Presentation by the Director General of the International Labour Organisation to G20 Labour and Employment Ministerial Meeting (Beijing, China, 11-13 July, 2016).
This presentation was made by Herdis HARALDSDOTTIR, Iceland, at the 10th Annual Meeting of Middle-East and North Africa Senior Budget Officials (MENA-SBO) held in Doha, Qatar, on 6-7 December 2017
Presentation by Stefano Scarpetta, OECD Director for Employment, Labour and Social Affairs during the meeting of the OECD Global Parliamentary Network on 2 October 2014.
The OECD supports the G20 employment track by reviewing labour market and social developments in G20 countries and highlighting the key policy challenges, as well as by identifying good practices in G20 countries and policy options for a more inclusive labour market tailored to the specific conditions of each country. The OECD has provided extensive support to the G20 Task Force on Employment, notably by contributing to the identification of concrete commitments in the context of the country employment plans, which will feed into the G20 national growth strategies. This includes recommendations on actions to promote a more gender-balanced economy, safer workplaces as well as on policies to tackle structural unemployment and under-employment in low productivity and low paid jobs.
The document presents a framework for inclusive growth that links policies to outcomes related to living standards. It discusses channels of transmission from income generation to distribution and living standards. The framework aims to identify policy trade-offs and synergies across dimensions like growth, health, and inequality. Empirical analysis examines how productivity-enhancing and labor market policies impact inequality and employment. The framework and analysis have implications for Latin American and Caribbean countries, highlighting opportunities to promote inclusive growth through improving education quality and equity, reducing barriers to competition, increasing female labor participation, and calibrating minimum wage and labor policies.
Better Pensions, Better Jobs - 2013 OECD/IOPS AngelMelguizo
This document summarizes a presentation on improving pension coverage in Latin America. It finds that only 44.7% of workers in the region contribute to a pension system, leaving many elderly without adequate pensions. Two policy solutions are proposed: 1) Establishing universal, anti-poverty pensions to ensure no one lives in poverty in old age. 2) Subsidizing formal employment through reduced social security taxes to increase coverage over time. Implementing both policies could increase formal employment from 45% to 63% and cost an average of 1.5% of GDP annually for the region.
This presentation was made by Herdis Solborg HARALDSDOTTIR, Iceland, at the 13th Annual meeting of OECD-CESEE Senior Budget Officials held in Paris on 6-7 July 2017
Enhancing economic-flexibility-what-is-in-it-for-workers-oecd-policy-paper-no...OECD, Economics Department
Product market reforms that increase competition can boost workers' chances of finding jobs, especially for women and younger workers. However, such reforms may also increase job turnover for low-income and low-skilled workers. The effects of flexibility-enhancing policies depend on other labour market policies - reforms are more likely to increase job opportunities where active labour market policies and wage coordination are stronger. Broad reforms across multiple sectors combined with support for vulnerable workers tend to deliver more inclusive growth.
The document summarizes key findings from the 2016 OECD Economic Survey of Korea. It finds that while Korea's economic growth has slowed, productivity growth remains weak and lags leading OECD countries. It also notes population aging will be the fastest in the OECD and the labor force is projected to shrink. Employment rates are low for women, youth, and older persons. Inequality is high, with poverty rates highest for those over 50. Key recommendations include reducing regulatory burdens to boost productivity, expanding social programs to increase employment, and reducing labor market duality to promote social cohesion.
Measuring the impact of gender sensitive policies and budgets on economic gro...OECD Governance
This presentation was made by Helena MORAIS MACEIRA, (EIGE), at the Experts Meeting on Gender Budgeting held in Reykjaviik, Iceland, on 18-19 May 2017.
This presentation was made by Herdis HARALDSDOTTIR, Iceland, at the 10th Annual Meeting of Middle-East and North Africa Senior Budget Officials (MENA-SBO) held in Doha, Qatar, on 6-7 December 2017
Presentation by Stefano Scarpetta, OECD Director for Employment, Labour and Social Affairs during the meeting of the OECD Global Parliamentary Network on 2 October 2014.
The OECD supports the G20 employment track by reviewing labour market and social developments in G20 countries and highlighting the key policy challenges, as well as by identifying good practices in G20 countries and policy options for a more inclusive labour market tailored to the specific conditions of each country. The OECD has provided extensive support to the G20 Task Force on Employment, notably by contributing to the identification of concrete commitments in the context of the country employment plans, which will feed into the G20 national growth strategies. This includes recommendations on actions to promote a more gender-balanced economy, safer workplaces as well as on policies to tackle structural unemployment and under-employment in low productivity and low paid jobs.
The document presents a framework for inclusive growth that links policies to outcomes related to living standards. It discusses channels of transmission from income generation to distribution and living standards. The framework aims to identify policy trade-offs and synergies across dimensions like growth, health, and inequality. Empirical analysis examines how productivity-enhancing and labor market policies impact inequality and employment. The framework and analysis have implications for Latin American and Caribbean countries, highlighting opportunities to promote inclusive growth through improving education quality and equity, reducing barriers to competition, increasing female labor participation, and calibrating minimum wage and labor policies.
Better Pensions, Better Jobs - 2013 OECD/IOPS AngelMelguizo
This document summarizes a presentation on improving pension coverage in Latin America. It finds that only 44.7% of workers in the region contribute to a pension system, leaving many elderly without adequate pensions. Two policy solutions are proposed: 1) Establishing universal, anti-poverty pensions to ensure no one lives in poverty in old age. 2) Subsidizing formal employment through reduced social security taxes to increase coverage over time. Implementing both policies could increase formal employment from 45% to 63% and cost an average of 1.5% of GDP annually for the region.
This presentation was made by Herdis Solborg HARALDSDOTTIR, Iceland, at the 13th Annual meeting of OECD-CESEE Senior Budget Officials held in Paris on 6-7 July 2017
Enhancing economic-flexibility-what-is-in-it-for-workers-oecd-policy-paper-no...OECD, Economics Department
Product market reforms that increase competition can boost workers' chances of finding jobs, especially for women and younger workers. However, such reforms may also increase job turnover for low-income and low-skilled workers. The effects of flexibility-enhancing policies depend on other labour market policies - reforms are more likely to increase job opportunities where active labour market policies and wage coordination are stronger. Broad reforms across multiple sectors combined with support for vulnerable workers tend to deliver more inclusive growth.
The document summarizes key findings from the 2016 OECD Economic Survey of Korea. It finds that while Korea's economic growth has slowed, productivity growth remains weak and lags leading OECD countries. It also notes population aging will be the fastest in the OECD and the labor force is projected to shrink. Employment rates are low for women, youth, and older persons. Inequality is high, with poverty rates highest for those over 50. Key recommendations include reducing regulatory burdens to boost productivity, expanding social programs to increase employment, and reducing labor market duality to promote social cohesion.
Measuring the impact of gender sensitive policies and budgets on economic gro...OECD Governance
This presentation was made by Helena MORAIS MACEIRA, (EIGE), at the Experts Meeting on Gender Budgeting held in Reykjaviik, Iceland, on 18-19 May 2017.
The Great Recession had mostly negative impacts on employment outcomes and wage growth in developing countries. While GDP growth fell significantly between 2007-2009 in most countries, the effects varied based on factors like economic structure, openness, labor policies, and size of fiscal stimulus programs. Countries with larger, more open economies that relied heavily on exports saw bigger drops in employment levels compared to declines in GDP. Macroeconomic policies were more effective than labor market interventions in mitigating the crisis impacts. The document recommends using economic booms to strengthen social safety nets that can expand during downturns to protect the vulnerable.
OECD Compendium of Productivity indicators 2019: Key findings
This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries. An introductory chapter features an analysis of latest developments in productivity, employment and wages.
OECD Well-being and Mental Health Conference, Carrie Exton, OECDStatsCommunications
Session on Integrated approaches to mental health: where do we stand, where do we need to go next?, 6 December 2021, more information at www.oecd.org/wise/well-being-and-mental-health.htm
Building the right skills through strong skills systems can improve both a country's economic prosperity and social cohesion by supporting productivity, employment, and social outcomes like health and civic engagement. Skills systems are strengthened by developing evidence-based national skills strategies, funding skills through public and private sources with effective employer and individual incentives, and providing good information to the public, businesses, and policymakers.
This document discusses the economic impact of obesity and the potential for prevention policies to improve health outcomes and reduce costs. It finds that obese patients incur higher healthcare costs than normal-weight patients. Obesity accounts for a significant portion of healthcare budgets in many countries. Comprehensive prevention packages that combine measures like media campaigns, food labeling, and counseling could tackle obesity in a cost-effective way. Prevention is found to save lives by reducing obesity, extend healthy years, and ultimately reduce health expenditures through avoided treatment costs, though the effects may take decades to be realized. Prevention strategies are considered a good long-term investment for both developed and developing countries.
Economic Development in the Next Economy: Charting a New Path to Growth and P...stevosauruss
1) The U.S. economy has recovered from the Great Recession but still faces problems with slow growth, declining wealth, and lack of inclusion.
2) Metropolitan areas will be key to delivering more balanced and shared economic growth through new approaches to development focused on trade, innovation, and talent.
3) Regional leaders need to embrace strategies like prioritizing people over profits, investing in market assets rather than business recruitment, strengthening trade networks, and tracking long-term economic outcomes.
On October 14, Amy Liu presented at the Annual Economic Summit hosted by Greater Portland Inc. As Portland launches a new Blueprint for Regional Economic Growth, Amy Liu unveiled how metros can adopt a new model of economic development that helps build globally competitive and inclusive regional economies.
The document discusses trends in income growth, productivity, and structural reforms in OECD countries. It finds that most people have seen little income growth for a decade, productivity growth has slowed, and the pace of structural reform has been mixed. It recommends packages of reforms in skills, firms, and jobs to promote inclusive growth through priorities tailored for each country.
This document summarizes findings from a large-scale OECD study on the role of firms in wage inequality. The key findings are:
1) Firm pay practices account for about one-third of overall wage inequality between workers.
2) There are widening productivity gaps between firms, with the most productive firms pulling away, contributing to rising wage dispersion.
3) Barriers to job mobility between firms further widens wage gaps between similar workers at different firms.
The study provides evidence that both skills policies and policies targeting lagging firms and barriers to mobility are needed to strengthen inclusive productivity growth and reduce wage inequality.
This document examines the effects of environmental policies on productivity growth. It finds that stricter environmental policies do not negatively impact aggregate productivity levels over time. Stricter policies provide a temporary boost to productivity growth for technologically advanced industries and firms, while less productive firms experience a temporary decline in productivity growth. However, environmental policies that place high barriers to entry and competition for new firms can burden the economy without providing additional benefits to productivity. The document advocates for flexible, market-based environmental policy instruments that avoid increasing barriers to competition.
The document discusses economic and socioeconomic challenges facing Indonesia's new president Jokowi-JK, including managing growth after the commodity boom ends, creating sufficient jobs, and reducing inequality. Key reforms needed are fiscal reforms like reducing fuel subsidies to create fiscal space for infrastructure spending, making the labor market more flexible while protecting workers, investing more in social protection and skills training, and addressing income and regional disparities.
The document discusses the aging population trends in Europe. It notes that by 2025 over 20% of Europeans will be over 65 years old, with rapid growth in those over 80. Several European countries like Italy and Japan are more severely affected by aging populations, with issues like declining birth rates and increased life expectancies contributing to these trends. An aging population puts pressure on healthcare systems and pensions, and reduces the ratio of workers supporting retirees. The document discusses some options for governments to address aging populations, such as immigration, increasing retirement ages, and incentives for higher birth rates.
The UK Office for National Statistics has launched a National Well-being Programme to measure national well-being beyond traditional economic indicators like GDP. The programme aims to establish an accepted set of national statistics on well-being across ten domains, including health, relationships, education, and the environment. So far, the programme has conducted public consultations, published initial annual reports, and added questions to household surveys on life satisfaction, feelings of worthwhileness, happiness and anxiety. Future work includes further developing measures, analyzing drivers of well-being, and providing local area well-being data. The goal is to better understand and monitor societal progress over time.
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.
The global economy is stuck in a low growth trap according to the OECD Economic Outlook. Growth has declined in many advanced and emerging market economies. Productivity growth has also slowed and inequality has risen as wages are growing more slowly than productivity. Comprehensive collective action is needed including using fiscal policy to boost public investment while interest rates remain low, as well as structural reforms to increase productivity, wages, and equality. Monetary policy alone cannot break the global economy out of its low growth situation and may become overburdened.
Working Better With Age: Engaging Older WorkersStephen Moore
This document discusses trends in employment rates among different age groups and potential ways to support older workers remaining in the workforce. The percentage of people with paying jobs declines significantly from 75% among those aged 18-34 to 34% among those aged 55+. Most people over 55 who do not have paying jobs have not looked for work in over two years, with nearly half not needing or wanting to work due to reasons like retirement or health issues. However, 29% of people over 55 would accept an appealing job offer. The document recommends ways to grow the labor force such as providing flexible work arrangements, investing in skills training, improving employment services, reforming pension systems, and combating age-based discrimination.
2014.11.28 - NAEC Group Meeting_Stefano ScarpettaOECD_NAEC
This document summarizes a meeting that discussed promoting inclusive growth through income, jobs, and health. It finds:
1) Higher income inequality lowers economic growth, while redistribution has not lowered growth.
2) Inequality undermines education opportunities for the poor by restricting access to credit.
3) Job quality, including earnings, security, and work environment, is important for well-being and economic performance beyond just employment levels.
4) Health and socioeconomic factors have a two-way relationship where socioeconomic disadvantages lead to health differences, and poor health drives inequality.
Population size and growth affect a nation's development goals by creating pressure on resources and employment. A rapidly growing population strains resources, jobs, income distribution, poverty programs, and social services. Literacy is important for participating in the labor force as job skills increase over time. Higher literacy is associated with higher labor force participation, while lower literacy contributes to unemployment and poverty. Changes in the labor force include more women and higher levels of educational attainment overall.
This document summarizes the 2017 OECD Economic Survey of China. It finds that while China's growth remains strong, it is slowing. Financial risks from high corporate debt are rising and need addressing. The report recommends making growth more resilient and inclusive by reducing barriers to entrepreneurship, improving corporate governance, strengthening the social safety net, and increasing environmental taxation to make growth greener.
This document provides 10 key recommendations for G20 governments to support youth entrepreneurship based on a diagnostic framework for assessing youth unemployment challenges. The framework segments G20 countries into four quadrants based on their "speed of economic growth" and "quality of jobs for youth". Case studies of best practices from different countries are presented corresponding to the four quadrants. The 10 recommendations aim to address youth unemployment by nurturing young entrepreneurs and include improving access to funding, reducing taxes and regulations, developing entrepreneurship culture, and more.
Avoiding a Lost Generation (Part2): Ten key recommendations to support youth ...EY
Avoiding a lost generation: ten key recommendations to support youth entrepreneurship across the G20, contains both key recommendations and actionable guidance based on best practices adopted by governments across the G20.
It follows on from our previous report, Avoiding a lost generation: young entrepreneurs identify five imperatives for action, where we surveyed 1,000 entrepreneurs on a wide range of possible policy and other initiatives that would boost their activities.
For further information please visit: http://www.ey.com/GL/en/Services/Strategic-Growth-Markets/EY-Supporting-youth-entrepreneurship-across-the-G20
The Great Recession had mostly negative impacts on employment outcomes and wage growth in developing countries. While GDP growth fell significantly between 2007-2009 in most countries, the effects varied based on factors like economic structure, openness, labor policies, and size of fiscal stimulus programs. Countries with larger, more open economies that relied heavily on exports saw bigger drops in employment levels compared to declines in GDP. Macroeconomic policies were more effective than labor market interventions in mitigating the crisis impacts. The document recommends using economic booms to strengthen social safety nets that can expand during downturns to protect the vulnerable.
OECD Compendium of Productivity indicators 2019: Key findings
This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries. An introductory chapter features an analysis of latest developments in productivity, employment and wages.
OECD Well-being and Mental Health Conference, Carrie Exton, OECDStatsCommunications
Session on Integrated approaches to mental health: where do we stand, where do we need to go next?, 6 December 2021, more information at www.oecd.org/wise/well-being-and-mental-health.htm
Building the right skills through strong skills systems can improve both a country's economic prosperity and social cohesion by supporting productivity, employment, and social outcomes like health and civic engagement. Skills systems are strengthened by developing evidence-based national skills strategies, funding skills through public and private sources with effective employer and individual incentives, and providing good information to the public, businesses, and policymakers.
This document discusses the economic impact of obesity and the potential for prevention policies to improve health outcomes and reduce costs. It finds that obese patients incur higher healthcare costs than normal-weight patients. Obesity accounts for a significant portion of healthcare budgets in many countries. Comprehensive prevention packages that combine measures like media campaigns, food labeling, and counseling could tackle obesity in a cost-effective way. Prevention is found to save lives by reducing obesity, extend healthy years, and ultimately reduce health expenditures through avoided treatment costs, though the effects may take decades to be realized. Prevention strategies are considered a good long-term investment for both developed and developing countries.
Economic Development in the Next Economy: Charting a New Path to Growth and P...stevosauruss
1) The U.S. economy has recovered from the Great Recession but still faces problems with slow growth, declining wealth, and lack of inclusion.
2) Metropolitan areas will be key to delivering more balanced and shared economic growth through new approaches to development focused on trade, innovation, and talent.
3) Regional leaders need to embrace strategies like prioritizing people over profits, investing in market assets rather than business recruitment, strengthening trade networks, and tracking long-term economic outcomes.
On October 14, Amy Liu presented at the Annual Economic Summit hosted by Greater Portland Inc. As Portland launches a new Blueprint for Regional Economic Growth, Amy Liu unveiled how metros can adopt a new model of economic development that helps build globally competitive and inclusive regional economies.
The document discusses trends in income growth, productivity, and structural reforms in OECD countries. It finds that most people have seen little income growth for a decade, productivity growth has slowed, and the pace of structural reform has been mixed. It recommends packages of reforms in skills, firms, and jobs to promote inclusive growth through priorities tailored for each country.
This document summarizes findings from a large-scale OECD study on the role of firms in wage inequality. The key findings are:
1) Firm pay practices account for about one-third of overall wage inequality between workers.
2) There are widening productivity gaps between firms, with the most productive firms pulling away, contributing to rising wage dispersion.
3) Barriers to job mobility between firms further widens wage gaps between similar workers at different firms.
The study provides evidence that both skills policies and policies targeting lagging firms and barriers to mobility are needed to strengthen inclusive productivity growth and reduce wage inequality.
This document examines the effects of environmental policies on productivity growth. It finds that stricter environmental policies do not negatively impact aggregate productivity levels over time. Stricter policies provide a temporary boost to productivity growth for technologically advanced industries and firms, while less productive firms experience a temporary decline in productivity growth. However, environmental policies that place high barriers to entry and competition for new firms can burden the economy without providing additional benefits to productivity. The document advocates for flexible, market-based environmental policy instruments that avoid increasing barriers to competition.
The document discusses economic and socioeconomic challenges facing Indonesia's new president Jokowi-JK, including managing growth after the commodity boom ends, creating sufficient jobs, and reducing inequality. Key reforms needed are fiscal reforms like reducing fuel subsidies to create fiscal space for infrastructure spending, making the labor market more flexible while protecting workers, investing more in social protection and skills training, and addressing income and regional disparities.
The document discusses the aging population trends in Europe. It notes that by 2025 over 20% of Europeans will be over 65 years old, with rapid growth in those over 80. Several European countries like Italy and Japan are more severely affected by aging populations, with issues like declining birth rates and increased life expectancies contributing to these trends. An aging population puts pressure on healthcare systems and pensions, and reduces the ratio of workers supporting retirees. The document discusses some options for governments to address aging populations, such as immigration, increasing retirement ages, and incentives for higher birth rates.
The UK Office for National Statistics has launched a National Well-being Programme to measure national well-being beyond traditional economic indicators like GDP. The programme aims to establish an accepted set of national statistics on well-being across ten domains, including health, relationships, education, and the environment. So far, the programme has conducted public consultations, published initial annual reports, and added questions to household surveys on life satisfaction, feelings of worthwhileness, happiness and anxiety. Future work includes further developing measures, analyzing drivers of well-being, and providing local area well-being data. The goal is to better understand and monitor societal progress over time.
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.
The global economy is stuck in a low growth trap according to the OECD Economic Outlook. Growth has declined in many advanced and emerging market economies. Productivity growth has also slowed and inequality has risen as wages are growing more slowly than productivity. Comprehensive collective action is needed including using fiscal policy to boost public investment while interest rates remain low, as well as structural reforms to increase productivity, wages, and equality. Monetary policy alone cannot break the global economy out of its low growth situation and may become overburdened.
Working Better With Age: Engaging Older WorkersStephen Moore
This document discusses trends in employment rates among different age groups and potential ways to support older workers remaining in the workforce. The percentage of people with paying jobs declines significantly from 75% among those aged 18-34 to 34% among those aged 55+. Most people over 55 who do not have paying jobs have not looked for work in over two years, with nearly half not needing or wanting to work due to reasons like retirement or health issues. However, 29% of people over 55 would accept an appealing job offer. The document recommends ways to grow the labor force such as providing flexible work arrangements, investing in skills training, improving employment services, reforming pension systems, and combating age-based discrimination.
2014.11.28 - NAEC Group Meeting_Stefano ScarpettaOECD_NAEC
This document summarizes a meeting that discussed promoting inclusive growth through income, jobs, and health. It finds:
1) Higher income inequality lowers economic growth, while redistribution has not lowered growth.
2) Inequality undermines education opportunities for the poor by restricting access to credit.
3) Job quality, including earnings, security, and work environment, is important for well-being and economic performance beyond just employment levels.
4) Health and socioeconomic factors have a two-way relationship where socioeconomic disadvantages lead to health differences, and poor health drives inequality.
Population size and growth affect a nation's development goals by creating pressure on resources and employment. A rapidly growing population strains resources, jobs, income distribution, poverty programs, and social services. Literacy is important for participating in the labor force as job skills increase over time. Higher literacy is associated with higher labor force participation, while lower literacy contributes to unemployment and poverty. Changes in the labor force include more women and higher levels of educational attainment overall.
This document summarizes the 2017 OECD Economic Survey of China. It finds that while China's growth remains strong, it is slowing. Financial risks from high corporate debt are rising and need addressing. The report recommends making growth more resilient and inclusive by reducing barriers to entrepreneurship, improving corporate governance, strengthening the social safety net, and increasing environmental taxation to make growth greener.
This document provides 10 key recommendations for G20 governments to support youth entrepreneurship based on a diagnostic framework for assessing youth unemployment challenges. The framework segments G20 countries into four quadrants based on their "speed of economic growth" and "quality of jobs for youth". Case studies of best practices from different countries are presented corresponding to the four quadrants. The 10 recommendations aim to address youth unemployment by nurturing young entrepreneurs and include improving access to funding, reducing taxes and regulations, developing entrepreneurship culture, and more.
Avoiding a Lost Generation (Part2): Ten key recommendations to support youth ...EY
Avoiding a lost generation: ten key recommendations to support youth entrepreneurship across the G20, contains both key recommendations and actionable guidance based on best practices adopted by governments across the G20.
It follows on from our previous report, Avoiding a lost generation: young entrepreneurs identify five imperatives for action, where we surveyed 1,000 entrepreneurs on a wide range of possible policy and other initiatives that would boost their activities.
For further information please visit: http://www.ey.com/GL/en/Services/Strategic-Growth-Markets/EY-Supporting-youth-entrepreneurship-across-the-G20
The document discusses employment trends over the past 20 years and policies related to employment and development. It notes that employment is a key factor in poverty reduction but that economic crises negatively impact employment conditions. Six major labor market trends are outlined, including declining employment rates and increasing casualization of labor. Both short-term and long-term national employment policies are examined. The document also considers how development aid could be framed to better promote employment creation.
Short-term momentum: will it be sustained? OECD Economic Outlook presentation...OECD, Economics Department
The OECD interim economic report provides the following key points:
1) The short-term global economic momentum has become more broad-based across major economies due to improvements in the euro area and synchronised growth across countries.
2) However, strong and sustained medium-term growth is not assured as private investment remains weak and inflation and wage growth are still subdued.
3) Policymakers must pursue fiscal and structural reforms to rebalance support for inclusive growth through better tax and spending policies while managing financial risks.
The Turkish G20 presidency will focus on three pillars: strengthening global recovery and lifting potential growth, enhancing resilience, and buttressing sustainability. Key priorities include boosting investment, increasing employment, promoting trade, completing financial regulations, and supporting development goals. Outreach efforts will broaden participation, and key meetings will be held throughout 2015, culminating in the Leaders' Summit in November.
How industrial Development matters for the well-being of the population.Christina Parmionova
There is strong evidence that citizens living
in developed industrialized countries enjoy far
more prosperous and healthy lives than those who reside in least developed countries (LDCs). The former benefit from high levels of education, better social security and health services, sophisticated
transport and communication networks, and access to information, knowledge, technology and
financial facilities required by businesses. This
report presents empirical evidence on the correlation between industrial development and other
dimensions of sustainable development, with
a view to improving the understanding of these
correlations among policy-makers at both national and international level. The report does not draw, however, draw on the causal analysis
of the variables under study
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.
OECD: Going for Growth Interim Report 2016
OECD has just published his annual “Going for Growth Interim Report” for the year 2016.
“Going for Growth” offers a comprehensive assessment to help governments reflecting on how policy reforms might affect their citizens’ well-being, and to design policy packages that best meet their objectives. The Going for Growth framework is instrumental in helping G20 countries to monitor their efforts to fulfill the pledge made in 2014 to boost their combined gross domestic product (GDP) by 2%, and to adapt their growth strategies accordingly.
United states-2018-oecd-economic-survey-sustaining-growth-and-raising-employmentOECD, Economics Department
The document is an OECD Economic Survey of the United States that discusses recent economic trends and makes policy recommendations. It finds that the US expansion is continuing with GDP and employment growth, but fiscal stimulus is needed to sustain growth. It recommends implementing corporate tax reform permanently and reining in spending to stabilize public debt. It also suggests reducing regulatory barriers in services, boosting skills training, and addressing the opioid crisis to help more workers find jobs.
This document summarizes a presentation on macroeconomic trends, shocks, and prudent levels of government debt. It discusses how long-term projections are used to examine issues like technological change, demographics, and fiscal sustainability over decades. It notes that world growth is projected to slow while emerging economies like India and China increase their share of global output. For OECD countries, aging populations will weigh on growth in living standards. The document outlines a simulation-based approach to determining prudent debt targets for individual countries that account for shocks and ensure debt levels remain below established thresholds. Prudent debt targets and required fiscal efforts to meet them through 2040 are presented for various countries.
This study aims to investigate the impact of innovation on economic growth among G7 and BRICS countries from 2000-2017. It uses R&D expenditures, patents, and trademarks as measures of innovation and GDP per capita as a measure of economic growth. The study employs a panel vector autoregressive (PVAR) model to examine how economic growth reacts to shocks from innovation indicators over time for both country groups. The results show that R&D, patents, and trademarks have a significant positive impact on economic growth for both G7 and BRICS countries. However, the impact is larger for G7 countries compared to BRICS countries. The impulse response functions from the PVAR model also indicate that the impact of innovation on economic
EY : Baromètre 2013 de l'entrepreneuriat dans les pays du G20 #EY #G20Franck Sebag
Baromètre EY 2013 de l'entrepreneuriat dans les pays du G20
« La règle de trois »
L’entrepreneuriat, moteur de la croissance et de l’emploi
L’entrepreneuriat est clairement identifié dans tous les pays du G20 comme un levier incontournable pour relancer la croissance, ainsi que le montre la 2ème édition du Baromètre EY 2013 de l’entrepreneuriat* :
67% des emplois créés en 2012 dans les pays de l’UE l’ont été par des entrepreneurs ;
74% des entrepreneurs des pays du G20 affirment avoir recruté l’an passé grâce à la croissance qu’ils ont pu générer par l’innovation.
2013 The EY G20 Entrepreneurship Barometer 2013Steve Mondragon
The document is an executive summary of the EY G20 Entrepreneurship Barometer 2013, which analyzes and compares entrepreneurial ecosystems across G20 countries. Some key findings:
- The United States ranks first overall, followed by the United Kingdom and China. Australia, Canada, South Korea, and Germany also rank highly. Argentina and India rank in the bottom quartile.
- The United States leads in access to funding and entrepreneurship culture. Saudi Arabia tops tax and regulation while France leads in education and training. Russia provides the most coordinated support.
- Every G20 country excels in some areas but all need to improve support for entrepreneurs. Adopting other countries' successful policies and
Longer-term forecastings - David Turner, Economics Department, OECDOECD Governance
This presentation was made by David Turner, Economics Department, OECD, at the 11th Meeting of OECD PBO & IFIs held in Lisbon, Portugal, on 4-5 February 2019
This document summarizes the OECD's analysis of G-20 countries' growth strategies. It discusses the OECD's role in assessing the strategies and quantifying their potential economic impacts. The OECD found over 950 policy commitments in the strategies, spanning areas like investment, employment, competition and trade. Using economic modeling, the OECD estimates these commitments could increase G-20 GDP by 1.8% by 2018, though there is uncertainty in such forecasts. Next steps include finalizing the strategies, monitoring their implementation, and further OECD analysis of fiscal policy impacts.
ILO-IMF-OECD-WBG-Achieving-stronger-growth-by-promoting-a-more-gender-balance...Women Forum Bangalore
This document discusses gender gaps in labor market outcomes in G20 countries. It finds that while progress has been made in closing gaps, substantial differences remain between men and women. Women are less likely to participate in the labor force, work full-time, progress in their careers, and earn comparable wages. Educational attainment of women has increased but does not always translate to equal opportunities. The document advocates for policies to promote gender equality in education, skills, access to assets/finance, and quality jobs to strengthen economic growth.
The OECD Action Plan for Youth aims to tackle high youth unemployment and strengthen long-term employment prospects for youth. The plan includes measures to boost job creation and support for unemployed youth. It also focuses on strengthening education, vocational training, and support for transitioning to the workforce. The OECD is committed to working with countries to implement national and local plans through activities like workshops on best practices, short policy notes, and more comprehensive country reviews. The goal is to help youth acquire skills and access quality employment opportunities.
http://pwc.to/1lN91cC
Comme tous les mois, l’équipe d’économistes de PwC publie une note sur la situation macro-économique mondiale. Ce mois-ci, focus sur l’accroissement des inégalités dans les pays matures ; les incertitudes concernant la croissance chinoise ; et les prévisions de croissance pour la Grande-Bretagne.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
4. Disturbing trends in job quality
www.ilo.org
Earnings stable or worsening in most G20
countries.
Real wage growth uneven.
Labour market insecurity increased.
Job strain and very long working hours on a
downward path.
5. Trends and policy developments in
female employment
www.ilo.org
Since 2012, some progress in reducing
gender gaps but much remains to be done
to achieve 25 by 25 target.
Country reports by G20 members show a
wide range of new measures.
6. Trends and policy developments on youth employment
NEET rate has fallen in some G20 countries.
Long-term declines in informality among youth in most
emerging economies .
Country reports include many measures addressing G20
youth goal
7. Trends and policy developments on occupational
health and safety
G20 countries are determined to improve occupational
safety and health (OSH) throughout the world.
Country reports indicate a wide range of actions.
8. Emerging Challenges and Responses
Considerable policy activity addressing both immediate
concerns stemming from slow growth as well as medium
to long term changes in the structure of employment.
Looking to the medium and longer term, countries
identify similar lists of challenges and policy responses
9. Looking ahead
Ministers may wish to address:
Escaping risk of a slow growth trap
Rising social and political tensions arising from setbacks in jobs outlook
Balancing measures that counteract slow growth with those focussed on
employment structure.
Implementation of 2030 Agenda for Sustainable Development, in
particular regarding inclusive growth and decent work.
Declaration provides a strong bridge of practical policies for Summit.