Economic Survey of Iceland 2009

Iceland’s main banks, which had pursued risky expansion strategies, failed in the wake of the global financial crisis, plunging the economy into a deep recession. Prudential supervision needs to be improved.

Policy Brief: Economic Survey of Iceland, 2009

Against the backdrop of the global financial turmoil and recession, Iceland has been struck by a banking crisis of unprecedented proportions and the economy has plunged into a deep recession. The plight of the banking system was in part the consequence of the sudden shutdown of global capital markets. But Icelandic banks’ aggressive expansion strategies in an atmosphere of ineffective supervision rendered them highly vulnerable. Faced

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The Challenge of Restoring French Competitiveness

This working paper suggests that restoring competitiveness will require strengthening France's growth potential and to address the main long term determinants of that potential, such as fostering R&D, promoting innovation, reducing the tax burden, boosting competition and so on.

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Estudio Económico de México, 2009

A pesar de contar con fundamentales más sólidos, México no ha escapado a la recesión económica mundial. La contracción de la industria manufacturera internacional y el colapso de la actividad comercial, de manera notable en Estados Unidos, han deprimido el sector real. La reducida disponibilidad de créditos ha comenzado a afectar la actividad económica, aun cuando el sector financiero ha sorteado, hasta ahora, la crisis mundial. Los

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Improving the functioning of the Slovenian labour market

Labour market outcomes have improved markedly in the past years as the beneficial effects of the economic upswing were reinforced by important structural reforms.

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Economic Survey of Greece 2009: Enhancing fiscal viability

The high public debt and a large pension burden heighten the urgency to improve the efficiency of the public sector to enhance fiscal viability and restore room for manoeuvre for stabilization policy.

Economic Survey of Greece 2009

What are the economic challenges Greece faces? What could be the impact of the global crisis? What should fiscal policy do? What are the reform priorities in the public sector? How to improve public health care services? How to enhance education performance?

Economic Survey of Greece 2009: Weathering the international crisis

High public debt leaves virtually no room for fiscal manoeuvre to limit the impact of the crisis in Greece. The close trade and banking links established with the Balkan countries might be a risk in the near future.

Economic Survey of Greece 2009: Improving the performance of the health care system

The health care system is seen as not working well by the population. One source of dissatisfaction is the high share of private spending on health. Public health care services need also improvement.