Posted by . In Italy there is an interesting link between age, skills and labour market challenges. Italy is one of many developed countries where youth represent an increasingly smaller fraction of the overall population. More...
Inefficient insolvency regimes: a barrier to creative destruction?
Posted . Productivity is the ultimate engine of growth in the global economy, but there has been an increasing concern about weak productivity growth in recent years. A key recent OECD work, the Future of Productivity implies that inefficient firms increasingly linger as opposed to exit the market, despite their inability to adopt new technologies. More...
Mind the gapS: boost early childcare education and care in Costa Rica
Posted . Costa Rican well-being indicators are comparable or even above the OECD average in several dimensions (OECD, 2016a). Nevertheless, gaps with OECD countries are large in two dimensions: labour market participation and education. This hampers both long-term growth prospects and equity. Boosting early childcare education and care would help to close both gaps. More...
Product market reforms under the microscope
Posted . Given the secular decline in productivity growth and the persistent weakness of the economic recovery in many advanced economies, increased attention is being paid to the potential role of structural reforms for restoring economic growth. More...
Does decentralisation foster regional GDP convergence?
Posted . The growth pattern of OECD countries and their sub-national entities is puzzling. Between-country differences in GDP per capita are declining, yet the differences across jurisdictions within those countries tend to rise. Put in other words, countries’ GDP converges, while the output of their sub-national jurisdictions tends to diverge. More...
Achieving and sharing the benefits of globalisation
Posted . Yesterday’s OECD Interim Economic Outlook warns that trade growth is slowing, contributing to another slowing of global GDP growth in 2016 and with few signs of improvement for 2017. Does it really matter? If we believe the current anti-trade, anti-globalisation rhetoric, we might shrug our shoulders and say “no”. Trade has been so maligned and demonised, some might even be pleased. More...
Global growth warning: weak trade, financial distortions
Posted . The global economy remains in a low-growth trap. In our latest Interim Economic Outlook global GDP growth is set to remain flat around 3% in 2016 and improve modestly to 3.2% in 2017. This is slightly lower than the June Economic Outlook forecast due to weaker conditions in advanced economies, including the effects of Brexit, offset by a gradual improvement in major emerging market commodity producers. More...
What can maths teachers learn from PISA?
By Andreas Schleicher. When we think back on schools in the 20th century, we imagine rows of students facing the front of the classroom and listening to the teacher lecture. More...
Empowering teachers with high-quality professional development
By Fabian Barrera-Pedemonte. Today marks World Teacher’s Day, which aims to address the challenge of mobilising a roadmap for teachers towards 2030. UNESCO acknowledges that a considerable intensification of effort is needed to provide sufficiently qualified, motivated and supported teachers. More...
Educating for Innovation and Innovation in Education
By Andreas Schleicher. People have quite different views on the role that digital technology can and should play in schools. But we just can’t ignore how digital tools have so fundamentally transformed the world around schools. More...