Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017
OECD annual inflation picks up to 2.4% in November 2017
The Norwegian economy is performing well, despite low oil prices. Further reforms will be needed to diversify the economy, improve public spending efficiency and ensure that today’s high levels of income, well-being and equality are passed on to future generations, according to a new report from the OECD.
G20 GDP growth steady at 1.0% in third quarter of 2017
Stable growth momentum going forward in the OECD area
Weak productivity growth is a major problem afflicting most societies. It curbs growth in incomes and endangers the sustainability of social security systems. An important, but often ignored, source of the productivity slowdown is the increasing prevalence of weakly productive firms and, among them, “zombie firms” – in essence firms that would typically exit or be forced to restructure in a competitive market.
OECD annual inflation down to 2.2% in October 2017, as energy price inflation slows
OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth
OECD GDP growth slows to 0.6% in third quarter of 2017
The Swiss economy has shown considerable resilience to shocks, but economic growth remains slow, and per capita income levels still hover at levels attained before the global economic crisis. Further reforms are needed to restore productivity growth, boost incomes and ensure that today’s high living standards and levels of well-being are passed on to future generations, according to a new report from the OECD.