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Composite leading indicators point to an improving economic outlook in most advanced economies
OECD annual inflation picks up to 1.5% in November 2013. This increase in the annual rate of inflation was mainly driven by energy prices which increased by 0.1% in the year to November, compared with a decrease of 1.3% in the year to October.
This paper reviews the state of the banking sector in Europe. At the aggregate level, the empirical data suggest that the Baltics, Cyprus, Greece and Ireland, in particular, are hit by a strong decline in lending in the wake of the financial crisis.
This paper presents the new OECD competition law and policies (CLP) indicators which measure the
strength and scope of competition regimes in 49 jurisdictions (OECD and non-OECD). The indicators
cover areas for which there is a broad consensus among member countries on what constitutes 'good'
practice for competition regimes.
In the wake of the financial crisis there has been renewed focus on the importance of a country’s net
external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and Spinelli (2012) to investigate the effect of external debt and its interaction with government debt on the interest-rate-growth differential.
The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum.
Irish youth was hit hard by the crisis. New labour-market policy initiatives have been introduced recently, but more will be needed to limit scarring effects and keep youth connected so that they can get back to work as soon as the recovery strengthens.
G20 GDP growth picks up to 0.9% in third quarter of 2013; up from 0.8% recorded in the previous quarter, according to preliminary estimates.
Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth.
In many OECD countries, government debt reached levels over recent years that call for reduction over the medium to longer term to ensure public finance sustainability. This paper investigates the international transmission of fiscal consolidation shocks via trade flows.