Report
Patrick Artus

The hidden weakness of OECD economies

In OECD countries, we see that: Despite the increase in spending on corporate R&D, innovation and modernisation; Despite increasingly expansionary fiscal and monetary policies; growth continues to slow. This shows the hidden structural weakness of OECD countries’ economies, which can have many causes: The perception of uncertainty and excessive debt, which curb consumption and investment; The proliferation of companies with dominant positions, which slows investment; The skewing of income distribution against wage earners, which curbs consumption; The excessive rise in housing prices, which curbs demand for housing; The excessively high required return on equity, which weakens investment.
Provider
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.

 

Analysts
Patrick Artus

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