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The Economics Department has carried out a number of studies on the conduct and operation of monetary policy in the context of liberalised financial markets and price stability; the role of the exchange rate in monetary policy formulation and the effects of monetary policy on the real economy.
Permanent URL: www.oecd.org/eco/money
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05-Nov-2009
The Danish economy has been hard hit during the global crisis. Substantial measures have been taken to combat its effects. Going forward, the main challenges include restoring fiscal sustainability, raising productivity growth and improving education outcomes.
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04-Nov-2009
Following the severe contraction of the economy, the main economic challenges in rebalancing the economy include raising competitiveness, restoring the financial system to health, fiscal consolidation and avoiding high long-term unemployment.
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16-Oct-2009
The ongoing financial crisis has made euro adoption more attractive than ever and put it on the top of the country’s policy agenda. However, shocks affecting Estonia are only weakly synchronized with those of the euro area, and the structure of its economy also notably differs from the euro zone.
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16-Oct-2009
The global financial and economic crisis has struck Iceland with extreme force. Iceland’s three main banks, accounting for almost all of the banking system, failed in October 2008. They were unable to resist the deterioration in global financial markets following the failure of Lehman Brothers.
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06-Oct-2009
In contrast to the once prevailing norm of secrecy and opaqueness, transparency has now become one of the main features characterising the conduct of monetary policy. Detailed analysis of eleven OECD central banks shows that communication practices have converged markedly in the direction of ever greater transparency.
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Economic Survey of Ireland 2009
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