Publications & Documents


  • 27-April-2011

    English

    Adjusting towards a sustainable growth path

    The recession has highlighted the need for structural reforms to help the New Zealand economy adjust towards a more sustainable growth path. This survey discusses policies to reduce external vulnerabilities, rebalance housing markets, improve product market regulation and foster green growth.

  • 26-April-2011

    English

    Policy frameworks in the post-crisis environment

    The financial crisis revealed flaws in pre-crisis policy frameworks.

  • 25-April-2011

    English

    OECD and Russia: working together for a stronger world economy

    Angel Gurría declared that "building on the trust we have established over the years, Russia is advancing on the accession track to become a member of the OECD. The accession process can be seen as a joint initiative to support Russia’s objective of modernising its economy."

  • 21-April-2011

    English

    Labour markets and the economy

    Nearly two years after production began to recover from the worst recession to have hit OECD countries since the 1930s, the labour market situation remains a major preoccupation.

  • 21-April-2011

    English

    Japan will bounce back quickly from the Great East Earthquake

    "The OECD has absolute confidence in Japan’s capacity to overcome the Great East Japan Earthquake, building on its unique stock of human capital, financial wealth, technology and discipline.", said Angel Gurría for the launch of the OECD’s Economic Survey of Japan in Tokyo.

  • 20-April-2011

    English, , 602kb

    Persistence of high unemployment: what risks? what policies?, Economics Department Policy Note No. 5

    Aggregate demand policies have a role to play in supporting the economic recovery and stimulate jobs. Enhancing vocational training is desirable, even if beefing-up such programmes may be difficult in countries facing large budget deficits or with limited training infrastructure.

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  • 15-April-2011

    English

    What drives inflation in the major OECD economies?

    This paper presents an empirical analysis of the determinants of inflation in the United States, Japan, the euro area and the United Kingdom, focusing on the role of resource utilisation, inflation expectations, inflation persistence and imported inflation.

  • 15-April-2011

    English

    Mitigation potential of removing fossil fuel subsidies: a general equilibrium assessment

    Quoting a joint analysis made by the OECD and the IEA, G20 Leaders committed in September 2009 to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption”.

  • 15-April-2011

    English

    Global imbalances, exchange rate pegs and capital flows: a closer look

    This paper presents a stylised model in which either a savings glut or an exchange rate peg in emerging economies drives down the level of interest rates in advanced economies and, when it hits the zero-rate bound, produces a welfare loss.

  • 15-April-2011

    English

    Interest rate pass-through during the global financial crisis: the case of Sweden

    Interest rate pass-through during the global financial crisis: the case of SwedenA stable relationship between monetary policy rates and bank lending and deposit rates faced by consumers and companies is essential for the effective transmission of monetary policy decisions.

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