Has deregulation increased investment in infrastructure? Firm-level evidence from OECD countries

This paper investigates the role played by deregulation on firms’ investment decisions in infrastructure sectors.

Can India achieve double-digit growth?

In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries.

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• Economic Survey of India 2011

How institutions shape the distributive impact of macroeconomic shocks: a DSGE analysis

This paper examines how the the distributive impact of macroeconomic shocks is shaped by selected institutions. It uses a dynamic stochastic general equilibrium (DSGE) framework with heterogeneous agents and an endogenous collateral constraint.

The sharing of macroeconomic risk: who loses (and gains) from macroeconomic shocks

This paper addresses the often neglected question of how macroeconomic risk is shared across and within economies, and identifies reforms that could contribute towards achieving more desirable risk-sharing outcomes.

How efficient are banks in Hungary?

Apparent characteristics of the Hungarian banking market such as large profits and high margins suggest weak competitive pressures. Weak competition in turn, may reduce efficiency in a lack of pressures to converge to marginal cost and to stimulate managerial efforts to reduce X-inefficiency.

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• Economic Survey of Hungary 2010

The Impact of Structural Reforms on Current Account Imbalances, Economics Department Policy Note No. 3

Global current account imbalances widened markedly in the years preceding the global economic crisis.

Macroeconomic impact of Basel III

The estimated medium-term impact of Basel III implementation on GDP growth is in the range of -0.05 to -0.15 percentage point per annum.

Economic Assessment of Colombia 2010

Closing the income gap with the OECD and enhancing distribution of growth requires reforms in many fronts. Better functioning labour and product markets and investment in skills and infrastructure would boost productivity, while well-designed social and education policies can reduce inequalities

Product market regulation and competition in China

The extent of competition in product markets is an important determinant of economic growth in both developed and developing countries.

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• Economic Survey of China 2010

The land transport sector: Policy and performance

This paper provides a broad overview of policy goals and instruments and commonly used performance and policy indicators related to land transport.