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7711. Assessing Environmental Policies

Publication Date:
03-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Are policies to protect the environment giving value for money – and how can we know? Recognising that policy decisions should be based on a comparison of costs and benefits, a number of OECD governments have introduced legal provisions requiring a cost-benefit analysis (CBA) of new environmental regulations or measures.
Topic:
International Relations, Economics, Environment, and Government

7712. Creating Value from Intellectual Assets

Publication Date:
03-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Intellectual assets have become strategic factors for value creation by firms. The expansion of the services sector, globalisation, deregulation, and the emergence of new information technologies have brought to the fore the issue of how knowledge is created, disseminated, retained and used to obtain economic returns. This has led to a structural change, from traditional scale-based manufacturing, which mainly relies on tangible assets, to new innovation-oriented activities which rely largely on research and development, patents, software, human resources and new organisational structures – collectively referred to as intellectual assets.
Topic:
Development, Economics, Education, and Globalization

7713. The OECD and Parliamentarians

Publication Date:
02-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Parliamentarians are at the heart of democratic systems. They pass laws and hold government purse strings. Because of their important role in national policy-making, it is only natural that the Organisation for Economic Co-operation and Development (OECD) co-operate with parliamentarians when formulating its policy advice. So keeping parliamentarians informed of its activities and getting their feedback is a high priority for the Organisation.
Topic:
International Relations, Development, Economics, and Government

7714. Economic Survey of Sweden, 2007

Publication Date:
02-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Sweden enjoys excellent macroeconomic performance with high rates of growth, low unemployment and stable inflation expectations. Early steps in regulatory reform, taken in the 1990s, are paying off in terms of productivity and GDP growth. However, tensions are visible at the margin. Employment rates have not recovered to traditionally high levels since the crisis of the early 1990s. Joblessness is widespread among immigrants and youngsters, and disability and sickness rates are comparatively high. As well, renewed regulatory reform is needed, inter alia to address the low rate of enterprise formation and enterprise growth that may weaken the economy's ability to venture into new business fields.
Topic:
Development, Economics, and Markets
Political Geography:
Europe and Sweden

7715. Improving Recycling Markets

Publication Date:
02-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Societies produce ever-growing quantities of solid waste, from packaging to abandoned televisions and cars. Disposing of this waste, often by burying it in landfills or burning it, produces significant soil contamination, as well as air and water pollution. It is particularly important to manage hazardous solid waste safely and efficiently.
Topic:
Development, Economics, International Trade and Finance, and Markets

7716. The Political Economy of Environmentally Related Taxes

Publication Date:
02-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Preserving the environment is high on the agenda for both governments and society. Governments in OECD countries are using a variety of instruments to change environmentally harmful behaviour, and taxes have proved a useful string to their bow. Using taxes to achieve an environmental objective, such as reducing emissions of a particular pollutant, is efficient from an economic point of view and offers flexibility to adapt for those affected. Direct regulation of polluting activities, for example by setting legal limits on the emission level of certain pollutants, forces immediate compliance regardless of the comparative cost for different businesses and individuals, and can be more difficult and costly for some than for others. Environmental taxes leave more flexibility for those affected, because they can essentially “buy time” to make changes which will mean they do not have to pay the tax in the future. Thus, a tax on polluting activities or products allows those who can cut emissions cheaply to do so first, while allowing those with higher pollution control costs to pay the tax while taking time to make technological adjustments. This means that the economy as a whole will meet the same environmental objective more cheaply than by using direct regulation. While using taxes to achieve environmental objectives is clearly efficient for the economy as a whole, however, in practice individual businesses or sectors may resist because they will be “losers” in the equation. Governments need to address such concerns about the negative impacts of environmental taxes on sectoral competitiveness and on income distribution if environmentally related taxes are to be a useful tool. This Policy Brief looks at the political economy of environmental taxes and how governments can use them in conjunction with other policy instruments to achieve their environmental objectives.
Topic:
Civil Society, Environment, Government, and Political Economy

7717. Economic Survey of Norway, 2007

Publication Date:
01-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The economy is experiencing a favourable period of robust growth, low unemployment and moderate underlying inflation. This largely reflects the effects of globalisation, of which Norway has been a prime beneficiary, supplying energy and other commodities at high prices and increasingly importing products from low-cost countries. Sizeable labour migration inflows, together with sustained productivity growth, have kept cost inflation at a moderate pace. A tradition of foreign trade openness, domestic competition, a good policy framework and sound macroeconomic management have meant that Norway was well prepared to take advantage of these international trends.
Topic:
Development, Economics, and Markets
Political Geography:
Europe and Norway

7718. Cutting Red Tape: National Strategies

Publication Date:
01-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Cutting red tape is a priority on the political agenda. Businesses and citizens complain that they spend much time and devote significant resources to activities such as filling out forms, applying for permits and licences, reporting business information, notifying changes, etc.
Topic:
Economics, Government, International Trade and Finance, and Markets

7719. Economic Survey of Spain, 2007

Publication Date:
01-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Spain's economy has managed a remarkable performance in terms of growth, employment and public finances over more than a decade. A combination of expansionary monetary conditions, fiscal prudence, beneficial structural reforms and the positive supply-side effects of the strong rise in immigration has contributed to these outcomes. But these favourable developments are tempered by deterioration in several areas: the still high inflation differential has harmed competitiveness, and the resulting low real interest rates entail excessive domestic demand, which has been supported, jointly with employment growth and immigration, by ongoing rapid increases in household indebtedness and house prices. Despite some improvement, growth has therefore remained unbalanced as manifest in the large external deficit. Looking ahead, productivity gains are still modest, risking a substantial weakening in output and per capita income growth in the coming years.
Topic:
Development, Economics, and Migration
Political Geography:
Europe and Spain

7720. Competition and Barriers to Entry

Publication Date:
01-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Before a firm can compete in a market, it has to be able to enter it. Many markets have at least some impediments that make it more difficult for a firm to enter a market. A debate over how to define the term “barriers to entry” began decades ago, however, and it has yet to be won. Some scholars have argued, for example, that an obstacle is not an entry barrier if incumbent firms faced it when they entered the market. Others contend that an entry barrier is anything that hinders entry and has the effect of reducing or limiting competition. A number of other definitions have been proposed, but none of them has emerged as a clear favourite. Because the debate remains unsettled but the various definitions continue to be used as analytical tools, the possibility of confusion – and therefore of flawed competition policy – has lingered for many years.
Topic:
Development, Economics, International Trade and Finance, and Markets