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Organisation for Economic Co-operation and Development

In It Together: Why Less Inequality Benefits All

Date of Editorial Board meeting: 
Publication date: 
Thursday, May 21, 2015
Abstract in English: 
The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones. It tends to drag down GDP growth, due to the rising distance of the lower 40% from the rest of society. Lower income people have been prevented from realising their human capital potential, which is bad for the economy as a whole. This book highlights the key areas where inequalities are created and where new policies are required, including: the consequences of current consolidation policies; structural labour market changes with rising non-standard work and job polarization; persisting gender gaps; the challenge of high wealth concentration, and the role for redistribution policies.
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44
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International Migration Outlook 2016

Date of Editorial Board meeting: 
Publication date: 
Monday, September 19, 2016
Abstract in English: 
The 2016 edition of the International Migration Outlook analyses recent developments in migration movements and policies in OECD countries and selected non-OECD countries, and looks at the evolution of the labour market outcomes of recent immigrants in OECD countries. The report includes two special chapters: “The economic impact of migration: Why the local level matters” and "International migration following environmental and geopolitical shocks: How can OECD countries respond?", as well as country notes and a statistical annex.
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432
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OECD‑FAO Agricultural Outlook 2016‑2025

Date of Editorial Board meeting: 
Publication date: 
Monday, July 18, 2016
Abstract in English: 
The Agricultural Outlook 2016-2025 is a collaborative effort of OECD and FAO. It brings together the commodity, policy and country expertise of both organisations and input from collaborating member countries to provide an assessment of medium-term prospects of national, regional and global agricultural commodity markets. The Outlook provides supply, demand, trade and price estimates of major agricultural commodities for 41 countries and 12 geographical regions. The special theme chapter of this year’s edition focusses on the prospects and challenges of the agricultural sector in Sub-Saharan Africa. Prices for the main crops, livestock and fish products all fell in 2015, signalling that an era of high prices is quite likely over for all sub-sectors. Meat prices fell from record highs in 2014, dairy product prices continued declines that started in 2013 and 2014, while crop prices fell further from their peaks in 2012.The main factors behind lower prices have been several years of robust supply growth, weakening demand growth due to the overall economic slowdown, lower oil prices and further accumulation of already abundant stocks.
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Number of pages: 
137
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Income Inequality: The Gap between Rich and Poor

Date of Editorial Board meeting: 
Publication date: 
Tuesday, December 15, 2015
Abstract in English: 
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it’s around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
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122
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The Future of Productivity

Date of Editorial Board meeting: 
Publication date: 
Friday, December 11, 2015
Abstract in English: 
This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Analysis based on micro and industry-level data highlights the importance of reallocation-friendly policies, including well-functioning product, labour and risk capital markets, efficient judicial systems, bankruptcy laws that do not excessively penalise failure, housing policies that do not unduly restrict labour mobility, and improvements in public funding and organisation of basic research which do not excessively favour applied vs basic research and incumbents vs young firms.
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123
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The Economic Consequences of Climate Change

Date of Editorial Board meeting: 
Publication date: 
Tuesday, November 3, 2015
Abstract in English: 
This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond. It focuses on how climate change affects different drivers of growth, including labour productivity and capital supply, in different sectors across the world. The sectoral and regional analysis shows that while the impacts of climate change spread across all sectors and all regions, the largest negative consequences are projected to be found in the health and agricultural sectors, with damages especially strong in Africa and Asia.
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Number of pages: 
141
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The Future of Productivity

Date of Editorial Board meeting: 
Publication date: 
Monday, July 6, 2015
Abstract in English: 
Productivity is the ultimate engine of growth in the global economy. Raising productivity is therefore a fundamental challenge for countries going forward. This new OECD report on The Future of Productivity shows that we are not running out of ideas. In fact, the growth of the globally most productive firms has remained robust in the 21st century. However, the gap between those global leaders and the rest has increased over time, and especially so in the services sector. This implies that knowledge diffusion should not to be taken for granted. Future growth will largely depend on our ability to revive the diffusion machine, both within and across countries. At the same time, there is much scope to boost productivity and reduce inequality simply by more effectively allocating human talent to jobs.
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102
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Health at a Glance 2015

Date of Editorial Board meeting: 
Publication date: 
Wednesday, November 4, 2015
Abstract in English: 
Health at a Glance 2015 presents cross-country comparisons of the health status of populations and the performance of health systems in OECD countries, candidate countries and key emerging economies. This edition offers two new features: a set of dashboard indicators on health outcomes and health systems (presented in Chapter 1), which summarise the comparative performance of OECD countries; and a special chapter on recent trends in pharmaceutical spending across OECD countries. The key findings of this publication are as follows.
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220
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Agricultural Outlook, 2013-2022

Date of Editorial Board meeting: 
Publication date: 
Tuesday, October 1, 2013
Abstract in English: 
The nineteenth edition of the Agricultural Outlook, and the ninth prepared jointly with the Food and Agriculture Organization of the United Nations (FAO), provides projections to 2022 for major agricultural commodities, biofuels and fish. Notable in the 2013 report is the inclusion of cotton for the first time and a special feature on China.

Higher costs and strong demand are expected to keep commodity prices well above historical averages with a high risk of price volatility given tight stocks, a changeable policy environment and increasing weather-related production risks. China is projected to maintain its self-sufficiency in certain key food commodities while increasing its trade and integration in world agricultural markets.
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Number of pages: 
119
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Agricultural Outlook 2015-2024

Date of Editorial Board meeting: 
Publication date: 
Wednesday, July 1, 2015
Abstract in English: 
The Agricultural Outlook 2015-2024, is a collaborative effort of the OECD and the FAO of the United Nations. It brings together the commodity, policy and country expertise of both organisations and input from collaborating member countries to provide an annual assessment of prospects for the coming decade of national, regional and global agricultural commodity markets.
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Number of pages: 
148
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