One year after the outbreak of the COVID‑19 crisis, the future looks certainly brighter but it is not yet time to withdraw policy support for people and companies. Even if the headline labour market figures in many countries look better than in Q2 2020, millions of workers are still on job...

The slowdown of economic activity caused by the COVID-19 outbreak and related emergency measures implemented to tackle the health crisis have led to severe difficulties for companies to meet their financial obligations. Many of the fixed costs, such as rents and interest payments, remain due...

This report draws on more than 1 300 government budgetary transfers and tax expenditures providing preferential treatment for the production and consumption of fossil fuels as documented in the 2020 OECD Inventory of Support Measures for Fossil Fuels to track progress in reform of support. It...

This new web format for Country Notes on Fossil Fuel Support provides interactive on-line access to the latest data from the OECD Inventory of Support Measures for Fossil Fuels by country – identifying and estimating the value of support arising from policies that encourage the production or...

The economic consequences of the COVID-19 pandemic call for urgent policy responses to support households and firms alike, but how this support is designed will be critical in ensuring that it does not result in enduring global market distortions. Support packages that are time-limited,...

The scope of this working paper is to analyse to what extent the Intellectual Property Box regimes (“IP Boxes”) adopted in the European Union are compatible with the State aid legislation. What is understood during the analysis is that the introduction of a “nexus”, like the one imposed...

Governments intervene in the agricultural sector through policies that both support and shape agricultural production. This leads to two important outcomes. First, agriculture specific programmes intended to increase the welfare of farmers can become capitalised into asset values. Second, many...

Substantial amounts of money continue to be spent in OECD countries on measures to support agriculture, energy, transportation and industrial activities. Many of these support measures encourage the emission of environmentally harmful pollutants, the generation of waste, and the excessive use of...