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Japanese banks largely avoided the direct impact from the global financial crisis thanks to their limited exposure to foreign toxic assets, the regulatory framework in Japan and the small role of securitisation.
This paper considers major forces behind the evolution of the oil price, using a simple model of supply and demand elasticities as a benchmark, highlights implications for inflation and economic activity and draws some conclusions for macroeconomic policy.
OECD at the UN Climate Change conference in Copenhagen "COP15"The impact of climate change is defining our lives, economies, and security.
Prices for many goods and services in Belgium are higher than in other countries, reflecting generally weak competitive pressures.
At the OECD-India Symposium, M. Gurría explained that the recovery in India should continue to gain momentum and growth exceed 6% in the current fiscal year. In 2010, growth should rise above 7%, which is amongst the fastest projected growth rates globally.
Pier Carlo Padoan has been appointed Chief Economist of the OECD. Mr. Padoan will maintain his status of Deputy Secretary-General which he has held since joining the OECD in June 2007.
This paper examines how a range of stability-oriented regulatory policies for banking and insurance are related to selected stability and competition outcomes in these sectors.
This paper examines various aspects of fiscal policy in Slovenia, in particular fiscal consolidation, pension reform, efficiency of government spending and the tax system.
The OECD and the European Investment Bank have agreed to share their expertise in support of economic co-operation and sustainable development. OECD Secretary-General Angel Gurría and EIB President Philippe Maystadt signed a co-operation agreement to that effect today in Paris.
Economic forecasts for GDP, unemployment, inflation and fiscal balance.