Publications & Documents


20-April-2008

English

Economic Survey of Estonia 2009: Removing the pro-cyclical bias of fiscal policy

The key challenge is to develop gradually its counter-cyclical role without jeopardizing sustainability.

20-April-2008

English

Economic Survey of Estonia 2009: Increasing flexibility and reducing segmentation of the labour market

More flexible labour markets will be a key adjustment mechanism in the current recession as well as in the medium term if Estonia is to become a knowledge-based economy.

20-April-2008

English

Economic Survey of Estonia 2009: Getting back to sustainable growth path is the key policy challenge

Estonia is facing its most challenging economic situation since the early 1990s. Past overexpansion was financed by rapid credit growth. Growth was in general biased towards domestic demand.

20-April-2008

English

Economic Survey of Estonia 2009: Strengthening financial stability while reducing distortions in the housing market

Co-operation is required between regional financial supervisory authorities to mitigate risks to financial stability as well as cyclical volatility in housing and construction. Financial stability could be strengthened by increasing households’ financial literacy.

16-April-2008

English

Economic Survey of New Zealand 2009: Health care reform: challenges for the next phase

Trends in demography, technology and costs will exert mounting and unaffordable pressures on health spending, underlining the need to control health care costs and to put limits on public coverage.

16-April-2008

English

Economic Survey of New Zealand 2009: Structural policies to overcome geographic barriers and create prosperity

New Zealand’s living standards remain well below the OECD average, a situation attributable to low productivity, which in turn is related to economic geography as well as structural policy factors.

16-April-2008

English

Economic Survey of New Zealand 2009: Macroeconomic adjustments in the current crisis

Macroeconomic imbalances, along with the present reversals in global risk appetite and credit availability, present a risk of sudden and costly macroeconomic adjustments.

16-April-2008

English

9-April-2008

German, , 334kb

Wirtschaftsbericht Deutschland, 2008

Nach einer längeren Phase der Stagnation hat Deutschland eine kräftige Erholung erlebt. Die Unternehmens- und Staatsfinanzen sind robust, so dass ein solides Fundament für eine Fortsetzung des Aufschwungs gegeben ist, sofern die von den globalen Finanzmarktturbulenzen ausgehenden Bremseffekte nicht zu stark werden. Damit das hohe Wirtschaftswachstum über den Konjunkturaufschwung hinaus andauern kann, muss allerdings die Wachstumsrate

7-April-2008

Japanese, , 226kb

OECD 対日経済審査報告書2008 年版

日本経済は戦後最長の景気拡大期にあり、2008 年と2009 年は1½~2%の経済成長が見込まれる。成長の牽引役は企業の旺盛な設備投資とアジア諸国向けを中心とした輸出の力強い伸びである。しかし今後の持続的成長という面で、日本経済は根強いデフレ、すでに膨大な公的債務のさらなる増加、経済セグメント間の格差拡大などといった様々な課題に直面している。大手製造業が輸出拡大の恩恵を受けている一方、中小企業が大半を占める非製造業は収益性、景況感、投資、賃金の面で出遅れている。労働市場でも二極化が進んでおり、低賃金で社会的保護も手薄な非正規労働者が労働人口に占める比率は上昇している。こうした課題に対処するためには、健全なマクロ経済政策や構造改革を含めた包括的な施策によって、労働参加率や生産性を高める一方で経済格差を克服することが求められる。デフレの完全な終息の確保。 日本銀行は、2006 年に導入した新たな金融政策の枠組みに基づいて政策金利を2 度引き上げた後、2007

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