Fostering formal sector job creation to further improve living standards in Indonesia

By Christine Lewis, Head of Indonesia Desk, OECD Economics Department The Indonesian economy has grown solidly in recent years, which together with helpful government policies has raised incomes and brought down poverty rates to record lows, as highlighted in the latest OECD Economic Survey of Indonesia (OECD, 2018). Prudent macroeconomic policies have contributed to economic … More Fostering formal sector job creation to further improve living standards in Indonesia

Statistical Insights: Purchasing Power Parities – not only about Big Macs

by Pierre-Alain Pionnier, Head of CLIs, Prices & Environmental Accounts Section, Francette Koechlin, Head of Prices & PPPs Unit, and Sophie Bournot, Statistician for PPPs, OECD Statistics Directorate All travellers know that the prices of goods and services vary between countries. In order to capture these price differences, Eurostat and the OECD collect data on … More Statistical Insights: Purchasing Power Parities – not only about Big Macs