OECD Home › Economy › By Date
The 11 March earthquake is the country's worst disaster of the post-war period and addressing reconstruction needs must be a priority. Policy must then be directed to sustaining growth through; correcting the fiscal situation, addressing labour market dualism and reforming education.
"The OECD has absolute confidence in Japan’s capacity to overcome the Great East Japan Earthquake, building on its unique stock of human capital, financial wealth, technology and discipline.", said Angel Gurría for the launch of the OECD’s Economic Survey of Japan in Tokyo.
Cutting the public deficit through a stricter budgeting framework and improving the housing market with taxation and funding reforms are among the recommendations in the OECD’s latest Economic Survey of France.
Composite leading indicators (CLIs) for February 2011, designed to anticipate turning points in economic activity relative to trend, continue pointing to expansion in most OECD countries.
The capacity of fiscal and monetary policies to further support the recovery is pretty much exhausted, so a new emphasis on implementing structural reforms is the only way to boost growth and job creation, said OECD Secretary-General during the presentation of Going for Growth 2011 in Budapest.
To inform the current policy debate in Chile and present an economic assessment with concrete recommendations and policy options, this report provides a detailed analysis of the overall Chilean economic situation.
The single most important challenge China is facing is that of the shift from export-led growth to an economic and growth model driven by domestic consumption and a better quality of life for its citizens, according to OECD Secretary-General Angel Gurría.
Economic growth will be subdued this year and next in the United Kingdom, but the government must continue its difficult fiscal consolidation and structural reform programmes to return the economy to a sustainable path, according to the OECD Secretary-General presenting this report in London.
Updated continuously. GDP in billions of US$, in volume and at current prices and purchasing power parities. Source: OECD Annual National Accounts Database .
The growing burden of healthcare expenditure on public budgets is hardly a recent phenomenon. For 15 years before the onset of the financial crisis, health spending per capita had been going up by over 4% per year in real terms across the OECD area-much faster than growth in real incomes. Nearly all OECD countries will soon have nearuniversal healthcare coverage-an historic achievement. But health now accounts for over 9% of GDP on