Reforming China’s monetary policy framework to meet domestic objectives

As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant control over money market interest rates.

Related Documents

• Economic Survey of China 2010

The 2008-09 crisis in Turkey: performance, policy responses and challenges for sustaining the recovery

Turkey is recovering from its most severe recession in several decades.

Related Documents

• Economic Survey of Turkey 2010

EO88 Chapter 4: Fiscal consolidation: requirements, timing, instruments and institutional arrangements

This chapter discusses the size of current consolidation requirements and the pace at which budget positions should be strengthened in the context of a set of macroeconomic projections to 2025.

Related Documents

• OECD Economic Outlook No. 86, November 2009

Are global imbalances sustainable? Shedding further light on the causes of current account reversals

Large shifts in countries’ external current account positions can be disruptive, often reflecting sudden stops in the flows of external finance and leading to exchange rate and banking crises.

Requirements for economic policy

“Simply stabilizing debt relative to GDP in most countries will require a historical consolidation effort of anywhere from 6 to 9% of GDP (...) But in fact, even more is needed to bring debt back to sustainable levels.” said OECD Secretary-General Angel Gurría.

Related Documents

• to be changed

Economic Survey of Indonesia 2010

Despite major progress over the last decade, more reforms are needed to meet Indonesia’s medium-term objectives for growth and poverty reduction. The Survey reviews the main challenges in the areas of energy subsidies, infrastructure, labour markets, education, health care and social protection.

Economic Survey of Canada 2010

The economy is recovering from an externally driven recession. Public spending growth must be restrained as planned starting in 2011 to put public finances onto a sustainable path, including in the health sector where efficiency gains and quality improvements are possible.

A Simulation Model of Federal, Provincial and Territorial Government Accounts for the Analysis of Fiscal-Consolidation Strategies in Canada

This paper presents a simulation model of the main budget aggregates of federal, provincial and territorial governments in Canada. It also contains an analysis of the cyclicality of Canadian governments’ fiscal policies between 1984 and 2007.

Related Documents

• Economic Survey of Canada 2010

Is there a case for carbon-based border tax adjustment? An applied general equilibrium analysis

Concern that unilateral greenhouse gas emission reductions could foster carbon leakage and undermine the international competitiveness of domestic industry has led to growing calls for carbon-based border-tax adjustments (BTAs).

EO87 Chapter 5: Return to work after the crisis

Special Chapter from Economic Outlook 87, May 2010

Related Documents

• OECD Economic Outlook No. 86, November 2009