Ensuring the continuing success of the Austrian economy in the face of the ageing challenge

by Dennis Dlugosch and Rauf Gönenç, Austria Desk, OECD Economics Department Austria is a highly successful OECD economy. It has combined strong economic growth and social cohesion across all its regions over the past two decades. GDP per capita is now the 6th highest in the EU and the 11th highest in OECD, slightly above … More Ensuring the continuing success of the Austrian economy in the face of the ageing challenge

Hacia una Colombia más próspera e inclusiva

Paula Garda y Alberto Gonzalez Pandiella, Departamento de Economía de la OCDE Colombia ha hecho un buen progreso económico y social en las últimas décadas. La aplicación de políticas macroeconómicas sólidas, junto con una demografía y unas condiciones exteriores favorables, sustentó un crecimiento económico resiliente (Gráfica). Los niveles de vida han mejorado considerablemente y la … More Hacia una Colombia más próspera e inclusiva

Growth is taking a dangerous downward turn

by Laurence Boone, OECD Chief Economist For over 18 months, since the outbreak of trade hostilities, growth has been weakening, slowly but surely. In May 2018 the OECD, along with other organisations, was predicting global growth of around 4% for 2019, whereas our current forecasts are for growth of below 3%. In the first half … More Growth is taking a dangerous downward turn

Statistical Insights: The ADIMA database on Multinational Enterprises

by Graham Pilgrim, OECD Statistics and Data Directorate Multinational Enterprises (MNEs) have been at the forefront of changes in the global economy over the last few decades, as trade and investment barriers have been removed and transportation and communication costs have declined. In a world of global value chains, understanding MNEs – where they are, … More Statistical Insights: The ADIMA database on Multinational Enterprises

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?

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