If it’s not one thing it’s another: supply and demand factors driving rising inflation
Estimating the supply-driven and demand-driven components of inflation in OECD economies.
Mantener y reforzar los logros en Costa Rica
Intensificar los esfuerzos de reforma estructural sería la mejor manera de responder a los retos para reforzar los logros y aprovechar las nuevas oportunidades.
Maintaining and reinforcing achievements in Costa Rica
Stepping up structural reform efforts would be the best way to respond to challenges to reinforce achievements and seize new opportunities.
Population ageing and government revenue: It is not all bad news
Population ageing should increase government revenue, but not enough to outweigh the higher public spending. Cutting spending and raising taxes would be needed to keep debt stable.
Energy expenditures have surged, posing challenges for policymakers
Energy expenditures in OECD economies increased rapidly in 2022, raising the risk of widespread recessions among advanced economies.
Navigating the headwinds to sustainable growth: strategies for Greece
By Tim Bulman and Timo Leidecke, OECD Economics Department Greece has rebounded from the COVID crisis. The tourists enjoying the… Read More »Navigating the headwinds to sustainable growth: strategies for Greece
Laying the foundations for strong, sustainable growth in Finland
After a large drop in the first half of 2020, Finland regained its pre-COVID-19 GDP level by mid-2021. Policies to support incomes during and after the pandemic contributed to the powerful economic rebound. However, Russia’s war of aggression against Ukraine has boosted inflation, slashing household spending power and consumer confidence.
Different paths to net-zero: Assessing the effectiveness of diverse climate mitigation approaches
Achieving Paris Agreement goals demands a step change in the assessment and comparison of mitigation polices to bolster trust and international policy coordination.
Securing the health of Ireland’s future
In recent decades, Ireland made impressive strides in developing its economy and raising living standards. However, structural reforms remain key to prepare for Ireland’s future fiscal pressures due to rising ageing costs, and the need to ensure adequate supply of affordable housing and enable a sustainable green transition.
Quantitative tightening: another driver of higher interest rates?
Quantitative tightening is likely to raise long-term interest rates, but the size of the impact is uncertain.