The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

Jointly developed by the IMF, World Bank, EBRD, and the OECD, this report analyses the main elements necessary to deepen domestic bond markets in emerging and developing economies.

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.

“Why do financial institutions and investors see so little risk, while companies investing in the real economy see so much risk?” This is perhaps the most important question facing policy makers today. This paper sets out some of the possible hypotheses for lack of investment in the world economy. It uses data drawn from 10 000 global companies in 75 advanced and emerging countries.

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy interest rates bounded at zero fail to stimulate demand sufficiently, due to low or negative neutral real interest rates and low inflation, and when ensuing prolonged and subdued growth undermines potential growth via labour hysteresis and discouraged investment.

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

Since the start of the Great Recession, labour productivity growth has been weak in the United Kingdom, weaker than in many other OECD countries.

Exports - Pharmaceuticals, Vitamin, Diagnostic Product in Switzerland increased to 10314.12 CHF Million in March from 7828.12 CHF Million in February of 2020. Exports - Pharmaceuticals, Vitamin, Diagnostic Pro in Switzerland averaged 6977.56 CHF Million from 2014 until 2020, reaching an all time high of 10314.12 CHF Million in March of 2020 and a record low of 4831.40 CHF Million in December of 2014. This page includes a chart with historical data for Switzerland Exports of Pharmaceuticals, Vitamin, Diagnostic P.

Our columnist on spring glory

Omnicom/Publicis, Penguin/Random House – the cultural landscape is dominated by ever fewer, ever bigger businesses. Yet artists and audiences alike are finding benefits in shunning their embrace  

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Thomas Hirschhorn’s South Bronx installation brilliantly embodies the belief that art should be part of everyday life  

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Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new Silicon Slopes Venture Fund hopes to create. The newly formed fund, put together by Qualtrics co-founder Ryan Smith, Omniture and Domo founder Josh James and […]

Taika Waititi already reinvigorated the Thor franchise. Now he’s looking to do the same for Star Wars. Waititi is probably best-known for directing “Thor: Ragnarok” — easily the best of the Thor movies and one of the most delightful films in the Marvel Cinematic Universe. More recently, he wrote and directed the Nazi comedy “Jojo […]

Seven years ago, Sportsmail began following seven young athletes as they set out on their journeys to try to reach the 2012 Olympics and Paralympic Games in London.

The 24-year-old Olympic medallist didn't appear to be letting his slightly rounder shape get him down as he enjoyed another day of partying up a storm at Ocean Beach Ibiza on Tuesday.

Louis Smith opened his eyes. He was lying on a hotel bed in Magaluf, head pounding, stomach churning and unable to move. Months of excessive living had finally taken its toll. The most successful gymnast in British history was a broken man.

Nicky Minaj and Kaley Cuoco were just a few of the Los Angeles-based celebrities reacting on social media after a second Southern California earthquake struck in only two days.

It comes after it was revealed today that Prince Charles has the coronavirus and may have been contagious just 24 hours after last seeing the Queen.

Made In Chelsea star Heloise Agostinelli has revealed she has been diagnosed with the coronavirus.

The Edinburgh flanker missed last week's Six Nations opener with Ireland in Dublin due to a thigh strain and his recall to Gregor Townsend's team is the only change from that defeat.

ROB ROBERTSON IN ROME: Scotland head coach Gregor Townsend believes the pressure has been lifted after his side 'zeroed' Italy in an emphatic Six Nations win in the Italian capital.

EXCLUSIVE: A Scottish Women's Rugby player being treated for coronavirus spent days training near to Team GB Olympians at their base in Loughborough before she was diagnosed.

Kentucky senator mocks Obama's U.S. health care overhaul, as new poll shows 54 percent of Americans don't support the Obamacare law

Professor Tim Spector, a leading genetic epidemiologist, said the failure to class common symptoms in with the dry cough and fever has led to statisticians collecting data which is 'nonsense'.

Australian Survivor star Sharn Coombes has shared her heartbreak over her father's terminal cancer diagnosis. 

The duo - who co-parent six children together - will be coming out with a rose champagne from their winery Chateau Miraval int he south of France. They split in 2016.

Cuvee Beauty's founder and CEO, Rachel Katzman, shares three easy and on trend hairstyles to try this summer using her champagne infused product line.

The Juventus star was victorious on the international stage three years ago as Portugal beat France 1-0 after extra time. And now the 34-year-old has spoken out about the celebrations.

Alexander Nubel could spark a battle among some of Europe's top clubs for his signature after quickly establishing himself as one of the Bundesliga's top goalkeepers.

The Juventus star was victorious on the international stage three years ago as Portugal beat France 1-0 after extra time. And now the 34-year-old has spoken out about the celebrations.

A Chinese man diagnosed in Queensland with coronavirus also spent time in Melbourne, and four fellow travellers are now ill and being tested for the disease.

Speaking to Miley Cyrus on her Bright Minded livestream on Friday, the 27-year-old singer said she was grateful to find out more about her mental health and wants to gain all the knowledge she can.

Sara Mujica, 17, went to visit her fiancé Victor Cruz, 19, in Honduras earlier this year and returned home to Danbury, Connecticut on March 30, with a fever and rashes all over her body.

Public Health England released a statement following reports of three people in West Yorkshire being treated for the virus after returning from overseas. It said the risk to the general public is low.

The patient, who has not been identified, was tested as one of the 26 close contacts around the two original cases. It means there are now 16 local transmissions of Zika in Miami, Florida.

It is not yet clear whether they Palm Beach County resident contracted the infection from Palm Beach mosquitoes or from insects during a recent trip to Miami, Florida, where there is a Zika outbreak.

A man was diagnosed with the Zika virus in Texas, which is the first infection transmitted from a mosquito local to the country this year.

An Australian man has been diagnosed with the deadly Zika virus after returning from a holiday in Cuba. He was initially misdiagnosed after coming back from his holiday in central America.

Tony Stevens, from Royal Wootton Bassett, Wiltshire, and his partner Trisha Nation split up after doctors said an STI was the cause of his night sweats and weight loss.

Jersey Shore star Vinny Guadagnino has revealed his incredible weight loss in a stunning before and after post on Instagram.

The 83-year-old woman and her husband were among 145 passengers from the Westerdam cruise ship who flew to Malaysia on February 14, Malaysia's health ministry said in a statement.

A student and five parents at an elite private school in Victoria once attended by Prince Charles have tested positive for coronavirus. 

Discussing the royal's diagnosis Kate said she has no symptoms but admitted the many people who have come into contact with Charles in recent weeks 'are going to be concerned.' 

Last night the couple shared a video of them clapping our NHS heroes from separate areas of Birkhall House in the Balmoral estate on their Clarence House Instagram page.

Australian singer Natalie Imbruglia narrowly missed a brush with Prince Charles, less than two weeks before he was diagnosed with coronavirus. 

Molly-Mae Hague has self-diagnosed herself with gout.

The 57-year-old singer was making the press rounds in New York City, spotted at Buzzfeed's AM to DM show and Build Series on Thursday afternoon.

WARNING: GRAPHIC CONTENT The footage is thought to have been filmed in an oil field west of Palmyra, Syria, in 2017 as four Russian-speaking soldiers attack a Syrian national.

There has been a flurry of stockpiling across with UK with many celebs opting to stock up on food to feed their families.