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Zombie firms and weak productivity growth

Geoff Riley

16th January 2017

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Are zombie firms crowding out investment and holding back productivity growth? This article from the Economist draws on a new research report from the OECD.

You can access the OECD working paper here

Zombie businesses are defined as old firms that have persistent problems meeting their interest payments but kept alive by unprecedented low interest rates and the forbearance of their major lenders.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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