Economy

New OECD Tool Can Help US Services Exporters Break Down Barriers, Support Jobs at Home

The United States can further improve productivity in its economy by prioritizing reforms that enhance openness, diversity and competition in services markets, particularly where higher trade restrictions are observed.

Global Economic Outlook - Written Statement for the IMFC

A moderate recovery is under way in major advanced economies after two years of subdued growth. Overall, most indications point to a continued underlying strengthening of the pace of growth, helped by accommodative monetary policy and reduced fiscal drag.

Written Statement for the IMFC (12 October 2013)

Growth rates in the major advanced economies picked up in the first half of 2013 and should be maintained through the second half of the year. Activity is expanding at an encouraging pace in North America, Japan and the United Kingdom, while the euro area as a whole is no longer in recession.

OECD Secretary-General Gurría addresses dangers of U.S. impasse to world economy

The current political deadlock in the United States is needlessly putting at risk the stability and growth not only of the US but also the world economy. This comes at a time when a fragile recovery in advanced economies was underway, and when a number of emerging economies were already facing new risks.

Advanced economies growing again but some emerging economies slowing, says OECD

A moderate recovery is underway in the major advanced economies, according to the OECD’s latest Interim Economic Assessment. Growth is proceeding at encouraging rates in North America, Japan and the UK. The euro area as a whole is out of recession, although output remains weak in a number of countries.

Inequality and poverty in the United States: public policies for inclusive growth

Income inequality and relative poverty in the United States are among the highest in the OECD and have substantially increased over the past decades. These developments have been associated with a number of other worrying statistics, including low intergenerational social mobility and weak real income growth for many households.

OECD Central Government Debt Statistics 2012

G20 Framework for strong, sustainable and balanced growth

An OECD assessment jointly with the World Bank shows that nearly one in five commitments has been fully implemented. Progress is most advanced for tax and labour market reforms. Implementation is going more slowly for product market reforms, financial regulation and to improve human capital, reported OECD Secretary-General in Washington.

The US labour market recovery following the great recession

Although job creation has improved, since the end of the 2007-08 recession, the effects of the recession on the labour market remain severe.

Strengthening innovation in the United States

The US innovation system has many strengths, including world class research universities and firms that thrive in innovation-intensive sectors.