Posted . Local housing markets are presently highly disparate in Canada. While in most smaller localities real estate prices are fairly stable and not out of line with the fundamentals (incomes and rents), 10 of the 15 large Census Metropolitan Areas monitored by the Canada Mortgage and Housing Corporation (CMHC) show signs of overvaluation, and seven show moderate or strong evidence of overbuilding. More...
Bringing money into the digital age
By Nicolas Cary. Mankind created software and technologies reducing every distance, border, and difficulty, pulling the world instantly closer together. But what about finance? Wall Street and financial services have not fundamentally changed in the past fifty years. More...
Capitalism Corrupts the Inclusive Market Mechanism
By Rolf Alter. The Brexit debate in the United Kingdom shows that archaic drivers of our societies can emerge again, even in the cradle of democracy. The opponents in this fight are not the UK vs Brussels, but the disenfranchised vs the elite. And even this only represents the outcome of false premises and their validating concepts. More...
Regions will drive the success of the Sustainable Development Goals
By Rolf Alter. The ratification of the Sustainable Development Goals (SDGs) at the UN General Assembly in September 2015, composed of 17 goals and 169 targets, set a global agenda for achieving environmental sustainability, social inclusion and economic development by 2030. More...
Did the OECD Composite Leading Indicators see it coming?
By Roberto Astolfi. At the OECD, we use a number of techniques to determine what the data are telling us is happening now and what might happen in the future. More...
Tackling the productivity paradox: The OECD Global Forum on Productivity
By Catherine L. Mann. The nexus of slowing productivity growth and rising inequality is capturing the attention of policymakers and researchers. The productivity slowdown, its causes, and the link with inclusiveness will be discussed on 7-8 July in Lisbon at the first Annual Conference of the new Global Forum on Productivity, which was created by the OECD in collaboration with a number of Member and non-Member countries. More...
Of taxis and smart phones: balancing innovation and regulation
By Sharon Masterson. While the car was a revolutionary innovation, it was not immediately disruptive. Early cars were expensive luxury items, so the market for horses and carts remained intact until the Ford Model T created a mass market by making the new technology affordable, thanks to more efficient production methods. More...
Statistical insights: Job strain affects four out of ten European workers
By OECD Statistics Directorate. More than four out of ten workers in European OECD countries held jobs where the quality of the working environment resulted in job strain in 2015, with male, low-educated, and younger workers disproportionately affected and significant differences across countries. Nearly two-thirds of workers in Greece and over half in Spain, for example, worked in ‘strained’ jobs in 2015. More...
A bright digital future for all: global cooperation to make the best of the digital economy
Ministers, the business community, civil society, labour and the Internet technical community will gather in Cancún, Mexico on 21-23 June for an OECD Ministerial Meeting on the Digital Economy: Innovation, Growth and Social Prosperity. Today’s post is by Andrus Ansip, Vice-President of the European Commission, leading the Project Team Digital Single Market. More...
Can numeracy and literacy fill the health gaps of Europe?
By Helmut Brand. Europe is undergoing a period of profound demographic change. Populations are ageing, fertility patterns are changing, modern living has impacted our habits, and consequently, there is an increasing prevalence of people living with one or more chronic disease. More...