Economics Department

What's new

  • Economic Survey of the United Kingdom 2017

    The pace of economic expansion has been steady and GDP is about 9% above the peak just before the global crisis, but the economic consequences of the planned exit from the EU in March 2019 cut growth to the lowest annualised rate in the G7 in the first half of 2017.

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  • OECD Economic Outlook and Interim Economic Outlook

    Global GDP growth is projected to increase to around 3.5% in 2017 and 3.7% in 2018 from 3% in 2016, slightly improved since the OECD’s June Economic Outlook. The upturn has become more synchronised across countries. Investment, employment and trade are expanding.

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  • Economic Survey of Estonia 2017

    After two years of relatively weak activity, GDP growth has gained momentum and is expected to exceed 4% in 2017. Progress in raising incomes towards those in more prosperous OECD economies is likely to resume, after having slowed almost to a halt.

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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