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OECD-2015-The-future-of-productivity-book

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-booklished on die responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the

official views of the Organisation or of the governments of its member countries.This document and any map included herein are without prejudice to t OECD-2015-The-future-of-productivity-book

he status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city o

OECD-2015-The-future-of-productivity-book

r areaThe statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OE

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-bookaw.g OECD 2015__________________________________________________________________________________________You can copy, download or print OECD content f

or your own use. and you can include excerpts from OECD publications, databases and multimedia products in your own documents, presentations, blogs, w OECD-2015-The-future-of-productivity-book

ebsites and teaching materials, provided that suitable acknowledgment of OECD as source and copyright owner is given. All requests for public or comme

OECD-2015-The-future-of-productivity-book

rcial use and translation rights should be submitted to righrs@oecd.org. Requests for permission to photocopy portions of this material for public or

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-bookt de copie (CFC) at contact@cfcopies.coni.2THE FUTURE OF PRODUCTIVITY - PRELIMINARY VERSION e OECO 2015FOREWORDFOREWORDProductivity is the ultimate en

gine of grow th in the global economy. Raising productivity is therefore a fundamental challenge for countries going forward. I his new OECD report on OECD-2015-The-future-of-productivity-book

rhe h'uiure of ProtlucihUy shows that we arc HOI running out of ideas. In fact, the grow th of the globally most productive firms has remained robust

OECD-2015-The-future-of-productivity-book

in the 21st century'. However, the gap between those global leaders and the rest has increased over lime, and especially so in the services sector. T

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-bookine, both within and across countries. At the same time, there is much scope to boost productivity and reduce inequality simply by more effectively al

locating human talent to jobs.Over the coming decades, there will be several challenges to global growth, in spite of the continued rise of emerging e OECD-2015-The-future-of-productivity-book

conomies, Global growth will be affected by population ageing, and a levelling out in education attainments in OECD economies and in labour force part

OECD-2015-The-future-of-productivity-book

icipation. More than ever, productivity will be rhe main driver of future growth and prosperity. Higher productivity growth is also essential to accom

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-bookew era of efficiency that drastically shrinks our footprint on the environment. Reviving the diffusion machine will also promote inclusive growth. The

rise in wage inequality' largely reflects the increasing dispersion in average wages paid across firms. Raising the productivity of laggard linns, vi OECD-2015-The-future-of-productivity-book

a better diffusion, could contain increases in wage inequality.The list of structural obstacles to diffusion is long. However, this report shows that

OECD-2015-The-future-of-productivity-book

four factors are key to more effective diffusion. First, global connections need to be extended, via trade. FDI, participation in GVCs and the interna

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-bookhird, economies need to make the most of scarce resources by enabling labour, capital and skills (0 flow (0 the most productive firms. Fourth, we need

investment in innovation, including R&D. skills and organisational know-how to enable our economies to absorb, adapt and reap the full benefits of ne OECD-2015-The-future-of-productivity-book

w technologies. Investment in education and skills is particularly important to ensure that workers have the capacity to learn new skills, to make the

OECD-2015-The-future-of-productivity-book

most of digitisation and to adapt to changing technologies and working conditions. Skills and productivity arc the real sources of strong, inclusive

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-booknts on policies for advancing frontier innovation and promoting productivity diffusion to ensure inclusive growth. We have been al the forefront of pr

oductivity measurement. This report marks the start of a renewed and concerted effort across the OECD to pul productivity al the heart of our work on OECD-2015-The-future-of-productivity-book

strong, inclusive and sustainable growth.Angel GurriaOECD Secretary GeneralTHE FUTURE OF PRODUCTIVITY - PRELIMINARY VERSION ©OECD 20153ACKNOWLEDGEMENT

OECD-2015-The-future-of-productivity-book

SACKNOWLEDGEMENTSCorresponding authors are: Miige Adalet McGowan* (Muge.AdaletMcGowan@oecd.org). Dan Andrews' (Dan.Andrews@oecd.org). Chiara Criscuolo

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

OECD-2015-The-future-of-productivity-bookgues, notably Peter Gal and Alessandro Saia, as well as Silvia Albrizio, Flavio Calvino. Carlo Menon and Mariagrazia Squiccianni. It also draws on the

work of external experts. Eric Bartelsnian and Stuart Graham.The authors would like to thank Nick Johnstone. Christian Kastrop. Catherine L. Maim. Di OECD-2015-The-future-of-productivity-book

rk Pilat. Jean-Luc Schneider, and Andrew Wyckoff for their valuable comments. The authors would also like to thank Kate Brooks, Catherine Chapuis and

OECD-2015-The-future-of-productivity-book

Sarah Michelson for providing statistical and editorial support.OECD Economics Department* OECD Science. Technology and Innovation Directorate4THE FUT

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

®/>OECDBETTER POLICIES FOR BETTER LIVESTHE FUTURE OF PRODUCTIVITYTHE FUTURE OF PRODUCTIVITY@»OECDBETTER POLICIES FOR BETTER LIVEST1ŨS document is publ

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