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OECD
Labour Market Reforms and Outcomes in Estonia
In this paper we analyse, on the basis of a matching model, the impact of labour market reforms enacted in Estonia over the last few years on the country’s unemployment rate, which increased markedly in the wake of the recent financial and economic crisis. The results suggest that active labour market policies, including linking unemployment … Continue reading
Quarterly National Accounts – GDP Growth – Fourth Quarter 2011, OECD
Provisional estimates show that quarterly gross domestic product (GDP) growth in the OECD area decelerated sharply to 0.1% in the fourth quarter of 2011, against 0.6% in the third quarter. Source: oecd.org Quarterly National Accounts – GDP Growth – Fourth Quarter 2011, OECD.
OECD | World | Migration | Brain Drain : A new Report
“Conventional wisdom suggests that international migration of the highly skilled from poor to rich countries — the so-called brain drain phenomenon — threatens development.” writes the OECD in its new report Migration and the Brain Drain Phenomenon. It then adss: “Comparing emigration rates of the highly educated — the share of a country’s nationals with a … Continue reading
OECD | Divided We Stand: Why Inequality Keeps Rising | 10 links
Tax and benefit systems play a major role in reducing market-driven inequality, but have become less effective at redistributing income since the mid-1990s. The main reason lies on the benefits side: benefits levels fell in nearly all OECD countries, eligibility rules were tightened to contain spending on social protection, and transfers to the poorest failed … Continue reading
Labour markets : the German Recipe according to The Economist
According to The Economist, “the academic achievements of (german) schoolchildren, measured in international tests, look only mediocre… (And) the reading abilities of German 15-year-olds, according to the PISA studies published by the OECD, are below the average for rich countries. The question is then: “In a world where brainpower matters more and more, how does … Continue reading
OECD: Matching skills to new needs is an important challenge for member countries
“It is not just more of the same education that is needed” says the OECD, “the nature of the skills in demand is changing too.” The author adds: “The steepest decline in the demand for skills has recently occurred in routine cognitive task input, involving mental tasks that are well described by deductive or inductive rules… … Continue reading
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