Economic Policy Reforms

1813-2723 (online)
1813-2715 (print)
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OECD’s annual report highlighting developments in structural policies in OECD countries. Closely related to the OECD Economic Outlook and OECD Economic Surveys, each issue of Economic Policy Reforms gives an overview of structural policy developments in OECD countries followed by a set of indicators that reflect structural policy evolution. A set of Country Notes summarises priorities suggested by the indicators with actions taken and recommendations suggested. The Country Notes section also includes a set of indicators tables and graphs for each country. Each issue also has several thematic studies.

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Economic Policy Reforms 2014

Economic Policy Reforms 2014

Going for Growth Interim Report You do not have access to this content

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21 Feb 2014
9789264208483 (PDF) ;9789264208476(print)

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Going for Growth is the OECD’s regular report on structural reforms in policy areas that have been identified as priorities to boost incomes in OECD and major non-OECD countries (Brazil, China, India, Indonesia, Russia and South Africa). Policy priorities are updated every two years and presented in a full report, which includes individual country notes with detailed policy recommendations to address the priorities. The next full report will be published in 2015.

This interim report takes stock of the actions taken by governments over the past two years in the policy areas identified as priorities for growth. This stocktaking is supported by internationally comparable indicators that enable countries to assess their economic performance and structural policies in a wide range of areas.

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  • Editorial: Avoiding the low-growth trap

    The widespread deceleration in productivity since the crisis could presage the beginning of a new low-growth era. The global economy’s momentum remains sluggish, heightening concerns that there has been a structural downshift in growth rates compared with pre-crisis levels. These concerns, already prevalent among advanced OECD countries for some time, now encompass emerging-market economies and are fuelled also by high unemployment and falling labour force participation in many countries.

  • Executive summary

    The Going for Growth framework builds on OECD expertise on structural policy reforms and economic performance to provide policymakers with concrete reform recommendations to boost growth. Five policy priorities have been identified for each country, based on their ability to improve long-term material living standards through higher productivity and employment.

  • Overview of structural reform actions in the policy areas identified as priorities for growth

    This chapter reviews the main growth challenges faced by OECD and major non-OECD countries and takes stock of the progress made since 2012 in the adoption and implementation of structural policy reforms to address these challenges. Progress is assessed on the basis of actions taken in response to Going for Growth policy recommendations. The chapter also discusses the potential effect of the reforms on policy objectives other than GDP growth, in particular public finance consolidation, narrowing current account imbalances and reducing income inequality.

  • Reducing regulatory barriers to competition: Progress since 2008 and scope for further reform

    This Chapter reviews the stance of regulation affecting competition in product markets of OECD and selected non-OECD countries. Based on the up-dated and revised set of indicators of product market regulation (PMR), it first provides an overview of the nature and extent of regulatory barriers to competition and reviews the areas where most progress has been achieved since 2008 in lowering these barriers. It then identifies areas where the scope for further reforms remains substantial. The PMR update reflects the stance of regulation at the start of 2013 and does not incorporate changes made since then in countries that have implemented reforms.

  • Structural policy indicators

    This chapter contains a comprehensive set of quantitative indicators that allow for a comparison of policy settings across countries. The indicators cover areas of taxation and income support systems and how they affect work incentives, as well as product and labour market regulations, education and training, trade and investment rules and innovation policies. The indicators are represented by figures showing for all countries the most recently available observation and the change relative to a previous observation. Nonetheless, they may no longer fully reflect the current situation in fast-reforming countries.

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