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?

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

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

Strengthening institutions to improve the prosperity of all Mexicans

By Sonia Araujo and Lisa Meehan, Mexico Desk, OECD Economics Department Why are some countries wealthier than others? There is increasing recognition that the economic success of nations depends on well-functioning institutions (see, for example, Acemoglu and Robinson, 2012). Institutions provide a framework that shape economic incentives, thus influencing decisions in a multitude of areas, … More Strengthening institutions to improve the prosperity of all Mexicans

Le temps de travail en France : comment expliquer sa faiblesse relative ?

par Antoine Goujard, Bureau France, Département économique de l’OCDE Le temps de travail en France : comment expliquer sa faiblesse relative ? Les débats sur le temps de travail font rage et les statistiques diffèrent d’une étude à l’autre. Ce blog clarifie les statistiques sur le temps de travail sous trois angles : le nombre d’heures travaillées, bien … More Le temps de travail en France : comment expliquer sa faiblesse relative ?

Latvia: Working towards stronger and more inclusive growth

by Naomitsu Yashiro, Latvia Desk, OECD Economics Department Latvia is a dynamic economy that joined the OECD in 2016. It has enjoyed strong economic performance in recent years and its macroeconomic policy is sound. Nevertheless, Latvia’s per capita GDP is still only about a half of the average level of high income OECD countries (Figure … More Latvia: Working towards stronger and more inclusive growth

La fragilité de l’économie mondiale exige de toute urgence un effort de coopération

Par Laurence Boone, Cheffe économiste de l’OCDE Il y a un an, l’OCDE avait alerté sur le fait que les incertitudes entourant les échanges mondiaux et l’action publique pouvaient être très préjudiciables à l’économie mondiale et contribuer à creuser un peu plus encore la fracture entre les citoyens. Un an plus tard, la dynamique économique … More La fragilité de l’économie mondiale exige de toute urgence un effort de coopération

A renewed strategy to boost growth and well-being in Mexico

by Sonia Araujo and Lisa Meehan, Mexico Desk, OECD Economics Department The Mexican economy has benefited from strong fundamentals. A strong macroeconomic policy framework has underpinned moderate growth, in the face of a number of shocks the economy has experienced in the recent past. Monetary policy has successfully tamed inflation and prudent fiscal policy has … More A renewed strategy to boost growth and well-being in Mexico

Boosting growth in France and making reforms beneficial to all

by Antoine Goujard and Pierre Guérin, France Desk, OECD Economics Department The French economy is slowing, but less than its neighbours. The French authorities have engaged a significant reform agenda that should be complemented with particular care for inequality issues. Income per capita growth has lagged the euro area average (Figure 1). The 2019 OECD … More Boosting growth in France and making reforms beneficial to all

Stimuler la croissance en France et s’assurer que les réformes profitent à tous

par Antoine Goujard et Pierre Guérin, Bureau de la France, Département Économique de l’OCDE L’économie française ralentit, mais moins que ses voisins. La France a lancé un programme de réformes significatif, auquel elle doit associer un soin particulier aux inégalités. En effet, le revenu par habitant a progressé moins vite que dans la moyenne de … More Stimuler la croissance en France et s’assurer que les réformes profitent à tous