OECD Observer i-Sheet: New Approaches to Economic Challenges

New Approaches to Economic Challenges 18 September 2015

©Charlotte Moreau/OECD Observer

i-Sheet

New Approaches to Economic Challenges: A sustainable and inclusive growth agenda Gabriela Ramos, OECD Chief of Staff and G20 Sherpa

New Approaches to Economic Challenges (NAEC) was born at the OECD in 2012.

OECD member countries warmly welcomed and encouraged this comprehensive organisation-wide effort, both to learn from the crisis and to help avoid future crises.

Visit www.oecd.org/naec/

Full article http://oe.cd/16g

TOP STORIES

The opportunities and challenges of greener growth: Getting the whole policy package right

Robert Skidelsky, Emeritus Professor of Political Economy, Warwick University

The recent economic meltdown was at root not a failure of character or competence, but a failure of ideas.

©Charlotte Moreau

Catherine Mann, Chief Economist, OECD

Why markets need governments

New compelling evidence from the OECD indicates that the economy and the environment can be improved together. A shift is starting to take place which should make environmental policies politically easier to advance.

Full article http://oe.cd/Y2

Full article http://oe.cd/16c

NEWS BRIEF

JOBS: Across the OECD area, 41.6 million people were unemployed in July, 7.3 million less than in January 2013, but still 7.1 million more than in July 2008, immediately before the crisis. See http://oe.cd/16I The recent droughts in BRAZIL’s Rio de Janeiro and São Paulo states have exposed the need to shift from crisis management to effective risk governance of the country’s water resource. See http://oe.cd/16J

NEW APPROACH needed to deliver on technology’s potential in schools. See http://oe.cd/16O FINANCE is a key ingredient of modern economies, but too much finance may hamper economic growth and worsen income inequality. See http://oe.cd/16K ECONOMICS FOR ALL: What if economics were within everyone’s grasp? Cambridge scholar Ha-Joon Chang believes it is. See http://oe.cd/16f

BOOKSHOP

To order these titles and more go to: www.oecd.org/bookshop www.OECD-iLibrary.org See also www.oecd.org/naec/ and www.oecd.org/inclusive-growth/

TOP STORIES

A pathway to sound economic thinking Robert A. Johnson, Executive Director, Institute for New Economic Thinking (INET)

© Kacper Pempel / Reuters

Financial market overhang rather than excessive fiscal spending threatens confidence today. And there are sounds investments which can make society healthier.

Full article http://oe.cd/16b

Productivity’s wave goodbye?

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.

8

United States

Euro Area

Japan

United Kingdom

7 6 5 4 3 2 1 0 -1

Full article http://oe.cd/Nu

Source: Banque de France 2014

The automotive sector: Steering beyond the crisis ©Jackie Naegelen/Reuters

Caroline Klein and Isabell Koske, OECD Economics Department

The car industry has taken a dent since the recession started to bite in 2008, but even before then, new patterns were emerging that would reshape the sector for a long time to come.

Full article http://oe.cd/Hi

http://bit.ly/1Kj6UXQ Looking to 2060: A global vision of long-term growth

http://bit.ly/1ACWixz

http://oe.cd/16P

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