This paper shows that world demand (to which trade has become more responsive in recent decades) can explain most of the collapse in world trade, but that tight credit conditions have likely amplified the short-term trade response.
This working paper discusses what policy makers should do in order to restore balance in the Icelandic economy and lay out the foundations for a sustainable recovery.
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This paper discusses how governments can “seize the moment” of the economic crisis to suggest and implement structural reforms. It examines the particular challenges to reform – and possible solutions to those challenges.
The Economics Department organised a seminar on 24 September 2009 to bridge this gap in the policy debate by identifying potential sources of growth in Brazil, China, India, Indonesia and South Africa, as well as policy challenges for sustaining long-term growth in these countries.
Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards -- at 20 structural reform efforts in 10 OECD countries, during the past two decades. This page presents the principle messages of the study.
Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards - at 20 structural reform efforts in 10 OECD countries, during the past two decades. The case studies cover a wide variety of reform attempts in three key areas - pensions, labour-, and product-market regulation.
Greek health outcomes compare favourably with the OECD average. However, the health care system is seen as not working well by the population. These and other issues are discussed in this working paper.
Meeting of NERO, 21 September 2009
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We assess fiscal policy from the perspective of fairness between generations and the relationship between this and national saving, in the context where the United Kingdom is the lowest-saving of all the OECD economies.
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.