Report: benefits of deregulation in Poland may be minor
OECD’s latest analysis shows that business dynamism has been declining for two decades in developed economies, with fewer new firms, less job mobility and weaker productivity growth. Although the organization argues that rising regulatory burdens contribute to this trend and calls for a major regulatory reset, its own data show the effects are modest—regulation explains only a small fraction of the slowdown. Other forces, including aging populations, lower risk appetite and increasingly complex technologies that are harder for new firms to replicate, appear more influential.
The findings suggest that while deregulation may help, the roots of sluggish productivity and innovation are broader and harder to pinpoint than popular economic narratives imply.
(pb.pl)