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Recent shocks are an opportunity to undertake the structural policy reforms needed to improve medium and long term economic outcomes

From oecd.org

The after-effects of the COVID-19 pandemic and the impacts of Russia’s war of aggression against Ukraine are an opportunity for governments to undertake the structural policy reforms necessary for strong and sustainable growth and more competitive, innovative and resilient economies in the medium and long term, according to the OECD’s Going for Growth 2023. Unprecedented policy responses to recent shocks have helped protect lives and livelihoods during this turmoil, but long-term and long-standing challenges remain to be addressed. Weak productivity growth and declining business dynamism remain prevalent in many OECD ... (full story)

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  • Category: Fundamental Analysis