The full version of the Wall Street Journal/Times Higher Education US College Rankings has just been released by Times Higher Education (THE). A preliminary announcement was made at the THE World Summit held recently at the University of California Berkeley. More...
Posted . Labour market mobility in the European Union is increasing, but it remains too low to provide sufficient adjustment in the face of diverging labour market developments. This situation reflects non-policy factors, such as linguistic and cultural differences, but also policy barriers. In particular, difficulties in the recognition of professional qualifications are still a major hurdle. More...
Posted . With the global economy mired in low-growth and no signs of strong acceleration, a lot of attention has been paid to the meagre pace of productivity growth in OECD countries. In the United States, the most watched indicator of productivity (nonfarm business productivity growth) decelerated about ¾ percentage point from 2009 to 2014 relative to the preceding 5-year period. More...
Posted . As described in the 2016 OECD Economic Survey of Indonesia, economic growth is expected to pick up over the course of 2016 and into 2017. Despite persistently weak external conditions, confidence is returning, with inflation moderating, a stable rupiah and government investment in infrastructure gathering pace. More...
Posted . How was it possible not to see the Great Recession of 2008-09 coming? How could economic forecasters blindly ignore financial developments? These are typical questions asked by the media in the wake of the Great Recession. More...
By Dirk Van Damme. Although we’ve observed for a long time that young men and women tend to choose different fields of study – young men are more apt than young women to pursue a degree in engineering while more women than men opt for a teaching career, for example – until recently, we have had no reliable data to support this perception. Nor could we measure the impact of these choices on employment and earnings. But recent data collections, such as the Survey of Adult Skills (PIAAC), finally offer some quantitative evidence on these crucial issues. More...
By Andreas Schleicher. It’s (almost) that time again: in just a few short weeks we’ll be hearing a lot more about how well our education systems are doing compared with others around the world. On 6 December, the latest results from the OECD Programme for International Student Assessment, better known as PISA, will be made public. More...
At the end of the first millennium, the only city that came close to reaching one million inhabitants was Baghdad—an incredible feat considering the total world population was estimated to be about 230 million. Fast-forward one thousand years to 1950. With the world population at 2.5 billion, the planet witnessed the rise of its first megacities—urban conglomerations of more than ten million inhabitants. The first of these colossi were Tokyo and the New York/Newark urban region. Today, there are 29 megacities, the majority in the developing world. By 2030, this number is expected to rise to 41. More...
Today’s economy is unquestionably global. National markets for goods and services have become increasingly integrated. This process of globalisation has taken place over the past centuries. More...
Since its creation in 1961, the OECD has influenced how governments approach science, technology and innovation, and how economics as a discipline tries to understand these phenomena. The OECD Working Party of National Experts on Science and Technology Indicators (NESTI) was created in 1962, and in 1963, Science, economic growth and government policy convinced governments that science policy should be linked to economic policy. More...
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