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Investment Insights publishes original research and analysis on current international investment issues. Articles are published under the responsibility of the authors and do not necessarily reflect the views of the OECD or those of its member governments.
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In a sample of 128 countries, we identify 25 episodes of large nominal and real appreciations shocks and study their macroeconomic effects in a dummy-augmented panel autoregressive model. Results show that an exchange rate appreciation can have strong effects on current account balances.
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The G20 helped steer the world through the worst of the economic storm; now it must show it can set in motion a new governance for the post-crisis world. That's a task our organisation stands ready to help with, says the OECD's G20 Sherpa, Gabriela Ramos.
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Presentation of key policy lessons
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Taking Context as a Starting Point
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The Haiti earthquake humanitarian response has generated a sizeable evaluative effort, not unlike that following the Indian Ocean tsunami of December 2004.