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Can Korea’s semiconductor super-cycle help build an intergenerational fiscal contract?

Reading Time: 3 minutes

Korea’s new semiconductor-fuelled age of plenty provides a window of opportunity to strengthen fiscal institutions and share fiscal burdens fairly between generations.

by Jon Pareliussen, OECD Economics Department

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How large should central bank balance sheets be?

Reading Time: 5 minutes

Since the global financial crisis, the size of central bank balance sheets has varied widely, both over time and across countries. Balance sheet size has major implications in many domains, including the operation of the payments system, the transmission of monetary policy and the cost of public debt.

by Masatoshi Ando and Álvaro Pina, OECD Economics Department

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Norway: Maintaining the edge

Reading Time: 2 minutes

Norway remains highly prosperous and egalitarian, but modest growth and sovereign wealth fund risks underscore a need for fiscal and structural reform.

By Hansjörg Blöchliger, OECD Economics Department

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The Hormuz supply shock – beyond energy

Reading Time: 4 minutes

The Middle East conflict has disrupted more than just energy exports. With the flow of goods through the Strait of Hormuz slowing to a mere trickle, the world’s supply chains, from fertilisers to chemicals, have been under strain, pushing up prices and weighing on global growth.

by Christine Arriola, Seung-Hee Koh, Catherine MacLeod, OECD Economics Department

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How exposed is the global economy to Persian Gulf energy supply?

Reading Time: 4 minutes

Current tensions in the Middle East have renewed concerns about global energy security and its impact on the global economy. OECD analysis shows that dependence on Persian Gulf energy extends far beyond direct oil imports, creating vulnerabilities that could weigh on inflation, growth and supply chains if the disruptions persist.

by Christine Arriola, Seung-Hee Koh, Catherine MacLeod, OECD Economics Department

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América Latina frente a un nuevo shock global: mayor resiliencia, pero menos márgenes de política

Reading Time: 4 minutes

América Latina muestra resiliencia ante un nuevo shock global, pero enfrenta menor crecimiento y menos margen de política en un entorno externo más incierto.

por el equipo de América Latina del Departamento de Economía de la OCDE

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Sotto pressione

Reading Time: 4 minutes

Editoriale tratto dalle Prospettive economiche dell’OCSE del giugno 2026, redatto da Stefano Scarpetta, Capo economista dell’OCSE e vice responsabile per le questioni finanziarie del G20 e del G7.

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Sous pression

Reading Time: 4 minutes

Éditorial tiré des Perspectives économiques de l’OCDE de juin 2026, rédigé par Stefano Scarpetta, Chef économiste de l’OCDE, Chef du département des affaires économiques, et Adjoint aux finances du G20/G7

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Unter Druck

Reading Time: 3 minutes

Leitartikel aus dem OECD-Wirtschaftsausblick vom Juni 2026, verfasst von Stefano Scarpetta, Chefökonom der OECD, Leiter der OECD-Wirtschaftsabteilung und stellvertretender Leiter der G20/G7-Finanzgruppe

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Bajo presión

Reading Time: 4 minutes

Editorial de las Perspectivas Económicas de la OCDE de junio de 2026, escrito por Stefano Scarpetta, economista jefe de la OCDE, director del Departamento de Economía de la OCDE y responsable adjunto de Asuntos Financieros del G20 y el G7

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