Posted . Norway’s predominately public and tuition-free tertiary education system has encouraged participation and generated high attainment rates. However, few Norwegian universities rank high in international comparisons on the basis of research related and other indicators. More...
Germany’s economic performance is strong but productivity and investment need a boost
Posted . The German economy has steadily recovered from the 2008 global crisis. Thanks to past reforms, the labour market has proved strong and export performance has been impressive. The unemployment rate is now the lowest in the European Union. More...
The UK’s heart is wobbling but there are good reasons to Remain in the Union
Posted . Membership of the European Union contributes to the economic prosperity of the United Kingdom. Real GDP per capita has doubled since the United Kingdom joined the European Union in 1973, to almost 40.000 pounds now. More...
Boosting Canada’s productivity through greater small business dynamism
Posted . A dynamic small business sector can heighten competition and underpin productivity growth, as discussed in the 2016 OECD Economic Survey of Canada and Carey et al. (2016, forthcoming). Dynamism tends to be reflected in high start-up rates and strong ‘up-or-out’ dynamics. More...
The risks in Canada’s unusual housing market(s)
Posted . Local housing markets are presently highly disparate in Canada. While in most smaller localities real estate prices are fairly stable and not out of line with the fundamentals (incomes and rents), 10 of the 15 large Census Metropolitan Areas monitored by the Canada Mortgage and Housing Corporation (CMHC) show signs of overvaluation, and seven show moderate or strong evidence of overbuilding. More...
Bringing money into the digital age
By Nicolas Cary. Mankind created software and technologies reducing every distance, border, and difficulty, pulling the world instantly closer together. But what about finance? Wall Street and financial services have not fundamentally changed in the past fifty years. More...
Capitalism Corrupts the Inclusive Market Mechanism
By Rolf Alter. The Brexit debate in the United Kingdom shows that archaic drivers of our societies can emerge again, even in the cradle of democracy. The opponents in this fight are not the UK vs Brussels, but the disenfranchised vs the elite. And even this only represents the outcome of false premises and their validating concepts. More...
Regions will drive the success of the Sustainable Development Goals
By Rolf Alter. The ratification of the Sustainable Development Goals (SDGs) at the UN General Assembly in September 2015, composed of 17 goals and 169 targets, set a global agenda for achieving environmental sustainability, social inclusion and economic development by 2030. More...
Did the OECD Composite Leading Indicators see it coming?
By Roberto Astolfi. At the OECD, we use a number of techniques to determine what the data are telling us is happening now and what might happen in the future. More...
Tackling the productivity paradox: The OECD Global Forum on Productivity
By Catherine L. Mann. The nexus of slowing productivity growth and rising inequality is capturing the attention of policymakers and researchers. The productivity slowdown, its causes, and the link with inclusiveness will be discussed on 7-8 July in Lisbon at the first Annual Conference of the new Global Forum on Productivity, which was created by the OECD in collaboration with a number of Member and non-Member countries. More...