Publications & Documents


  • 15-December-2010

    English

    Current account imbalances in the euro area: a comparative perspective

    This paper considers the increase in current account imbalances in euro area countries since the early 1990s.

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  • 15-December-2010

    English

    International financial integration and the external positions of euro area countries

    This paper describes the dynamics of the external positions of euro area countries since the formation of EMU.

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  • 15-December-2010

    English

    Minimising risks from imbalances in European banking

    The euro area financial system took excessive risks during the global credit boom, which in some countries led to an unsustainable increase in credit, higher asset prices and housing booms.

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  • 15-December-2010

    English

    Resolving and avoiding unsustainable imbalances in the euro area

    Some euro area countries accumulated large and persistent external imbalances during the upswing, revealing important weaknesses in the macroeconomic management of the monetary union.

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  • 15-December-2010

    English

    Improving fiscal performance through fiscal councils

    There is growing interest in the role of independent fiscal institutions, or fiscal councils, in helping to improve fiscal performance.

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  • 14-December-2010

    English

    Fiscal decentralisation and public investment: The experience of Latin America

    Despite large differences across countries, Latin America’s average investment-to-GDP ratio and the overall quality of infrastructure in the region are relatively low by international comparison.

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  • 14-December-2010

    English

    Does fiscal decentralisation strengthen social capital? Cross-country evidence and the experiences of Brazil and Indonesia

    This paper tests the hypothesis that, by giving people more voice in the government decision-making process, fiscal decentralisation fosters social capital, measured in terms of interpersonal trust.

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  • 12-December-2010

    English

    The fiscal challenge

    The recent economic crisis inflicted substantial damage on the public finances of many countries around the world. Meanwhile, growth remains largely subdued. How can governments restore public finances while promoting economic growth?”

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  • 12-December-2010

    English

    Fixing finance: Few easy answers

    The financial system has still not fully recovered. Major questions remain over how banks operate and are regulated. The solutions must be found, argues William R. White, Chair of the OECD Economic and Development Review Committee.

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  • 12-December-2010

    English

    Going for new growth

    OECD countries need growth if they are to emerge from the crisis and create jobs. But where will that growth come from? Also, with challenges such as climate change and global development, how can cleaner, smarter economic activity be unleashed?

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