Browsing: Structural Reforms

Macro View
Is Productivity in Decline?

In the years since the global financial crisis many economies have face slower expansions in some key components of potential output growth, and following that, lower potential growth has emerging as a new reality for the global economy. In advanced economies it has been driven…

Macro View
Turkey Labour Market: Virtue or Slavery ?

Demonstrations staging protests in an attempt to mold public opinion about bad working conditions are often-seen events in Turkey. The OECD stats literally support them. The chart above clarifies that Turkish people extremely work hard in relative to other OECD countries and beat others with…