Over growth?

“Sluggish growth, widening inequality, environmental precariousness, and market volatility–is a sobering reminder of the myriad challenges facing policymakers”, yes, definitely! And yes, of course, it is the OECD’s role to “help design policy packages to improve performance” by promoting “new data, new research, new mindsets”.

The OECD needs to very urgently ask how the functioning of markets can be improved so that inequalities at global level and within countries are reduced, that the natural environment is managed in more sustainable ways, and that quality of life for all is enhanced.

Karlheinz Knickel, commenting on oecdinsights.org, “Policy coherence from new data, new research, new mindsets”, January 2016    

©OECD Observer No 305, Q1 2016




Economic data

GDP growth: -9.8% Q2/Q1 2020 2020
Consumer price inflation: 1.3% Sep 2020 annual
Trade (G20): -17.7% exp, -16.7% imp, Q2/Q1 2020
Unemployment: 7.3% Sep 2020
Last update: 10 Nov 2020

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