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This paper examines the characteristics of downturns and subsequent recoveries following past banking crises in OECD countries as well as evidence of any effects on potential output growth.
This paper estimates unrestricted monetary reaction functions for four Latin American countries (Brazil, Chile, Colombia and Mexico) and tests for the presence of non linear effects in central bank behaviour.
This paper constructs a broad measure of financial conditions for the United States, Japan, the Euro Area and the United Kingdom, by extending monetary condition indices which are traditionally used to gauge the impact of monetary policy on the economy.
The Australian education system fares well in international comparison with regards to PISA test scores and the higher education system attracts an increasing number of foreign students. However, a number of challenges need to be addressed.
- Economic Survey of Australia 2008
OECD Secretary-General Angel Gurría has warned of a “crisis of globalisation” if governments succumb to protectionist pressures. Speaking to the International Chamber of Commerce in Paris, he said emergency stimulus measures taken by governments during the crisis needed to be carefully conceived and monitored to preserve the long-term strength of the economy.
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This note, taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2009, contains information about the progress in implementing reforms in line with the 2008 priorities for Switzerland.
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This note, taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2009, contains information about the progress in implementing reforms in line with the 2008 priorities for Mexico.
Chapter 3 of the OECD Economic Policy Reforms: Going for growth 2010. The country notes in this year’s edition highlight those priorities that seem most urgent to address during the recovery. Despite the depth and extended nature of the crisis, differences in per capita GDP have not changed much, and can to a large extent be explained by structural policy factors that are the basis on which structural policy priorities are identified
In der gegenwärtigen Wirtschaftskrise sollten Regierungen Notmaßnahmen mit wichtigen Strukturreformen verbinden. Dies würde langfristiges Wachstum sichern und die Volkswirtschaften widerstandsfähiger machen, so die jüngste Ausgabe der OECD-Studie Going for Growth, die am Dienstag in Paris vorgestellt wurde.
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Handouts for journalists at the press briefings at the occasion of the launch of OECD Economic Policy Reforms: Going for Growth 2009, in Paris on 3 March 2009.