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Focused on the main theme of "Resilient Economies and Inclusive Societies: Empowering people for jobs and growth", the 2014 Ministerial Council Meeting (MCM) will take place at the OECD’s Paris Headquarters on 6-7 May 2014, under the Chairmanship of Japan, with the United Kingdom and Slovenia as Vice-Chairs.
Action taken by many European countries to return their public finances to health are beginning to pay off, says the OECD. The Euro area economies which emerged from the crisis with serious current account deficits are now in surplus. Debt-to-GDP ratios are stabilising and market tensions have abated.
Low productivity growth in the EU has deep structural causes. Strengthening human capital, work incentives and competition, and better integrating the Single Market would boost inclusive growth.
Raising euro area economic performance requires cleaning up bank balance sheets, completing banking union to foster unbiased risk assessment, further structural reforms and strong fiscal policy frameworks.
This paper extends the OECD Economics Department’s suite of short-term indicator models for quarterly GDP growth, which currently cover only the G7 countries, to the BRIICS countries.
Unwinding of stocks slows OECD GDP growth to 0.5% in the fourth quarter of 2013
This paper surveys recent international developments concerning the prudential regulation of financial institutions: banks, the shadow banking system and insurance companies. It concludes that, while substantial progress has been made, the global economy nevertheless remains vulnerable to possible future financial instability.
OECD annual inflation slows to 1.4% in February 2014
The Indicators of Product Market Regulation Database is a comprehensive and internationally-comparable set of information about the state of regulation and market structures in OECD countries as well as for Brazil, China, India, Indonesia, Russia and South Africa.
This paper assesses the OECD’s projections for GDP growth and inflation during the global financial crisis and recovery, focussing on lessons that can be learned.