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  • 101
    Language: English
    Pages: 1 Online-Ressource (62 p.) , 21 x 28cm.
    Series Statement: OECD Science, Technology and Industry Policy Papers no.156
    Keywords: Economics ; Science and Technology ; Governance ; Austria ; Finland ; Sweden
    Abstract: Governments are increasingly utilising research and innovation (R&I) policy to foster economic and societal change. Yet, the empirical correlation between these policies and socio-technical transformations remains under-explored. The report investigates this relationship by comparing the Recovery and Resilience Plans (RRPs) of Austria, Finland and Sweden, initiated under the NextGenerationEU framework post Covid-19. The report finds significant disparities in the content, process and transformative value of the RRPs among these countries. The differences in the content of the national RRPs, and the ability and willingness to seize the opportunity presented by the RRPs to drive transformation, are explained by existing national policy contexts and frameworks. Surprisingly, the role of R&I policy in the RRPs is less important than expected, despite its emphasised importance in literature and political rhetoric. The report further identifies implications for a transformative innovation policy as well as areas for further research.
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  • 102
    Language: English
    Pages: 1 Online-Ressource (44 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1769
    Keywords: Economics
    Abstract: The increase in institutional ownership, the shift towards passive portfolio management and the rise of common ownership have transformed OECD countries financial markets in the last decades. The paper investigates the potential consequences of these transformations on firm's productivity, using granular data on firms financial and ownership structure as well as a variety of econometric methods. The analysis suggests that the rise of institutional investors is overall not a major concern from a productivity standpoint: firms displaying higher institutional ownership tend to have higher productivity levels and growth rates compared to their peers, though the positive relationship tends to vanish when institutional investors' time horizon is short. Moreover, inter-industry common ownership is related to higher firm-level productivity and this positive relation is stronger for firms operating in intangible-intensive and digital sectors, potentially hinting to an easing of vertical relationships and/or technological spillovers when firms operating in different sectors are owned by the same equity holders. On the contrary, the correlation with intra-industry common ownership appears negative, though not always significantly, potentially due to lower competition.
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  • 103
    Language: English
    Pages: 1 Online-Ressource (95 p.) , 21 x 28cm.
    Series Statement: OECD SME and Entrepreneurship Papers no.44
    Keywords: Economics ; United States
    Abstract: This paper analyses persistence and change in the regional league table of entrepreneurship performance in the United States in comparison with England and Wales and West Germany. It examines whether regional rankings in start-up and self-employment rates in the United States are as sticky over time as in these European countries over approximately century, half-century and 30-year periods, or whether the United States is different. It identifies the types of regions that improve markedly ("leapfroggers") or decline sharply ("plungers") in their league table positions and the reasons for these changes and compares the countries on these issues. The paper draws out policy implications on regional levelling-up of entrepreneurship activity. It also sets out an agenda for further research.
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  • 104
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264375505
    Language: Spanish
    Pages: 1 Online-Ressource (157 p.) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe OECD Economic Surveys: Peru 2023
    Keywords: Economics ; Peru
    Abstract: El sólido marco macroeconómico de Perú ha impulsado un crecimiento económico sustancial y la reducción de la pobreza en las últimas dos décadas. Si bien la economía se recuperó rápidamente de la pandemia, esta reveló debilidades estructurales, como la alta informalidad y marcadas disparidades regionales en el acceso a servicios públicos. Más recientemente, el crecimiento se ha desacelerado y la inflación sigue siendo alta aunque está disminuyendo. Mirando hacia el futuro, los principales desafíos para aumentar la productividad y la inversión incluyen fortalecer la competencia, mejorar el marco regulatorio, diversificar las exportaciones y mejorar la infraestructura. Mejoras en la gobernanza y el estado de derecho son pilares esenciales para lograr un crecimiento sostenible a largo plazo y la cohesión social. Expandir el acceso a una educación de calidad, reducir las contribuciones sociales, especialmente para los trabajadores de bajos ingresos, y proporcionar un nivel básico de protección social universal para todos los trabajadores, formales e informales por igual, ayudaría a reducir la amplia informalidad y las desigualdades. Esto requerirá aumentar los ingresos tributarios y mejorar la eficiencia del gasto. Los desafíos y riesgos ambientales son importantes, pero también ofrecen oportunidades significativas para el futuro. Para abordar los desafíos ambientales, Perú necesita frenar la deforestación y aprovechar su potencial de energía renovable para reducir la dependencia de los combustibles fósiles. CARACTERÍSTICAS ESPECIALES: AUMENTAR LA PRODUCTIVIDAD, AMPLIAR LA PROTECCIÓN SOCIAL, REDUCIR LA INFORMALIDAD LABORAL
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  • 105
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 2 | volume:23 | year:2023 | number:2
    Language: English
    Pages: 1 Online-Ressource (18 p.)
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 2
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:2
    Keywords: Economics ; Finance and Investment ; Governance
    Abstract: The economic and fiscal costs of gender inequalities, such as the gender employment gap, are high. Intersectional analysis improves understanding of gender gaps and the measures needed to address them. This paper looks at how gender budgeting can be expanded to include intersectional analysis, allowing for consideration of how gender inequalities intersect with inequalities based on race, socioeconomic class, sexual orientation and disability. It provides examples from governments that have started to incorporate an intersectional approach to gender budgeting. It also highlights the main benefits and challenges associated with intersectional analysis and considers what governments can do to support an intersectional approach to gender budgeting.
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  • 106
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 2 | volume:23 | year:2023 | number:2
    Language: English
    Pages: 1 Online-Ressource (34 p.) , 21 x 28cm.
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 2
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:2
    Keywords: Economics ; Finance and Investment ; Governance
    Abstract: This journal article presents a set of high-level good budgeting practices in the health sector. The purpose of these good practices is to support countries in assessing their own budgeting arrangements for health, and in designing budgeting reforms. The article builds on 10 years of work by the OECD Joint Network of Senior Budget and Health Officials.
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  • 107
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 3 | volume:23 | year:2023 | number:3
    Language: English
    Pages: 1 Online-Ressource (24 p.)
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 3
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:3
    Keywords: Economics ; Finance and Investment ; Governance
    Abstract: This paper, based on preliminary results of the 2023 OECD SBO Survey on Budget Frameworks, takes stock of OECD countries’ practices in top-down and medium-term budgeting. It shows that OECD countries’ fiscal frameworks can be characterised by strong reliance on multiple fiscal rules or objectives for enforcing fiscal discipline, with medium-term and top-down budgeting not used yet to their full potential in some countries. Drawing on the OECD Spending Better Framework, this paper advises that countries that wish to strengthen their fiscal frameworks reinforce the processes and institutions that underpin effective medium-term and top-down budgeting systems. Central to this is producing and publishing more regularly baseline projections of government expenditures and setting credible multi-year expenditure ceilings that serve as stringent guidelines for budget planning, while also allowing for some degree of flexibility under clearly defined conditions.
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  • 108
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 3 | volume:23 | year:2023 | number:3
    Language: English
    Pages: 1 Online-Ressource (17 p.)
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 3
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:3
    Keywords: Economics ; Finance and Investment ; Governance
    Abstract: For implementing their economic and social policies, governments have traditionally relied on direct spending but increasingly use “non-standard” policy instruments, such as loans and guarantees. However, in many OECD countries, loans and guarantees are not yet submitted to the same scrutiny than direct spending as part of the budget process, and future costs associated with the use of these policy instruments are often not estimated, nor provisioned, making them appear initially costless. In turn, this generates risks of potentially biased budgetary decision making, deviations from medium-term spending plans and limited transparency. Considering experiences of OECD countries, this paper advises that budget offices take a leading role in proposing budgetary treatments for loans and guarantees that ensure an even-level playing field with traditional spending and put considerations of efficiency of spending above optimisation of short-term fiscal outcomes.
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  • 109
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 2 | volume:23 | year:2023 | number:2
    Language: English
    Pages: 1 Online-Ressource (43 p.) , 21 x 28cm.
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 2
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:2
    Keywords: Economics ; Finance and Investment ; Governance
    Abstract: This paper outlines key issues and provides insights to government leaders looking to design and implement initiatives that require joint working across public agencies. The first part of this paper defines key concepts and explores the benefits and related costs of cross-agency initiatives. The second discusses various contextual elements that need to be considered when making decisions about how to design cross-agency initiatives, including the nature of the objectives, the systems of government, and relationships among potential partners. The third section looks at different models across four fundamental elements: governance; people (team support), funding, and performance monitoring. The final section looks at some of the main systemic elements that can support cross-agency initiatives success.
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  • 110
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 1 | volume:23 | year:2023 | number:1
    Language: English
    Pages: 1 Online-Ressource (36 p.)
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 1
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:1
    Keywords: Finance and Investment ; Governance ; Economics
    Abstract: This paper provides good-practice guidelines for parliamentary budget officials and independent fiscal institutions (IFIs) that estimate the costs of policy proposals. It covers topics including which costs to capture, how to handle behavioural responses and macroeconomic feedback, how to communicate results, and how to work with stakeholders. It also contains a section on the special considerations for costing election platforms.
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  • 111
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal on budgeting 23(2023), 2 vom: 21. Juni, Artikel-ID 6, Seite 1-15 | volume:23 | year:2023 | number:2 | day:21 | month:06 | elocationid:6 | pages:1-15
    ISSN: 1681-2336
    Language: English
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: 23(2023), 2 vom: 21. Juni, Artikel-ID 6, Seite 1-15
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:2
    Angaben zur Quelle: day:21
    Angaben zur Quelle: month:06
    Angaben zur Quelle: elocationid:6
    Angaben zur Quelle: pages:1-15
    Keywords: Finance and Investment ; Governance ; Economics ; Aufsatz in Zeitschrift
    Abstract: This paper explores how Early Childhood Education and Childcare (ECEC) can be more effectively financed and delivered to promote human capital development, economic growth and well-being. It discusses evidence showing that quality ECEC contributes to better education outcomes and higher future earnings, particularly for socio-economically disadvantaged children. Yet it identifies challenges in delivering ECEC services, including uneven coverage and lack of affordability in many OECD countries, necessitating intergovernmental fiscal co-operation. In the wake of the COVID-19 pandemic’s disruptive effects on children’s learning and future GDP, the paper underscores the urgent need for effective policy interventions. These include augmenting public spending, implementing equitable fiscal governance models, enhancing the affordability of services and establishing robust monitoring systems. By addressing these issues, the paper posits that we can ensure equitable access to high-quality ECEC and fortify the resilience of our education systems for future generations.
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  • 112
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    Online Resource
    Paris : OECD Publishing
    In:  Vol. 23, no. 1 | volume:23 | year:2023 | number:1
    Language: French
    Pages: 1 Online-Ressource (20 p.)
    Parallel Title: Parallele Sprachausgabe OECD Best Practices for Gender Budgeting
    Angaben zur Quelle: Vol. 23, no. 1
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:1
    Keywords: Finance and Investment ; Governance ; Economics
    Abstract: Ce document présente les bonnes pratiques en matière de budgétisation sensible au genre dans les pays de l'OCDE, qui regroupent les éléments essentiels communs nécessaires à une mise en œuvre réussie d’une budgétisation sensible au genre. Ces bonnes pratiques identifient les éléments qui contribuent à la durabilité de la budgétisation sensible au genre et aident les gouvernements à s'assurer que le budget participe à la réalisation d'objectifs plus larges liés à l'égalité des genres, tels que la participation des femmes au marché du travail. Les bonnes pratiques s'inspirent des pratiques de budgétisation sensible au genre dans les pays membres de l’OCDE ainsi que des travaux menés avec les pays pour la conception et la mise en œuvre de la budgétisation sensible au genre.
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  • 113
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 1 | volume:23 | year:2023 | number:1
    Language: English
    Pages: 1 Online-Ressource (9 p.)
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 1
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:1
    Keywords: Finance and Investment ; Governance ; Economics
    Abstract: Legislatures’ “power of the purse”, the ability to tax and spend public money, is enshrined in constitutions worldwide as a cornerstone of legislative power in democratic countries. Their role across the budget cycle is a fundamentally important national concern, lying at the heart of issues such as transparency, inclusiveness and democratic accountability. Despite different historical, constitutional, and political contexts, common features for parliaments to play an effective role in budgeting have emerged from experiences across OECD countries.
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  • 114
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 1 | volume:23 | year:2023 | number:1
    Language: English
    Pages: 1 Online-Ressource (17 p.)
    Parallel Title: Parallele Sprachausgabe Bonnes pratiques de l’OCDE en matière de budgétisation sensible au genre
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 1
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:1
    Keywords: Finance and Investment ; Governance ; Economics
    Abstract: This paper presents best practices for gender budgeting in OECD countries, consisting of the core features common to successful implementation of gender budgeting. These best practices identify elements that contribute to the sustainability of gender budgeting and help governments ensure that the budget helps achieve broader government objectives relating to gender equality, such as women’s participation in the labour market. The best practices draw on gender budgeting practices in Member countries and the OECD’s work with countries in designing and implementing gender budgeting.
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  • 115
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD Journal on Budgeting Vol. 23, no. 1 | volume:23 | year:2023 | number:1
    Language: English
    Pages: 1 Online-Ressource (14 p.)
    Titel der Quelle: OECD Journal on Budgeting
    Angaben zur Quelle: Vol. 23, no. 1
    Angaben zur Quelle: volume:23
    Angaben zur Quelle: year:2023
    Angaben zur Quelle: number:1
    Keywords: Finance and Investment ; Governance ; Economics
    Abstract: A new trend is appearing in government budgets: using the budget process to help transform society and achieve results in relation to cross-cutting government goals, referred to in this paper as “transformational agendas”, often seeking to overcome persistent economic, social or environmental issues, which require action from across different policy areas. Transformational budgeting is a holistic approach to budgeting that helps align disparate activities with central goals, or agendas. The paper reviews how budget processes have evolved in modern public finance, with a view to enhancing the efficient and effective use of inputs to deliver results. It presents the emergence of transformational budgeting as a tool to help transform societies in response to new global agendas, such as the SDGs. The paper showcases transformational budgeting in practice, drawing on experiences from Spain.
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  • 116
    Language: English
    Pages: 1 Online-Ressource (48 p.) , 21 x 28cm.
    Series Statement: OECD Statistics Working Papers no.2022/01
    Keywords: Economics
    Abstract: In light of the need for detailed and timely internationally comparable trade price indices, this paper describes a multi-tiered methodology to mitigate many of the empirical challenges associated with using customs data, to provide more robust estimates of unit value indices (UVIs) by country and product. UVIs are available for both exports and imports, by reporting country and the CPA 2-digit level of classification. Although the approach cannot capture changes in the quality of products nor compositional changes happening at a lower than HS 6-digit classification, the results indicate that at higher levels of aggregation (SITC 1-digit level), estimated UVIs closely follow price changes obtained from other sources. This is observed both for products with significant and rapid quality changes, such as hi-tech products, and for products with a low rate of quality changes, such as commodities, other primary and low-tech goods. Furthermore, products where little quality change occurs over time show similarity between UVIs and price changes from other sources at lower levels of disaggregation. The methodology is used to produce the Merchandise Trade Price Index and the data is made publically available on .Stat under the International Trade and Balance of Payments heading.
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  • 117
    Language: English
    Pages: 1 Online-Ressource (129 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1714
    Keywords: Economics
    Abstract: Using new surveys on more than 40 000 respondents in twenty countries that account for 72% of global CO2 emissions, we study the understanding of and attitudes toward climate change and climate policies. We show that, across countries, support for climate policies hinges on three key factors: the perceived effectiveness of the policies in reducing emissions, their perceived distributional impacts on lower-income households (inequality concerns), and their own household’s gains and losses. We also show that information that specifically addresses these key concerns can substantially increase the support for climate policies in many countries. Explaining how policies work and who can benefit from them is critical to foster policy support. Simply making people more worried about climate change is not an effective strategy to foster policy support. Furthermore, we identify several socioeconomic and lifestyle factors – most notably education, political leanings, car usage, and availability of public transportation – that are significantly correlated with both policy views and overall reasoning and beliefs about climate policies. Yet, it is difficult to predict beliefs or policy views based on these characteristics only.
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  • 118
    Language: English
    Pages: 1 Online-Ressource (23 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1712
    Keywords: Economics ; Latvia
    Abstract: This paper investigates factors that contribute to the survival of export relationships at the firm and product levels using a large anonymised firm-level database for Latvia. It finds that some characteristics of exporting firms, such as a higher productivity level, larger size, lower indebtedness and higher profitability are associated with longer duration of export relationships. Firms that innovated prior to exporting are also likely to enjoy longer export spells, while participation in an EU-fund support programme did not alter duration. Younger staff and management of the firm are associated with a better survival of a new export product. Furthermore, this paper reveals novel roles of export product characteristics in survival, in particular an interesting tension between the complexity of new export products and their “distance” from the existing export bundle. While aiming high, that is, exporting products that are more complex, pays off as such products are associated with longer-lasting trade relationships, aiming too high, that is exporting new products that are far more complex than the exporter’s existing product bundle, tends to lower their survival probability.
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  • 119
    Language: English
    Pages: 1 Online-Ressource (40 Seiten) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1719
    Keywords: Economics
    Abstract: International trade has supported economic convergence and poverty reductions in many emerging market economies. Nonetheless, there are significant challenges during the transition towards a more open economy. Reallocations of resources and structural change are one key source of aggregate productivity improvements, but they will come with adjustment costs. Less competitive firms and sectors may decline, while more competitive sectors will have to adapt and seize new opportunities from trade and global value chains. Some workers will move to more productive firms, change occupations, sectors or even location. Non-trade policies can help to smooth these challenges and support workers seize new opportunities. This paper reviews the existing literature on how policy reforms have managed to support structural change of economies.
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  • 120
    Language: French
    Pages: 1 Online-Ressource (8 p.) , 21 x 28cm.
    Series Statement: Les réponses de l’OCDE face aux conséquences de la guerre en Ukraine
    Parallel Title: Parallele Sprachausgabe Potential spatial impacts of the war in Ukraine (Abridged version): A case study from Italy
    Keywords: Economics ; Science and Technology ; Industry and Services ; Italy ; Russian Federation ; Ukraine
    Abstract: Les conséquences de la guerre en Ukraine seront sévèrement ressenties au sein des économies de l'OCDE, en particulier dans les régions frontalières qui se trouvent en première ligne de la crise humanitaire des réfugiés. Les conséquences économiques, en particulier celles liées à la hausse des prix de l'énergie, seront également différenciées au niveau géographique, touchant certaines régions plus que d'autres. L'Italie ne fait pas exception, les industries les plus consommatrices de gaz étant concentrées dans les régions du nord, tandis que les productions alimentaires à base de blé et l'agriculture prédominent dans les régions du sud et les îles. Bien que, dans l'ensemble, la Russie ne représente qu'une part mineure des exportations italiennes, certaines régions et industries sont plus vulnérables que d'autres à la baisse des échanges bilatéraux, notamment les destinations prisées par les touristes russes, dont les dépenses par habitant sont élevées.
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  • 121
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (28 p.) , 21 x 28cm.
    Series Statement: OECD Local Economic and Employment Development (LEED) Papers no.2022/08
    Keywords: Economics ; Urban, Rural and Regional Development ; Science and Technology ; Industry and Services ; Italy
    Abstract: The impacts of the war in Ukraine will be felt severely within OECD economies, especially in border regions on the front-line of the humanitarian refugee crisis. The economic impacts, in particular those driven by rising energy prices, will also be spatially differentiated, affecting some regions more than others. Italy is no exception, with gas-intensive industries concentrated in northern regions, and wheat-based food and farming prevailing in southern regions and islands. While, overall, Russia accounted for a minor share of Italian exports, some regions and industries are more vulnerable than others to falls in bilateral trade, including destinations popular with high per-capita expenditure Russian tourists.
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  • 122
    Language: English
    Pages: 1 Online-Ressource (31 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1709
    Keywords: Economics
    Abstract: This paper provides a new measure of human capital using PISA and PIAAC surveys, and mean years of schooling. The new measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population and the corresponding mean years of schooling (representing the quantity of education). In contrast to the existing literature, the relative weights of each component are not imposed or calibrated but directly estimated. The paper finds that the elasticity of the stock of human capital with respect to the quality of education is three to four times larger than for the quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much greater from improvements in the quality than quantity component of human capital. The magnitude of these potential gains in MFP is comparable to a similarly standardised improvement in product market regulation, but the effects materialise with much longer lags. The paper demonstrates through the example of pre-primary education, how to simulate the impact of a particular reform to education policy on human capital and productivity.
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  • 123
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264852600 , 9789264768765 , 9789264765122
    Language: French
    Pages: 1 Online-Ressource (88 p.) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe Estudios Económicos de la OCDE: Colombia 2022
    Parallel Title: Parallele Sprachausgabe OECD Economic Surveys: Colombia 2022
    Keywords: Economics ; Colombia
    Abstract: La Colombie a connu un redressement économique remarquable après la crise liée au COVID-19, et l’ampleur des mesures de soutien budgétaire et monétaire a permis d’éviter une plus forte contraction des revenus. La solidité des cadres d’action macroéconomique ouvre la voie à un redressement continu de la demande intérieure, même s’il faudra prendre des mesures supplémentaires pour assurer la viabilité des comptes budgétaires. Néanmoins, à plus longue échéance, la croissance comme l’inclusion sociale sont entravées par les carences des politiques structurelles, qui excluent de l’emploi formel et de la protection sociale plus de la moitié des personnes exerçant une activité rémunérée, tout en empêchant les entreprises de se développer et de gagner en productivité. Rompre ce cercle vicieux en adoptant des réformes ambitieuses permettrait à la Colombie de progresser considérablement en termes de bien-être matériel. Pour renforcer la croissance de la productivité, il faudra également rendre la réglementation plus transparente et plus propice au jeu de la concurrence, tout en s’engageant plus pleinement sur la voie de l’internationalisation, notamment en réduisant nettement les obstacles aux échanges. Les autorités pourraient renforcer davantage les institutions en protégeant plus efficacement les lanceurs d’alerte et en améliorant les règles de financement des campagnes politiques. Pour atteindre les objectifs ambitieux liés au climat qu’elle s’est fixés, la Colombie devra redoubler d’efforts afin de juguler la déforestation.
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  • 124
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (86 p.) , 21 x 28cm.
    Series Statement: OECD SME and Entrepreneurship Papers no.35
    Keywords: Mittelstandsfinanzierung ; Umweltschutzinvestition ; Welt ; Economics ; Industry and Services ; Environment ; Finance and Investment
    Abstract: Addressing the climate crisis requires the net zero transition of millions of SMEs globally. SMEs have a significant aggregate environmental footprint and need to adopt cleaner business models. As eco-entrepreneurs and eco-innovators, they also have a key role to play in devising innovative climate solutions. Access to finance is essential for SME investments in net zero, but small businesses face considerable challenges in tapping into the growing pool of sustainable finance. This challenge is likely to grow as financial institutions seek to comply with mandatory environmental reporting requirements. This policy paper examines the sustainable finance landscape for SMEs, the various actors in the ecosystem and the key drivers and barriers affecting the supply of and demand for sustainable finance. It provides an overview of the key policies and instruments in place to support SME access to sustainable finance and identifies considerations for future public support and policy making.
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  • 125
    Language: English
    Pages: 1 Online-Ressource (20 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1739
    Keywords: Economics ; Korea, Republic of
    Abstract: Using micro-data from the OECD Survey of Adult Skills (PIAAC), this paper seeks to answer how age, gender and childbirth are reflected in literacy proficiency, employment prospects and pay, and to which extent labour market outcomes are determined by these demographic profiles rather than education, skills and experience. It finds that literacy skills and tertiary education, objective measures of skills, which are highly correlated with employment and productivity in most OECD countries, do not significantly affect the likelihood of employment in Korea. Work experience and educational level are highly correlated with pay. Age, gender and parenthood are strongly correlated with both pay and employment. The weak link between objective skills and labour market outcomes points to a misallocation of human capital and likely a substantial loss of productivity.
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  • 126
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: French
    Pages: 1 Online-Ressource (8 p.) , 21 x 28cm.
    Series Statement: Les réponses de l’OCDE face aux conséquences de la guerre en Ukraine
    Parallel Title: Parallele Sprachausgabe Звертаємося до регіонів та органів місцевого самоврядування для відбудови України
    Parallel Title: Parallele Sprachausgabe Turning to regions and local governments to rebuild Ukraine
    Keywords: Economics ; Urban, Rural and Regional Development ; Governance ; Ukraine
    Abstract: Cette note met en évidence la manière dont les réformes de développement régional et de décentralisation en Ukraine, adoptées après la révolution de Maïdan de 2014, ont contribué à la résilience des régions et municipalités du pays après la guerre d'agression de la Russie contre l'Ukraine. Basé sur le rapport de l'OCDE Rebuilding Ukraine by Reinforcing Regional and Municipal Governance (Reconstruire l'Ukraine en renforçant la gouvernance régionale et municipale), cette note démontre également la manière dont les réformes de gouvernance à plusieurs niveaux en Ukraine, mises en œuvre après 2014, peuvent servir de levier pour une reconstruction et une reprise efficaces au niveau infranational. Enfin, elle présente des recommandations concrètes sur la manière dont les décideurs politiques peuvent s’appuyer sur l’expertise locale et renforcer les capacités au niveau infranational pour concevoir et mettre en œuvre des projets de reconstruction et en suivre les progrès, ainsi que contribuer à un développement régional et local durable à plus long terme.
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  • 127
    Language: English
    Pages: 1 Online-Ressource (35 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1734
    Keywords: Economics ; Mexico
    Abstract: This paper estimates the pass-through of monetary policy rates into five lending rates in Mexico using auto regressive distributed lags models (ARDLs) and taking into account several financial market characteristics. Results show that the pass-through of monetary policy into the average short-term lending rate is full and fast, as it takes around 3 months to be fully transmitted. However, the pass-through is heterogeneous across credit markets, being especially weak in the mortgage and automotive credit markets. A higher market concentration in the credit sector is associated with a higher level of the corresponding lending rate. Other financial market characteristics, such as the measure of bank profitability and the ratio of capital to bank assets, are also found to affect the long-run level of one or more lending rates. Higher competition in credit markets and reducing asymmetric information would improve the transmission of monetary policy and contribute to reduce the level of lending rates.
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  • 128
    Language: English
    Pages: 1 Online-Ressource (45 Seiten) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1713
    Keywords: Economics
    Abstract: The paper introduces a novel, granular house-price dataset sourced from a network of public and private data providers. It offers the first results of investigations into changes in the urban geography of housing markets following the COVID-19 pandemic. The rapid rise of working from home practices is likely to incentivise many people to seek more space and accept living further away from city centres as commuting requirements are reduced. The paper's results indicate that housing demand might have indeed shifted away from the centres to the peripheries of many large urban areas. These early results also show that such a shift has been neither universal nor uniform. It is typically stronger in cities where pre-COVID-19 house price disparities were larger and where moving to the periphery provides significantly better access to green space while still allowing easy access to high-speed internet and/or where COVID-19 restrictions were more stringent. The paper concludes by discussing implications for policy, including the benefits of flexible settings that allow supply to adjust smoothly to new demand patterns and outlining avenues for future work planned to improve and capitalise on the new dataset.
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  • 129
    Language: English
    Pages: 1 Online-Ressource (73 p.) , 21 x 28cm.
    Keywords: Klimapolitik ; Internationale Klimapolitik ; Welt ; Economics ; Energy ; Environment
    Abstract: In spite of progress made to date and the significant long-term ambition announced by many countries, climate policy actions remain insufficient to meet the Paris Agreement objectives. While several international initiatives aim to track and monitor climate policies, there is not yet a “go to” place for a comprehensive inventory of policy actions and best practices worldwide. Such a platform would also ideally serve to compare policies’ effectiveness reflecting the diversity of country circumstances. Progress in this direction would help to promote an ambitious but globally more coherent and better-coordinated approach to emission reductions through a broad range of policies. This report lays out a roadmap for data and analytical work to support this aim, with a view to enhancing global dialogue and building trust on issues spanning climate change mitigation policies and their macro-economic repercussions. Key elements to strengthen the assessment and comparison of countries’ climate change mitigation policies across countries include: broadening and deepening the stocktaking of mitigation policies; extending and agreeing on an operational methodology for estimating the impact of these policies on emissions and on potential metrics to compare them; and assessing the broader economic effects of different climate policies.
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  • 130
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (7 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Parallel Title: Parallele Sprachausgabe Звертаємося до регіонів та органів місцевого самоврядування для відбудови України
    Parallel Title: Parallele Sprachausgabe S’appuyer sur les régions et les gouvernements locaux pour reconstruire l'Ukraine
    Keywords: Wirtschaftlicher Wiederaufbau ; Kriegsfolgen ; Kommunalverwaltung ; Regionalverwaltung ; Ukraine ; Economics ; Urban, Rural and Regional Development ; Governance ; Ukraine
    Abstract: This policy response highlights how Ukraine’s regional development and decentralisation reforms, adopted after the 2014 Maidan Revolution, have contributed to the resilience of the country’s regions and municipalities following Russia’s war of aggression against Ukraine. Based on the OECD report Rebuilding Ukraine by Reinforcing Regional and Municipal Governance, it also sets forth how the achievements of Ukraine’s post-2014 multi-level governance reforms can provide the stepping stones for an effective subnational reconstruction and recovery. Finally, it presents concrete recommendations on how policymakers can leverage local expertise and further build subnational capacities to design and implement reconstruction projects and track progress, as well as contribute to longer-term sustainable regional and local development.
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  • 131
    Language: English
    Pages: 1 Online-Ressource (32 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1736
    Keywords: Erdgaspolitik ; Regulierung ; Gaswirtschaft ; Brasilien ; Economics ; Brazil
    Abstract: This paper describes and analyses recent reforms in the natural gas market in Brazil aimed at fostering a more open, competitive, efficient, and flexible gas sector. This paper reviews the changes in the regulatory framework using two lenses: the reform process seen through a regulatory policy lens and the resulting regulatory framework using the OECD Product Market Regulation (PMR) indicator. The paper includes policies options to further improve the regulatory framework in the sector and reap the full range of benefits of the reforms.
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  • 132
    Language: English
    Pages: 1 Online-Ressource (38 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1733
    Keywords: Soziale Sicherheit ; Sozialpolitik ; Südkorea ; Economics ; Korea, Republic of
    Abstract: Social protection in Korea is designed around traditional forms of employment and excludes a substantial share of workers in non-standard employment. The resulting social protection gaps compound income inequality and undermine financial sustainability as uninsured persons rely on tax-financed benefits. Besides, Korea’s tax and benefit system discourages taking up or returning to low-paid work from social assistance or unemployment benefits. Expanding the reach of employment insurance while redesigning the tax and benefit system could boost work incentives and reduce inequality and poverty. The elderly poverty rate is persistently high, partly because public pensions and social insurance were introduced relatively recently. Better targeting the means-tested Basic Pension could reduce elderly poverty considerably. Lengthening careers is essential to ensure pension sustainability and adequate retirement income for future retirees. Shifting from a severance pay system to a corporate pension would help improve retirement income and lower employers’ incentives to push for early retirements. Reducing inequalities in access to health and long-term care will require expansion of primary care and affordable quality home-based care. This will also help address the overreliance on hospitals and cope with rising demand.
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  • 133
    Language: English
    Pages: 1 Online-Ressource (6 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Keywords: Kriegsfolgen ; Räumliche Verteilung ; Italien ; Ukraine ; Economics ; Science and Technology ; Industry and Services ; Italy ; Russian Federation ; Ukraine
    Abstract: The impacts of the war in Ukraine will be felt severely within OECD economies, especially in border regions on the front-line of the humanitarian refugee crisis. The economic impacts, in particular those driven by rising energy prices, will also be spatially differentiated, affecting some regions more than others. Italy is no exception, with gas-intensive industries concentrated in northern regions, and wheat-based food and farming prevailing in southern regions and islands. While, overall, Russia accounted for a minor share of Italian exports, some regions and industries are more vulnerable than others to falls in bilateral trade, including destinations popular with high per-capita expenditure Russian tourists.
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  • 134
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (56 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1722
    Keywords: Economics ; Belgium
    Abstract: Income inequality is low in Belgium, and intergenerational income mobility is on par with the average OECD economy. However, as in other OECD countries, there is scope to improve equal access to opportunities across the population. Poverty risks are high for the unemployed and the low-skilled. Vulnerable socio-demographics, in particular the low educated, single mothers and people with a migrant background and with disabilities have persistently low incomes. Moreover, low-income households are overburdened by housing costs. To foster upward income mobility, employment should be increased among vulnerable groups by enhancing skills through life-long learning, effective career guidance and continuing to strengthen work incentives. To prevent the transmission of disadvantages across generations, social segregation in compulsory education should be addressed, in particular through better-designed school choice policies, higher mobility between general and vocational tracks, and stronger incentives and training for teachers. Promoting quality and affordable housing is also necessary to reduce spatial segregation and mitigate barriers to opportunity.
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  • 135
    Language: English
    Pages: 1 Online-Ressource (38 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1728
    Keywords: Economics ; Mexico
    Abstract: Individuals’ access to finance is particularly low in Mexico. Widening access to finance would boost growth and inclusion. This paper uses microdata from the National Survey for Financial Inclusion to assess the drivers of and the barriers to people’s financial inclusion in Mexico. Results show that working in the formal sector, the level of wealth and income, educational attainment, and age are the socio-economic characteristics that most affect the likelihood of holding any formal financial product. The relative importance of these characteristics, however, varies across financial products. Economic barriers to individuals’ financial inclusion are strongly associated with widespread informality and a low level of education and income. These results suggest that financial education programmes and credit registries considering a wider set of data to assess informal workers' credit worthiness would be promising avenues to help more Mexicans access financial services.
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  • 136
    ISBN: 9789264812284 , 9789264326316 , 9789264917637
    Language: Italian
    Pages: 1 Online-Ressource (29 p.) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe OECD Economic Outlook, Interim Report September 2022: Paying the Price of War
    Parallel Title: Parallele Sprachausgabe Perspectives économiques de l'OCDE, Rapport intermédiaire, septembre 2022 : Payer le prix de la guerre
    Parallel Title: Parallele Sprachausgabe OECD-Wirtschaftsausblick, Zwischenausgabe September 2022: Der Preis des Kriegs – wer bezahlt?
    Keywords: Economics
    Abstract: Il mondo sta pagando a caro prezzo la guerra di aggressione della Russia contro l'Ucraina. Il costo umanitario, già elevato, continua ad aumentare e le prospettive economiche globali si sono ulteriormente offuscate. Il presente Rapporto intermedio si concentra sulle conseguenze che la guerra comporta per l'economia mondiale e la crisi energetica. Insieme agli effetti ancora persistenti della pandemia da COVID-19, il conflitto sta rallentando la crescita a un ritmo maggiore del previsto. L'inflazione si è intensificata e si è diffusa tra i Paesi e i beni di consumo. Il rischio di interruzioni nelle forniture di energia è aumentato. Il Rapporto intermedio fornisce un aggiornamento delle proiezioni figuranti nell'edizione del giugno 2022 delle Prospettive economiche dell'OCSE (numero 111).
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  • 137
    Language: English
    Pages: 1 Online-Ressource (41 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1747
    Keywords: Economics ; South Africa
    Abstract: This paper aims at quantifying the macroeconomic and distributional impacts of product market reforms and additional public investment using a DSGE model. The model reflects specific features of the South African economy. Tradable and non-tradable product markets are modelled separately, and a segmented labour market is designed to reproduce the labour market duality in South Africa between skilled and unskilled workers. The role of public investment on total factor productivity and its financing modality are taken into allowing the quantification of the net benefits of reforms. Our results show that enhancing competition in the non-tradable sector has a short run recessionary impact while deregulating the tradable sector is expansionary. Overall, the latter has a bigger impact on GDP. From a distributional perspective, a product market reform in both sectors benefits all income deciles. Finally, additional public infrastructure investment, either financed by raising VAT or capital income tax, increases GDP in the short-term less than product market reform in the tradable sector but is more expansionary in the long run, so a combination of both reforms would boost living standards.
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  • 138
    Language: English
    Pages: 1 Online-Ressource (56 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1737
    Keywords: Economics
    Abstract: Population ageing is expected to result in significantly higher government spending in many OECD countries in the coming decades. This paper sheds light on the macroeconomic consequences of population ageing for government revenue in a framework consistent with the OECD long-term model. If the labour and capital income shares in GDP remain constant and pension income increases in relation to GDP, the tax revenue-to-GDP ratio will increase slightly. However, this will not be enough to cover the total increase in government spending due to population ageing. If governments do not mitigate spending pressures by structural reforms or cuts in pension entitlements, they will have to boost tax revenue significantly to prevent public debt from expanding. In many countries, it will not be possible, nor advisable, to completely finance the increase in long-term spending with only one tax instrument as it would require a massive rise in the tax rate, with risks of ensuing distortions. Thus, governments will have to choose mixes of tax increases, accounting for growth, equity and political considerations. This paper reviews these considerations for several specific tax categories.
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  • 139
    Language: English
    Pages: 1 Online-Ressource (41 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1738
    Keywords: Economics
    Abstract: This paper updates of the OECD Insolvency framework indicator, which summarises the main features of insolvency systems, with respect to their ability to prevent the failure of viable firms, allow a timely exit of non-viable companies, facilitate corporate restructuring and promote entrepreneurship by offering a second chance to honest failed entrepreneurs. The indicator covers 45 countries, including all OECD and European Union members. Since the indicator’s previous vintage (2016), most countries have enhanced their insolvency frameworks, notably early warning systems and pre-insolvency procedures. There is still room for improvement, particularly on simplified frameworks for small businesses, which are still often lacking. However, many countries report future insolvency reform plans. The paper also highlights the importance of efficient insolvency procedures as pressure on businesses arises from the gradual withdrawal of COVID-related policy support, the rise in energy costs and interest rates, along with the restructuring needs induced by the green and digital transitions.
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  • 140
    Language: English
    Pages: 1 Online-Ressource (41 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1746
    Keywords: Economics ; South Africa
    Abstract: Productivity growth has been falling for a decade, hindering improvements in living standards. Low productivity reflects, firstly, poor infrastructure in telecommunications and transport. Secondly, the regulatory environment is not always business-friendly and often raises obstacles to firm entry, exit and expansion. Combined with weak competition in important sectors, this has led to lower private investment levels, particularly, business R&D. Finally, the educational and health care systems have been unable to supply adequately skilled workers across the country. To improve productivity, public investment needs to become more effective, notably by strengthening the selection process for large infrastructure projects. A more pro-competitive business environment would let productive firms grow and foster innovation. Widening and reducing inequalities in access to education and health care would reduce skill shortages.
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  • 141
    Language: English
    Pages: 1 Online-Ressource (51 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1732
    Keywords: Economics
    Abstract: This paper estimates the long-run elasticity of emissions and carbon-related government revenues to carbon pricing. It is based on the OECD Effective Carbon Rates database, the most comprehensive cross-country longitudinal database on direct and indirect carbon pricing. Econometric estimates suggest that a EUR 10 increase in carbon pricing decreases CO2 emissions from fossil fuels by 3.7% on average in the long term. In such a scenario, carbon-related government revenues would triple at global level, though over time they are expected to dwindle as additional increases in carbon pricing result in further reductions in emissions. Broadening carbon pricing to currently unpriced emissions contributes to two thirds of the effects on emissions and revenues. At the country level, emissions and government revenues responses differ depending on countries’ sectoral structure and fuel sources. Dynamic simulations based on these estimates reveal that even large effective carbon rates (about EUR 1000 per tonne by late 2030s) will not suffice to meet net-zero emission targets. A sensitivity analysis shows that this result is robust to a large range of elasticity estimates. Reaching net zero then calls for complementary policies aiming at broadening and raising carbon prices, and drastically increasing the substitution of clean energy sources for fossil fuels through innovation and reallocation.
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  • 142
    Language: English
    Pages: 1 Online-Ressource (14 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Parallel Title: Parallele Sprachausgabe Contribuer au bien-être social et émotionnel des élèves réfugiés ukrainiens dans les pays d’accueil
    Keywords: Flüchtlinge ; Bildungseinrichtung ; Studierende ; Öffentliche Sozialleistungen ; Mental Health ; Psychotherapie ; Ukrainer ; Economics
    Abstract: Russia’s invasion of Ukraine has resulted in the largest forced displacement crisis in recent history, with a high proportion of those fleeing being children and young people. The stressful and traumatic experiences Ukrainian refugees may have encountered can lead to a variety of mental health issues, which, if unaddressed, may have lasting impacts on their development. Schools in host countries play a vital role in addressing refugee learners’ needs, providing a space where they can feel safe, continue their learning, and access psychosocial support services. Schools can also serve as sites for social and emotional learning, which is essential for helping students navigate the challenges associated with adjusting to a new culture and for facilitating their inclusion in education and society. This brief discusses how education systems in host countries can support the social and emotional well-being of Ukrainian students, drawing on existing examples of policies and practices.
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  • 143
    Language: English
    Pages: 1 Online-Ressource (40 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1731
    Keywords: Economics
    Abstract: Data are shown to generate efficiency gains but to have been unevenly shared across firms and households, and the subpar economic performance of most advanced economies (prior to the pandemic) has been attributed to increased market power originating, at least in part, from the increased use of data. To sharpen our understanding of these divergent perceptions of the modern digital age, this paper puts the recent increase in use of digitised information, i.e., data, into an economic framework amenable to measurement and analysis. Data are conceptualised as an intangible asset: a storable factor input that is only partially captured in existing macroeconomic and financial statistics. Our proposed framework treats data as an intangible asset that contributes to final production in an economy. This paper provides the conceptual groundwork that is needed for defining and measuring data investments. We also provide a review of methods that are used to measure data, and we offer an experimental implementation of our framework. We also develop preliminary estimates of data assets intended to fully encompass the “intelligence” or “knowledge” generated by the use of data that are coherent with national accounts data at the industry-level of analysis as well as with measures of intangibles developed by EUKLEMS-INTANProd.
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  • 144
    Language: English
    Pages: 1 Online-Ressource (22 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1729
    Keywords: Economics
    Abstract: This paper uses a new measure of human capital, which distinguishes both quality and quantity components, to estimate the long-term effect of the COVID-19-related school closures on aggregate productivity through the human capital channel. Productivity losses build up over time and are estimated to range between 0.4% and 2.1% after 45 years, for 12 weeks and 2 years of school closure, respectively. These results appear to be broadly consistent with earlier findings in the literature. Two opposing effects might influence these estimates. Online teaching would lower economic costs while learning losses in tertiary education (not considered here) would inflate them. Policies aimed at improving the quality of education and adult training will be needed to offset or, at least, alleviate the impact of the pandemic on human capital.
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  • 145
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264911901
    Language: Spanish
    Pages: 1 Online-Ressource (135 p.) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe OECD Economic Surveys: Mexico 2022
    Keywords: Economics ; Mexico
    Abstract: México se está recobrando de una pandemia que ha tenido un profundo impacto económico y social. Los trabajadores informales, las mujeres y los jóvenes se han visto especialmente afectados, lo que ha agravado retos sociales preexistentes. El sólido marco de política macroeconómica de México ha salvaguardado la estabilidad macroeconómica. Sin embargo, las perspectivas de crecimiento a medio plazo se han debilitado y el ritmo de crecimiento en las dos últimas décadas ha sido bajo. La pobreza y la desigualdad entre regiones todavía son elevadas. Factores como la informalidad, la exclusión financiera o la corrupción han obstaculizado el crecimiento de la productividad. Las bajas tasas de participación femenina y una inversión débil desde 2015 también han afectado a las perspectivas de crecimiento a medio plazo. Mantener y fortalecer el sólido marco de política macroeconómica de México es clave para la estabilidad. La capacidad de la política fiscal para suavizar los ciclos económicos y apoyar el crecimiento en las fases de recesión puede reforzarse, ampliando así el margen para fortalecer la inversión pública. Reactivar la inversión privada y dar impulso al bajo crecimiento de la productividad son prioridades fundamentales. Ello conlleva la necesidad de acometer reformas de gran alcance con el fin de mejorar la regulación aplicable a las empresas, intensificar la competencia, reducir la informalidad, seguir luchando contra la corrupción y efectuar la transición hacia la neutralidad de carbono. Ampliar el acceso a los servicios financieros e impulsar la digitalización comportarían una mayor igualdad de oportunidades y contribuirían a potenciar el crecimiento. CAPÍTULO ESPECIAL: AMPLIAR EL ACCESO A SERVICIOS FINANCIEROS
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  • 146
    Language: English
    Pages: 1 Online-Ressource (37 Seiten) , 21 x 28cm.
    Series Statement: OECD Working Papers on Fiscal Federalism no.38
    Keywords: Social Issues/Migration/Health ; Economics ; Taxation
    Abstract: OECD economies are undergoing a seemingly inevitable process of population ageing that has been changing income and consumption patterns. Notably, the demand for health services is expected to increase, while labour forces are projected to shrink. Both factors are projected to negatively impact the sustainability of health systems – the former through an increase in government expenditures on health and the latter through a decrease in government revenues. As health systems and their funding streams tend to be at least partially decentralised in most OECD countries, this fiscal pressure is expected to be asymmetric across levels of government. The objective of this paper is to provide order-of-magnitude estimates of the possible effects of population ageing on government finances across OECD countries, and to discuss reforms to fiscal federalism and intergovernmental relations with the purpose of funding expenditures at all levels of government.
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  • 147
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (47 Seiten) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1716
    Keywords: Economics ; China, People’s Republic
    Abstract: The impressive emergence of China’s economy is set to lose some momentum as the country catches up with more advanced economies and its rapid ageing also weighs on it. However, China can still reap the “reform dividend”, especially with measures to keep up the sustained growth of productivity. Reforms that enhance competition in product markets are among those that can potentially bring about significant productivity gains. China has been lowering the burden on start-ups and simplifying administrative procedures for a while already, achieving significant progress, though more procedures could go online and a one-stop shop is still to be implemented across the country. State ownership remains dominant in most network industries and there are many SOEs even in commercially-oriented industries such as retail or catering. SOEs enjoy implicit government guarantees and are the main beneficiaries of administrative monopolies, i.e. exclusive rights granted by regulations. In addition, they also benefit from various subsidies, sometimes leading to low-level, repetitious investment, excess capacity and waste of public money. A more level playing field would bring about efficiency-enhancing competition by private and foreign firms. Some network industries such as electricity and gas have recently accelerated their opening up and competition is developing in some segments. Digitalisation is a promising candidate to lift China’s long-term growth potential. Competition, in particular competitive pressure from foreign counterparts when there are few domestic players could be an important source of efficiency gains in digital services. China has been a frontrunner in business digitalisation for a while already, but the outbreak accelerated also the provision of e-government services. While strengthening of IPR protection and promoting innovative ways of financing are welcome steps to nurture innovative industries, generous tax exemptions – which by OECD standards do not constitute good tax policy - reduce the availability of public funds for other priority areas.
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  • 148
    Language: English
    Pages: 1 Online-Ressource (64 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1724
    Keywords: Economics
    Abstract: This study proposes a new indicator of Climate Policy Uncertainty based on newspaper coverage frequency. The indicator currently includes 12 OECD Member Countries and covers the period 1990-2018. The index spikes near major political events and during major discussions around potentially significant climate policy changes. Using a global firm-level dataset, the empirical analysis shows that Climate Policy Uncertainty is associated with economically and statistically significant decreases in investment, particularly in pollution-intensive sectors that are most exposed to climate policies, and among capital-intensive companies. In addition to annual series, the study also provides the indicator at higher frequencies of monthly and quarterly levels, and develops sub-indices that capture the direction of climate policy uncertainty associated with a strengthening or a weakening of climate policies for a sub-set of countries.
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  • 149
    Language: English
    Pages: 1 Online-Ressource (50 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1725
    Keywords: Economics
    Abstract: The OECD’s new Public Integrity Indicators offer a credible alternative to existing corruption-related indices, as they draw directly on data from member countries instead of expert views. The indicators unpack the general notion of corruption into specific integrity risks and measure the strength of regulations, institutions and practices. A first data set published for 36 countries – on the quality of strategic framework - shows that OECD’s recommended whole-of-society approach to curbing the most serious and detrimental forms of corruption such as undue influence, political and grand corruption – has not yet been translated into concrete policy objectives at the national level. High-level strategic objectives addressing such forms of corruption are missing in many countries. In countries that do set strategic objectives to curb corruption, implementation is weak. Development of integrity and anti-corruption strategies should be more transparent and inclusive.
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  • 150
    Language: English
    Pages: 1 Online-Ressource (74 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1705
    Keywords: Economics ; Denmark
    Abstract: Denmark has been a frontrunner in policies that reduce greenhouse gas emissions and now plans to cut emissions by 70% by 2030 from 1990 levels and to achieve carbon neutrality by 2050. Such ambition induces halving emissions from 2019 levels and making the same emission abatement effort in ten years than the past thirty years. Cutting emissions at such fast pace will be challenging with substantial disruptions and macroeconomic consequences. A balanced mix of pricing policies, public investment, regulation and enabling policies should allow smoothing the potential economic and social shocks and accompanying the reallocation of resources. This paper investigates further sectoral climate strategies in Denmark. In the energy sector (electricity and district heating), past progress made to ramp up clean technologies provides a good blueprint to achieve further decarbonisation, but the focus will need to be put soon on lowering reliance on woody biomass. In the transport sector, emissions have continued to increase despite the shift to more fuel-efficient vehicles, highlighting the need for more transformative policies to expand alternatives to individual car uses. In agriculture, little has been done so far to cut emissions, especially from livestock. The sector is subject to leakage risks, but nonetheless should be encouraged to transform its practices. Helping farmers to monitor their GHG emissions should be combined with more stringent regulation.
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  • 151
    Language: English
    Pages: 1 Online-Ressource (23 Seiten) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1718
    Keywords: Economics
    Abstract: The paper considers whether structural reforms have a different impact on adjusted household disposable income (AHDI) compared to GDP, particularly given that while the latter is currently used as the basis for the OECD Economics Department’s framework for evaluating the effect of structural policy reforms, the former is arguably a better measure of welfare. The main findings are that there are indeed a number of structural policies where the long-run effects on GDP and AHDI are proportionately different, so that percentage changes in the two aggregates are significantly different following a policy reform. One group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital intensity (including cuts in corporate income tax and policies to simulate business R&D) or which can weaken the bargaining power of labour (for example a loosening of EPL), have weaker long-run positive effects on AHDI than GDP. Other structural reform policies (including in-kind family benefits, family cash benefits and cuts in the income tax wedge) have a magnified effect on AHDI, so that following a policy reform, long-run percentage changes in AHDI are larger than for GDP. Cross-referencing the analysis in the paper with structural reform priorities previously identified in the OECD’s regular Going for Growth surveillance exercise, suggests that increased spending on childcare and early childhood education might usefully be part of any policy package to address the ‘cost of living crisis’ currently being faced by many OECD households.
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  • 152
    Language: English
    Pages: 1 Online-Ressource (30 Seiten) , 21 x 28cm.
    Series Statement: OECD Working Papers on Fiscal Federalism no.37
    Keywords: Economics ; Governance
    Abstract: The COVID-19 pandemic has had devastating effects on lives, the economy, and the public finances worldwide, drawing attention to the need to enhance resilience to future shocks. This paper focuses on subnational governments, given their important and growing role in the provision of essential public goods and services worldwide. The paper discusses key aspects of subnational resilience, in particular the sensitivity of subnational finances to macroeconomic cycles and shocks and the availability of fiscal buffers; the main factors influencing subnational governments’ ability to provide essential services during crises; and their ability to anticipate and prepare for future shocks, especially those related to climate change. The paper also discusses policy and institutional reform options for both national and the subnational governments to strengthen subnational resilience.
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  • 153
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264721340 , 9789264381377
    Language: Italian
    Pages: 1 Online-Ressource (146 p.) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe OECD Economic Outlook, Volume 2022 Issue 1: Preliminary version
    Parallel Title: Parallele Sprachausgabe Perspectives économiques de l'OCDE, Volume 2022 Numéro 1 : Version préliminaire
    Keywords: Economics
    Abstract: La guerra in Ucraina costituisce una grave crisi umanitaria e comporta shock economici che compromettono la ripresa post-pandemia. Le Prospettive economiche dell'OCSE, Volume 2022, Numero 1, mettono in luce le implicazioni e i rischi per la crescita, per l'inflazione e per il tenore di vita derivanti dall'aumento dei prezzi delle materie prime e dalle eventuali interruzioni delle forniture energetiche e alimentari, ed esaminano le relative sfide politiche. Il presente numero comprende una valutazione generale della situazione macroeconomica e un capitolo che esamina singolarmente ciascun Paese, sintentizzandone gli sviluppi e fornendo previsioni. Le Prospettive economiche prendono in esame tutti i Paesi membri dell'OCSE e alcuni Paesi partner selezionati.
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  • 154
    Language: English
    Pages: 1 Online-Ressource (63 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1702
    Keywords: Economics ; Malaysia
    Abstract: Before the COVID-19 pandemic, Malaysia undertook a series of vigorous reforms, ranging from the improvement of regulatory framework to the digitalisation of the economy, with the aim of boosting productivity. While the protracted pandemic has inevitably stalled reform efforts in many countries, including Malaysia, strengthening the business climate has become all the more important. This will be essential to achieve a robust recovery, accelerate digitalisation, and adopt a new working environment combining productivity and sanitary precautions. This paper discusses: 1) how Malaysia can reinvigorate business dynamism with new regulatory reforms; 2) how it can boost the uptake by businesses of digital solutions; and 3) based on the recent experience of teleworking, how it can prepare an enabling working environment for the digital age.
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  • 155
    Language: English
    Pages: 1 Online-Ressource (21 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses to Coronavirus (COVID-19)
    Keywords: Social Issues/Migration/Health ; Economics ; Employment
    Abstract: This policy brief documents how bi- and tri-partite social dialogue at different levels, including collective bargaining, is shaping and implementing measures that support a job-rich recovery – both by assisting workers in moving from declining to expanding job sectors in response to structural change and by retaining experienced workers when needed, so that production responds to increases in demand.
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  • 156
    Language: English
    Pages: 1 Online-Ressource (62 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1706
    Keywords: Economics ; Austria
    Abstract: The economic shock induced by the COVID-19 pandemic is accelerating structural changes and is posing new challenges. Austria faces wider growth opportunities and new adjustment challenges related notably to two major structural transformations: transition to carbonless growth and the generalisation of more advanced forms of digitalisation. These imply new entries and exits in the business sector, more capital and labour re-allocations and greater geographic mobility of labour. A better activation of the existing talent pool, in particular female, elderly and migrant workers is also needed to address the ageing of the society. In this context public policies should aim at further stimulating business dynamism by facilitating market entries; supporting firms’ capacity to invest by helping strengthen their balance sheets; better adapting skills to jobs for all categories of workers; and providing the right incentives to R&D to boost long-term innovation.
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  • 157
    Language: English
    Pages: 1 Online-Ressource (55 Seiten) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1717
    Keywords: Economics ; Mexico
    Abstract: The access to formal financial services in Mexico is particularly low. Access is also significantly unequal across income levels, gender, between rural and urban areas and across regions. SMEs access to bank credit is low, hampering firms’ ability to grow and innovate. The use of cash and informal credit is still widespread, especially in rural areas, where financial infrastructure is underdeveloped. The diffusion of digital financial services is slowly advancing but remains low, hindered by a relatively low level of financial literacy and a digital divide. Expanding access to finance would enable Mexican households to invest in education and health, and better manage income shocks and smooth consumption. It would also enable Mexican firms to invest more, increase productivity and create formal jobs. Low-income households, small firms and more disadvantaged regions would particularly benefit, as it would unlock new economic opportunities for them. Boosting competition in the banking sector would facilitate SMEs access to credit by lowering interest rate margins. Upgrading the regulatory framework of the financial system would help increase competition and quality of financial services. The potential of the fintech sector is yet to be materialised, which would further increase competition and bring financial services to wider segments of the population. Strengthening financial education and digital literacy would facilitate a larger and better use of traditional and digital financial services.
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  • 158
    Language: French
    Pages: 1 Online-Ressource (9 p.) , 21 x 28cm.
    Series Statement: Les réponses de l’OCDE face aux conséquences de la guerre en Ukraine
    Parallel Title: Parallele Sprachausgabe The supply of critical raw materials endangered by Russia’s war on Ukraine
    Keywords: Economics ; Trade
    Abstract: Les graves perturbations qui affectent les marchés mondiaux suite à l’offensive russe en Ukraine ont révélé des failles dans la sécurité de l’approvisionnement en matières premières critiques pour la production industrielle et la transition verte. Ces faiblesses des chaînes d'approvisionnement sont la conséquence des restrictions à l’exportation, des dépendances bilatérales, de l’absence de transparence et de la persistance d'asymétries du marché, notamment la concentration de la production dans un petit nombre de pays. Les pays touchés par ces faiblesses ont la possibilité de diversifier les approvisionnements grâce à un élargissement de la production et à un accès aux réserves de matières premières critiques connues.
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  • 159
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (8 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Parallel Title: Parallele Sprachausgabe L’approvisionnement des matières premières critiques est compromis par l’offensive russe en Ukraine
    Keywords: Rohstoff ; Rohstoffversorgung ; Rohstoffmarkt ; Kriegsfolgen ; Exportbeschränkung ; Sanktion ; Russland ; OECD-Staaten ; Economics ; Trade
    Abstract: Severe disruptions to global markets caused by Russia’s war on Ukraine have exposed vulnerabilities to the security of the supply of raw materials critical for industrial production and for the green transition. These supply chain vulnerabilities are the result of export restrictions, bilateral dependencies, a lack of transparency and persistent market asymmetries, including the concentration of production in just a few countries. A collective and co-ordinated approach among OECD countries can contribute to economic security, while preserving the benefits of open markets and a rules-based international trading system.
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  • 160
    Language: English
    Pages: 1 Online-Ressource (88 p.) , 21 x 28cm.
    Series Statement: OECD Economic Policy Papers no.31
    Keywords: Economics
    Abstract: Global progress towards tackling climate change is lagging. This paper puts forward a framework to design comprehensive decarbonisation strategies while promoting growth and social inclusion. It first highlights the need of evaluating a country’s national climate targets and current policy mix, in conjunction with facilitating monitoring tools to assess current and future progress, as a key step to design effective decarbonisation strategies. It then provides a detailed comparison of several policy instruments across different assessment criteria, which indicates that no single instrument is clearly superior to all others. This highlights the need for developing decarbonisation strategies based on a wide policy mix consisting of three main components: 1) emission pricing policy instruments; 2) standards and regulations; 3) complementary policies to facilitate the reallocation of capital, labour and innovation towards low-carbon activities and to offset the adverse distributional effects of reducing emissions. However, there is no one-size-fits-all policy mix, as feasible policy choices depend on countries’ industrial structure, social preferences and political constraints. A robust and independent institutional framework, stakeholders engagement and credible communication campaigns are key to managing these constraints and ultimately enhancing public acceptance of climate mitigation policies.
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  • 161
    Language: English
    Pages: 1 Online-Ressource (60 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1701
    Keywords: Economics ; Slovak Republic
    Abstract: Slovakia’s population is ageing rapidly, with the share of the working-age population expected to shrink by about a fifth in the next 30 years. Ageing-related costs are projected to increase much more strongly than in other EU countries and ageing will put pressure on potential growth and living standards. To prepare for an ageing society, pension, health and long-term care, as well as labour market reforms are needed to extend working lives, improve the health of the ageing population, and enhance the efficiency of public spending. Linking the retirement age to life expectancy and tightening early retirement pathways notably for mothers and disability pensioners is important to extend working lives and improve pension sustainability. Health outcome are lagging behind other OECD countries largely due to high preventable mortality, especially among disadvantaged groups, highlighting the importance of a national strategy to reduce preventable mortality, as well as targeted approaches. Measures are also needed to improve the efficiency of health and long-term care spending, notably through reforming the network of hospitals, expanding central procurement of pharmaceuticals, and expanding the supply of in-home long-term care services. Higher employment of older workers is hampered by a range of labour market barriers, including fewer training opportunities, higher job strain, and a lack of flexible working arrangements. Labour participation of mothers with young children is also low, reflecting excessively long parental leave, low financial work incentives, and a lack of childcare facilities.
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  • 162
    Language: English
    Pages: 1 Online-Ressource (33 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1704
    Keywords: Social Issues/Migration/Health ; Economics
    Abstract: Resolving stark differences between rich and poor countries in vaccine coverage against COVID is a global policy priority for 2022. However, even among OECD countries, there currently remain surprisingly large differences in vaccine coverage and this paper attempts to explain these differences, including the role that policy has played. The main findings are: vaccination has had massive health and economic benefits; vaccine hesitancy can be overcome, although there remains a link with historical flu and MMR vaccination rates; well-designed vaccine passes can boost coverage; trust in government and other public institutions matter, although the link to vaccine coverage is not straight-forward; demographic structure and policy stances towards vaccinating children play a role in explaining differences in overall population vaccination rates; mandatory vaccination has been implemented or is being considered in a few OECD countries, although it is too early to assess the effects. Finally, case studies of the most successful vaccination campaigns provide additional illumination, which cannot easily be captured in multi-country correlations.
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  • 163
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (64 p.) , 21 x 28cm.
    Series Statement: OECD SME and Entrepreneurship Papers no.34
    Keywords: Economics
    Abstract: This paper analyses changes in the quality of the working environment in fifteen European Union countries between 1995 and 2015, using self-reported data from the European Working and Living Conditions Survey. It finds that, although in 1995, the self-employed reported inferior working conditions compared with employees, twenty years later this difference had almost disappeared. This “catch-up” on the part of the self-employed is not limited to narrow groups; instead it is found among self-employed workers with highly diverse educational and sectoral work experience. Two major policy implications are drawn. First, policy makers should no longer expect there to be a working environment penalty from self-employment policies. Second, policy makers should distinguish between different groups within the self-employed population, with better targeted policies, rather than treating the self-employed as a single category. The paper sets out a number of avenues for further work when data for 2021 become available.
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  • 164
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (9 Seiten) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Parallel Title: Parallele Sprachausgabe Pourquoi les gouvernements devraient cibler le soutien dans un contexte de prix élevés de l'énergie
    Keywords: Economics ; Energy ; Environment
    Abstract: Russia’s large-scale aggression against Ukraine has contributed to high energy prices around the globe, triggering responses from governments. Governments across the OECD and in key non-Member economies have rolled out significant support to shield households and firms from the impacts of the high energy prices that followed the strong recovery in demand in the aftermath of the COVID-19 slump and the fallout of the war in Ukraine. While relatively simple to introduce and communicate in general, measures that act to lower the price of energy are not targeted and weaken incentives to reduce energy use when supply is tight.
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  • 165
    Language: German
    Pages: 1 Online-Ressource (108 Seiten) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe The economics of patient safety Part IV: Safety in the workplace: Occupational safety as the bedrock of resilient health systems
    Keywords: Social Issues/Migration/Health ; Economics
    Abstract: Gesundheitsversorgungssettings sind gefährliche Orte und komplexe Arbeitsumgebungen, in denen ständig etwas Unvorhergesehenes geschehen kann. Die Gefahren und Risiken führen nicht nur zu Verletzungen und Erkrankungen von Arbeitskräften, sondern beeinträchtigen auch die Sicherheit der Patient*innen. In der Covid-19-Krise wurde in besonderem Maße deutlich, wie wichtig es ist, eine sichere Gesundheitsversorgung zu gewährleisten – für die Patient*innen ebenso wie für die Gesundheitskräfte. Ein ausreichendes Angebot an qualifizierten Arbeitskräften ist Grundvoraussetzung für ein resilientes Gesundheitssystem. Daher muss die Politik nun Wege finden, ein adäquates Arbeitskräfteangebot aufzubauen und zu fördern, damit das Gesundheitssystem für künftige Schocks gewappnet ist. Dies gilt nicht nur für den Krankenhaussektor, sondern auch für Gemeindesettings, die Pflege und die Primärversorgung. Außerdem sollten geeignete Mechanismen zum Schutz der Patient*innen und Gesundheitskräfte geschaffen werden, die eine sichere Schutzausrüstung, genügend medizinisches Material und eine angemessene Personalausstattung, Weiterbildung und Unterstützung am Arbeitsplatz gewährleisten. Besonders wichtig sind solche Mechanismen, wenn politisch Verantwortliche gesundheitliche, sicherheitsbezogene und wirtschaftliche Anforderungen miteinander in Einklang bringen müssen.
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  • 166
    Language: French
    Pages: 1 Online-Ressource (51 p.) , 21 x 28cm.
    Series Statement: Les réponses de l’OCDE face au coronavirus (COVID-19)
    Parallel Title: Parallele Sprachausgabe First lessons from government evaluations of COVID-19 responses: A synthesis
    Keywords: Economics ; Taxation ; Finance and Investment ; Governance
    Abstract: Alors que la pandémie de COVID-19 a touché différents pays avec une intensité variable, la réponse à la crise a représenté un défi sans précédent pour la plupart des gouvernements. Dans ce contexte, les évaluations constituent des outils précieux parce qu'elles permettent de partager en temps réel des leçons sur ce qui fonctionne et ne fonctionne pas, sur ce qui pourrait fonctionner et pour qui. Ce document tire des enseignements d’évaluations, réalisées par les pays eux-mêmes, des mesures qu'ils ont adoptées face au COVID-19. Il fournit une synthèse de données issues de 67 évaluations produites dans les pays de l’OCDE durant les 15 premiers mois de la pandémie. Ces premières évaluations, qui montrent que beaucoup de pays sont parvenus à des conclusions similaires, permettant de dégager plusieurs enseignements importants qui pourront être pris en compte dans les stratégies actuellement déployées face à la crise – et pour renforcer la résilience avenir des pays.
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  • 167
    Language: English
    Pages: 1 Online-Ressource (56 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1703
    Keywords: Economics
    Abstract: As countries implement stricter environmental policies, the need for tools to compare countries’ environmental policy stringency is becoming more pressing. The OECD Environmental Policy Stringency (EPS) index has become a widely used tool for policy analysis since its creation in 2014. This paper updates the EPS index over three decades from 1990 to 2020, across 40 countries and 13 policy instruments, focussing on climate change and air pollution mitigation policies. It up-grades the index structure across all years, adding a new sub-index that measures the strength of technology support policies, which complements the existing structure of market based and non-market based sub-indices. The paper shows evolving developments – across countries and time – in the stringency of environmental policies.
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  • 168
    Language: English
    Pages: 1 Online-Ressource (72 p.) , 21 x 28cm.
    Series Statement: OECD Statistics Working Papers no.2022/04
    Keywords: Economics ; Environment ; Transport
    Abstract: By moving goods and people over large distances, air transport facilitates international trade and tourism and thus contributes to economic growth and job creation. At the same time, it also comes with environmental challenges, largely related to air emissions and their impact on global warming. Air transport has been disproportionately negatively affected by the COVID-19 pandemic with associated reductions in air emissions. However, recent projections show that, in the absence of accelerated technological developments and more ambitious policy measures, aviation-related carbon dioxide (CO2) emissions will grow again at a rapid pace after the pandemic. This paper describes a new OECD database providing near-real-time and global information on aviation-related CO2 emissions, with allocations across countries following either the territory or the residence principle. This database provides a public good for both statistical measurement and environmental policy analysis. On the statistical front, it will facilitate the compilation of global Air Emission Accounts according to the System of Environmental Economic Accounting (SEEA), bring granular and timely information on a significant source of CO2 emissions, and allow tracking their evolution during and after the COVID-19 pandemic. The comparison with official statistics that are available with a significant delay and at lower frequency demonstrates the accuracy of the OECD estimates. On the environmental policy front, it is expected that the OECD database will help monitor the impact of technological developments and policy measures to curb aviation-related CO2 emissions in the future.
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  • 169
    Language: English
    Pages: 1 Online-Ressource (41 p.) , 21 x 28cm.
    Series Statement: OECD Statistics Working Papers no.2022/03
    Keywords: Economics
    Abstract: The measurement of non-market output, characterised by providing goods and services without economically significant prices, has always proved challenging for compilers of the National Accounts. Various approaches are available to meet these challenges, often resulting in slight differences in methodology between countries. Government policies, introduced in response to the coronavirus (COVID-19) pandemic exacerbated some of these existing differences, potentially influencing the GDP estimates across countries. This joint paper by the United Kingdom Office for National Statistics (ONS) and the Organisation for Economic Cooperation and Development (OECD) explains the methodological options available to statistical compilers and explores differences in methodologies used by countries to measure non-market output, analysing their implications for international comparisons of GDP growth during the COVID-19 pandemic.
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  • 170
    ISBN: 9789264962859 , 9789264690684 , 9789264654563
    Language: English
    Pages: 1 Online-Ressource (127 p.) , 21 x 28cm.
    Series Statement: New Approaches to Economic Challenges
    Keywords: Wirtschaftsordnung ; Stabilität ; Krisenmanagement ; Schock ; Coping-Strategie ; Wirtschaftspolitik ; Stabilisierungspolitik ; Konjunktur ; Coronavirus ; OECD-Staaten ; Welt ; Economics
    Abstract: New economic thinking and acting through a systemic approach could outline policy alternatives to tackle the global-scale systemic challenges of financial, economic, social and environmental emergencies, and help steer our recovery out of the current crisis. A systemic recovery requires an economic approach that balances several factors – markets and states, efficiency and resilience, growth and sustainability, national and global stability, short-term emergency measures and long-term structural change. To achieve this, we need to think beyond our policy silos, comprehend our interconnections, and build resilience into our systems.
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  • 171
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (5 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Keywords: Erdgasmarkt ; Gasversorgung ; Gaspreis ; Industrie ; Beschäftigungseffekt ; EU-Staaten ; Economics ; Energy ; Industry and Services
    Abstract: This note examines which regional economies in Europe are most exposed to rising gas prices on the basis of their dependency on gas intensive manufacturing sectors such as chemicals or basic metals. Based on OECD calculations we find that the employment shares of the most gas-intensive manufacturing sectors are largest in some regions of Central Europe and Northern Italy, as well as in certain regions of Sweden and Finland.
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  • 172
    Language: English
    Pages: 1 Online-Ressource (64 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1707
    Keywords: Economics ; New Zealand
    Abstract: This paper overviews structural reforms that promote the diffusion of digital technologies and investment in intangible capital that maximises the potential of these technologies in New Zealand. Effective use of digital technologies enables New Zealand citizens to participate in society in a more inclusive way, firms to strengthen competitiveness and better integrate into the global economy, and the government to offer better services. New Zealand has room to boost its relatively low productivity level by removing the structural bottlenecks holding back the expansion of its digital sector and digital innovation. There are severe shortages of specialised ICT skills owing to COVID-19-related border restrictions and a weak domestic pipeline of these skills that partly results from school students’ poor mathematics achievement. Some regulations have not kept pace with technological change and risk constraining digital innovation while failing to prevent harmful activities. More intensive use of digital tools is also held back by the low availability of high-speed Internet connections in rural areas and a lack of financial support for small businesses. Weak coordination between export promotion and innovation support prevents young firms investing in digital innovation from reaping high returns through exporting. New Zealand should rigorously implement its new national digitalisation strategy so that government agencies and social partners can advance digital transformation.
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  • 173
    ISBN: 9798400208409 , 9798400208386
    Language: English
    Pages: 1 Online-Ressource (viii, 43 Seiten)
    Keywords: Subvention ; Internationale Wirtschaftsbeziehungen ; WTO-Recht ; Außenwirtschaftspolitik ; Strategische Handelspolitik ; Welt ; Economics ; Trade
    Abstract: Dealing constructively with subsidies in global commerce is central to G20 leaders’ goal of reforming and strengthening the multilateral trading system. The growing use of distortive subsidies alters trade and investment flows, detracts from the value of tariff bindings and other market access commitments, and undercuts public support for open trade. Sharp differences over subsidies are contributing to global trade tensions that are harming growth and living standards. This report seeks to highlight the potential benefits of closer cooperation and considers some areas where this might be pursued constructively by governments or other international organizations. This report aims to begin a discussion within the international community on how to develop and implement such an agenda.
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  • 174
    Language: English
    Pages: 1 Online-Ressource (46 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1735
    Keywords: Economics ; Brazil
    Abstract: Appropriately designed and implemented regulations are powerful tools for enhancing economic performance. A strong and sound regulatory framework can mitigate threats to health, safety, and the environment and address market imperfections. However, regulation can also create barriers to the entry and expansion of firms, which may limit and distort competition. Some of these barriers are necessary, but others may go beyond what is needed to address the policy objectives and the market failure(s) regulation is intended to remedy. The OECD developed in the late 1990s a set of Product Market Regulation (PMR) Indicators to assess how competition-friendly the regulatory framework of a country is across a range of sectors and regulatory areas. A regulatory framework that facilitates competition, for example, can stimulate productivity by encouraging the efficient allocation of resources and promoting innovation and growth. This paper examines a range of product markets, services, and network industries in Brazil, relying on the results of the PMR indicators, and identifies areas where country’s regulations could be brought more in line with international best practices. These include the governance of state-owned enterprises, interaction between policy makers and interest groups, network sectors, and professional services.
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  • 175
    Language: English
    Pages: 1 Online-Ressource (32 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1744
    Keywords: Inflation ; Verteilungswirkung ; Verbraucherpreisindex ; Schätzung ; OECD-Staaten ; Economics ; Energy
    Abstract: Inflation has quickly and significantly increased in most OECD countries since the end of 2021 and further accelerated after Russia’s war of aggression against Ukraine, mostly driven by surging energy and food prices. Certain categories of households are particularly vulnerable, as large parts of their consumption expenditures are devoted to energy and food. Drawing on national micro-based household budget surveys and on CPI data, this paper provides a quantification of the impact of rising prices on households’ welfare. Declines in household purchasing power between August 2021 and August 2022 are estimated to range from 3% in Japan to 18% in the Czech Republic. This decline is driven by energy prices in most countries, especially Denmark, Italy, and the United Kingdom, while energy prices play a lesser role in countries where inflation is more broad-based like the Czech Republic and the United States. In all considered countries, inflation weighs relatively more on low than high-income households. Rural households are hit particularly hard, most often more than low-incomes ones, and this is driven by energy price inflation. To cushion vulnerable households from rising inflation, especially from energy prices, these findings call for a careful targeting of income and price support measures, notwithstanding their administrative and logistical complexity, taking into account their effects on economic activity, inflation, and, last but not least, environmental goals.
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  • 176
    Language: English
    Pages: 1 Online-Ressource (27 p.) , 21 x 28cm.
    Series Statement: OECD Regulatory Policy Working Papers no.20
    Keywords: Economics ; Governance
    Abstract: Regulatory policy today is still grounded in principles and tools designed a few decades ago, but the context has changed significantly. To determine whether the current framework can help countries meet the challenges of contemporary societies, the OECD launched the Regulatory Policy 2.0 project. This report sets out the results from the second phase of the project, which included an exercise to map beliefs around better regulation. The exercise, involving government officials and regulatory experts, has identified four internally coherent belief systems about what better regulation is today, which core aims it should have, and where it should go in the future. Based on this analysis, the report provides empirical evidence and implications for the future direction of regulatory policy.
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  • 177
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (20 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Parallel Title: Parallele Sprachausgabe Шлях до економічного відновлення України
    Keywords: Kriegsfolgen ; Wirtschaftlicher Wiederaufbau ; Wirtschaftspolitik ; Ukraine ; Economics ; Ukraine
    Abstract: This policy response analyses the main consequences of Russia’s war against Ukraine, inflicting significant damage to Ukraine’s economy, undermining macroeconomic stability and degrading its productive capital. The policy response argues that Ukraine’s forward-looking recovery and reconstruction aspirations should ensure the right framework conditions and leverage international support, so that the recovery can be sustained and help make Ukraine’s economy stronger, greener and more resilient. It identifies key structural reforms needed, and suggests that “building back better” will require that Ukraine pursues priority reforms in areas such as investment, competition and judicial so as to allow the economy to seize new economic opportunities, diversify and become more productive and environmentally sustainable.
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  • 178
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (8 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses on the Impacts of the War in Ukraine
    Parallel Title: Parallele Sprachausgabe Цифровізація для відновлення України
    Keywords: Digitalisierung ; Kriegsfolgen ; Ukraine ; Economics ; Industry and Services ; Ukraine
    Abstract: The Russian Federation’s large-scale war of aggression against Ukraine is causing severe disruptions to Internet connectivity, that has been increasing rapidly across the country over the last decade. The digital delivery of public services, with new “state-of-the-art” services launched just before the war, is proving resilient after the first disruptions. The digital economy in Ukraine was experiencing rapid growth before the war, and the Diia City tax Law introduced tailor-made fiscal measures for the IT sector. Now the Ukrainian Government faces multiple challenges, and OECD policy tools can help Ukraine realise its ambitious plans to strengthen and rebuild its digital space in the short term (i.e. access to the internet), medium term (i.e. access to talent and finance) and long term (i.e. a sound data infrastructure for the digital economy).
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  • 179
    Language: English
    Pages: 1 Online-Ressource (29 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1721
    Keywords: Arbeitsmarkt ; Coronavirus ; OECD-Staaten ; Economics
    Abstract: The labour market recovery from the COVID-19 pandemic has been strong among advanced countries, partly reflecting massive and unprecedented policy support to workers and firms. This paper provides evidence and stylised facts about labour market tightening and labour shortages since the onset of the pandemic. Labour shortages have been widespread across countries, yet particularly in Australia, Canada and the United States; and across industries, yet particularly in contact-intensive ones like accommodation and food, but also manufacturing. This picture is to a good extent driven by cyclical factors: in tight labour markets, workers are more likely to switch for better job opportunities. But this paper argues, based on illustrative evidence, that other factors beyond the economic cycle may also play a role: the post-COVID-19 increase in labour shortages may partly reflect structural changes, in particular changes in preferences, as some workers may no longer accept low-pay and poor or strenuous working conditions.
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  • 180
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264667815 , 9789264684362 , 9789264498549
    Language: German
    Pages: 1 Online-Ressource (186 p.) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe Brick by Brick: Building Better Housing Policies
    Parallel Title: Parallele Sprachausgabe Pierre par pierre : Bâtir de meilleures politiques du logement
    Keywords: Wohnungspolitik ; Nachhaltigkeit ; Effizienz ; Social Issues/Migration/Health ; Economics ; Urban, Rural and Regional Development ; Taxation ; Environment ; Finance and Investment ; Governance
    Abstract: Dieser Bericht enthält Daten, internationale Praxisbeispiele und politikrelevante Erkenntnisse für die Gestaltung der Wohnungspolitik. Besonders im Fokus stehen dabei drei wichtige Aspekte: Teilhabe, Effizienz und Nachhaltigkeit. In vielen OECD-Ländern ist es zunehmend schwierig geworden, für alle Menschen ausreichend Wohnraum zur Verfügung zu stellen. Grund dafür sind vor allem die steigenden Wohnungspreise, die wiederum eine Folge des unzureichenden Angebots sind, das – gerade in städtischen Räumen mit zahlreichen Arbeitsplätzen – nicht mit der wachsenden Nachfrage Schritt halten konnte. Dies erklärt sich zwar z. T. aus geografischen Gegebenheiten, in vielen Städten beschränken aber auch Flächennutzungs- und Bebauungsvorschriften das Angebot. Zugleich behindern manche mietrechtlichen Bestimmungen die Entwicklung des Mietwohnungsmarkts, was die Mieten steigen lässt. Hinzu kommt, dass die Klimawende für den Wohngebäudesektor eine besondere Herausforderung darstellt, schließlich entfallen auf ihn 17 % der CO2-Emissionen und 37 % der Feinstaubemissionen weltweit. In fast zwei Dritteln der Länder weltweit fehlt es immer noch an energietechnischen Bauvorschriften. Angesichts der langen Lebensdauer von Wohngebäuden müssen die Klimaanstrengungen hier möglichst frühzeitig greifen. Gestützt auf solide Daten beschreibt dieser Bericht Optionen für konzertierte Maßnahmen, um diese Herausforderungen anzugehen und dabei Komplementäreffekten und Konflikten zwischen verschiedenen Zielen der Wohnungspolitik Rechnung zu tragen. Er ist Teil des „OECD Housing Toolkit“, das auch ein interaktives Online-Dashboard mit Indikatoren und Country-Snapshots enthält.
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  • 181
    Language: English
    Pages: 1 Online-Ressource (52 p.) , 21 x 28cm.
    Series Statement: OECD Working Papers on Fiscal Federalism no.41
    Keywords: Economics ; Taxation ; Finance and Investment ; Governance
    Abstract: Fiscal rules are increasingly used at state and local levels to promote fiscal sustainability in OECD countries. Following the Global Financial Crisis, multiple reforms to fiscal rule frameworks were made so that governments could better tackle crises and build buffers for future downturns. This paper examines recent trends in the adoption of fiscal rules across levels of government and empirically assesses their effects with the purpose of providing lessons for the post-COVID-19 period. Beyond addressing the deterioration in public finances after the pandemic, the challenges include addressing the impact of population ageing, climate change and the energy transition, as well as growing regional inequalities. Evolution of the rules employed at the central level are contrasted to those at the subnational levels, including design features and institutional elements, together with their goals and limitations.
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  • 182
    Language: English
    Pages: 1 Online-Ressource (39 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1730
    Keywords: Economics ; New Zealand
    Abstract: This paper explores the relationship between adoption of ultra-fast broadband (UFB) and the export propensity of New Zealand firms. Previous literature have shown that the Internet facilitates exports by reducing search costs and informational frictions in establishing trade relationships. However, the role of faster Internet that enables the use of more recent, advanced, data-intensive digital technologies has not been well explored. This paper shows empirically that adoption of fibre broadband is associated with a higher propensity to enter exporting by New Zealand firms, suggesting that faster Internet has an additional role over traditional Internet in facilitating exporting. The paper also shows that firms that were already using the Internet more intensively prior to adopting fibre experience a stronger increase in export propensity following fibre adoption than those with less intensive Internet use, and that the positive relationship between fibre uptake and exporting is primarily observed among services firms. Instrumental variable analysis to assess the causal relationship between fibre uptake and exporting suggests that the higher export entry among fibre users is driven by self-selection of firms with higher export propensity into fibre uptake.
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  • 183
    Language: English
    Pages: 1 Online-Ressource (56 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1726
    Keywords: Digitalisierung ; Slowenien ; Economics ; Slovenia
    Abstract: This paper discusses key priorities and policy recommendations to accelerate Slovenia’s digital transformation. The government’s ambitious digitalisation strategy (Digital Slovenia 2030 Strategy) aims at putting Slovenia among the five most digitalised countries in Europe. Achieving this objective would foster productivity growth and help offsetting the negative effects of a declining labour force. While Slovenia performs well in several areas of the digital transformation, further efforts are needed to achieve the government’s ambitious objective. These include reducing the urban-rural gap in high-speed broadband access, supporting the digital transformation of businesses, fostering digital innovation, improving digital government, upgrading ICT-related skills and attracting foreign ICT specialists.
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  • 184
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (22 p.) , 21 x 28cm.
    Keywords: Economics ; Trade ; Science and Technology ; Canada ; France ; Germany ; Italy ; Japan ; United Kingdom ; United States
    Abstract: As data become an important resource for the global economy, it is important to strengthen trust to facilitate data sharing domestically and across borders. Significant momentum for related policies in the G7, and G20, has gone hand in hand with a wide range of – often complementary – national and international initiatives and the development of technological and organisational measures. Advancing a common understanding and dialogue among G7 countries and beyond is crucial to support coordinated and coherent progress in policy and regulatory approaches that leverage the full potential of data for global economic and social prosperity. This report takes stock of key policies and initiatives on cross-border data flows to inform and support G7 countries’ engagement on this policy agenda.
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  • 185
    Language: French
    Pages: 1 Online-Ressource (15 p.) , 21 x 28cm.
    Series Statement: Les réponses de l’OCDE face aux conséquences de la guerre en Ukraine
    Parallel Title: Parallele Sprachausgabe Supporting the social and emotional well-being of refugee students from Ukraine in host countries
    Keywords: Economics
    Abstract: L’invasion de l’Ukraine par la Russie a provoqué la plus grande crise de déplacements forcés de l’histoire récente, avec, parmi les personnes fuyant le pays, une forte proportion d’enfants et de jeunes. Les épreuves et les traumatismes que les réfugiés ukrainiens ont pu connaître risquent d’entraîner divers problèmes de santé mentale qui, s’ils ne sont pas pris en charge, pourraient avoir des répercussions durables sur leur développement. Les établissements scolaires des pays d’accueil jouent un rôle essentiel pour répondre aux besoins des apprenants réfugiés : ils leur offrent en effet un espace dans lequel ils peuvent se sentir en sécurité, poursuivre leur scolarité et accéder à des services de soutien psychosocial. Ils servent également de lieu d’apprentissage social et émotionnel, ce processus étant indispensable non seulement pour aider les élèves à surmonter les difficultés rencontrées pour s’adapter à une autre culture, mais aussi pour faciliter leur intégration dans l’éducation et dans la société. La présente note, en s’appuyant sur des exemples concrets de politiques et de pratiques, examine comment les systèmes éducatifs des pays d’accueil peuvent favoriser le bien-être social et émotionnel des élèves ukrainiens
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  • 186
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (35 p.) , 21 x 28cm.
    Keywords: Datensicherheit ; IT-Kriminalität ; OECD-Staaten ; Economics ; Science and Technology ; Governance
    Abstract: The OECD Policy Framework on Digital Security charts the economic and social dimension of cybersecurity, highlights the OECD approach to digital security policy and equips policymakers to use OECD digital security Recommendations in developing better policies. The Framework also identifies linkages with other policy areas addressed through existing OECD standards and tools. The OECD has been at the forefront of international efforts on guiding policy makers in the area of digital security since 1990 and has become the primary international standard setter in this area. OECD Recommendations on digital security support stakeholders in developing digital security policies for economic and social prosperity, in line with the OECD’s mandate to help governments develop “better policies for better lives”.
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  • 187
    Language: English
    Pages: 1 Online-Ressource (57 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1742
    Keywords: Economics ; Environment ; United Kingdom
    Abstract: The United Kingdom is among world leaders in reducing domestic greenhouse gas emissions, and a broad political consensus supports the target to reduce net emissions to zero by 2050. The UK’s strong institutional framework is an inspiration to countries around the world, and the country is pioneering work to embed climate considerations in the financial sector. Achieving carbon neutrality will require policy to match ambition. Emission reductions so far were largely driven by electricity generation, a sector targeted by explicit pricing instruments and a cost efficient renewables auction-design subsidy scheme. Expanding pricing instruments across the economy is an essential building block to reach targets. Such measures will be more effective if complemented by well-designed sectoral regulation and subsidies, and more acceptable if implemented once energy prices have started to come down from historically high levels. Britons are conscious of the need to act. However, winning their acceptance of the needed policies may require targeting carbon revenue to compensate low-income households and investments in green infrastructure and new technologies. A mechanism defusing fears that effective policies undermine competitiveness, preferably internationally agreed, would facilitate effective policies towards emission intensive trade exposed industries.
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  • 188
    Language: English
    Pages: 1 Online-Ressource (33 p.) , 21 x 28cm.
    Series Statement: OECD Statistics Working Papers no.2022/02
    Keywords: Economics
    Abstract: This paper updates the OECD International Transport and Insurance Cost (ITIC) of Merchandise Trade database, which covers more than 180 countries and partners, and over 1000 products from 1995 to 2020. Transport and insurance costs, also known as CIF-FOB margins, are estimated using a gravity model. A cross-validation procedure is used to evaluate model performance. In addition to describing the methodology, the paper highlights that transport and insurance costs are declining as a fraction of trade value, but this reduction has been flattening out in more recent years. However, an alternative measure, the explicit CIF-FOB margins per kilogramme imported, suggests that transport and insurance costs have been actually rising since 2002. Both CIF-FOB margins and cost per kilogramme imported show increases in 2020 when compared to 2019. This is robust to corrections for compositional changes. The methodology is used to produce the International Transport and Insurance Costs of Merchandise Trade data base and the data is made publically available on .Stat under the International Trade and Balance of Payments heading.
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  • 189
    ISBN: 9789264571600 , 9789264726987 , 9789264536661
    Language: Italian
    Pages: 1 Online-Ressource (20 p.) , 21 x 28cm.
    Parallel Title: Parallele Sprachausgabe OECD Economic Outlook, Interim Report March 2022: Economic and Social Impacts and Policy Implications of the War in Ukraine
    Parallel Title: Parallele Sprachausgabe Perspectives économiques de l'OCDE, Rapport intermédiaire, mars 2022 : Guerre en Ukraine : Conséquences économiques et sociales et implications pour les politiques publiques
    Parallel Title: Parallele Sprachausgabe OECD‑Wirtschaftsausblick, Zwischenausgabe März 2022: Wirtschaftliche und soziale Auswirkungen und Politikimplikationen des Kriegs in der Ukraine
    Keywords: Economics
    Abstract: La guerra in Ucraina lascerà profonde cicatrici nei Paesi dell’OCSE, e non solo. I costi umanitari sono già estremamente elevati: milioni di persone sono in fuga dalla zona del conflitto. Il presente rapporto intermedio esamina le potenziali conseguenze economiche e sociali della guerra. Questo conflitto potrebbe rallentare la ripresa globale dalla pandemia da COVID-19 e far aumentare ulteriormente l’inflazione a livello mondiale.
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  • 190
    Language: English
    Pages: 1 Online-Ressource (74 p.) , 21 x 28cm.
    Series Statement: OECD SME and Entrepreneurship Papers no.33
    Keywords: Economics
    Abstract: This document explores two interrelated aspects of leveraging movable assets to facilitate access to finance: first, the implementation of collateral registries for movable assets, and second, the collateralisation of intangible movable assets. Both dimensions benefit from a case study approach. The report examines how these different instruments function and highlights the opportunities and challenges for making better use of them. It also outlines the role that policies can play in this regard.
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  • 191
    Language: English
    Pages: 1 Online-Ressource (88 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1710
    Keywords: Economics
    Abstract: This paper delivers new evidence for European countries on the role of a wide range of policies for workers’ mobility in terms of hiring transitions into jobs, with an emphasis on differences across socio-economic groups. Labour market transitions are relevant in the current context where the ongoing recovery from the COVID-19 crisis is characterised by labour shortages and at the same time still low employment in a number of countries. The analysis focuses on the probability to transition from unemployment and selected forms of inactivity (e.g. fulfilling domestic tasks, studying) to jobs and from one job to another. Results of this work show the strong association between hiring flows and the business cycle with specific patterns during recoveries, recessions and expansions. The analysis further reveals that a broad range of policies influence hiring transitions, such as labour market policies, taxes and social support programmes but also product market regulations and regulations affecting certain professions. Country-specific priorities will vary depending on context, challenges and social preferences. Yet common policy objectives at the current recovery context are likely to improve the job prospects of the non-employed, especially youth, low-skilled and women, to help the recovery, foster reallocation and to address labour shortages.
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  • 192
    Language: English
    Pages: 1 Online-Ressource (94 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1727
    Keywords: Economics ; Tunisia
    Abstract: Unemployment rates have been persistently high, particularly for young labour market entrants. Rising access to education has increased the supply of high-skilled labour, but the private sector has mainly created jobs in low-skill intensive and low-productivity activities, leading to high unemployment rates among tertiary graduates and particularly for women. Moreover, education and professional training systems operate in isolation from labour market needs and do not equip workers with the skills demanded by firms. Labour market policies and regulations discourage formal job creation and complicate the matching process in the labour market. To foster business dynamism and innovation and create more and better jobs, it is crucial to lower regulatory barriers to market entry and entrepreneurship, raise the international integration of domestic firms and adjust labour taxes. The quality of education and professional training needs to improve, and more cooperation with the private sector is necessary to better prepare youth and young adults for the labour market. Better targeting of active labour market policies and reducing barriers to labour mobility are key to improve labour market matching.
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  • 193
    Language: English
    Pages: 1 Online-Ressource (45 Seiten) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1720
    Keywords: Economics ; Switzerland
    Abstract: Switzerland has a well-functioning labour market with low unemployment, a highly skilled workforce and well-paid jobs. It has proved resilient during the COVID-19 crisis, helped by extensive government support to employment and incomes. As activity recovers, the authorities face the challenge of adapting support measures to avoid hindering job reallocation and productivity growth while ensuring adequate support to vulnerable firms and workers. The pandemic has also reinforced certain pre-existing challenges. The already sizeable gender pay gap risks widening, and older workers face a higher risk of long-term unemployment. Making the labour market more inclusive would help the recovery and raise productivity. Switzerland would benefit from bringing under-represented groups more effectively into the labour market. Raising skills and lowering inequities in education and training will also be essential to facilitate job transitions and ensure that workers and firms benefit from technological change and the digital transformation.
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  • 194
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 1 Online-Ressource (48 p.) , 21 x 28cm.
    Series Statement: OECD Policy Responses to Coronavirus (COVID-19)
    Keywords: Coronavirus ; Wirkungsanalyse ; Politik ; OECD-Staaten ; Economics ; Taxation ; Finance and Investment ; Governance
    Abstract: While the COVID-19 pandemic has hit different countries with varying intensity, responding to the crisis has presented an unprecedented challenge to most governments. In this context, evaluations provide critical tools to support real time sharing of lessons on what is working, what is not, what could work and for whom. This paper draws lessons from evaluations that governments have carried out themselves of their COVID-19 responses. It provides a synthesis of the evidence from 67 such evaluations produced in OECD countries during the first 15 months of the pandemic. These first evaluations show that many governments came to similar conclusions, and allow us to identify important insights that can feed into ongoing policy responses to the crisis – as well as increase future resilience.
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  • 195
    Language: English
    Pages: 1 Online-Ressource (60 p.) , 21 x 28cm.
    Series Statement: OECD Working Papers on Fiscal Federalism no.40
    Keywords: Economics ; Urban, Rural and Regional Development ; Taxation ; Finance and Investment ; Governance
    Abstract: The COVID-19 pandemic led to significant economic disruptions and revenue losses for business impacted by workplace closure measures aimed at restraining the spread of the virus. Governments provided extensive monetary and fiscal support to address liquidity risks and mitigate the potential for mass insolvencies as few businesses had applicable insurance coverage for these types of losses. This paper examines the fiscal and insurance sector responses to the economic disruptions resulting from COVID-19 workplace closures, the challenges to the availability of insurance coverage for this risk and some of the challenges and risks related to large-scale fiscal support for businesses. It also includes a discussion of the potential contribution of a loss-sharing arrangement between governments and insurance markets for pandemic-related business interruption losses as a means of enhancing the contribution of insurance markets to providing financial protection in the context of future pandemics.
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  • 196
    Language: English
    Pages: 1 Online-Ressource (36 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1700
    Keywords: Economics ; Slovak Republic
    Abstract: The Slovak population is set to age rapidly in the next decades, with significant impacts on economic growth and the sustainability of public finances. At the same time, the labour market exit age in Slovakia is among the lowest in the OECD. We use administrative data for Slovakia between 2013 and 2020 to analyse what factors influence the probability of employment exit of older workers. We find that statutory retirement ages have an important influence on the decision to leave employment. Higher educational attainment is associated with later employment exit, suggesting that the employment rate of older workers is likely to increase in the future as younger generations have higher educational attainment. We also find evidence that workers in sectors that are physically more demanding are exiting employment earlier. Impaired health also leads to significantly earlier employment exits. Finally living in a rural area or in areas with high unemployment is associated with earlier exit from the labour market.
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  • 197
    Language: English
    Pages: 1 Online-Ressource (42 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1723
    Keywords: Economics
    Abstract: A defining aspect of the digital age is data and its business use. Data have become an important input for firms (e.g., to train artificial intelligence algorithms) but data use is neither accounted for in macroeconomic statistics nor part of business contracts for goods and services provided to customers. This paper puts data and data investments in a framework amenable to measurement and policy analysis aimed at sharpening our understanding of the modern economies. Data is conceptualized as an intangible asset: a storable, nonrival (yet excludable) factor input that is only partially captured in existing macroeconomic and financial statistics. We provide experimental estimates of data investment designed to encompass data and data intelligence for six major European countries (France, Germany, Italy, Spain, and the United Kingdom) and we found an average value of 5 to 6.5 percent of market sector gross value added in 2010-2018 (Corrado et al, 2022). We also develop a simulation exercise to test the potential growth contribution of data capital, and we find that even limited diffusion of data capital could raise labor productivity growth as much as ½ percentage point per year, but outcomes are highly dependent on factors influenced by policy settings.
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  • 198
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: French
    Pages: 1 Online-Ressource (10 p.) , 21 x 28cm.
    Series Statement: Les réponses de l’OCDE face aux conséquences de la guerre en Ukraine
    Parallel Title: Parallele Sprachausgabe Digitalisation for recovery in Ukraine
    Parallel Title: Parallele Sprachausgabe Цифровізація для відновлення України
    Keywords: Economics ; Industry and Services ; Ukraine
    Abstract: La guerre menée par la Fédération de Russie contre l’Ukraine perturbe gravement l’accès à l’internet, qui a connu un essor rapide dans le pays au cours de la dernière décennie. L’offre numérique de services publics, avec de nouvelles prestations à la pointe du progrès lancées juste avant le début du conflit, a résisté aux premières perturbations. L’économie numérique ukrainienne était en forte expansion avant la guerre et la loi fiscale « Diia City » adoptée par le pays prévoit des mesures spécialement adaptées au secteur des technologies de l’information. Le gouvernement ukrainien doit aujourd’hui faire face à de nombreux défis. Les instruments d’action de l’OCDE peuvent aider l’Ukraine à mener à bien ses projets ambitieux de renforcement et de reconstruction de son espace numérique à court terme (accès à l’internet), à moyen terme (accès aux talents et au financement) et à long terme (mise en place d’une infrastructure de données robuste pour l’économie numérique).
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  • 199
    Language: English
    Pages: 1 Online-Ressource (70 p.) , 21 x 28cm.
    Series Statement: OECD Working Papers on Fiscal Federalism no.39
    Keywords: Economics ; Taxation
    Abstract: Government revenues may be affected by economic growth and changes in demographics over time. The effect of economic growth can be captured by long-run buoyancy – responsiveness of government revenues to GDP growth – while the demographic effect can be captured by changes in labour income, asset income and consumption patterns over the life cycle, as well as population growth. This paper attempts to quantify the effect of population ageing on OECD tax revenues across different levels of government, by estimating error correction models of revenue buoyancies over the 1990 to 2018 period, by type of revenue, country and level of government. Multiple scenarios are used for the projections to 2040, which are combined with scenarios for the evolution of revenue bases using newly harmonized EU and UN National Transfer Accounts data as well as OECD Population Projections.
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  • 200
    Language: English
    Pages: 1 Online-Ressource (31 p.) , 21 x 28cm.
    Series Statement: OECD Productivity Working Papers no.32
    Keywords: Economics ; Science and Technology ; Industry and Services
    Abstract: In the face of slowing productivity growth, a number of OECD countries have set up pro-productivity institutions to produce objective evidence and data on productivity trends and growth drivers and help inform pro-productivity policies and interventions. The paper presents a new analytical framework to analyse the key characteristics of these pro-productivity institutions. The framework draws on a comprehensive stocktaking of pro-productivity institutions and applied policy advice work aimed at supporting capabilities and mutual learning across these institutions. The paper finds that pro-productivity institutions rely on a variety of set-ups and approaches to contribute to pro-productivity policies. Despite this variety, the paper does point to some lessons that can help pro-productivity institutions to continuously strengthen their capabilities. In particular, the paper highlights the importance of guaranteeing the analytical independence of pro-productivity institutions and access to micro-level data on firms and workers to inform policies and interventions with objective data and evidence. The paper opens a new line of research on the political economy of productivity policies that can support countries ensure the effective implementation of policies aimed at enhancing incomes and living standards.
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