The world economy is enjoying a synchronised recovery. But it will prove unsustainable if investment does not pick up, especially in high-income economies. Debt mountains also threaten the recovery’s sustainability, as the OECD, the Paris-based group of mostly rich nations, argues in its latest Economic Outlook. This report is the swansong of Catherine Mann, who […]
The Irish economy’s dependence on foreign multinationals is without parallel in the developed world. Foreign-owned companies account for a larger proportion of jobs – in both services and manufacturing – than in any other country in the 34-member OECD. Of the €177 billion earned from exports last year, 90 per cent was generated by non-Irish […]
China will overtake the US in the next four years to become the largest economy in the world, says a leading international thinktank. The Paris-based Organisation for Economic Co-operation and Development (OECD) said China’s economy will be larger than the combined economies of the eurozone countries by the end of this year, and will overtake the […]
looking beyond borders 