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Climate change and other environmental threats require urgent government action. This policy paper discusses how governments can use better regulation instruments (good regulatory practices, risk-based and agile approaches, regulatory delivery, international regulatory cooperation, economic regulators, and behavioural insights) to design, implement and evaluate efficient and effective regulations for the environment. It explores the challenges governments face and presents good practices for environmental and other regulations, to ensure that all policy instruments coherently pursue environmental goals. Finally, the paper suggests how regulatory policy systems can meet present and future environmental challenges. It argues that to fully exploit the potential of better regulation for the environment, governments should implement measures that ensure an inclusive, cooperative, outcome-based and global approach to regulating.

This paper reviews the different definitions and measures of skills use and shows why it matters for local development policies. Based on findings from the Annual Population Survey and the UK Employer Skills Survey, it provides unique local analysis on how the Leeds City Region compares on skills use relative to other Local Enterprise Partnerships. It then outlines opportunities for new actions that could be implemented in the Leeds City Region to work closer with firms to promote skills use in the workplace.

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds. Danish households have large balance sheets and high levels of gross debt. Even though the high debt levels are matched by large assets, notably in form of pension savings, there are feedback loops with the housing market and households’ balance sheets contributing to macroeconomic volatility. Currently, the very low interest rate environment may contribute to the building up of risks, notably in the housing market. Given the on-going recovery of the housing market, it is an opportune time to eliminate the debt-bias in taxation, which would strengthen the automatic stabilisers of the fiscal system. In addition, further liberalising the private rental market would help create a more dynamic housing market overall and reduce the need to meet housing needs primarily with the owner occupancy segment.

“Despite its flaws and weaknesses, the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) remains an invaluable instrument for international security… There is no alternative but to support and strengthen the NPT…”

Foreign Affairs, Defence and Armed Forces Committee of the French Senate

French
This paper builds a welfare measure encompassing household disposable income, unemployment and longevity, while using two different sets of “shadow prices” for non-income variables. The valuations of vital and unemployment risks estimated from life satisfaction data (“subjective shadow prices”) and those derived from model-based approaches and calibrated utility functions (“model-based shadow prices”) are shown to be broadly consistent once a number of conditions are fulfilled. Subjective shadow prices appear to be inflated by the downward bias on the income variable in life satisfaction regressions conducted at the individual level, while the latter bias is largely removed when running regressions at the country level. On the other hand, model-based shadow prices are typically underestimated as: i) the valuation of the unemployment risk is assumed to take place under the veil of ignorance (i.e. for a representative agent that has no information on her current or future unemployment situation); ii) the standard model relies on a Constant Relative Risk Aversion (CRRA) utility function, which has no specific relative risk aversion parameter for unemployment and vital risks; iii) the Value of Statistical Life that is used in standard calibration pertains to the adult lifespan while life expectancy at birth covers the entire lifetime.
This paper reviews the evidence on emerging thinking and new trends in the sphere of industrial policy. The paper adopts a broad and inclusive definition of industrial policy, and proposes a new typology based on the orientation of policy and the policy domain. Looking at a typology according to the policy domain, the paper proposes a framework based on growth accounting, which parallels the evolution of thinking about the rationale for industrial policy interventions, which has moved from a traditional approach based largely on product market interventions (production subsidies, state ownership, tariff protection), through market failure-correcting taxes and subsidies operating mainly on factor markets (R&D incentives, training subsidies, investment allowances, help with access to finance) to a focus on interventions that help build systems, create networks, develop institutions and align strategic priorities.
• Early climate-related actions should be those with a high local economic and/or environmental payoff per unit of impact on greenhouse gases. • Energy, transport and natural resource management policies can often be better designed to realise greenhouse gas reductions at little or no additional cost. • In energy and transport, investment and network planning need to account for likely future emission constraints in order to avoid costly lock-in effects and premature obsolescence of capital stock. • The local air quality and health benefits of climate policy can be sizeable in the megacities of developing countries, probably exceeding those in OECD countries that have already gone some way to delink carbon emissions from local pollution. • A global market for climate stabilisation services is gradually taking shape in which many developing countries could expect to become net suppliers.
French

Health systems are facing the most serious global pandemic crisis in a century. The main focus of this brief is on the policies aimed at providing effective care and managing the pressure on health systems.

German

Students are much more than their grades. Beyond performing well in school, students must learn to manage their relationships with others, confront stress, find purpose in what they do, and deal with a series of factors oftentimes beyond their control – all of this, during a particularly sensitive period of their lives. How they do across all these dimensions of life shapes their well-being, which in turn affects their school performance and their life outcomes beyond school.

In 2015, PISA broke new ground by including indicators of student well-being alongside traditional measures of academic performance. However, the data on student well-being often remain overshadowed by country and economy scores in mathematics, science, and reading - traditionally considered the primary outputs of PISA.

This paper presents a proposal to increase the visibility and policy impact of PISA indicators on well-being, by organising them in thematic areas and presenting them through data visualisations that respond to the needs of different kinds of users. The proposed PISA dashboard on students’ well-being has the potential to offer policy makers, educators, parents, and other stakeholders a comparative perspective on how well schools are fostering the essential foundations for students to lead fulfilling lives.

This paper reviews a number of previous studies that have investigated how measure of non-cognitive skills predict important life outcomes such as educational attainment, employment, earnings, and self-reported health and life satisfaction. All reviewed studies analyse data from large-scale surveys from multiple countries and rely on the Big-Five framework to assess non-cognitive skills. The paper finds that measures of non-cognitive skills are robustly and consistently associated to indicators of life success in youth and adulthood, and have incremental predictive power over traditional measures of cognitive ability.

Building on many data sources and country examples on women’s employment in the social and solidarity economy (SSE) the report: i) analyses women’s employment in the SSE, ii) explores challenges to gender equality in the SSE and, iii) provides policy recommendations to recognise women’s work and leadership in the SSE and in the wider economy. It also suggests ways to foster their participation in high-growth sectors within the SSE, such as technology-intensive and green sectors.

This report – linked to the technical documents of the OECD manuals for the measurement of R&D activities (“Frascati Family”) – presents the essential elements of bibliometrics and its application to the analysis of research systems. Bibliometrics is based on the enumeration and statistical analysis of scientific output in the form of articles, publications, citations, patents and other, more complex indicators. It is an important tool in evaluating research activities, laboratories and scientists, as well as the scientific specialisations and performance of countries. The report, having set the background for the development of bibliometrics, presents the databases on which bibliometrics is built, as well as the principal indicators used. Twenty-five examples are presented at the end of the document, illustrating the various uses of bibliometric methods for analysing research systems. These indicators measure scientific output, by counting the number of papers; the impact of ...

French
We build an indicator of individual subjective well-being in the United States based on Google Trends. The indicator is a combination of keyword groups that are endogenously identified to fit with the weekly time-series of subjective well-being measures disseminated by Gallup Analytics. We find that keywords associated with job search, financial security, family life and leisure are the strongest predictors of the variations in subjective well-being. The model successfully predicts the out-of-sample evolution of most subjective well-being measures at a one-year horizon.
This report examines issues relating to the arrival of massive, often real-time, data sets whose exploitation and amalgamation can lead to new policy-relevant insights and operational improvements for transport services and activity. It is comprised of three parts. The first section gives an overview of the issues examined. The second broadly characterises Big Data, and describes its production, sourcing and key elements in Big Data analysis. The third section describes regulatory frameworks that govern data collection and use, and focuses on issues related to data privacy for location data.
Dementia is increasing in prevalence, and to date has no cure or treatment. One element in improving this situation is using and sharing data more widely to increase the power of research. Further, moving beyond established medical data into big data offers the potential to tap into routinely collected data from both within and outside the health system. In this report, we examine four exemplar data sharing initiatives to better understand data sharing practices in dementia research and recommend the next steps required to move forward, which will require addressing structural issues including aligning incentives and mindsets toward data sharing.

Within weeks of taking office, Australia’s new Labor government commissioned two major reviews – one of Australia’s innovation system and one of Australian higher education. Taken together, these reviews will have major implications for the future of research and teaching in Australia for decades to come. This paper discusses the main recommendations of these reviews, puts them into context and examines the government’s response.

Although the innovation review was conducted first, this paper begins with the higher education review because its recommendations, at least in regard to universities, are broader. Those parts of the innovation review that are relevant to universities follow. The paper concludes with a brief discussion of what will happen next.

De grandes idées pour les universités australiennes

Quelques semaines après son entrée en fonction, le nouveau gouvernement travailliste australien a commandé deux études, l’une portant sur le système d’innovation australien et l’autre sur l’enseignement supérieur en Australie. Prises dans leur ensemble, ces études auront des répercussions considérables sur l’avenir de la recherche et de l’enseignement australiens dans les décennies à venir. Cet article traite des principales recommandations proposées par ces études, rappelle le contexte dans lequel elles s’inscrivent et analyse la réponse du gouvernement.

Bien que l’étude sur l’innovation soit menée en premier, l’article s’intéresse d’abord à l’étude sur l’enseignement supérieur car elle propose des recommandations plus générales, tout au moins concernant les universités. Les éléments de l’étude sur l’innovation ayant un intérêt pour les universités sont repris ensuite. L’article s'achève par une brève réflexion sur les perspectives. 

 

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