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  • 12-March-2024

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    Stronger institutions and public finances would help boost productivity, growth and incomes for Romania

    Romania’s economy has performed well in recent years, driving living standards higher and supporting convergence with OECD countries, but high inflation has put a drag on households’ purchasing power, according to the latest OECD Economic Survey of Romania.

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  • 12-March-2024

    English

    OECD Economic Surveys: Romania 2024

    Romania’s economy withstood significant adverse shocks in the wake of Russia’s invasion of Ukraine and the ensuing energy crisis. Tackling high inflation is the immediate task for macroeconomic policy. Fiscal consolidation would complement restrictive monetary policy in keeping demand at sustainable levels. Greater tax revenues are needed to stabilise the public debt burden while funding priority spending – including on critical infrastructure, pensions, health care and the education system. Productivity growth is a powerful engine for lifting living standards but sustaining it will require a sound investment climate backed by strong competition, predictable policymaking, financial inclusion and effective controls against corruption. Romania’s Recovery and Resilience Plan is helping drive reform. More policy focus is needed on addressing disparate socio-economic outcomes within Romania and to lift employment among groups underrepresented in formal work, including women. Faster progress is also required to decarbonise the economy by 2050. Romania needs more renewable power and big energy savings to reduce fossil fuel use. Energy-efficient buildings, better transport systems and consistent price signals for abatement are also needed. Efficient and fair policies can limit costs from the net-zero transition, shield affected communities from hardship, and prepare people for changing climates. SPECIAL FEATURE : DECARBONISING ROMANIA'S ECONOMY

  • 7-March-2024

    English

    OECD Environmental Performance Reviews: Chile 2024

    Chile has made important strides on its environmental agenda in recent years with the passage of the Framework Law on Climate Change, the establishment of the Biodiversity and Protected Areas Service and the ratification of the Escazú Agreement. However, the country has made limited progress in decoupling environmental pressures from economic growth. Greenhouse gas emissions have continued to rise and the country is not on track to reach its legally binding target of net zero by 2050. Chile is well-positioned to achieve its targets for biodiversity, while air pollution remains a serious public health challenge and waste management relies heavily on landfilling. Chile is facing a severe and deepening water crisis that requires concerted action to improve water allocation and water quality, and to strengthen water governance. The review provides 36 recommendations to help Chile improve its environmental performance, with a special focus on water management and policies. This is the third Environmental Performance Review of Chile. It provides an independent, evidence-based evaluation of the country’s environmental performance since the previous review in 2016.

  • 7-March-2024

    English

    Environment at a Glance Indicators

    This new web format for Environment at a Glance Indicators provides real-time interactive on-line access to the latest comparable OECD-country data on the environment from the OECD Core Set of Environmental Indicators – a tool to evaluate environmental performance in countries and to track the course towards sustainable development. The web version allows users to play with the data and graphics, download and share them, and consult and download thematic web-books. These indicators provide key messages on major environmental trends in areas such as climate change, biodiversity, water resources, air quality, circular economy and ocean resources. They are accompanied by a short Environment at a Glance report that presents a digest of the key messages stemming from the indicators.
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  • 6-March-2024

    English

    Boosting competition, strengthening public finances and reforms to education will help to put Hungary on a stronger growth path

    Hungary’s economy recovered strongly from the COVID-19 pandemic before dipping into a mild recession as high inflation eroded households’ purchasing power and high interest rates and low confidence dampened investment, according to the latest OECD Economic Survey of Hungary released today.

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  • 6-March-2024

    English

    Consumer Prices, OECD - Updated: 6 March 2024

    OECD headline inflation slows to 5.7% in January 2024

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  • 29-February-2024

    English

    OECD appoints Alvaro Santos Pereira as Chief Economist

    Alvaro Santos Pereira has been appointed as the next Chief Economist of the OECD, starting on 1 June 2024.

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  • 29-February-2024

    English

    OECD Compendium of Productivity Indicators 2024

    This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries and selected G20 economies. The different chapters feature an analysis of latest developments in productivity, economic growth, sectoral reallocation, investment, labour productivity by firm size and labour income. This edition also includes a special chapter providing insights of productivity developments in 2023 based on experimental estimates for 38 OECD countries.

  • 27-February-2024

    English

    To harness new growth opportunities, Mexico needs to boost productivity, accelerate digitalisation and improve educational outcomes and housing supply

    Mexico’s growth has proven resilient and nearshoring is bringing new opportunities, with growth supported by domestic demand on the back of a strong labour market, investment trending up and continued dynamism in export performance, according to a new OECD report.

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  • 23-February-2024

    English

    Reforms to boost productivity and private investment would help secure stronger growth, more high-quality jobs and increased living standards in Egypt: OECD

    Renewed reform efforts helping to boost private sector activity and investment would help boost growth, which is currently slowing amid high domestic inflation, and would support the creation of more high quality jobs, according to a new OECD report.

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