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11-Jul-2011
While Austria has made great efforts to improve its fiscal framework at the federal government level, work remains to be done to: i) avoid pro cyclical fiscal outcomes, in particular at lower levels of government and in the social security system, ii) improve public sector spending efficiency; and iii) improve the tax structure in order to make taxes less of a burden for economic activity.
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11-Jul-2011
Health care reform is occupying policymakers at all levels of government in Austria, encompassing the rich structure of fiscal federal relations as well as the social partners. The Austrian population has a high regard for its health care system, although in international comparison it comes across as very expensive, fragmented and lacking agreed targets.
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21-Apr-2011
The 11 March 2011 Great East Japan Earthquake was the strongest ever recorded in Japan and triggered the country’s worst disaster of the post-war era. The immediate impact will be to reduce output, although this will later be reversed by reconstruction efforts.
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18-Feb-2011
Slovenia has been deeply affected by the global crisis and is now recovering gradually along with the rest of the OECD area, but there is a crucial need to rapidly rebalance the economy and restore competitiveness.
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25-Nov-2008
The number of unemployed in OECD countries is expected to rise by about 8 million people over the next two years as the most serious recession since the early 1980s takes it toll on economic activity, according to the latest OECD Economic Outlook. Watch the press conference via the link above.
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13-Nov-2008
Economic activity is expected to fall by 0.9 percent in the US next year, by 0.5 percent in the Euro area and by 0.1 percent in Japan as OECD countries enter a protracted slowdown, according to latest projections. Watch the news conference to present GDP, inflation and unemployment forecasts for the three economies ahead of the G20 summit on the financial crisis on 15 November 2008.
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OECD forecasts a protracted economic slowdown in US, Japan and Euro area
13-Nov-2008
Economic activity is expected to fall by 0.9 percent in the US next year, by 0.5 percent in the Euro area and by 0.1 percent in Japan as OECD countries enter a protracted slowdown, according to latest projections. Watch the news conference to present GDP, inflation and unemployment forecasts for the three economies ahead of the G20 summit on the financial crisis on 15 November 2008.
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OECD to release forecasts for US, Japan, Euro area ahead of full Economic Outlook
10-Nov-2008
OECD will release its latest GDP and inflation projections for the Euro area, Japan and the United States at 11.00 a.m Paris time (10.00 GMT) on Thursday 13 November 2008. The complete Economic Outlook will be presented on 25 November 2008. Watch press conference LIVE.
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02-Sep-2008
Financial market turmoil, the bursting of the housing bubble and high commodity prices continue to weigh on global economic growth, according to OECD’s latest interim economic assessment of the G7 countries.
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