While there has been very limited enforcement of competition law in labour markets so far, competition law can play a role in addressing some of the issues deriving from increased concentration of market power in the hands of employers. More...
Informality and weak competition – a deadly cocktail for growth and equity in emerging Latin America
Why is growth persistently low and so unevenly distributed in emerging Latin America compared to emerging Asia despite a huge potential? Potential growth is ranging around 2-3% in the region. More...
The G20’s Enhanced Structural Reform Agenda: Real progress but not good enough
The global economy is fragile. In the OECD’s November Economic Outlook global growth is projected to have slowed to 2.9% in 2019 and barely reach 3% in 2020. Persistent trade conflicts and high uncertainties are undermining confidence, trade and investment. More...
América Latina: bajo crecimiento y rodeado de incertidumbre
Las economías de América Latina enfrentan el desafío de no solo fortalecer su crecimiento económico, sino también mejorar su desempeño en términos de distribución de la riqueza y lucha contra la pobreza. Lamentablemente, estos esfuerzos deben realizarse ante un trasfondo económico de ralentización global y caída del comercio internacional. Como lo señala el Economic Outlook el crecimiento del PIB mundial será del 2,9% este año y se mantendrá cerca de 3% para 2020-21. More...
Cambios en las políticas para cambiar el rumbo
En los dos últimos años, los resultados y perspectivas del crecimiento mundial se han deteriorado constantemente, en medio de la persistente incertidumbre política y de la debilidad del comercio y la inversión. Estimamos que el crecimiento del PIB mundial ha sido del 2,9% este año y proyectamos que se mantendrá cerca de 3% para 2020-21, por debajo de la tasa del 3,5% proyectada hace un año y la más débil desde la crisis financiera global. More...
Policy changes to turn the tide
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 projected a year ago and the weakest since the global financial crisis. More...
Ensuring the continuing success of the Austrian economy in the face of the ageing challenge
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 Germany, Finland and Denmark. More...
What’s beyond 65? Why Switzerland should step up retirement preparations
The statutory retirement age in Switzerland (for men) has been age 65 since 1948 and it is currently 64 for women. Sixty-five appears to be very powerful: almost two-thirds of 60-64 year-olds are in the labour force but this plummets to less than one-quarter of 65-69 year-olds. More...
Hacia una Colombia más próspera e inclusiva
Sin embargo, persisten los desafíos para mantener la performance y promover la convergencia hacia niveles de vida más altos. Los motores tradicionales del crecimiento, en gran medida las industrias extractivas intensivas en capital y los términos de intercambio favorables, han mostrado sus límites. El crecimiento potencial ha descendido debido a la escasa productividad. More...
Towards a more prosperous and inclusive Colombia
Colombia has made good economic and social progress over the last decades. Sound macroeconomic policies, favourable demographics and external conditions underpinned resilient economic growth. More...