Spain is the second worst affected OECD member economy by the crisis, according to the organization’s report “Going for Growth 2010.” The only member country to suffer a worse prognosis than Spain, which saw its potential GDP growth drop by 10.6%, was Ireland. The average fall in expected economic growth for OECD member countries was [...]
The OECD, World Trade Organization and the UN’s Conference on Trade and Development have published their second combined report on G20 Trade and Investment Measures. The three organizations have called upon the G20 to resist moves toward protectionism.
The report’s authors caution that the holdings acquired by governments as a response to the crisis may jeopardize [...]
The OECD has just published the Economic Survey of Hungary 2010. The country is facing one of the most severe recessions among OECD countries, with the projected fall in GDP in 2009 at double the OECD average. Despite financial assistance from international organizations, macroeconomic policies have to remain tight. Stabilization is underway, but the depth [...]
The automobile industry is one of the sectors that has been most hit by the recession. Demand for cars has fallen sharply, accentuating the difficulties of excess production capacity already faced before the crisis and deepening the economic downturn in major car-producing countries.
This OECD report examines how closely the automobile and business cycles are related, [...]
The OECD has just published the 2010 edition of the Economic Survey of China. By all accounts, the Chinese economy appears to be weathering the global crisis well. The country is now leading the world economy out of recession and could well overtake the United States to become the world’s leading producer of manufactured goods [...]
The OECD has just published its “Economic Survey of Chile.” The country, which is now on the path to becoming the OECD’s newest member, is coming out of recession relatively fast on the back of government stimulus measures and a rebound in cooper export prices.
Although income per capita on a purchasing power parity basis has [...]
Eco-innovation will be a key driver of industry efforts to tackle climate change and achieve “green growth” in the post-Kyoto era. Eco-innovation calls for faster introduction of breakthrough technologies as well as more systemic application of available solutions, including non-technological ones. It also offers opportunities to involve new players, develop new industries and increase competitiveness. [...]
What impact has the crisis had on innovation and R&D spending? How can innovation help to solve environmental and social threats? How are countries tackling these challenges?
These are just some of the questions addressed in the OECD report “Science, Technology and Industry Scoreboard 2009,” which aims to offer policy makers an insight into the trends [...]
The OECD has just published the Economy Survey of Switzerland. The OECD identified the following main economic challenges faced by the country:
- The global crisis will have a lasting impact on the Swiss economy.
- Monetary and fiscal policies need to adjust in the medium term.
- Macro-risks posed by financial intermediaries require further reforms.
- Low productivity [...]
Innovation has become a key factor for economic growth, but how does the process take place at the level of individual firms? The book Innovation in Firms: A Microeconomic Perspective presents the main results of the OECD Innovation Microdata Project, which was the first large-scale effort to exploit firm-level data from innovation surveys across 20 [...]
