Economics Department

What's new

  • Zombie firms and weak productivity

    Among the factors of the productivity slowdown experienced over the past two decades is the increasing survival of firms that would typically exit in a competitive market – i.e. “zombie” firms. Reviving productivity growth will partly depend on the policies that effectively facilitate the exit or restructuring of weak firms, while simultaneously coping with any social costs that arise from a heightened churning of firms and jobs.

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  • Product market competition, regulation and inclusive growth

    Call for papers - submission deadline 31 January 2018, 1st Joint IMF-OECD-World Bank Conference on Structural Reforms, 11 June 2018, OECD Headquarters, Paris.

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  • Economic Survey of Switzerland 2017

    The Swiss economy has shown remarkable resilience in recent years in the face of the 2009 financial crisis and significant currency appreciation in 2015. But the upward momentum in the recovery has been difficult to maintain and GDP per capita has plateaued since 2008.

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 Resilience

Strengthening Economic Resilience: Insights from the Post-1970 Record of Severe Recessions and Financial Crises

Given the enduring impact of severe recessions and financial crises, it is important to take measures to minimise the risk of such events. In so doing, the benefits of higher economic stability must be weighed against potential costs. Risk-mitigating measures can involve a trade-off between growth and crisis risk, thus the most cost-effective actions must be identified.

 

 

Enhancing Economic Flexibility: What Is in It for Workers?

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.

 

BlogPost: What do pro-competitive policies IMPLY for workers?

 Global Forum on productivity logo

Global Forum on Productivity

The Global Forum on Productivity is a practical, interactive tool, seeking to dismantle the drivers of slowing productivity growth and proposing ways to improve future prospects. It features a dedicated website that provides:

  • A library section compiling productivity-related literature, sometimes even country specific
  • A selection of databases deemed central to productivity research
  • Detailed country profiles
  • Information about the latest GFP events