OECD: Reform of labour law and tax key to recovery
Structural changes “provide the main available policy lever to speed up the global recovery” after the recession left a “permanent scar” of lost growth, OECD chief economist Pier Carlo Padoan wrote in a report.
The OECD said this week an economic recovery among the world’s most-advanced economies is gathering strength. In the US and Italy, growth may accelerate from the first quarter, while Germany, Canada, France and Britain may see a slowdown, it forecast.
