OECD Science, Technology and Industry Scoreboard 2011
This tenth edition of the OECD Science, Technology and Industry (STI) Scoreboard builds on the OECD’s 50 years of indicator development to present major world trends in knowledge and innovation. It analyses a wide set of indicators of science, technology, globalisation and industrial performance in OECD and major non-OECD countries (notably Brazil, the Russian Federation, India, Indonesia, China and South Africa) and includes some experimental indicators that provide insight into new areas of policy interest.
Also available in: French
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Sources of growth
Today’s world faces some extraordinary challenges and the effects of the economic downturn will be felt by our societies for years to come. A traditional measure used to gauge nations’ welfare is gross domestic product (GDP) per capita. Changes in this measure can result from changes in labour productivity (GDP per hours worked) and labour utilisation (hours worked per person employed and employment per capita). Slowing labour productivity was already eroding growth performance prior to the crisis, and data for 2007-09 show the effect of the downturn on labour and capital. In 2010 widespread growth signalled the start of a global recovery. However, the pace of recovery varies among OECD countries and unemployment remains high in most. This condition creates an imperative for countries to find new and sustainable sources of growth.
Also available in: French
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Click to download PDF - 995.75KBPDF
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