Structural Issues

One of the purposes of OECD is to promote policies "to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to contribute to the development of the world economy".

What's new

Delivering cost efficient public services in health care, education and housing in Chile

16-Apr-2008

The Chilean authorities plan to raise budgetary allocations over the medium term for a variety of social programmes, including education, health care and housing. This incremental spending will need to be carried out in a cost efficient manner to make sure that it yields commensurate improvements in social outcomes. Chile’s health indicators show that it fares relatively well in relation to comparator countries in the OECD area and in Latin America.

Oil Price Shocks, Rigidities and the Conduct of Monetary Policy: Some Lessons from a New Keynesian Perspective

11-Apr-2008

The strong and sustained rise in oil prices observed in recent years poses a challenge to monetary policy and its ability to simultaneously achieve low inflation and stable output. Against this background, the paper studies monetary policy in a small open economy New Keynesian DSGE model including oil as a production input and a component of final demand.

Economic Survey of Japan 2008

07-Apr-2008

Despite the longest economic expansion in its post-war history, Japan faces many challenges. Perhaps most urgent is addressing the fiscal situation through comprehensive tax reform. There is also significant scope for policies to accelerate productivity growth in the service sector, which has lagged behind manufacturing. In addition, measures to reverse the rise in labour market dualism would be beneficial for both growth and equity.

Need for policy stimulus stronger in US than in Europe, says OECD's interim assessment

20-Mar-2008

Inflation in US and Europe is at uncomfortable levels as economies slow, the OECD says in its latest interim assessment. But in contrast to the US, the near-term outlook for the euro area does not point to the need for policy stimulus.

OECD-IMF Conference on Structural Reform in Europe

on 17-Mar-2008

What reforms are needed to boost jobs and productivity in Europe and how can they be implemented?  Presentations tackling these and other questions discussed at a joint OECD-IMF conference on 17 March 2008 are now available. They include keynote speeches by OECD Secretary-General Angel Gurría and IMF Managing Director Dominique Strauss-Kahn.

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