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Economic crisis provides lessons for new approaches to forecasting, says OECD

Extreme volatility during the global financial crisis complicated economic forecasting, leading to large errors that underline the need for better modelling methods and new approaches for making and presenting projections.

Policy Notes

This series makes available, to a wider readership, selected studies which the Department has prepared for use within OECD.

Composite Leading Indicators (CLIs)

Source: OECD Main Economic Indicators (updated continuously) - Composite leading indicators (CLIs) are calculated for 29 OECD countries (Iceland is not included), 6 non-member economies and 9 zone aggregates. A country CLI comprises a set of component series selected from a wide range of key short-term economic indicators mainly covered in the MEI database.

Germany: Keeping the Edge - Competitiveness for Inclusive Growth

Economic Policy Reforms: Going for Growth 2015

The Going for Growth framework has been instrumental in helping G20 countries to develop growth strategies to raise their combined gross domestic product (GDP) by 2%, one of the main policy objectives set by the G20 in 2014 to achieve sustained and balanced growth.

Joint OECD and ESRI workshop: Long-term prospects of the world economy up to 2060 and their policy implications

Over the next 50 years, the world economic landscape will be shaped, among other things, by demographic developments, continuing trade and investment integration, a shift of gravity towards emerging economies, the rising role of knowledge-based capital, global environmental pressures and the correction of fiscal and current account imbalances.

OECD Economic Survey of Hungary launches Monday 27 January 2014

The OECD’s latest Economic Survey of Hungary, to be published on Monday 27 January 2014, assesses the country’s exit from recession as well as steps that can be taken to boost its growth potential.

Mr Gurria strongly supports recently announced plans to revitalise the French economy

OECD Secretary-General Angel Gurría strongly supports President François Hollande’s recently announced measures to revitalise the French economy and set it on a path towards stronger growth.

Fairly sharing the social impact of the crisis in Greece

Poverty and income inequality have worsened since the onset of the crisis. While the design of fiscal measures has mitigated the burden sharing of fiscal adjustment, as the recession has deepened unemployment has risen, earnings have declined and social tensions have increased.

OECD appoints new directors for economic policy

The OECD has appointed a former Portuguese economy minister and a high-level German government official to top leadership posts in the Economics Department, reinforcing its commitment to identifying and promoting policies that improve countries’ long-term economic performance.