OECD Economic Surveys: Spain 2018

OECD Economic Surveys: Spain 2018

Author: OECD

Publisher: OECD Publishing

Published: 2018-11-22

Total Pages: 138

ISBN-13: 9264308555

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The Spanish economy continues its strong growth, thanks to past structural reforms, robust employment growth and accommodative macroeconomic policies. However, the legacy of the crisis has not yet been fully overcome and imbalances remain.


OECD Economic Surveys: Korea 2018

OECD Economic Surveys: Korea 2018

Author: OECD

Publisher: OECD Publishing

Published: 2018-06-20

Total Pages: 160

ISBN-13: 9264300821

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Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...


OECD Economic Surveys

OECD Economic Surveys

Author: OECD

Publisher: Org. for Economic Cooperation & Development

Published: 2018-05-17

Total Pages: 0

ISBN-13: 9789264292512

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- Basic statistics of Greece, 2016 (Numbers in parentheses refer to the OECD average) - Executive summary - Assessment and recommendations - Progress in structural reforms - Boosting investment - Generating employment, raising incomes and addressing poverty


OECD Economic Surveys: Australia 2018

OECD Economic Surveys: Australia 2018

Author: OECD

Publisher: OECD Publishing

Published: 2018-12-10

Total Pages: 128

ISBN-13: 9264308598

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Australia's long span of positive output growth continues, demonstrating the economy's resilience. In the absence of negative shocks, policy rates should start to rise soon, as wage growth and price-inflation pick up. Fiscal discipline will nevertheless still be required to bring balances to ...


OECD Economic Surveys: Spain 2021

OECD Economic Surveys: Spain 2021

Author: OECD

Publisher: OECD Publishing

Published: 2021-05-27

Total Pages: 124

ISBN-13: 9264555803

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The Spanish economy entered a deep recession in 2020 due to the COVID-19 pandemic. A strong government response has protected jobs and firms. However, the crisis has exacerbated long-standing structural challenges, such as high unemployment, inequalities and regional disparities.


OECD Economic Surveys: Greece 2020

OECD Economic Surveys: Greece 2020

Author: OECD

Publisher: OECD Publishing

Published: 2020-07-22

Total Pages: 135

ISBN-13: 9264913521

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Greece’s economy had been expanding by nearly 2% for over three years before the COVID-19 shock. Structural reforms, high primary budget surpluses and debt measures underpinned Greece’s recovery and rising confidence. Then the COVID-19 pandemic struck, abruptly interrupting the recovery and adding new challenges to raising inclusiveness, competitiveness and growth.


OECD Economic Surveys: Euro Area 2018

OECD Economic Surveys: Euro Area 2018

Author: OECD

Publisher: OECD Publishing

Published: 2018-06-19

Total Pages: 95

ISBN-13: 9264302093

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The euro area economy is growing robustly, and GDP growth is projected to remain strong in 2018 and 2019. These improved economic conditions should facilitate further reforms needed to enhance euro area resilience to downturns and ensure its long-term sustainability. Rapid resolution of ...


Regulation, Productivity and Growth

Regulation, Productivity and Growth

Author: Giuseppe Nicoletti

Publisher: World Bank Publications

Published: 2003

Total Pages: 68

ISBN-13:

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In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation-growth linkage using data that cover a large set of manufacturing and service industries over the past two decades. We focus on multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross-country variance. We find evidence that reforms promoting private governance and competition (where these are viable) tend to boost productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing the gains are greater the further a given country is from the technology leader, suggesting that regulation limiting ...