by Laurence Boone, OECD Chief Economist For the past two years, global growth outcomes and prospects have steadily deteriorated, amidst persistent policy uncertainty and weak trade and investment flows. We now estimate global GDP growth to have been 2.9% this year and project it to remain around 3% for 2020-21, down from the 3.5% rate … More Policy changes to turn the tide
By Stéphane Sorbe, Peter Gal, Giuseppe Nicoletti and Christina Timiliotis Digital innovations are everywhere, in our pockets, cars and homes. However, while digital technologies seem to offer great potential to enhance firm productivity, productivity growth has slowed sharply in most OECD countries over the past two decades (Figure 1). One explanation to this puzzle is … More Are digital technologies the new Holy Grail ?
by Laurence Boone, OECD Chief Economist For some, the financial crisis was an eye-opener exposing the inequalities in life chances between those with the right skills and those without, between those born and educated in the right places and those who were not. But for many others the growing gap in well-being has been a … More Making trade and digitalisation work for all