Economic Policy Reforms 2008

Going for Growth

image of Economic Policy Reforms 2008

Across the OECD, governments are seeking to undertake structural reforms to strengthen economic growth. Going for Growth 2008 takes stock of recent progress in implementing policy reforms to improve labour productivity and utilisation that were identified as priorities in the 2007 edition. The set of internationally comparable indicators provided here enables countries to assess their economic performance and structural policies in a broad range of areas. In addition, this issue contains five analytical chapters covering:

the variation in working hours across OECD countries, the scope to improve performance of primary and secondary schools in OECD countries, how policies can enhance investment in higher education, how geographical factors affect GDP per capita, and the impact of domestic regulation on international trade in services.

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Policies to Enhance Investment in Higher Education

Higher education is widely considered to be critical to sustain growth and to adapt to globalisation. As a consequence, OECD governments are considering reforms to address perceived shortcomings of existing higher education systems, while preserving or enhancing equality of access to higher education. This chapter shows how labour market conditions, policies and institutions affect private incentives to invest in higher education, as well as the ability of individuals to finance this investment and the supply characteristics of core educational services. It also assesses the relative importance of several reform options to affect the number of new tertiary education graduates across OECD countries, and, in this context, considers the trade-offs involved.

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