William White, Chair, OECD Economic and Development Review Committee on tackling imbalances and avoiding another crisis.
The deep scars of the crisis can be relieved through appropriate policy action, particularly in competition, jobs, taxes and financial services. This would bolster long-term growth too.
The transition paths from plan to market have varied markedly across countries.
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Special Chapter from Economic Outlook 87, May 2010
This paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural unemployment through hysteresis effects that occur through the rise in long-term unemployment.
This paper presents in summary form the findings that emerge from a study of 20 structural reform episodes in 10 OECD countries.
In 2008, the Czech government implemented a major overhaul of the personal income tax (PIT), replacing the previous progressive rate schedule with a single 15% rate levied on an enlarged base.
This paper takes stock of recent labour market developments, highlights some of the key uncertainties, and discusses the policy options available to damp any further, structural deterioration in labour markets and facilitate an eventual, sustained, job-rich recovery.
This paper uses the OECD’s Going for Growth framework, as well as other available evidence linking policies to economic performance, to identify key structural policy challenges in the BIICS for the years ahead.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.