The Friday fish

A weekly catch from behind the headlines on oecd.org
OECD Observer

No 1: Leaders at the OECD; Jobs; Spanish bull; Web sense; Fish 

Leaders at the OECD

The French president, François Hollande, visits the OECD headquarters in Paris on Monday 29 October. In fact, there will be quite an international force gathered for the occasion, joining host and OECD Secretary-General Angel Gurría: Christine Lagarde, managing director of the International Monetary Fund (IMF), Jim Yong Kim, president of the World Bank Group; Pascal Lamy, who is director-general of the World Trade Organization (WTO) and Guy Ryder, who heads the International Labour Organisation. More...

Mr Hollande's visit comes shortly after the visit to the organisation of the Mexican president-elect Enrique Peña Nieto on 18 October. "I'm certain that in the eyes of the world, Mexico is starting a new stage in its history and will be seen as an example of success in the 21st century", Mr Peña Nieto said. More... 

Jobs

In today's globalised world, local policies remain key for creating jobs, as a new study from the Labour Agency of the Autonomous Province of Trento, Italy, argues. More... 

The OECD employment rate—that's the percentage of the working age population in jobs—stood at 65% in the 2nd quarter, which was just 1.5 percentage points below its pre-crisis level. More...

Meanwhile, the OECD-wide unemployment rate stood at 7.9% in August 2012, more or less unchanged in a year and a half. More...

Are we educating enough against unemployment, asks Dirk Van Damme on a blog at the OECD. More...

Spanish bull

Twenty years ago Spain was lauded by economists as a new and emerging star. However, in productivity terms it never quite fulfilled its potential. Why? This rather technical but very readable working paper by the OECD's Andrés Fuentes and the Bank of Spain's Juan Mora Sanguinetti, helps to answer the question. One issue is how to better avail of immigration: the proportion of foreigners in Spain has increased sharply over the last decade, from 1.6% in 1998 to 12.2% in 2010. Yet this immigration has not boosted productivity, partly because many (sometimes over-qualified) immigrants end up in labour intensive sectors with below average productivity. Freeing up the labour market would help resolve such problems, the authors suggest. More... 

Web sense

Handshakes, rather than formal contracts, are driving the Internet's continuing explosive growth, and so it should be, says a new report explained in this OECD Insights blog. More...

And the Internet is growing, but it is also changing. You can read about how, in this newly released outlook. More...

And if you love following these trends, watch out for the new OECD iEconomy app, due in November. More...

Fish

The Friday fish is always interested in, well, fish, and a very good book mapping the way forward for pressurised global fisheries has been released and can be read online. More...

Speaking of which, the now updated Multilingual Dictionary of Fish is another good catch, and might even help you order fish abroad! More...

The Friday fish #1 ©Rory Clarke, OECD Observer, 26 October 2012




Economic data

GDP growth: +0.7% Q2 2017 year-on-year
Consumer price inflation: 2.3% Sept 2017 annual
Trade: +1.4% exp, +1.7% imp, Q2 2017
Unemployment: 5.7% Sept 2017
Last update: 14 Nov 2017

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