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
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
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
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
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
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?
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
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
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
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 ?