In OECD countries, some mechanisms cannot be maintained in the long term: A correction is inevitable
We look at four current mechanisms in OECD countries that are un sustainable and cannot continue into the long term: The skewing of income distribution to the detriment of wage earners; The non-indexation of wages and pensions to prices; Rising debt ratios; The skewing between asset prices and goods and services prices. A correction is therefore inevitable . This points to faster wage growth, a re - indexation of wages and pensions to prices and a stabilisation of debt ratios and asset prices in the future .
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Natixis
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.