OECD

In this Working Paper, we analyze the effect of government size on social welfare and GDP per capita growth for the sample of 36 OECD countries in the last six decades.

This Working Paper analyzes the trends in income, employment and other economic aggregates in OECD countries from 1960 to 2022, showing the enormous heterogeneity that exists in this group in terms of growth over the last six decades.

Although GDP per capita is a good aggregate indicator of market activities (with some limitations due to digital disruption), a broader range of indicators than those traditionally used, such as GDP, is required to measure welfare and the progress of societies.

I'm sure that you all know the story of the emperor who was told by a group of con artists that they would dress him in a suit that was invisible to stupid people. The trick took a long time to be revealed because the emperor, like many of his subjects, was reluctant to admit his own shortcomings despite the evidence.

During the last few years, Colombia has successfully complied with an arduous process of evaluation, reforms and adjustments to global best practices in order to join the OECD (Organization for Economic Cooperation and Development).

Pensions are again at the heart of an intense debate. Adjustment for inflation and the repeal of the 2011 and 2013 reforms are among the demands that are putting the sustainability of the system, and consequently the sufficiency of future pensions, at risk.