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20-Apr-2009
Following EU accession Estonia experienced a loan financed boom. The boom was characterised by overinvestment in the real estate and construction sectors fuelled by strong growth in housing loans, particularly those with variable interest and denominated in foreign currency. Now these sectors are facing a downturn, which has already affected overall economic activity. Since the two sectors are closely linked, problems in one may spill over to the other.
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20-Apr-2009
The current crisis has highlighted many corporate governance failures. As part of its strategic response, the OECD sought the contribution of stakeholders as it starts work on a set of recommendations that will address weaknesses in corporate governance that are related to the financial crisis.
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20-Feb-2009
The OECD invites public comments on a draft OECD “Policy Handbook on Natural Hazard Awareness and Disaster Risk Reduction” from stakeholders in OECD and non-OECD countries. This handbook is aimed at providing policy guidance in the field of natural hazard awareness and disaster risk reduction education.
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06-Feb-2009
This announcement provides initial information on upcoming changes to the structure and content of the monthly Main Economic Indicators (MEI) paper publication. These changes will appear from the May 2009 publication and be fully implemented before the end of the year.
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06-Jan-2009
The OECD will release Financial Market Trends No. 95 on the OECD's password-protected website at 11.00 a.m. Paris time (10.00 a.m. GMT) on Thursday 8 January 2009 for immediate release (in English only).
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05-Dec-2008
The OECD is inviting public comments on the draft OECD `Good Practices on Financial Education and Awareness Relating to Credit’ from stakeholders with expertise in credit and financial education issues.
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02-Oct-2008
Speaking on the occasion of an annual report to the Parliamentary Assembly of the Council of Europe on the outlook for the world economy, OECD Secretary-General Angel Gurría spoke about the impact of the financial crisis and OECD's work to produce a more inclusive globalisation.
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23-Sep-2008
OECD Secretary-General Angel Gurría welcomes and supports the systemic rescue plan for financial markets announced by the US Government, which he says will contribute to stabilizing the U.S. and world economies.
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