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This chapter suggests ways to further bolster the economy’s resilience against shocks by sharpening the fiscal rule in copper price booms, while making room to relax it more in severe downturns.
This paper considers the role of the automobile industry in the current cycle. It shows that the industry is economically important and its cycle is intertwined with business cycles.
U.S. President Barack Obama’s plan to separate core commercial banking from some higher-risk activities in financial conglomerates and to place a moratorium on further consolidation could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system.
Israel’s economy has shown resilience during the global recession, but more active education and employment policies – particularly targeted at minority groups – are needed to bolster its economic performance and bridge deep divisions within its society, according to Angel Gurría.
Israel’s economy has shown resilience during the global recession, but more active education and employment policies – particularly targeted at minority groups – are needed to bolster its economic performance and bridge deep divisions within its society, according to the OECD.
OECD to publish Review of Israel’s Labour Market and Social Policies and its first ever Economic Survey of Israel on Wednesday 20 January
In vista de sus fuertes vínculos comerciales, de inversión, de migración y financieros con el resto del mundo, América Latina no se ha escapado de la crisis global y se espera una contracción del PIB de la región de entre 1.5% y 2% en 2009, segun el Secretario general de la OCDE.
As a region with strong trade, investment, migration and financial links with the rest of the world, Latin America has not escaped the global crisis and its GDP is expected to contract between 1.5% and 2% in 2009, according to the OECD Secretary-General.
Through this conference on Innovation and Sustainable Growth in a Globalised World, the OECD and the World Bank are joining forces to work more closely on innovation, a crucial factor in the success of development policy, notably in middle income market economies.
In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation and growth in both developed and developing countries, and how countries are coping with them.