-designed activation policies are important to bring the unemployed, especially the young, to work. At the same time, it is important to strengthen the effectiveness of the labour inspection to ensure full enforcement of the labour code. Decisive steps to contain tax evasion are also critical to social fairness. Reforms by the government in many of these areas are welcome and need to continue.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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