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The social exclusion of Roma in the Slovak Republic calls for immediate policy action

by Gabriel Machlica, Slovak Republic Desk, OECD Economics Department The Slovak Republic has one of the continent’s largest Roma populations. Estimates differ, but it is assumed that they account for about 8% of the population The Roma communities vary based upon geographic location and the level of integration. Nevertheless, the average level of ethnic segregation … More The social exclusion of Roma in the Slovak Republic calls for immediate policy action

How can public finance reforms boost economic growth and enhance income equality?

by Boris Cournede, Head of Public Finance Workstream, OECD Economics Department Most OECD countries have very large government sectors: public expenditure amounts to 43% of economic activity, measured by GDP, on average across OECD countries. This proportion exceeds 50% in four OECD countries. The programmes on which governments spend have thus deep implications for people’swell-being … More How can public finance reforms boost economic growth and enhance income equality?

Reducing regional disparities for inclusive growth

By Müge Adalet McGowan, Spain desk, OECD Economics Department Ensuring the benefits of growth are spread widely requires a strong focus on greater convergence of regions in terms of income and well-being. The GDP per capita in the best performing region was around double that in the worst performing region in 2016. Income inequality and … More Reducing regional disparities for inclusive growth

An empirical investigation on the drivers of income redistribution across OECD countries

By Orsetta Causa, OECD Economics department Income inequality has increased in most OECD countries over the past two decades. This has come about both because incomes before taxes and transfers have become more unequally distributed, and because the extent of redistribution through taxes and transfers has fallen (“Income redistribution through taxes and transfers across OECD … More An empirical investigation on the drivers of income redistribution across OECD countries

Fiscal decentralisation and inclusive growth?

by Sean Dougherty, Senior Advisor, OECD Fiscal Network Over the last decade or more, many countries have experienced slowing productivity growth and a rising concentration of income. Concerns about these developments have motivated a broadening of the policy discussion about how to ensure that economic growth is made more inclusive and multidimensional. One important channel for … More Fiscal decentralisation and inclusive growth?

Stronger Growth but Risks loom large

By Álvaro S. Pereira, OECD Chief Economist ad interim, Economics Department After a lengthy period of weak growth, the world economy is finally growing around 4%, the historical average of the past few decades. This is good news. And this news is even better knowing that, in part, the stronger growth of the world economy … More Stronger Growth but Risks loom large

La croissance s’affermit, mais des risques assombrissent fortement l’horizon

Álvaro S. Pereira, Chef économiste de l’OCDE par intérim, Département des affaires économiques Après une longue période de croissance atone, l’activité économique mondiale croît enfin au rythme d’environ 4 %, qui correspond à la moyenne historique des dernières décennies. C’est une bonne nouvelle, et qui apparaît encore meilleure lorsque l’on sait que ce rebond de la … More La croissance s’affermit, mais des risques assombrissent fortement l’horizon

Un Mayor crecimiento, aunque se advierten importantes riesgos

Álvaro S. Pereira, Economista Jefe interino, Departamento de Economía de la OCDE Después de un largo período de débil crecimiento, la economía mundial finalmente está creciendo alrededor del 4%, cercano al promedio histórico de las últimas décadas. Esta es una buena noticia, y es aún mejor sabiendo que, en parte, el mayor crecimiento de la economía … More Un Mayor crecimiento, aunque se advierten importantes riesgos

United we stand divided we fall: the need for greater inclusiveness in Israel

By Claude Giorno and Gabriel Machlica, Israel Desk, Economics Department The Israeli economy is strong. The country is enjoying its 15th consecutive year of growth, with GDP increasing on average by 4.0% annually since 2003, i.e. faster than nearly any other OECD country. Unemployment is at historically low level, and the average standard of living … More United we stand divided we fall: the need for greater inclusiveness in Israel

Estonia: Using fiscal space for a more inclusive growth

By Pierre Beynet, Head of Division, OECD Economics Department Estonian growth is picking up again strongly in 2017 and the level of activity has finally surpassed its pre-crisis level, almost 10 years after the outset of the financial crisis (Figure 1, panel A). However, poverty remains among the highest in the OECD (Figure 1, Panel B). To … More Estonia: Using fiscal space for a more inclusive growth