The global impact of weaker demand growth in China

by Nigel Pain and Elena Rusticelli,  Greater international integration has modified the transmission channels and the impact that external shocks have on domestic economies via increased trade openness and exposure to global financial developments. One important change, discussed in the special chapter of the latest OECD Economic Outlook, is that growth prospects in OECD economies … More The global impact of weaker demand growth in China

Brexit and Dutch Exports: Fewer glasshouses, more glass towers as agri-food shrinks and finance gains.

by Donal Smith, OECD Trade Directorate and Economics Department The Netherlands is likely to be one of the European countries that is going to be significantly affected by the United Kingdom’s planned departure from the European Union (Brexit). As an open economy with strong trade and investment links to the United Kingdom, the Netherlands is … More Brexit and Dutch Exports: Fewer glasshouses, more glass towers as agri-food shrinks and finance gains.

Insertion de la Tunisie dans les chaines de valeur mondiales et rôle des entreprises offshore

Isabelle Joumard, responsable du bureau Tunisie, Département d’Économie de l’OCDE L’ouverture de la Tunisie aux échanges internationaux a fortement progressé depuis le milieu des années 90, témoignant des avantages comparatifs du pays. Les exportations ont sensiblement augmenté, tirées par le secteur manufacturier, avec une transformation en faveur de secteurs plus intensifs en technologie et en … More Insertion de la Tunisie dans les chaines de valeur mondiales et rôle des entreprises offshore

Stronger Growth but Risks loom large

By Álvaro S. Pereira, OECD Chief Economist ad interim, Economics Department After a lengthy period of weak growth, the world economy is finally growing around 4%, the historical average of the past few decades. This is good news. And this news is even better knowing that, in part, the stronger growth of the world economy … More Stronger Growth but Risks loom large

La croissance s’affermit, mais des risques assombrissent fortement l’horizon

Álvaro S. Pereira, Chef économiste de l’OCDE par intérim, Département des affaires économiques Après une longue période de croissance atone, l’activité économique mondiale croît enfin au rythme d’environ 4 %, qui correspond à la moyenne historique des dernières décennies. C’est une bonne nouvelle, et qui apparaît encore meilleure lorsque l’on sait que ce rebond de la … More La croissance s’affermit, mais des risques assombrissent fortement l’horizon

Un Mayor crecimiento, aunque se advierten importantes riesgos

Álvaro S. Pereira, Economista Jefe interino, Departamento de Economía de la OCDE Después de un largo período de débil crecimiento, la economía mundial finalmente está creciendo alrededor del 4%, cercano al promedio histórico de las últimas décadas. Esta es una buena noticia, y es aún mejor sabiendo que, en parte, el mayor crecimiento de la economía … More Un Mayor crecimiento, aunque se advierten importantes riesgos

Boosting export performance in Chile

by Antoine Goujard, Chile Desk, Economics Department Chile’s export growth has disappointed over the past two decades. In particular, exports of goods and services – in volume – have only grown at 1.1% annually over 2009-17 and at around 2.0% for non-copper products and services, compared to 4.2% in the average Latin American country (Panels … More Boosting export performance in Chile

Getting stronger, but tensions are rising

By Álvaro Pereira, OECD Acting Chief Economist The global economic expansion is strengthening. Global growth is projected to increase from 3.7% in 2017 to around 4% in 2018 and 2019 in our latest Interim Economic Outlook. In many advanced and emerging G-20 economies, the growth prospects for the next two years have improved. Global trade … More Getting stronger, but tensions are rising

As Estonian exporters lead the way, policy needs to adapt

by Zuzana Smidova, Estonia Desk, OECD Economics Department International trade plays an important role in the Estonian economy (Figure 1). Around a half of the private sector employment is sustained by foreign demand, twice as much as the OECD average. By another measure, over 40% of the value added created in the economy is linked … More As Estonian exporters lead the way, policy needs to adapt

Make trade work for all

By Catherine L. Mann, OECD Chief Economist and Head of Economics Department The special chapter of the June 2017 Economic Outlook calls for action to diagnose and respond to structural trends, focussing on globalisation.  International trade has been a powerful engine of global economic growth and convergence in living standards between countries. Despite these benefits, … More Make trade work for all