Higher oil prices and the prospect of higher borrowing costs are likely to reduce the productive potential of OECD economies. The present study provides illustrative numerical estimates of the impact under different scenarios using a stylised model based on a production function.
The global crisis exposed weaknesses in the Hungarian financial system that pose risks to financial stability, as discussed in this working paper.
Monetary policy and inflation prospects are broadly sound in Israel, but significant challenges remain for fiscal policy in reducing public debt, as discussed in this working paper.
William White, Chair, OECD Economic and Development Review Committee on tackling imbalances and avoiding another crisis.
The deep scars of the crisis can be relieved through appropriate policy action, particularly in competition, jobs, taxes and financial services. This would bolster long-term growth too.
Bayesian Model Averaging techniques are used to analyse how robustly it is possible to identify factors that may lead to the bursting of asset price bubbles in OECD economies.
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OECD's recommendations on how to decide on appropriate policy in the face of an economic disturbance.
English, , 586kb
Special Chapter from Economic Outlook 87, May 2010
Speaking at a conference in Berlin, Angel Gurría says that a new architecture of financial reform together with sustainable fiscal consolidation strategies, structural reforms and efforts to explore new sources of growth will be essential to build a stronger, cleaner and fairer world economy.
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如今，中国成为全球第二大经济体，它的需求对于拉动诸多国家的复苏而言发挥着举足轻重的作用。本文借鉴了OECD 几个星期前刚刚发布的中国经济全面评估报告，希望对中国发展高层论坛2010 年会“中国和世界经济：增长·调整·合作”有所贡献。中国的经济增长在不断刷新历史记 录，本文不仅着重探讨了这种增长表现得最为突出的特点，而且指出了中国希望维持快速增长时应该解决的问题。