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Policy change needed to accelerate investment in structural transformation

December 6, 2019

For the past two years, global growth outcomes and prospects have steadily deteriorated, dragged down by persistent policy uncertainty and weak trade. Investment growth has collapsed in tandem, just when it needed to speed up in response to historic challenges: digitalisation, climate change, trade relations. Urgent policy action is needed to enable the necessary investment for a successful transformation that benefits all. 
This is especially the case in Europe (European Commission 2019, Boone and Buti 2019). The OECD’s latest Economic Outlook and the 2019 Investment Report of the European Investment Bank (EIB) highlight how policies need to change to address these challenges. 
Structural factors are a drag on investment and growth
Global GDP growth is projected  to remain

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