Publishing, telecommunications, the audiovisual industry and broadcasting taken together are an important source of value-added growth in OECD countries despite accounting for less than 4% of total OECD employment. This “information sector” covers a wide range of activities, from computer and optical manufacturing to communications services.
Real GDP growth slowed in most of the emerging economies in Asia in 2014 and remained subdued in 2015, the Economic Outlook for Southeast Asia, China and India 2016 says. In fact, most countries in the region recorded slower growth in 2015 than in 2014–the exceptions being Brunei Darussalam, Thailand, Viet Nam and India. China and the ASEAN region recorded their slowest growth since the start of the global financial crisis.
Korean trade with Africa has more than quadrupled since the late 1990s.
As agriculture has proven itself able to respond to shifts in demand in the past, it could be argued that food security is less an issue of food supply and more one of affordable access.
A decade or so ago e-commerce was a buzzword, but today it has become a routine part of life. Or has it? About half of individuals in OECD countries bought products online in 2014, up from 31% in 2007. The increase in online purchases was particularly marked in Belgium, Estonia, France, the Slovak Republic and Switzerland. Today, more than three-quarters of adults order online in Denmark, Norway and the UK. However, only 10% of adults bought online in Chile and Turkey, and less than 5% in Colombia and Mexico.
The River Seine overflowing its banks is not an uncommon sight in Paris, as the winter catchment swells, causing water levels to rise and cover the lower banks, jetties and walkways.
Over the past 20 years, support provided to agricultural producers in 49 countries analysed by the OECD has been following a downward trend.
In tackling climate change, it makes sense for policymakers to know which sectors greenhouse-gas emissions are coming from. Our chart shows the main sources for European carbon dioxide (CO2) emissions, including electricity supply, manufacturing, households and transportation. Household emissions are largely generated from fossil fuel energy used to heat dwellings, but some of the other industry sources are more complex.
When it comes to jobs and earnings, quality counts, too.
Carbon dioxide (CO2) emissions worldwide have been trending upwards for decades. A small group of large countries is responsible for the lion’s share of these global emissions.
The financial landscape has changed considerably in Africa since 2000. Private external flows in the form of investment and remittances now drive growth in external finance, according to the African Economic Outlook 2015. Foreign investments are expected to reach US$73.5 billion in 2015, underpinned by increasing greenfield investment from China, India and South Africa.
World leaders have just endorsed 17 Sustainable Development Goals (SDGs) comprising some 169 targets. To have a chance of reaching them, we must also meet another goal: improving our data.
People in the OECD area are living longer and healthier lives. Improved lifestyles are one reason, as are better medical treatments. But could the number of doctors also be a contributing factor?
Unequal pay between men and women continues to pose problems, despite decades of legislation by governments to address it, like the Equal Pay Act in the United States and the French labour code on wage equality introduced about half a century ago. In fact, not only are women still paid considerably less than men throughout the world, but UN predictions suggest the gap will persist for 70 years to come.
Are digital tools simplifying our interactions with public authorities? From document browsing to downloading of forms as well as administrative procedures, governments in most of OECD countries now offer a wide range of online services.
The GDP growth story over the past year or two has been one of diverging trends, with relative buoyancy returning to economies such as Sweden, the UK and the US, but with the euro area still looking off colour. How have the crisis and subsequent economic growth patterns affected the actual size of each country’s economy compared to 2007? Have OECD countries recovered their pre-crisis levels of GDP?
A litre of diesel has around 10% more combustion energy than petrol, but produces roughly 18% more CO2 emissions.
Click here for the latest economic indicators by country.
©OECD Observer No 301, Q4 2014
Did you know that the pace of productivity growth is slowing sharply across the OECD area? Moreover, the trend has continued downward since the early 2000s after a brief upward tick in the 1980s and 1990s, which in part reflected the diffusion of new information and communications technologies
Case studies of specific products, particularly in the electronics industry, show that value creation along a global value chain tends to be unevenly distributed among activities.
People are by far the most important input when building quality education. So it is little surprise that teachers’ salaries represent the largest single cost item in the labour intensive education system. Salaries and working conditions play an important role in attracting, motivating and retaining skilled teachers. Teachers are the backbone of the education sector which is a crucial determinant of productivity and growth.
If you feel like happiness is the truth, you might be well poised to stop clapping along with Pharrell Williams, and start seeking out a new place to settle up north. While Switzerland topped the list of the happiest OECD countries in 2012, the high ranks were dominated by the Nordic circle of Norway, Iceland, Sweden and Denmark.
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