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Given the enduring impact of severe recessions and financial crises, it is important to take measures to minimise the risk of such events. In so doing, the benefits of higher economic stability must be weighed against potential costs. Risk-mitigating measures can involve a trade-off between growth and crisis risk, thus the most cost-effective actions must be identified.
Growth momentum picking-up in several advanced economies and strengthening in major emerging economies
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This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs).
Malaysia’s success in alleviating poverty has been achieved despite the absence of an integrated and comprehensive social protection system.
This report examines the key design and implementation features that need to be considered to ensure that biodiversity offset programmes are environmentally effective, economically efficient, and distributionally equitable. Biodiversity offsets are being increasingly used in a wide range of sectors as a mechanism to help compensate for the adverse effects caused by development projects in a variety of ecosystems. In this report, insights and lessons learned are drawn from more than 40 case studies from around the world, with an additional 3 in-depth country case studies from the United States, Germany and Mexico.
OECD annual inflation picks up to 1.4% in October 2016, driven by energy prices
In the United States, the most watched indicator of productivity (nonfarm business productivity growth) decelerated about ¾ percentage point from 2009 to 2014 relative to the preceding 5-year period.
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Do flexibility-enhancing reforms imply more employment instability? Using individual-level data from harmonised household surveys for 26 advanced countries, this paper analyses the effects of product and labour market reforms on transitions in and out of employment.
English, PDF, 996kb
Knowing who gains and loses from regulatory reform is important for understanding the political economy of reform. Using micro-level data from 26 countries, this paper studies how regulatory reform of network industries, a policy priority in many advanced economies, influences the labour market situation of workers in network industries.
English, PDF, 473kb
This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.