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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business...
Persistent link: https://www.econbiz.de/10010464864
Developing activities in areas other than finance would help to sustain growth and deal with the declining potential output and trend productivity growth that Luxembourg’s economy is facing. Given the relatively high labour costs, Luxembourg’s future comparative advantages are likely to lie...
Persistent link: https://www.econbiz.de/10011399553
This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output growth. Many general framework conditions are highly favourable to business risk-taking and innovation, including macro stability, openness, strong human capital, low corporate tax...
Persistent link: https://www.econbiz.de/10009696509
With sound framework conditions, fine universities, good infrastructure and policies friendly towards foreign direct investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and entrepreneurship are on the right track, but investment in...
Persistent link: https://www.econbiz.de/10010231006
Poland’s catch up with other OECD country has been largely based on productivity growth resulting from restructuring towards more productive sectors and foreign technology absorption. The economy’s own innovation capacity is relatively weak, with low investment in research and development,...
Persistent link: https://www.econbiz.de/10011914232
Un environnement économique favorable est crucial pour stimuler la productivité en Belgique et l’inclusivité, et est le principal moteur de la prospérité économique à long terme. Ce document analyse l’impact de l’environnement économique sur la performance de productivité. La...
Persistent link: https://www.econbiz.de/10011823672
This paper presents the methodological process and results of the OECD 2017 Open-Useful-Reusable Government data Index (OURdata Index). It is meant to present the methodology and outline the data collection and verification process; discuss key findings of the composite indicators including...
Persistent link: https://www.econbiz.de/10011975526
Legal systems provide the basic institutions for firms and markets to operate. Their quality can have important consequences on the size distribution of firms, who rely on them for contract enforcement. This paper uses the variation in legal system quality across states in Mexico to examine the...
Persistent link: https://www.econbiz.de/10009767756
Productivity growth has slowed across most OECD economies since the mid-2000s. While important aspects of New Zealand’s economic performance have improved over this period, productivity growth is still comparatively low. This continues a long-run trend of poor productivity in New Zealand,...
Persistent link: https://www.econbiz.de/10011853625