OECD


american-dream

Selectiveness Amongst Companies And The Salary Differential

In the US and other parts of the world a phenomenon has occurred which partly explains the differences in income: the different levels of success which different companies have. But it seems that companies were more uniform in the past. The salary differential happened within a company and could be translated into expectations of promotion or a better job like in the age of the “American dream”.


Spain's recovery

Why Is Spain’s Recovery Not Reaching Wage Earners?

International organisations and the leading research departments are revising their growth forecasts upwards for the Spanish economy for this year and 2018. But at the same time, they note that Spain’s recovery is not reaching most wage earners.


Brexit_VintageTC

The UK Four Months On From Brexit: “The Worst Is Yet To Come”

It’s not even four months since the UK referendum on remaining in the European Union, resulting in the successful vote for what is known as Brexit. The questions on which Great Britain wants to base its exit negotations from March 2017 are being able to maintain all the advantages of an EU member, like the freedom of movement of goods and capital, while still controlling its own borders.


stocks-exchange

Does The Stock Market Reflect Macro Economy Or Vice Versa?

Francisco López |The OECD has once again downgraded its outlook for global growth, especially for the Eurozone. It will only grow 1.4% this year, almost half a percentage point less than the previous forecast in November. But is the downwards revision the result of the sharp drop in share prices, or is it the stock market which is in fact anticipating that growth will slow in the coming months?


poverty

How COP21 Will Impact on the SDGs

On November 30, the 21st Conference of Parties (COP21) started in Paris. After almost 20 years of climate talks, it is hoped that the international community will finally agree concerted action to tackle climate change. A good COP21 will mean that the Sustainable Development Goals are taken more seriously.


grecia-bonitaTC

Now comes the really hard part for Greece

One of the main reasons that Alexis Tsipras wanted to hold elections as soon as possible after agreeing the third bailout in August was that it gave him the best chance of obtaining a fresh mandate before the impact of the latest set of fiscal measures was felt by the average voter.


Grexit no

ECB sovereign bond buying already at €9.8

The Corner | March 13, 2015 | The ECB’s sovereign bond purchase programme has helped to reduce yields on Spanish bonds to record lows. Data from Italy is likely to show price falls in excess of 2%, while it will be no surprise to see further squabbling between Greece and its creditors over the weekend, particularly with yesterday’s intervention by the OECD.


Juncker and Rajoy

OECD: “There are risks of persistent stagnation over the Eurozone”

BRUSSELS | March 5, 2015 | By Alexandre MatoWhen presenting its annual report, ‘Going for growth’ in Brussels, the Paris-based institution raised some doubts about the ongoing recovery in Europe. Structural, long-term unemployment and low productivity in some Member States are becoming the main economic issues of concern, with neither investment nor fiscal adjustments seen as the antidote.


euro_depreciacion_recursoBN_TC

Inequality and growth

MADRID | By Luis Arroyo What has growth to do with growing inequality?  Until recently, we thought that inequality favoured growth, or in anycase it had a neutral impact on it. Growth was the “best supplier” to create new opportunities, through the vertical mobility of the most flexible countries. But the OECD released this report showing how inequality “significantly” curbs economic prosperity. And yet, Krugman is skeptical that the inverse correlation between inequality and growth is so obvious. According to him, strong evidence is lacking, and there are signs that part of inequality can be cured with growth.