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54522. The Significance of Knowledge Management in the Business Sector
- Publication Date:
- 07-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Knowledge management – how organisations track, measure, share and make use of intangible assets such as an employee's ability to think fast in a crisis – is increasingly important in a fast-changing knowledge society. Organisations have always managed knowledge, even if they did not use the term knowledge management. For example, a person experienced in operating or repairing a particular machine could pass their knowledge on to newcomers.
- Topic:
- Development, Economics, Education, and Industrial Policy
54523. Economic Survey of the Euro Area, 2004
- Publication Date:
- 07-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The euro area has shown disappointing resilience to shocks and its income gap against the best performing countries remains large and is widening. The differences between individual euro area countries are even more striking and the forces that influence convergence in economic performance across the area are largely the same as those that shape the economic performance of the area.
- Topic:
- Development, Economics, and International Trade and Finance
54524. Economic Survey of the Russian Federation, 2004
- Publication Date:
- 07-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The major economic challenge facing Russia is the achievement of long-term, sustainable growth that would allow for a relatively rapid convergence between living standards in Russia and the OECD economies. The nature of this challenge is largely determined by Russia\'s economic structure. At present, Russia\'s economy is highly dependent on the export of a limited range of natural resources, chiefly hydrocarbons and metals. This presents policymakers with a number of specific problems. In particular, resource dependence makes the Russian economy especially vulnerable to external shocks. It is therefore difficult to overstate the importance of prudent macroeconomic policies, especially as the budget relies heavily on resource taxes and is thus influenced by volatile energy prices. Hence, exemplary fiscal discipline, in particular, is crucial to reducing Russia\'s vulnerability to commodity-price cycles. Yet while resource dependence brings with it certain macroeconomic risks, economic performance will continue to depend to a great extent on the performance of resource-exporting sectors for the foreseeable future. This makes reform of the natural gas sector an urgent priority. In the absence of substantial reform, the gas industry, which is critical to both exports and the domestic economy, could well stagnate or decline.
- Topic:
- International Relations, Development, and Economics
- Political Geography:
- Russia
54525. Access Pricing in Telecommunications
- Publication Date:
- 06-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- OECD countries now have an average of 5-6 years of experience with competition in the telecommunications industry. The liberalisation process has been guided by principles such as minimising barriers to entry and ensuring that new entrants have access to essential services at non-discriminatory terms and conditions. Experience has now shown that the conventional understanding of these principles needs to be refined in order to ensure the on-going, long-term development of competition in the industry.
- Topic:
- Development, Economics, Industrial Policy, and Science and Technology
54526. Economic Survey of Poland, 2004
- Publication Date:
- 06-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Poland has made impressive progress in the transformation of its economy and the accession to the European Union on 1st May 2004 marks another historical event. It follows 15 years of profound change and accomplishment. More than 75 per cent of GDP is now produced in the private sector, the economy is well integrated with those of western European nations and inflation has been brought down to low levels. After an initial fall, output has been growing continuously for more than 10 years and, on average, Poles are much better off now than they were then. However, the striking drop in employment since 1998 is suggestive of serious remaining problems. To address these, much more needs to be done, notably in terms of raising productivity, expanding employment and increasing per capita income, which is 41 per cent of OECD levels.
- Topic:
- Development and Economics
- Political Geography:
- Europe and Poland
54527. Agricultural Support: How is it Measured and What does it Mean?
- Publication Date:
- 06-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- OECD governments have a long history of pursuing agricultural policies, with objectives ranging from supporting farm incomes to securing safe food and environmental quality. Policy measures are equally varied, including instruments such as import tariffs, export subsidies and a host of different government payments to farmers. Many of these policies share the common feature that they transfer money to farmers, and thereby impact on production decisions, incomes, international trade and the environment.
- Topic:
- Agriculture, Development, Economics, and Environment
54528. Economic survey of Korea, 2004
- Publication Date:
- 06-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Korea has been one of the fastest growing economies in the OECD area over the past five years, with an annual growth rate of about 6 per cent. Such rapid growth, which has lifted per capita income to two-thirds of the OECD average, reflects Korea's underlying dynamism and its progress in implementing a wide-ranging reform programme in the wake of the 1997 crisis. However, the recession in 2003 – which was due in part to structural problems in the labour market and in the corporate and financial sectors – indicates that the reform agenda is unfinished. Sustaining rapid growth over the medium term as the contribution from inputs of labour and capital slows requires further progress in structural reform, particularly in the labour market and in the corporate and financial sectors, accompanied by appropriate macroeconomic policies.
- Topic:
- Development, Economics, and Government
- Political Geography:
- Asia and Korea
54529. Competition Law and Policy in Mexico
- Publication Date:
- 06-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Mexico's competition policy was introduced as part of a decade-long reform initiative, begun in the mid-1980s, to end central government control and protection of domestic economic activity and to develop instead a market-based economy. A key element in the government's economic reform was the adoption, in 1993, of the Federal Law of Economic Competition (LFCE), and creation of the Federal Competition Commission (CFC) to enforce it.
- Topic:
- Development, Economics, and Government
- Political Geography:
- North America and Mexico
54530. Keeping Children Safe in Traffic
- Publication Date:
- 05-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Road accidents are the number one killer of children in OECD countries. An estimated 100,000 children have died on the roads in the past 20 years – almost 100 per week on average. Of course, this level of fatalities is not acceptable. Road transport safety, particularly for children, should be a priority for all governments.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
54531. Economic Survey of the Netherlands, 2004
- Publication Date:
- 05-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The economic downturn in the Netherlands, like the boom that preceded it, has been more marked than in most other European countries. This is partly attributable to greater exposure to international trade, especially with the US, and to greater sensitivity to international stock price movements. But there are also some structural policies – pension fund regulation, housing and wage setting institutions – that have undermined economic efficiency and contributed to the amplitude of the cycle. Furthermore there has been a marked deterioration in public finances, part of which is structural. Longer term growth trends too are unfavourable. In view of these developments, the main challenges are to reform those policies that have reduced efficiency and increased volatility, put public finances on a sustainable path, and, most importantly, increase trend growth by increasing both employment and productivity.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
- Political Geography:
- Europe and Netherlands
54532. Mobilising Public Opinion Against Global Poverty
- Author:
- Jude Fransman and Henri-Bernard Solignac Lecomte
- Publication Date:
- 05-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Citizens in OECD countries quite unambiguously support more solidarity and justice at the international level; however, despite the adoption of the Millenium Development Goals (MDGs) by their governments in 2000, they remain insufficiently informed and educated about global development challenges. With increased understanding of the issues, citizens could provide greater support for more efficient and coherent development policies as well as for more funding. This requires new efforts by national authorities to report on desirable outcomes and on the results and effectiveness of international development policies towards achieving them.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
54533. Security System Reform and Governance:Policy and Good Practice
- Publication Date:
- 05-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Security in all its dimensions is fundamental to reducing poverty, protecting human rights and achieving the Millennium DevelopmentGoals (MDGs). Security concerns not only the stability of the state and the security of regimes. It also involves the safety, well-being and freedom from fear of a nation and its people.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
54534. Economic Survey of the United States, 2004
- Publication Date:
- 04-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Economic performance over the past two decades has been impressive. Underpinned by an increased reliance on competitive forces, which have been stronger than in most other member countries for some time, productivity and output have accelerated significantly. In recent years, helped by timely macroeconomic policy responses, the economy has demonstrated its capacity to adjust to adverse shocks, so that the per capita growth gap against other countries has widened further. The outlook is for this to continue in the next few years, with real GDP expanding by around 4 per cent per annum. Nonetheless, there are a number of challenges that need to be addressed to sustain these laudable economic outcomes. By far the top priority is to confront the current and projected federal budget deficits. The fiscal stimulus of the past few years has been helpful in supporting the recovery, but if public dissaving is not reduced, interest rates may be higher, ultimately implying slower growth in economic potential. Increased budget discipline, and indeed significant reform on both the spending and revenue sides of the budget, will be necessary because of the impending demographic pressures on government finances. Corrective fiscal measures will also assist the unwinding of the current account deficit, which is unusually large for this stage of the cycle. As the Federal Reserve begins to move the federal funds rate back to a more neutral level, it will need to be especially attentive to the clarity of its communications with the markets. Further corporate-governance and accounting reforms would help to underpin confidence of domestic and foreign investors, thereby facilitating orderly current-account adjustment. Less reliance on import restrictions and maintaining a leadership role in trade liberalisation would favour structural adjustment at home. Furthermore, despite the generally pro-competitive thrust of antitrust and other regulatory policies, a number of areas deserve attention, notably intellectual property rights, telecommunications and electricity, where further reforms would be welfare enhancing.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
- Political Geography:
- United States
54535. Innovative Approaches to Funding the Millennium Development Goals
- Author:
- Helmut Reisen
- Publication Date:
- 04-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- At the United Nations Millennium Summit in September 2000, world leaders adopted the Millennium Development Goals (MDGs), which set clear targets for reducing poverty, hunger, disease, illiteracy, environmental degradation, and discrimination against women by 2015.The need for additional development funding, if the MDGs are to be achieved by 2015, is widely recognized. The figure of additional $50 billion per year, roughly the present total of ODA spent by DAC donors, is often quoted (e.g. Zedillo Report). This estimate is of back-of-the-envelope nature, and it seems to be the minimum estimate. If governments exclude the option to abandon the MDGs, they have either to double the existing ODA or to find alternative sources of comparable magnitude–or a balance of the two. The challenge to the international community is mounting by the day.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, Political Economy, and United Nations
54536. OECD Environmental Strategy: 2004 Review of Progress
- Publication Date:
- 04-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- OECD countries are working hard to tackle the environmental problems they face, but much more ambitious policies will be needed if their national and international commitments are to be met. Progress has been made in a number of areas since OECD ministers agreed in 2001 on an Environmental Strategy for the First Decade of the 21st Century. For example, air pollution regulations have been tightened, new market-based policies to mitigate climate change at least cost are in place or planned, regulatory frameworks are being strengthened to protect the environment and human health from chemicals, and a number of key international agreements to protect the marine environment and ensure sustainable fishing have recently entered into force, thanks in part to their ratification by some OECD countries. But current policies are insufficient to adequately protect biodiversity resources, or to address climate change. Economic growth no longer leads automatically to an equal increase in pressure on the environment in some key sectors, indicating at least some “decoupling” of environmental pressures from economic growth, but the environmental impact of continuing road transport expansion, energy production, and agricultural practices remains high.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
54537. The OECD Environmental Strategy: Progress in Managing Water Resources
- Publication Date:
- 04-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Water is a vital resource for society but needs to be managed carefully to ensure that people have access to affordable and safe drinking water and sanitation, without depleting water resources or damaging ecosystems. The OECD Environmental Strategy for the First Decade of the 21st Century, adopted by OECD ministers in 2001, highlights water management as one of the key issues in maintaining the integrity of ecosystems.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
54538. Economic Survey of Norway, 2004
- Publication Date:
- 03-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The short-term outlook for Norway is good. Helped by global recovery, growth could proceed at above potential rates for a while, especially as inflation is well below target and there is some cyclical slack in the labour market. Interest rates are low, and fiscal stimulus needs to be withdrawn. Indeed, it will be important to rein back spending over the next few years in order to get back onto the self-imposed track of permissible spending of oil revenues that is consistent with notions of intergenerational fairness. In the longer term, the case for continuing fiscal restraint is even stronger. Reflecting both demographic factors and the maturing of the system, public spending on pensions will rise considerably over the next decades, even if the major reforms now under discussion are quickly implemented. In the future, growth of living standards will have to rely primarily on increases of productivity and employment in the non-oil private business sector. To maintain vigour in the non-oil economy, reforms in both labour and product markets, and in social policies and transfer programmes are called for. There are important interdependencies among policies in these areas and it is unlikely that success will be achieved without advancing with comprehensive reforms. More flexibility is desirable in wage setting, particularly in the public sector. Proposed changes in the fields of education and training will raise skill levels, but value for money needs to be an important criterion when prioritising the programmes. Competition should be strengthened through regulatory reform and a more active policy stance: proposed amendments to strengthen the enforcement framework are an opportunity to make competition policy more central, and should include an independent appellate body. State ownership and subsidies to agriculture should be reduced. Norway's comprehensive social programmes ensure that poverty is virtually non-existent, and a strong work ethic and a high level of social trust led to comparatively little abuse in the past. However, the very rapid rises in numbers on disability pensions and on sick leave suggest that stricter controls are needed. Advancing the reform efforts suggested above will be necessary to harness the more efficient use of resources, thereby raising non-oil potential output and ensuring that Norway maintains a high standard of living in the years to come.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
- Political Geography:
- Norway
54539. Public Sector Modernisation
- Publication Date:
- 03-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Most OECD countries have been actively reforming their public sectors for two decades. Initially the problem seemed to be a relatively straightforward one of improving efficiency, reforming management practices, and divesting public involvement in commercial enterprises. These reforms have indeed had a major impact but they have also given rise to some unexpected problems of their own. Even a seemingly straightforward action such as simplifying a welfare benefit form and cutting the time taken to process it may, for example, encourage more people to apply for the benefit, increasing the workload and making it more difficult to cut waiting time. While more efficient government is certainly desirable, efficiency alone is not a guarantee of better government.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy
54540. The Quality of the Teaching Workforce
- Publication Date:
- 02-2004
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The quality of the teaching workforce is a major consideration in any nation's aspirations for an educational system of high quality. Teachers form the core of the school system and a wide range of research studies has confirmed the importance of teacher quality for student learning. Thus, the development of policies seeking to improve the quality of teachers and ensure that all students receive quality teaching is a central concern for governments.
- Topic:
- Agriculture, Economics, Environment, Human Rights, International Organization, and Political Economy