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  • 27-May-2021

    English

    Regional Integration in the Union for the Mediterranean - Progress Report

    Regional Integration in the Union for the Mediterranean: Progress Report monitors major trends and evolutions of integration in the Euro-Mediterranean region. The Report examines five domains of regional integration, namely trade integration, financial integration, infrastructure integration, movement of people, as well as research and higher education. It presents an original analysis of the patterns and challenges of integration in the Euro-Mediterranean region, which highlights the interdependence of the areas examined – e.g. how to increase regional trade without affordable transport connectivity? The Report offers new insights, based on specific quantitative and qualitative performance indicators that are monitored over time. Almost 100 graphs and tables in the report cover data for the 42 member countries of the Union for the Mediterranean and, when relevant, for partners of the region. The Report includes key takeaways and policy recommendations on how to foster regional integration in each of the five domains.
  • 26-May-2021

    English

    Productivity dispersion and sectoral labour shares in Europe

    The stability of the labour share of income is a fundamental feature of macroeconomic models, with broad implications for the shape of the production function, inequality, and macroeconomic dynamics. However, empirically, this share has been slowly declining in many countries for several decades, though its causes are subject of much debate. This paper analyses the drivers of labour share developments in Europe at a sectoral level. We begin with a simple shift-share analysis which demonstrates that the decline across countries has been primarily driven by changes within industries. We then use aggregated microdata from CompNet to analyse drivers of sector-level labour shares and to decompose their effects into shifts in the sector average or reallocation of resources between firms. Our main findings are that the advance of globalisation and the widening productivity gap between 'the best and the rest' have negative implications for the labour share. We also find that most of the changes are due to reallocation within sectors providing support for the 'superstar firms' hypothesis. The finding that globalisation has had a negative impact on the labour share is of relevance for policy in the context of the current backlash against globalisation and reinforces the need to ensure benefits of globalisation and productivity are passed on to workers.
  • 25-May-2021

    English

    Digital supply-use tables - Making digital transformation more visible in economic statistics

    Digital transformation of the economy has increased so quickly that some say economic statistics have failed to keep up. While on balance the current statistical standard used by countries to compile gross domestic product – the 2008 System of National Accounts – can reflect the changing nature of the digital age, some have questioned whether this is enough. Digital supply-use tables (digital SUTs) may provide, at least partly, a solution to this challenge. By disaggregating established indicators in the national accounts, information is generated for research and policy purposes that provides better insights on how digital transformation affects the economy, while still remaining consistent with SNA principles. This Going Digital Toolkit note identifies the measurement difficulties brought about by the digitalisation of the economy, and explains how digital SUTs are designed to help address them. Examples of relevant work that has been undertaken by OECD member countries and could contribute to the compilation of the digital SUTs are showcased.
  • 20-May-2021

    English

    Reducing the precarity of academic research careers

    This report analyses academic research careers, with a focus on the 'research precariat', defined as postdoctoral researchers holding fixed-term positions without permanent or continuous employment prospects. It identifies policies and practices that aim to improve researchers’ well-being, develop more diverse, equitable and inclusive research systems, attract and retain the best talent in academia, and ultimately improve the quality of science. The report presents a conceptual framework and synthesis of available data and policy information. It draws on a survey of OECD countries that included country notes and interviews with policy officials, funders, representatives of research performing organisations and researchers. It offers recommendations and a set of policy options to improve working conditions and professional development, better link funding to human resource policies, make governance more inclusive, promote equal opportunities and diversity, improve human resource management, promote inter-sectoral and international mobility, and develop the evidence base on research careers.
  • 20-May-2021

    English

    Quantitative indicators for high-risk/high-reward research

    This paper describes the key characteristics of high-risk/high-reward research (HRHR), which has gained considerable interest from policy makers as a way to promote the development of new, ‘out-of-the-box’ ideas. It identifies three dimensions that are accentuated in HRHR research: higher levels of basicness, generality and novelty. These knowledge characteristics are commonly associated with market failure and research that requires public investment because it has large spill-overs, long time horizons and high levels of uncertainty. This is illustrated with examples of specific discoveries embedding each knowledge characteristic and the application of appropriate quantitative measures. The paper concludes with the computation and demonstration of an indicator of novelty that may be particularly well suited for the monitoring and evaluation of HRHR research policies.
  • 18-May-2021

    English

    Effective policies to foster high-risk/high-reward research

    This report analyses policies and research funding mechanisms designed to foster high-risk high-reward (HRHR) research, and explores promising practices for fostering HRHR research in a variety of contexts. The underlying concern is that failure to encourage and support research on risky, ‘out-of-the-box’ ideas may jeopardise a country’s longer-term ability to compete economically, harness science for solving national and global challenges, and contribute to the progress of science as a whole. The analysis in this paper is primarily based on a survey of individual HRHR research funding schemes in different countries, complemented by targeted interviews. This survey was supplemented by an analysis of HRHR research-oriented programmes and by the feedback from an international workshop that included all relevant stakeholders.
  • 7-May-2021

    English

    To what extent can blockchain help development co-operation actors meet the 2030 Agenda?

    Blockchain is mainstreaming, but the number of blockchain for development use-cases with proven success beyond the pilot stage remain relatively few. This paper outlines key blockchain concepts and implications in order to help policymakers reach realistic conclusions when considering its use. The paper surveys the broad landscape of blockchain for development to identify where the technology can optimise development impact and minimise harm. It subsequently critically examines four successful applications, including the World Food Programme’s Building Blocks, Oxfam’s UnBlocked Cash project, KfW’s TruBudget and Seso Global. As part of the on-going work co-ordinated by the OECD’s Blockchain Policy Centre, this paper asserts that post-COVID-19, Development Assistance Committee (DAC) donors and their development partners have a unique opportunity to shape blockchain’s implementation.
  • 5-May-2021

    English

    A new era of digitalisation for ocean sustainability? - Prospects, benefits, challenges

    As the United Nations Decade on Ocean Science for Sustainable Development begins, this paper explores recent and likely future digital technologies - especially in the field of ocean observation - that will contribute to ocean sustainability. It examines advances that could lead to substantial improvements in the data collection and analysis of the impact of climate change and human activity on marine ecosystems, while also contributing to the monitoring and reduction of the ecological footprint of ocean-related economic activity. The paper also provides preliminary reflections on how the COVID-19 pandemic might affect digitalisation in the ocean economy, and what strategies could help support ocean research and innovation during and after the crisis.
  • 29-April-2021

    English

    Guidance for a biorefining roadmap for Thailand

    Biorefineries present an alternative to fossil-based production, and can create employment, wealth and the ecosystem needed to make them function. Thailand is establishing a bioeconomy with widespread biorefining as a strategy for future economic growth. There is political will to establish in Thailand, if feasible, small, decentralised biorefineries to which farmers can locally deliver biomass as feedstock, which can then be processed into bio-based products. This would help to relieve rural poverty, which is still a problem in some areas of Thailand despite progress. Developing a biorefining roadmap will help to assess the feasibility of such an initiative.
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