Housing-related policies matter for economic resilience

By Boris Cournède, Sahra Sakha and Volker Ziemann Policies that shape the housing market, such as rules concerning mortgage lending, homebuilding and rental regulation as well as taxation, can have a considerable impact on economic crisis risks and the capacity to recover from a crisis. The reason is that housing market developments strongly influence the … More Housing-related policies matter for economic resilience

Stronger productivity growth would put Malaysia on a path to become a high-income economy

By Hidekatsu Asada and Patrick Lenain, South-East Asia Desk, OECD Economics Department Malaysia is enjoying remarkable economic growth. Real GDP grew at an average rate of 6.1% per year over 1970 to 2018 period, and short-term prospects are for growth to reach almost 5% in 2019-20, despite a difficult international environment. Thanks to pragmatic policies, … More Stronger productivity growth would put Malaysia on a path to become a high-income economy

Offering better labour-market opportunities to all Malaysian women: a win-win strategy

by Marieke Vandeweyer, OECD Directorate for Employment, Labour and Social Affairs The Malaysian labour market is facing substantial skills imbalances, including shortages in a range of occupations and skills. To tackle these imbalances, the 2019 OECD Economic Survey of Malaysia features a special focus on skills development and on how better labour-market opportunities could be … More Offering better labour-market opportunities to all Malaysian women: a win-win strategy

Are there ways to protect economies against potential future housing busts?

by Boris Cournède, Maria Chiara Cavalleri, Volker Ziemann, OECD Housing, a large and volatile sector, is often at the centre of economic crises, as a trigger or amplifier. The current situation, which is characterised by house prices approaching or exceeding pre-crisis levels in many countries, raises questions as to whether these price levels may be … More Are there ways to protect economies against potential future housing busts?

Des réformes doivent être engagées maintenant pour s’adapter aux évolutions du monde

par Laurence Boone, Cheffe économiste de l’OCDE  Des réformes doivent être engagées maintenant pour s’adapter aux évolutions du monde La mondialisation, la transition numérique, le vieillissement démographique et la dégradation de l’environnement sont autant de mégatendances qui déterminent ce que seront, demain, les niveaux de vie et le bien-être. Or, en l’absence d’une reprise de … More Des réformes doivent être engagées maintenant pour s’adapter aux évolutions du monde

The time for reform is now to respond to global challenges

by Laurence Boone, OECD Chief Economist Globalisation, digitalisation, ageing and environmental degradation are the megatrends shaping tomorrow’s living standards and well-being. The prospects look weak in the absence of renewed reform dynamism. The global economy is facing further headwinds, with growth weakening in the wake of high trade uncertainty. At the same time, gains in … More The time for reform is now to respond to global challenges

Making access to housing more affordable to all in Luxembourg

by Jan Strasky, Luxembourg Desk, OECD Economics Department Luxembourg’s economy has been buoyant – robust growth has strongly outpaced the euro area average over most of the past decade. However, this success creates new problems, in particular in the housing market, which the 2019 Economic Survey of Luxembourg [link] analyses in detail. Strong population growth, … More Making access to housing more affordable to all in Luxembourg

Better policies for better lives, the Kiwi way

by Carrie Exton, OECD Statistics and Data Directorate Looking across the OECD’s well-being indicators, the average New Zealander has several reasons to feel cheerful: high employment, good air quality, and strong social support to name just a few. Yet, like every OECD country, there are still opportunities to improve. New Zealanders experience relatively low household … More Better policies for better lives, the Kiwi way

Delivering greater well-being in New Zealand: policy steps to increase housing affordability

by Andrew Barker, New Zealand Desk, OECD Economics Department Over the past two decades, New Zealand has experienced one of the largest house price increases among OECD countries, pushing up housing expenditure as a share of income to very high levels. Affordability for first-time buyers and renters has suffered, particularly in Auckland. This is a … More Delivering greater well-being in New Zealand: policy steps to increase housing affordability

Fortalecer las instituciones para mejorar la prosperidad de los mexicanos

Por Sonia Araujo y Lisa Meehan, sección para México, Departamiento de Economía de la OCDE ¿Por qué algunos países son más ricos que otros? Es cada vez más reconocida la importancia de las instituciones fuertes y eficaces para el éxito económico de las naciones (ver, por ejemplo, Acemoglu y Robinson, 2012). Las instituciones proporcionan un … More Fortalecer las instituciones para mejorar la prosperidad de los mexicanos