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41. Agricultural Policy Reform in South Africa

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
With a surface area of 1.22 million km2 and a population of 46.9 million, South Africa is one of the largest countries on the African continent. It is also the largest African economy, with a per capita gross domestic product (GDP) of USD 3 530, more than four times the African average.
Topic:
Development, Economics, International Organization, and International Trade and Finance
Political Geography:
South Africa

42. Competition Law and Policy in Switzerland

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Competition policy plays a key role in promoting consumer welfare and market opening. Lack of competition is a main reason for the high prices of many products and services on the Swiss market. Traditionally, Swiss competition policy has been relatively lenient and low profile, allowing a relatively uncompetitive internal market to remain unchallenged. The impact of competition policy on economic development has therefore been at best neutral. As the slow rate of growth becomes an issue, however, a more vigorous approach to competition has been identified as an important factor for improving growth prospects. The 2003 reform of the Cartel Act strengthened Swiss competition law, in particular by introducing direct sanctions for the most serious infringements and a leniency programme, thus bringing it closer to that of the European Union and of many other OECD countries. The Swiss Competition Commission has been given considerable new powers to combat private restraints of competition. Comco will have to enforce the new laws resolutely and step up action to promote regulatory reforms. In doing so, it is burdened by institutional arrangements and mechanisms that temper its full independence. The Swiss competition enforcers do not benefit from the networks of exchanges available to national competition authorities in EU member States. Matters are further complicated by a relative lack of resources. Strengthening competition is a key for an effective internal market. The amendments to strengthen the Cartel Law and pending reform proposals signal determination on the part of the Confederation to tackle the problems. It is too early to say how effective they will be and the extent to which they will encourage a change in general attitudes, notably among the sub federal levels of government.
Topic:
Development, Economics, International Organization, International Trade and Finance, and Law
Political Geography:
Switzerland

43. Economic Survey of Finland, 2006

Publication Date:
05-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Growth performance has been among the best in the OECD, underpinned by a strong innovation performance and high educational attainment. The unemployment rate, currently at 8%, has dropped below the euro area average, employment rates, particularly among the old workers, have been increasing rapidly, inflation is among the lowest in the OECD and the government surplus sizeable.
Topic:
Development, Economics, International Organization, and International Trade and Finance
Political Geography:
Finland

44. Economic Survey of Portugal, 2006

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Portugal's economic performance has deteriorated markedly since 2000, with the slowdown turning out to be more severe and prolonged than in most other OECD countries. This lack of resilience reveals structural weaknesses. Meanwhile, with low growth and weak control of public expenditure, the fiscal deficit has remained at unsustainably high levels, reaching close to 6% of GDP in 2005. Despite the existence of a large output gap, the high fiscal deficit leaves no room to stimulate demand. The government has embarked on a strategy that aims at consolidating public finances and enhancing growth and it is important to strengthen these efforts. Without more wage restraint and higher productivity growth, there is a clear risk that Portugal's competitiveness continues to deteriorate and the income gap vis-à-vis the OECD average widens further.
Topic:
Development, Economics, International Organization, and International Trade and Finance
Political Geography:
Portugal

45. OECD Territorial Reviews: Seoul, Korea

Publication Date:
04-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
For many cities in OECD countries, globalisation has opened access to new markets, skilled human resources and advanced technology, while accelerating international competition and industrial restructuring. Seoul – a city of 10.3 million people at the core of a capital region of 22.5 million people, one of the world's most populous metropolitan regions – is striving to upgrade its position from that of a national mega-capital to become a “world city” and a leading business hub in Northeast Asia.
Topic:
Development, Economics, International Organization, and International Trade and Finance
Political Geography:
Korea, Northeast Asia, and Seoul

46. OECD and the WTO (Policy Brief compilation)

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Fears that “globalisation” implies increasing job losses and lower wages are an important source of popular ambivalence towards the increasingly open character of OECD economies. Although such concerns are not new, recent developments appear to have heightened workers' apprehensions that rising trade competition threatens their jobs, wages and employment conditions, particularly in the higher-wage OECD countries. Increased international sourcing of production activities – including the “offshoring” of some white-collar jobs in information technology (IT) and business services – has led some commentators to conclude that a large share of high-wage OECD workers will soon be in direct competition with workers in countries where wages are far lower. EU enlargement and the increasing integration of large, labour-surplus economies such as India and China into the world trading system also reinforce anxieties about “delocalisation” and “a race to the bottom”.
Topic:
Development, Economics, International Organization, and International Trade and Finance
Political Geography:
China

47. OECD Territorial Reviews: Stockholm

Publication Date:
05-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Stockholm is one of the most successful metropolitan regions in the OECD. Throughout the 1990s, the region experienced consistent and impressive growth, drawing on its role as the national capital, its research and development strengths, concentration of advanced business, logistical and financial services, and specialisation in high growth, high-tech sectors, notably ICT. Stockholm also stands out for its high quality of life, as is evident in its strong public health performance, high educational attainment and low poverty levels. In terms of these and other socio-economic indicators, Stockholm ranks among the best in the world.
Topic:
Development, Economics, International Organization, and International Trade and Finance

48. Reforming Personal Income Tax

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Many OECD countries have reformed their personal income tax system over the last two decades. Yet no clear consensus has emerged on what is the ideal personal income tax. These reforms have tried to create a competitive fiscal environment, which encourages investment, risk taking and entrepreneurship and provides increased work incentives. At the same time, fairness and simplicity have become the byword of reformers. Fairness requires that taxpayers in similar circumstances pay similar amounts of tax and that the tax burden is appropriately shared. Simplicity requires that paying your taxes becomes as painless as possible and that the costs of collecting taxes are kept at a minimum.
Topic:
Development, Economics, Emerging Markets, and International Trade and Finance

49. Putting Climate Change Adaptation in the Development Mainstream

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Climate change poses a serious challenge to social and economic development. Developing countries are particularly vulnerable because their economies are generally more dependent on climate-sensitive natural resources, and because they are less able to cope with the impacts of climate change.
Topic:
Development, Economics, Environment, and Human Welfare

50. Advancing Sustainable Development

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
What is sustainable development and why is it important? Most people support the idea of sustainable development, but without fully understanding what it is. Most would agree that it implies a better balance between economic, environmental and social goals, and greater fairness in distributing the gains from growth among people and countries. It also concerns preserving the environment and natural resources as a basis for progress. And it means making policy decisions which are in the interest of future generations.
Topic:
International Relations, Development, Economics, and Environment

51. Economic Survey of Ireland, 2006

Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Ireland has continued its exemplary economic performance, attaining some of the highest growth rates in the OECD. After a remarkable decade, per-capita income has caught up with and overtaken the EU average. Further progress will require strong productivity growth and continued increases in labour supply. These challenges are familiar to most OECD economies. But it also faces some issues that are less common: it is going through a transition phase in upgrading its social services; infrastructure levels need to catch up with the boom in activity and population that has occurred over this period; and it has to manage some sizeable macroeconomic risks.
Topic:
Development, Economics, and Markets
Political Geography:
Europe and Ireland

52. Labour and the OECD: the Role of TUAC

Publication Date:
02-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The OECD represents the governments of its 30 member countries, but it does not work for them in a vacuum. The major stakeholders of democratic societies – business, trade unions and other members of civil society – also have an important role in OECD work.
Topic:
International Relations, Civil Society, Economics, and Government

53. Making Sure Fish Piracy Doesn't Pay

Publication Date:
01-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Fish piracy, or illegal fishing activity, depletes global fish stocks and undermines efforts to ensure continued, renewable stocks for the future. It also damages the economic and social welfare of those involved in legal fishing, and reduces incentives to play by the rules. But despite national and international efforts, illegal, unreported and unregulated (IUU) fishing continues to thrive worldwide.
Topic:
Economics, Environment, Human Welfare, and International Law

54. Preserving Competition: Keeping Predators at Bay

Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Predatory pricing is the practice of offering goods or services at exceptionally low prices, thereby forfeiting some profit in order to drive competitors out of the market, discipline them, and/or deter entry. It is among the most frequently discussed topics in competition law and economics.
Topic:
Economics, Government, Industrial Policy, and Markets

55. Subsidies: a Way Towards Sustainable Fisheries?

Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Governments pay out some USD 6 billion a year to support the fisheries sector in OECD countries. This money, variously called subsidies, support or financial transfers, is used to help manage fish stocks, to modernise fishing fleets, and to help communities and regions that can no longer make a living out of fishing to develop other economic activity. The money is also intended to assist in resolving problems of over-fishing and over-capacity that affect many parts of the OECD fishing industry.
Topic:
Development, Economics, Environment, and Government

56. Agricultural Policy Reform in China

Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
China is the world's sixth largest economy and its most populous country, home to 1.3 billion people or 21% of the Earth's total population. But it faces a major challenge in providing its people with food – China has only 10% of the world's arable land and only one quarter of the average world water resources per person.
Topic:
Agriculture, Civil Society, and Economics
Political Geography:
China and Asia

57. Public Sector Modernisation: The Way Forward

Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Governments have made major changes to the way they manage the public sector in the past two decades, privatising commercial activities such as telephone services, cutting red tape and making government more transparent and responsive to citizens.
Topic:
Civil Society, Economics, Government, and Science and Technology

58. Economic Survey of Chile, 2005

Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Chile continues to be a strong performer and the economy has recovered in earnest from the 1998-2003 slowdown. Macroeconomic management has been exemplary and policies have been framed in rules-based, credible settings. Public finances are particularly robust, making the economy resilient to shocks. Structural reform is on-going, unleashing opportunities for growth. But Chile's income gap remains sizeable relative to the OECD area. Lifting the economy's growth potential is therefore Chile's overarching policy challenge.
Topic:
Development, Economics, and Markets
Political Geography:
South America

59. Agricultural Policy Reform in Brazil

Publication Date:
10-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Brazil is a major player in the global economy, one of the world's 10 largest economies, with a population of 180 million and vast natural resources. Brazil's agricultural land is exceeded only by China, Australia and the United States, and agriculture plays an important role in the country's economy. Primary agriculture accounts for 8% of GDP, while agricultural products account for about 30% of exports.
Topic:
International Relations, Agriculture, and Economics
Political Geography:
United States, China, Brazil, South America, and Australia

60. Economic Survey of the United States, 2005

Publication Date:
10-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Despite higher energy prices, the expansion has continued at a solid pace, driven by private domestic demand. With the output gap closing, stimulus is appropriately being withdrawn. However, monetary tightening since mid-2004 has not yet translated into higher long-term interest rates, and the incipient decline in the federal budget deficit owes much to the recent buoyancy of revenues. Over the next 18 months, the economy is projected to grow at an annual rate of 3¼ per cent, roughly in line with estimated potential output. Although such a soft landing is the most likely outcome, there are some risks. With little economic slack left, inflation could continue to pick up, in particular if oil prices keep rising. Insufficient public spending restraint or renewed dollar weakness associated with concerns about the external deficit might also add to inflationary pressures. On the other hand, an end to the house price boom, let alone a sharp correction, could entail a retrenchment of household expenditure that has been underpinned by rising household wealth.
Topic:
Development, Economics, and Markets
Political Geography:
United States