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The 2001 OECD Ministerial report The New Economy: Beyond the Hype concluded, �Indeed, the evidence suggests that something new is taking place in the structure of OECD economies.� This project is in response to the request by Ministers, at the OECD Council Ministerial in 2001, to strengthen benchmarking as part of the follow-up to the Growth Project and to strengthen the OECD�s peer reviews of structural reform. It also responds to the 2002 Council Ministerial request to monitor the implementation of the policy recommendations of the Growth Study.
The project�s objective has been to identify the critical areas of the business environment for each driver of growth and to identify effective micro-policies for each of these critical areas in order to develop a more coherent growth strategy for the micro level of the economy. While countries should specialise in areas in which they have comparative advantage, certain common structural elements should be part of their growth agenda.
The Committee on Industry and Business Environment embarked on the project, with inputs from the Committee for Scientific and Technological Policy with regard to the innovation driver, and from the Committee for Information, Computer and Communications Policy (ICCP) concerning ICT issues. The Directorate for Employment, Labour and Social Affairs and the Education Directorate provided input on performance and policies in the area of human capital. Anders Hoffmann was the principal author of the report. Important contributions were received from Günseli Baygan, Michael Freudenberg, Yukiko Fukasaku and Candice Stevens. Comments were received from across the OECD Secretariat. Drafts of the report were discussed at meetings of the main committees of the Directorate for Science, Technology and Industry and at four workshops organised jointly with member states. Grants from the Danish and Swedish governments are gratefully acknowledged.

Additional information

Authors: No author stated, OECD, Paris (FR)
Bibliographic Reference: Paris, OECD, 2005, 196 pp, free of charge
Availability: This document can be downloaded at:
Record Number: 200618411 / Last updated on: 2005-12-19
Original language: en
Available languages: en