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Mexico has embarked on a bold package of structural reforms that will help it to break away from three decades of slow growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure and the tax...
Persistent link: https://www.econbiz.de/10011392836
Over the past decade, France has substantially eased the burden of anti-competitive regulations and effectively enforced competition law against anti-competitive practices. Various sectors have been opened up more widely to competition, and the powers of the Competition Authority have been...
Persistent link: https://www.econbiz.de/10011399704
Raising productivity requires addressing a wide range of policies that affect resource allocation, the creation and diffusion of technology, human capital and the creation and financing of start-ups. The greatest gains can be achieved in the service sector and in SMEs, where productivity has...
Persistent link: https://www.econbiz.de/10011577914
Productivity growth has slowed across most OECD economies since the mid-2000s. While important aspects of New Zealand’s economic performance have improved over this period, productivity growth is still comparatively low. This continues a long-run trend of poor productivity in New Zealand,...
Persistent link: https://www.econbiz.de/10011853625
The Irish economy has experienced a decline in productivity growth over the past decade. This has mostly reflected the poor performance of local firms, with the large productivity gap between foreign-owned and local enterprises having widened. Given the mobility of foreign-owned firms, achieving...
Persistent link: https://www.econbiz.de/10011914268
Making SMEs and start-ups a driver of growth and job creation requires a number of policies to improve the performance of SMEs, whose labour productivity in the manufacturing sector has fallen to less than a third of that in large companies. The large-scale support for SMEs should shift from...
Persistent link: https://www.econbiz.de/10011914660
The rapid growth after independence stopped in 2008 as the global crisis exposed important structural weaknesses. Large state involvement and rigid labour and product markets lowered productivity. Weak corporate governance and easy credit before the crisis led to high indebtedness and...
Persistent link: https://www.econbiz.de/10011399555
Never in the past 30 years has productivity growth been lower than since the 2008 global financial crisis, and never has income inequality been higher than it is today in Japan, and in the OECD area. The two challenges have some common origins, including a widening productivity and wage gap...
Persistent link: https://www.econbiz.de/10011732717
Un environnement économique favorable est crucial pour stimuler la productivité en Belgique et l’inclusivité, et est le principal moteur de la prospérité économique à long terme. Ce document analyse l’impact de l’environnement économique sur la performance de productivité. La...
Persistent link: https://www.econbiz.de/10011823672
Insufficient diffusion of new technologies has been quoted as one possible reason for weak productivity performance over the past two decades (Andrews et al., 2016). This paper uses a novel data set of digital technology usage covering 25 industries in 25 European countries over the 2010-16...
Persistent link: https://www.econbiz.de/10011914205