Global growth has returned to pre-crisis levels, but reforms have been modest. While some countries took significant steps to promote business and boost skills/innovation, progress on education was limited. Reforms helped workers cope with changing jobs but intensity varied across areas. Coherent multi-dimensional reforms across firms, skills, and workers could maximize synergies and share benefits broadly over time.
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Ne...OECD Governance
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Netherlands, 24nd April, 2014. Presented by Enrique Garcilazo, David Bartolini & Isabelle Chatry from the OECD's Public Governance and Territorial Development directorate. More information on this publication can be found at www.oecd.org/gov/regional-policy/territorial-review-netherlands.htm
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Ne...OECD Governance
Presentation of the OECD Territorial Review of the Netherlands, The Hague, Netherlands, 24nd April, 2014. Presented by Enrique Garcilazo, David Bartolini & Isabelle Chatry from the OECD's Public Governance and Territorial Development directorate. More information on this publication can be found at www.oecd.org/gov/regional-policy/territorial-review-netherlands.htm
Will risks-derail-the-modest-recovery-oecd-interim-economic-outlook-march-2017OECD, Economics Department
Global GDP growth is projected to pick up modestly to around 3½ per cent in 2018, from just under 3% in 2016, boosted by fiscal initiatives in the major economies. The forecast is broadly unchanged since November 2016. Confidence has improved, but consumption, investment, trade and productivity are far from strong, with growth slow by past norms and higher inequality.
While growth has picked up, more needs to be done for Japan to overcome two key challenges – a record high government debt ratio and an accelerating decline in its working-age
population.
Will risks-derail-the-modest-recovery-oecd-interim-economic-outlook-march-2017OECD, Economics Department
Global GDP growth is projected to pick up modestly to around 3½ per cent in 2018, from just under 3% in 2016, boosted by fiscal initiatives in the major economies. The forecast is broadly unchanged since November 2016. Confidence has improved, but consumption, investment, trade and productivity are far from strong, with growth slow by past norms and higher inequality.
While growth has picked up, more needs to be done for Japan to overcome two key challenges – a record high government debt ratio and an accelerating decline in its working-age
population.
Better but-not-good-enough-oecd-economic-outlook-presentation-june-2017Michael D. Underhill
Global Economic Outlook, June 2017: OECD expects global GDP to grow at a 3.5% clip this year and at a 3.6% pace in 2018, thanks in part to stronger business and consumer confidence, recovering trade flows and improving unemployment dynamics.
Measuring progress is a key part of the the EU 2020 strategy. One of the missing indicators are the "share of high-growth innovative enterprises in the economy". The presentation will discuss alternative definitions of "innovative" high growth enterprises, highlight their strengths and weakenesses and present some test of the definitions and recommendations for how Eurostat can construct the new indicator.
Winning with the Industrial Internet of Things: How to accelerate the journey...accenture
The Industrial Internet of Things (IIoT) will bring new economic growth, reinventing sectors that account for almost two-thirds of world output. The raw technical conditions for the widespread adoption of the IIoT are highly favorable. Today, the IIoT is helping to improve productivity, reduce operating costs and enhance worker safety. As the world struggles to emerge from a phase of weak productivity growth, fragile employment and pockets of inadequate demand, the IIoT offers a chance to redefine many sectors and accelerate economic and employment growth.
Launch OECD report on Productivity and jobs in a globalised worldOECDregions
The launch event for the OECD report Productivity and Jobs in a Globalised World: (How) Can All Regions Benefit? was hosted by the European Committee of the Regions and the European Commission’s Directorate‑General for Regional and Urban Policy. The official launch and press briefing took place in the morning, followed by an in‑depth presentation of the report in the afternoon. The World Bank discussed the report and presented findings from the World Bank report Rethinking Lagging Regions in the EU: evidence-based principles for future Cohesion Policy.
http://www.oecd.org/publications/productivity-and-jobs-in-a-globalised-world-9789264293137-en.htm
Presentation by Christian Kastrop, Director, Policy Studies Branch, OECD Economics Department during OECD Global Parliamentary Network meeting on 2 October 2014.
G-20 Finance Ministers and Central Bank Governors agreed in February 2014 to develop policies able to "lift the G-20 collective GDP by more than 2% above the trajectory implied by current policies over the coming 5 years". To that end, G-20 countries have been developing comprehensive Growth Strategies, which will form the basis of a Brisbane Action Plan to be endorsed by Leaders in Brisbane in November. The OECD has contributed substantially to the definition of this target, identifying the areas where reforms would have the most positive impact on GDP. The OECD has also provided an assessment of the reform commitments in countries’ Growth Strategies in two rounds of review, helping to identify the scope for additional efforts to achieve the 2% objective.
Globalisation has become associated with difficulties for less-skilled workers, inequality and a general sense that it is not working for large sections of society, in both advanced and emerging economies. There is much to be done with domestic policy to improve outcomes, but there is also a strong need for better alignment of domestic and international policies and a more level playing field in the cross-border activities of businesses.
This booklet reproduces highlights from the 2017 edition of the OECD Business and Finance Outlook which focuses on ways to enhance “fairness”, in the sense of strengthening global governance, to ensure a level playing field in trade, investment and corporate behaviour, through the setting and better enforcement of global standards.
Find out more here http://www.oecd.org/daf/oecd-business-and-finance-outlook-2017-9789264274891-en.htm
MSME Sector - Growth, Challenges & Opportunities Resurgent India
The MSME sector contributes in a significant way to the growth of the Indian economy across the realms of production system, employment generation, national output, exports etc. The MSME Sector comprises of approximately 48 million units that produce more than 6,000 products ranging from traditional to high-tech items. The sector is driving sustainable growth in Indian economy by providing employment to around 111 million people, accounts for 45% of the manufacturing output, 40% of the country's exports and contributes 8-9% to the country's GDP.
En base a sondeos en todas las economías de la Cuenca, PECC en su reporte State of the Region 2018 identifica los siguientes riesgos principales:
1. Proteccionismo: Pese a buenas percepciones sobre las perspectivas económicas para 2018, el proteccionismo encabeza los riesgos de política más importantes, junto con la falta de implementación de reformas estructurales. Existe una percepción negativa del entorno político para un comercio y una inversión más libres, aunque sigue habiendo optimismo en la conclusión de los acuerdos megaregionales en el corto plazo.
2. Se espera que el cambio tecnológico tenga un impacto serio en las economías regionales, y sin embargo quedan cuestiones de política críticas que deben abordarse: el impacto en el empleo, en la protección de datos y la privacidad y en la infraestructura digital.
3. Privacidad de datos, flujos de datos transfronterizos y resolución de disputas en línea: sigue habiendo brechas entre el empresariado y los gobiernos sobre la importancia relativa estos temas.
Presentación de Dirk Pilat, Director Adjunto de la Dirección de Ciencia, Tecnología e Innovación de la OCDE en el 31º Encuentro de de la Economía Digital y las Telecomunicaciones: La realidad digital de España, celebrado en la UIMP en septiembre de 2017
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
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how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
2. Global growth is back to cruising speed
2
Real GDP, year-on-year growth
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
2003-
07
2011-
15
2016 2017 2018 2019 2003-
07
2011-
15
2016 2017 2018 2019 2003-
07
2011-
15
2016 2017 2018 2019
World G20 Advanced G20 Emerging
Per cent
Note: Average of annual growth rates for 2003-07 and 2011-15. OECD Projections for 2018 and 2019.
Source: OECD, Interim Economic Outlook, March 2018.
3. 3
Jobs are being created
Employment rate
Note: All persons aged 15-64 years.
Source: OECD Short-Term Labour Market statistics; and OECD calculations.
Euro area
United States
Japan
4. 4
More rapid job gains are benefiting all groups
Source: OECD Employment database.
Employment rate
84
86
88
90
92
94
96
98
100
102
104
84
86
88
90
92
94
96
98
100
102
104
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
15-24 year-olds 25-64 year-olds
Low skilled (below upper secondary education) High skilled (tertiary education)
Employment as % of population in the group (2007=100)
5. 5
But most people in many OECD countries have seen
little or no income growth for a decade
Household real disposable income
OECD average
Note: The OECD average is a simple average of the 17 OECD member countries for which data is available for the
whole period.
Source: OECD Income Distribution database; and OECD calculations.
Top 10%
Bottom 10%
Median
6. 6
Source: OECD Economic Outlook database; and OECD calculations.
Rising depreciation rates are holding down net investment in productive capital
Investment as per cent of productive capital stock
Gross investment is coming back, but net
investment is still weak
-1
0
1
2
3
4
5
6
7
8
9
DEU FRA GBR ITA JPN USA
% A. Gross investment
2014-16 1997-07
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
DEU FRA GBR ITA JPN USA
% B. Net investment
2014-16 1997-07
7. The take-up in digital technologies is
uneven
0
20
40
60
80
100
0
20
40
60
80
100
Broadband E-purchases Cloud computing E-sales Big data RFID
Median
Diffusion of selected ICT tools and activities in enterprises,
OECD countries, 2016
Note: Radio frequency identification (RFID) is a technology that enables contactless transmission of information via radio waves.
RFID can be used for a wide range of purposes, including personal identification or access control, logistics, retail trade and
process monitoring in manufacturing. For RFID, data refer to 2014.
8. The widening productivity gap - particularly in
digitally-intensive services
Average of MFP across 2-digit sectors (log, 2001=0)
ICT-intensive services Non ICT-intensive services
-0.2
0.0
0.2
0.4
0.6
0.8
1.0
Frontier firms
Laggards
Top 10%
Top 2%
-0.2
0.0
0.2
0.4
0.6
0.8
1.0
Frontier firms
Laggards
Top 10%
Top 2%
Source: Andrews D., C. Criscuolo and P. Gal (2016), The best versus the rest: the global productivity slowdown, divergence
across firms and the role of public policies, OECD Productivity Working Papers No.5
9. The pace of structural reform is modest
9
Responsiveness rates to Going for Growth recommendations
Fully coloured bars refer to the share of fully implemented reforms
Note: The estimated rate of responsiveness is captured by the Going for Growth indicator of reform responsiveness. For 2017,
reforms in the process of implementation are included to ensure comparability with previous two-year periods. Emerging
economies include Chile, Mexico, Turkey, Argentina, Brazil, China, Colombia, Costa Rica, Indonesia, India, Russia and South
Africa. Advanced economies include all non-emerging OECD member countries and Lithuania.
0
5
10
15
20
25
30
35
40
45
0
5
10
15
20
25
30
35
40
45
2011-12 2013-14 2015-16 2017 2011-12 2013-14 2015-16 2017
Per cent
In process of
implementation
In process of
implementation
11. Promote
business
dynamism and
the diffusion of
knowledge
Firms
Unlock skills
development and
innovation
capacity
Skills
Help workers
benefit from a
fast-changing
labour market
Workers
3 broad categories of recommendations
• Barriers to entry,
competition, exit,
trade and FDI,
• Structure and
efficiency of the
tax system,
• Legal and
physical
infrastructure
• Primary and
secondary
education
• Higher
education and
VET
• R&D policies
• A more inclusive labour
market (gender, migrants,
low-skilled, etc.)
• ALMPs and social benefits
• Labour mobility and
health sector
• Labour market regulation
13. Reform progress is slow on education
13
Reform intensity by area
Share of implemented Going for Growth recommendations, selection of largest reform areas
Note: share of recommendations in total recommendations presented on the left margin.
0 10 20 30 40 50 60 70 80 90 100
Regulation and organisation of the labour market
Active labour market policies and Social benefits
A more inclusive labour market (gender, minorities,
migrants, low-skilled)
Physical and legal infrastructure
Tax structure
Barriers to entry, competition, trade and FDI
R&D and innovation
Higher, vocational and training
Primary and secondary education
4%10%13%10%10%24%5%11%8%
WorkersFirmsSkills
Fully implemented and in process of implementation Limited steps or no action taken
14. Some significant actions were taken
(examples)
Promote business dynamism and the diffusion of knowledge
Firms
Countries with significant actions
taken (including in-progress)
Tax structure
Physical and legal infrastructure
Barriers to entry, exit, competition, trade and FDI
(small) measures in
a large number of countries
15. Unlock skills development and innovation capacity
Skills
Some significant actions were taken
(examples)
Countries with significant actions
taken (including in-progress)
Primary and secondary education
Higher education and vocational education
and training (VET)
(small) measures in
a number of countries
R&D policies
(small) measures in
a number of countries
16. Help workers benefit from a fast-changing labour market
Workers
Some significant actions were taken
(examples)
Countries with significant actions
taken (including in-progress)
A more inclusive labour market (gender, minorities,
migrants, low-skilled…)
Active labour market policies and social benefits , health and
mobility
GRC, ITA, CHN, GBP, FIN
Regulation and organisation of the labour market (EPL,
minimum wages, wage bargaining, taxation)
FRA, KOR,
17. Reforming across several dimensions
can bring synergies
Actions taken across several areas of Going for Growth recommendations
Fully implemented and partially implemented reforms, share of all countries (%)
0
5
10
15
20
25
30
35
40
45
0
5
10
15
20
25
30
35
40
45
Skills & Workers & Firms Skills & Workers Firms & Workers Firms & Skills
Advanced economies
Emerging economies
18. Countries tend to reform across several
areas
At least one action taken on each recommendation category
Fully implemented and partially implemented reforms, share of all countries (%)
19. • Favourable economic conditions for reforms should not be wasted.
• In 2017, the pace of reforms is modest in both advanced and
emerging economies, but some bold actions have been taken.
• The intensity of reforms has varied across policy areas:
– In promoting business dynamism and knowledge diffusion (“firms”): several
significant measures on infrastructure and taxes but less on barriers to entry,
competition, exit and trade.
– Not much in boosting higher education and innovative capacity (“skills”),
– Significant reforms in helping workers to cope with potentially rapid changes in
jobs and tasks (“workers”).
• A coherent reform strategy is crucial to reap synergies, manage
trade-offs and ensure that the benefits are broadly shared over time.
OECD Going for Growth 2018:
Main findings
20. http://www.oecd.org/eco/going-for-growth/
For more information
Disclaimers:
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of
the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries
and to the name of any territory, city or area.