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Global current account imbalances widened markedly in the years preceding the global economic crisis.
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.
The extent of competition in product markets is an important determinant of economic growth in both developed and developing countries.
This paper provides a broad overview of policy goals and instruments and commonly used performance and policy indicators related to land transport.
In the 2000s, Turkey has enjoyed rapid catching–up. This was possible despite the adverse business environment, as the semi–formal and informal economy had a significant contribution to the expansion of the private sector.
In his remarks to "Making Reform Happen", Angel Gurría said that "well-designed and well-implemented reforms yield a triple dividend. They lift output and employment; they strengthen public budgets and they rebalance global demand."
Indonesia’s infrastructure is in poor shape, having suffered from protracted under-investment since the Asian financial crisis of the late 1990s, and constraints growth potential.
In this paper the recently updated product market regulation (PMR) indicators are extended beyond OECD member countries - including accession and enhanced engagement countries.
How can governments reap the potential benefits of public-private partnerships (PPPs) in the provision of infrastructure?
Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream.