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External links to: recent economic data; current interest rates and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.
Meeting of NERO, 21 September 2009
The Conference was an opportunity for high level experts, decision-makers and representatives from civil society to get together and discuss ways to address global climate change mitigation and adaptation issues in a consensual and econo
In remarks prepared for a workshop on the findings of the Commission on the Measurement of Economic Performance and Social Progress set up by French President Nicolas Sarkozy, Mr Gurría noted that the OECD is well placed to lead international cooperation on harmonising concepts and methodologies. The OECD World Forum on “Statistics, Knowledge and Policy” to be held in Busan, Korea, on 27-30 October 2009 will provide the next major
The OECD is ready to play a key role in helping to implement the recommendations of a commission of international experts on new ways of measuring well-being and progress, OECD Secretary-General Angel Gurría said.
As world leaders head into serious discussions in the coming weeks about how to address climate change, new OECD work will inform some of the most contentious isssues of the debate – those related to the costs involved. .
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We assess fiscal policy from the perspective of fairness between generations and the relationship between this and national saving, in the context where the United Kingdom is the lowest-saving of all the OECD economies.
Capital - in particular of the physical sort - plays several roles in economic life: it constitutes wealth and it it provides services in production processes. Capital is invested, disinvested and it depreciates and becomes obsolescent and there is a question how to measure all these dimensions of capital in industry and national accounts. This revised Capital Manual is a comprehensive guide to the approaches toward capital measurement. It gives statisticians, researchers and analysts practical advice while providing theoretical background and an overview of the relevant literature. The manual comes in three parts - a first part with a non-technical description with the main concepts and steps involved in measuring capital; a second part directed at implementation and a third part outlining theory and a more complete mathematical formulation of the measurement process.
This working paper suggests that restoring competitiveness will require strengthening France's growth potential and to address the main long term determinants of that potential, such as fostering R&D, promoting innovation, reducing the tax burden, boosting competition and so on.
There is a case, but there are also counter-arguments. With sufficient forward-looking behaviour among firms and households, price-level targeting can act as a powerful built-in stabiliser through automatic shifts in inflation expectations.