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

Making access to housing more affordable to all in Luxembourg

by Jan Strasky, Luxembourg Desk, OECD Economics Department Luxembourg’s economy has been buoyant – robust growth has strongly outpaced the euro area average over most of the past decade. However, this success creates new problems, in particular in the housing market, which the 2019 Economic Survey of Luxembourg [link] analyses in detail. Strong population growth, … More Making access to housing more affordable to all in Luxembourg

Better policies for better lives, the Kiwi way

by Carrie Exton, OECD Statistics and Data Directorate Looking across the OECD’s well-being indicators, the average New Zealander has several reasons to feel cheerful: high employment, good air quality, and strong social support to name just a few. Yet, like every OECD country, there are still opportunities to improve. New Zealanders experience relatively low household … More Better policies for better lives, the Kiwi way

Delivering greater well-being in New Zealand: policy steps to increase housing affordability

by Andrew Barker, New Zealand Desk, OECD Economics Department Over the past two decades, New Zealand has experienced one of the largest house price increases among OECD countries, pushing up housing expenditure as a share of income to very high levels. Affordability for first-time buyers and renters has suffered, particularly in Auckland. This is a … More Delivering greater well-being in New Zealand: policy steps to increase housing affordability

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 ?

Competition in the digital age

Laurence Boone, OECD Chief Economist, Chiara Criscuolo, OECD Science and Technology Directorate, and James Mancini, OECD Directorate for Financial and Enterprise Affairs Digital technologies have the potential to bring huge benefits in terms of productivity, jobs and ultimately living standards. At the same time, consumers will gain access to new, innovative, and cheaper products. However, … More Competition in the digital age

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

América Latina: las perspectivas económicas repuntan levemente pero se requieren reformas para impulsar la productividad y disminuir desigualdades

Alvaro S. Pereira (Director) y mesas de países latinoamericanos, Departamento de Economía, Directorado de estudios de países, OCDE Hace un año, la OCDE advirtió sobre el riesgo que las incertidumbres comerciales y políticas dañen de manera significativa la economía mundial y contribuyan aún más a la creciente división entre la gente. Un año después, el … More América Latina: las perspectivas económicas repuntan levemente pero se requieren reformas para impulsar la productividad y disminuir desigualdades