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Cameron Bagrie: Economist on the OECD's report indicating an 'economic hangover'

Cameron Bagrie: Economist on the OECD's report indicating an 'economic hangover'

Early Edition with Ryan Bridge · Newstalk ZB

May 6, 20244m 0s

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Show Notes

The OECD is pointing to an economic hangover in our economy in its biennial report. 

It's advising the Government to gradually get the books back into surplus, with economic growth still sluggish and productivity waning. 

The OECD also supports cutting government spending but warns of unintended consequences from doing so. 

Independent economist Cameron Bagrie told Mike Hosking that there was one issue in the report for the Government to be especially aware of. 

He says it's expected poor education outcomes will take a bit of an economic hit to our productivity over the coming years. 

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Topics

oecdoecd reportcameron bagrieeconomisteconomyeconomic hangoverproductivityeconomic growth