As the world’s leading intergovernmental forum on economic policy, the OECD has a central role to play in creating a new economic narrative. OECD Secretary-General Angel Gurría therefore invited a high-level group of experts to contribute their proposals on what needs to change in economic policy and policymaking. This report summarises their conclusions.

New economic thinking and acting through a systemic approach could outline policy alternatives to tackle the global-scale systemic challenges of financial, economic, social and environmental emergencies, and help steer our recovery out of the current crisis. A systemic recovery requires an economic approach that balances several factors – markets and states, efficiency and resilience, growth and sustainability, national and global stability, short-term emergency measures and long-term structural change.

This handbook provides a unique, systematic and comprehensive overview from leading experts in the field of the policy-making tools deployed at all the phases of the policy process. It covers the fundamentals of both new and established policy tools – from regulation and public enterprises to subsidies and information campaigns, as well as new tools, such as social impact investing, nudges, crowdsourcing, co-production and new digital governance and data analysis techniques. The book consists of nine sections with five corresponding to the major research emphases of studies on policy tools across the stages of the policy cycle (agenda-setting, formulation, decision-making, implementation and evaluation). These are accompanied by overviews of key research and concepts, a discussion of how different kinds of tools can be usefully combined in simple or complex policy portfolios or mixes, and a concluding section on future research directions. Consolidating the state of knowledge and uniting classic foundational material with recent advancements in theory and practice in one location, the handbook is a defining volume in this field. The Routledge Handbook of Policy Tools is essential reading and an authoritative reference for scholars, students, researchers and practitioners of public policy, public administration, and public management, as well as those interested in comparative politics and government, public organizations and the use of policy tools and instruments in individual policy areas from climate change to public health.

This book examines economic policies utilized within Southeast Europe in response to the COVID-19 pandemic. Covering countries both within and outside the European Union, the human and economic cost of the pandemic is calculated using macroeconomic models from a short and longer term perspective. The economic policies used during the pandemic are analyzed, alongside crisis management approaches, to highlight the effectiveness of monetary policy, fiscal policies and potential future economic solutions for the post COVID-19 period. This book aims to provide policy recommendations based on findings from Southeast Europe. It is relevant to researchers and policymakers involved in economic policy and the political economy, as well as anyone interested in the responses to the COVID-19 pandemic.

Cultivating a Sustainable Mindset in Finance explores the behavioural challenges and opportunities to cultivate a sustainable mindset amongst financial professionals that could accelerate capital allocation to combat climate change. It draws on real life examples of institutional investors. While many investors recognize the growing need to incorporate climate change into investment decisions, it is not a straightforward task, and there are a multitude of challenges that investors face that slow down the speed and scale of action required to adapt investment processes. Some of these barriers have been widely debated and often cited, such as lack of consistent signals from government policy-makers, the need to upscale new technology advances, a lack of suitable investable opportunities or lack of data, models, or suitable metrics. However, there are additional challenges that relate specifically to investor behaviour itself, that are often overlooked. Through real-life case studies and survey evidence, this book explores the psychological underpinnings of investment decisions, including the dominant mindset of financial professionals, the prevalence of cognitive biases, cultural drivers, and personal relationships (both at the individual level and inside and outside organizations), and sets out a pathway to cultivate a sustainable mindset to accelerate capital allocation with the urgency that is needed to combat climate change. It is of interest to researchers and students in finance and investment; to investment firms; and to any organization looking to make sense of sustainability financing.

This book examines the practices of contesting evidence in democratically constituted knowledge societies. It provides a multifaceted view of the processes and conditions of evidence criticism and how they determine the dynamics of de- and re-stabilization of evidence. Evidence is an essential resource for establishing claims of validity, resolving conflicts, and legitimizing decisions. In recent times, however, evidence is being contested with increasing frequency. Such contestations vary in form and severity – from questioning the interpretation of data or the methodological soundness of studies to accusations of evidence fabrication. The contributors to this volume explore which actors, for what reasons and to what effect, question evidence in fields such as the biological, environmental and health sciences. In addition to actors inside academia, they examine the roles of various other players, including citizen scientists, counter-experts, journalists, patients, consumers and activists. The contributors tackle questions of how disagreements are framed and how they are used to promote vested interests. By drawing on methodological and theoretical approaches from a wide range of fields, this book provides a much-needed perspective on how evidence criticism influences the development and state of knowledge societies and their political condition. Evidence Contestation will appeal to scholars and advanced students working in philosophy of science, epistemology, bioethics, science and technology studies, the history of science and technology and science communication.

Today’s context of sustainability and its challenges have shifted dramatically in the post-COVID-19 era. Economic development, social development, and environmental protection are vital concerns for sustainability and sustainable development, especially as a result of the COVID-19 pandemic and the COVID-19 crisis. It is essential to address the necessary issues and opportunities in order to be able to understand the importance of sustainability and sustainable development. The Handbook of Research on SDGs for Economic Development, Social Development, and Environmental Protection provides an updated view of the newest trends, novel practices, and latest tendencies concerning the manner of supporting and ensuring sustainability and the challenges of the post-COVID-19 era, while focusing on economic development, social development, and environmental protection. It also discusses the ways in which global nations are expected to realize successful partnerships in order to support sustainability and sustainable development while targeting sensible issues. Covering topics such as organizational green culture implications, global economy, and urban energy efficiency, this major reference work is an essential resource for scientists, economists, students and educators of higher education, sociologists, environmental scientists, executives, managers, government officials, entrepreneurs, researchers, and academicians.

The debate on connections between economic activity and socio-environmental impact has become increasingly relevant. As a result, ethical finance is emerging from its niche. However, the terms "ethical finance" and "sustainable finance" are often confused and overlapping, and the risk of greenwashing is high. Many authors suggest the need of a paradigm shift because the present economic system is no longer able to maintain a safe environment. Tim Jackson explicitly argues about the need of a future of "prosperity without growth". From the experiences of ethical finance, we can identify some interesting tools to achieve that goal. This book explains how ethical finance works and which innovations it has engendered in financial and economic systems; clarifies the links between finance and ethics, going beyond Environmental, Social and Governance (ESG) investing, and offers an approach, which is vital for most financial sectors, from microcredit to impact investing; investigates the goals, constraints, and opportunities of environmental and social considerations in finance and explores the more innovative experiences in banking and investing. It helps readers understand the phenomena in depth, distinguishing the strategic, managerial, organizational, and risk practices of ethical finance. The authors adopt a holistic but critical approach, both with respect to the practices exercised by financial intermediaries, and with reference to new regulatory aspects. The book identifies the key issues and current challenges of ethical finance, both for financial operators and regulators. Several concrete international cases offer empirical comparisons of practices, and as such it will be an invaluable reference for academics and researchers who wish to deepen their knowledge of ethical finance.

Towards Sustainable Well-Being examines existing efforts and emerging possibilities to improve upon gross domestic product as the dominant indicator of economic and social performance. Contributions from leading international and Canadian researchers in the field of beyond-GDP measurement offer a rich range of perspectives on alternative ways to measure well-being and sustainability, along with lessons from around the world on how to bring those metrics into the policy process. Key topics include the policy and political impacts of major beyond-GDP measurement initiatives; the most promising possibilities and policy applications for beyond-GDP measurement; key barriers to introducing beyond-GDP metrics; and complementary measures to ensure new measurements are not merely calculated but taken into account in policymaking. The book highlights a distinction between a reformist beyond-GDP vision, which seeks to improve policymaking and quality of life within existing political and economic institutions, and a transformative vision aiming for more fundamental change including a move beyond economic growth. Illustrating the many advances that have occurred in Canada and internationally, Towards Sustainable Well-Being proposes next steps for both the reformist and transformative visions, as well as possible common ground between them in the pursuit of sustainable well-being.

This edition of the OECD Secretary-General's Report to Ministers outlines the main achievements of the OECD in 2019. It describes the OECD’s work on economics, employment, education, health, inequalities, the environment, tax and many other fields in the context of a rapidly changing world. It includes the activities of the Secretary-General and his office, as well as those of OECD directorates, agencies, special entities and advisory committees.