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Spain and Denmark are two European countries differing considerably in their development and productive structures as well as in their internationalisation process. This affects many dimensions of each economy, most notably their trade volumes, market sizes and product specialization. Spain and Denmark also differ significantly in labour market outcomes as well as in the design of labour market policies and institutions and the role they played in facilitating labour reallocation. For these reasons, it is instructive to compare them, in particular as they have demonstrated substantial labour market adjustments due to changing international economic conditions. While the results of direct comparisons cannot always be translated into policy action due to country-specific institutional settings and varying economic circumstances, comparative analysis has the potential to yield useful insights into best practices and transferrable policy lessons. With this in mind, the purpose of this paper is to consider the evolution of trade and labour market outcomes in Denmark and Spain since the early 1990s, in order to provide policy-relevant insights on the relationship between production, trade and labour markets in these countries. Special focus is given to the increased weight of some emerging economies in world trade patterns and how they have affected the trade patterns of these two European countries and their employment behaviours.
This report presents the findings of the OECD indicators for assessing the economic and trade impact of specific trade facilitation measures in OECD countries. Twelve trade facilitation indicators (TFIs) have been constructed, corresponding to the main policy areas under negotiation at the WTO, with the aim to estimate the impact of addressing specific facilitation hurdles in the trade procedures of a given country. For OECD countries, the policy areas that seem to have the greatest impact on trade volumes and trade costs are advance rulings, information availability, formalities and procedures and inter-agency cooperation. If all TFIs are added their cost reduction potential would reach almost 10% of trade costs, which is an estimate consistent with existing literature. The use of individual trade facilitation indicators should enable countries to better assess which trade facilitation dimensions deserve priority. The OECD TFI project is now expanded to cover countries outside the OECD area.
L'utilisation d'unités négociables de gaz à effet de serre (GES) pour atteindre les objectifs de réduction des émissions se poursuivra vraisemblablement après 2012 dès lors que de nombreux pays se sont déclarés favorables au recours à des mécanismes du marché pour favoriser et renforcer l'efficacité par rapport aux coûts de l'atténuation. Pour la plupart, ces mécanismes devraient s'appuyer sur des unités négociables de GES, mais il n'apparaît pas encore clairement comment ces unités seront comptabilisées et admises en tant que contributions à la réalisation des engagements ou des objectifs nationaux. Ce document se penche sur les systèmes et les procédures qui peuvent s'avérer nécessaires pour que l'utilisation des unités négociables de GES donne de bons résultats, en commençant par analyser dans quel cadre international il serait souhaitable de mettre en place une plate-forme fiable et fonctionnelle à cette fin. Il serait efficace, par exemple, d'appliquer des règles communes de comptabilisation des inventaires pour notifier les émissions nationales, auxquelles des unités viendraient ultérieurement s'ajouter ou se soustraire en fonction des flux nets d'unités négociables. Ce document analyse ensuite des possibilités plus détaillées concernant deux aspects essentiels de la comptabilisation des unités de GES : la gouvernance des mécanismes internationaux d’attribution des crédits et les systèmes de suivi des transactions internationales portant sur ces unités. S'agissant des mécanismes d'attribution des crédits, trois possibilités sont présentées pour décider à l'aune de quelles unités il pourrait être admissible de mesurer la réalisation des objectifs nationaux d'émission : i) seules seraient admises les unités délivrées par un mécanisme centralisé réglementé par la CCNUCC, ii) les unités délivrées par des systèmes placés sous la houlette de pays seraient admises sous réserve de vérification au regard de critères d'admissibilité arrêtés d'un commun accord au niveau international, et iii) une approche axée sur la transparence selon laquelle toutes les unités seraient acceptées à condition que les pays respectent des exigences minimales de divulgation d’informations. Quant aux systèmes de suivi, trois autres possibilités sont décrites : i) le maintien du Relevé international des transactions (RIT) existant qui effectue aussi bien les vérifications techniques que celles relatives aux politiques, ii) un RIT ou dispositif équivalent qui effectue seulement les vérifications de compatibilité technique, et iii) un système décentralisé sans aucune plaque tournante. Les questions de comptabilité qui se posent eu égard aux unités utilisées dans le cadre de systèmes nationaux d'échange de droits d'émission sont étudiées également, notamment dans les cas où ces unités font l'objet d'échanges internationaux. Ce document conclut que seules certaines combinaisons des différentes possibilités analysées constitueraient un système viable, à la fois pratique et susceptible de garantir suffisamment l'intégrité environnementale des unités.
Il est important de comprendre la nature et les déterminants de l'économie informelle, tant ses conséquences sociales et économiques sont vastes. Ce document examine d’une façon critique l'état actuel de la recherche sur l'économie informelle, et examine la façon d'utiliser plus efficacement les données existantes et d'étendre les bases de données pour mieux établir un lien entre les politiques publiques et l'informalité. Quelques conclusions intéressantes se dégagent de cette étude. L'économie informelle présente de multiples facettes et un large éventail de définitions et de mesures sont nécessaires pour saisir ses diverses formes. Cependant, la plupart des indicateurs disponibles - et largement utilisés - souffrent de problèmes de mesurabilité, qui réduisent la fiabilité des données empiriques existantes et les résultats sur l'ampleur et les déterminants de l'informalité. Ainsi, les futures recherches sur l'informalité devraient recueillir de meilleures données, en particulier sur les ménages et les entreprises.
Trade deficits and surpluses are sometimes attributed to intentionally low or high exchange rate levels. The impact of exchange rate levels on trade has been much debated but the large body of existing empirical literature does not suggest an unequivocally clear picture of the trade impacts of changes in exchange rates. The impact of exchange rate volatility on trade also does not benefit from a clear theoretical cause-effect relationship. This study examines the impact of exchange rates and their volatility on trade flows in China, the Euro area and the United States in two broadly defined sectors, agriculture on the one hand and manufacturing and mining on the other. It finds that exchange volatility impacts trade flows only slightly. Exchange rate levels, on the other hand, affect trade in both agriculture and manufacturing and mining sectors but do not explain in their entirety the trade imbalances in the three countries examined.
Trade logistics facilitate trade. Quality logistics services play an important role in facilitating the transportation of international trade in goods: inefficient logistics services impede trade by imposing an extra cost in terms of time as well as money. As developed nations shift from traditional manufacturing and agriculture and are increasingly engaging in international vertical specialization, the need for efficient logistics services becomes ever more important. High quality logistics services improve the competitiveness of a country’s exports by reducing the cost involved in transporting goods – especially for countries that are disadvantaged by being far from major markets. This paper investigates the role that trade logistics play in the volume and value of international trade and the extent to which poor quality logistics constitute a barrier to trade. It examines the different impact of logistics quality on goods that are transported by sea and by air. The differentiated impact of trade logistics such as infrastructure on low, middle and higher-income countries is analysed.
La mobilité résidentielle est étroitement liée aux dynamiques du marché du logement et a des implications importantes pour la mobilité professionnelle et la répartition efficace des ressources dans l'économie. Ce document analyse les tendances de la mobilité résidentielle dans les pays de l'OCDE et le rôle des politiques du logement dans le renforcement ou l?obstruction de la mobilité résidentielle. Sur la base des enquêtes auprès des ménages pour 25 pays, les résultats indiquent que les différences dans la mobilité résidentielle entre les pays sont en partie liées aux différentes politiques des gouvernements. Après avoir contrôlé pour les caractéristiques du ménage et celles propres à chaque pays, la mobilité résidentielle est plus élevée dans les pays où les coûts de transaction, le contrôle des loyers et la protection des locataires sont plus faibles, et l'offre de logements plus elevée. La mobilité résidentielle est aussi plus élevée dans les environnements avec un plus grand accès au crédit, ce qui suggère que la déréglementation financière - en réduisant les coûts d'emprunt et en facilitant l'accès au financement hypothécaire - facilite la mobilité. Ces résultats sont soutenus par une analyse au niveau ville et États pour les États-Unis, qui met également en évidence les risques potentiels que posent un taux d'endettement élevé à la mobilité résidentielle.
The purpose of this Round Table is to assess the economic effects of major transport infrastructure projects. The term "major projects" is used to designate qualitative leaps, be it the mapping out of new road or rail rings to link disparate radial penetration routes or the introduction of more-targeted innovations tackling frequency, speed or automation…
Français

This report on the shipbuilding industry in Viet Nam is one of a series of such reports intended to provide an insight in the shipbuilding sector of both OECD and non-OECD economies.

This report on the shipbuilding industry in China is one in a series of reports to provide an insight into the shipbuilding sectors of both OECD members and non-OECD economies.

Shipyards can undertake a variety of activities, not all related to the construction of new vessels. While there are yards that are largely dedicated to new buildings, and others dedicated to ship repair and maintenance, in practice that distinction is blurred, as both activities can be undertaken in most yards. This report examines the interaction between these yards, in particular how feasible it is for yards to move from one activity to the other, or perhaps to engage in both at the same time. The relevance of this is that if there are few barriers for yards to move between activities, then this will have an impact on the availability of shipbuilding capacity to meet expansions or contractions of new-building demand.

The various reforms introduced in France since the end of the 1990s are transforming the field of institutional research, which has historically been hierarchical and centralised, by giving more leeway to the different levels of territorial administration. In this new context, who is involved in orienting and planning research? The wide diversity of actors is problematic: the current evident lack of co-ordination between institutions and levels of territorial administration is blurring the direction and planning of research. Moreover, the role of territorial communities in defining policies relating to innovation and competition is continuing to grow. The impact of the recent reforms is analysed specifically in terms of the direction, planning and co-ordination of research.

Academic staff in Ukraine face a convergence of institutional and professional pressures precipitated by a national economic crisis, projected declines in enrolment and dramatic changes to institutional procedures as institutions implement the Bologna Process. This article examines the extent to which these pressures are reshaping the way academic staff engage in their day-to-day work, their careers and their role in their university. Findings indicate that faculty are caught in a confluence of conflicting demands that elicits adaptive coping strategies and threatens to undermine national efforts to modernise Ukraine’s higher education system.

Universities around the world have been affected by the recent global economic crisis. Many are challenged by reduced resources, yet they also face greater demands to help spur recovery in their respective countries. This paper explores how colleges and universities in the United States were affected by, and subsequently responded to, several 20th century periods of economic and social turmoil. These included the Great Depression of the 1930s, World Wars I and II and economic dislocation in the early 1980s. For some of them, the ability to adapt to sudden constraints and new opportunities led to unprecedented strengths. The effects of longer-term trends also played a critical role. This paper offers some lessons from these earlier periods that may have relevance today.

The student-faculty ratio is of great significance to policy makers and media as a popular measure of education and teaching quality. Due to its simplicity and the availability of data, it is often used in higher education policy for allocating resources and for ranking universities. This is especially so in some European countries which do not have selective admission policies and where universities have to cope with huge numbers of students. However, there is no definition and no empirically validated data for an appropriate student-faculty ratio. To close this gap, we constructed a model with parameters relevant for high quality teaching and education and validated them empirically by conducting a survey among university professors in business administration. The results clearly illustrate that student-faculty ratios are discipline specific and depend whether the university is research or teaching oriented.

Given that higher education systems everywhere have opened to the masses, this paper analyses to what extent this phenomenon has really been accompanied by an effective democratisation of access and success in Portugal and Brazil. It looks at the expansion of higher education and discusses how the political system and higher education institutions have responded to the need for better educated populations and increased demand for tertiary education. Equity of access is analysed by comparing the ratio of candidates from different socio-economic backgrounds to overall capacity. This indicates that the apparent democratisation of academic access is in fact only relative; on this basis, there are grounds for concern as disadvantaged social backgrounds seem to generate high rates of academic failure and dropout.

Quoting a joint analysis undertaken by the OECD and the IEA, G-20 leaders committed in September 2009 to “rationalize and phase out over the medium term inefficient fossil-fuel subsidies that encourage wasteful consumption.” This report draws on previous OECD work to assess the impact on international trade of phasing out fossil-fuel consumption subsidies provided mainly by developing and emerging economies. The analysis employed the OECD’s ENV-Linkages General-Equilibrium model and used the IEA’s estimates of consumer subsidies, which measure the gap existing between the domestic prices of fossil fuels and an international reference benchmark. It shows that a co-ordinated multilateral removal of fossil-fuel consumption subsidies over the 2013-2020 period would increase global trade volumes by a very small amount (0.1%) by 2020. While seemingly negligible, this increase hides the large disparities that are observed across countries (or regions) and products. Under the central scenario, which assumes a multilateral subsidy removal over the 2013-2020 period, trade in natural gas would be most affected, with a 6% decrease by 2020. A reduction in the volume of both imports and exports from oil-exporting countries would be partly compensated by an expansion of trade flows (both imports and exports) involving OECD countries. This reallocation of trade flows would be most prevalent in products of energy-intensive industries. Looking beyond 2020, the contribution of oil-exporting countries to total world trade volumes would continue to be lower in 2050 than under the reference scenario.
The European Union Treaty of Lisbon brought a new dimension to cohesion – the territorial dimension, which has become one of the most frequently discussed aspects for achieving cohesion and, at the same time, one of the challenges for EU policies. The ‘territorial dimension’ determines many socio-economic problems and presents challenges for the European Social Fund (ESF), which has to enhance its flexibility and highlight the capacity and needs of specific territories at national, regional and local levels at the programming and implementation stages. While our understanding of the national and regional levels has advanced, the dynamics with the local level need further consideration, chiefly in the context of Europe 2020 strategy, and regarding the territorial dimension of the European Social Fund and mechanisms of territorialisation.

This paper discusses the conceptualisation of territoriality and the different levels of applicability in regional development approaches. The paper draws on OECD and other organisations research and analysis; particularly the work of the OECD Local Economic and Employment Development Programme (LEED). The paper argues that the local level is emerging as the key spatial dimension where EU development instruments apply and therefore a systemic local approach may be needed when designing national and regional cohesion policies and instruments. The paper is divided into 5 sections discussing: 1) The importance of an integrated spatial approach to development; 2) The success of the local approach to development: complexity, integration and the policy mix; 3) Integrating territorial mechanisms for job creation, employability and inclusive growth; 4) Fostering education policies for qualification and skills rich ecosystems; and 5) The way forward.

This working paper summarises the main findings of a data collection exercise documenting the size of the national state-owned enterprise (SOE) sectors in OECD countries (in terms of number, employment and economic value of enterprises), and provides a breakdown by main sectors and types of incorporation. The data is based on questionnaire responses from national governments, covering the years 2008 and 2009. Twenty-seven of the Organisation.s 34 member countries have contributed to date. Employment in SOEs across the OECD area exceeds 6 million people, and that the value of all SOEs combined is close to US$ 2 trillion. In addition to this, the State in many countries holds minority stakes in listed enterprises that are large enough to confer effective control. These enterprises employ a further 3 million people and are valued at close to US$ 1 trillion. Hence, while state ownership of enterprises has declined in recent decades, SOEs and similar entities continue to account for a significant part of the corporate economy in many countries. Following decades of privatisation, the remaining SOEs have a strong sectoral concentration. Around half (in value terms) of all SOEs in OECD countries are located in the network sectors, mostly transportation, power generation and other energy. A further fourth of total valuation is accounted for by financial institutions. In addition, among the partly state-owned listed companies there are many partly privatised telecommunications companies. In other words, not only do state-invested enterprises remain significant, they are also increasingly concentrated in a few ¡°strategic¡± sectors of great importance to the competitiveness of the rest of the business sector.
L’article analyse comment les risques macroéconomiques sont répartis au niveau international et individuel. Il propose des réformes qui pourraient contribuer à une meilleure redistribution de ces risques. Premièrement, au niveau international, le papier analyse l’opportunité des dispositifs d’assurance ainsi que des politiques de partage et de réduction des risques macroéconomiques. Deuxièmement, au niveau individuel, l’article évalue comment les individus peuvent protéger leurs patrimoines et revenus du travail et du capital à l’encontre de différents chocs macroéconomiques. Il analyse les limites et rôles souhaitables des dispositifs privés et publics de répartition des risques. Enfin, l’article modélise les effets de court terme de certains chocs macroéconomiques – dont les crises financières – sur différents groupes d’individus et propose une nouvelle analyse empirique de l’impact des institutions sur la répartition des risques macroéconomiques. Les bas revenus, et en particulier les jeunes, semblent les groupes les plus affectés par les chocs macroéconomiques. Les institutions de protection sociale et elles favorisant les transitions apparaissent contribuer à la redistribution des risques entre niveau de revenus. Cette analyse permet d’identifier quatre grands modèles de répartition des risques parmi les pays de l’OCDE et du BRIICS.
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