In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries.
OECD work prior to the financial crisis suggested that real prices in several housing markets had become vulnerable to a change in financial and economic conditions, with the risk of a subsequent downturn becoming increasingly possible, as proved to be the case.
This paper reviews the main monthly indicators that could help forecasting world trade and compares different type of forecasting models using these indicators.
This paper provides new empirical results linking financial and housing wealth to household consumption for the United States, Japan and the euro area.
This paper reviews key policy messages and warnings about developments in the run-up to the global financial and economic crisis that began in mid-2007.
This paper presents an empirical analysis of the determinants of inflation in the United States, Japan, the euro area and the United Kingdom, focusing on the role of resource utilisation, inflation expectations, inflation persistence and imported inflation.
As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant control over money market interest rates.
Turkey is recovering from its most severe recession in several decades.
Large shifts in countries’ external current account positions can be disruptive, often reflecting sudden stops in the flows of external finance and leading to exchange rate and banking crises.