Publications & Documents


  • 20-October-2014

    English

    Mr. Angel Gurría, Secretary-General of the OECD in Beijing, China, from 20 to 22 October 2014

    Mr. Angel Gurría, Secretary-General of the OECD, will be in Beijing, from 20 to 22 October 2014 to attend the Asia-Pacific Economic Cooperation (APEC) Finance Ministers Meetings.

  • 20-October-2014

    English

    Understanding National Accounts - Second Edition

    This second edition of Understanding National Accounts, that provides a comprehensive explanation of how national accounts are compiled, contains new data and new chapters, and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010, that came into effect in September 2014. It approaches national accounts from a truly global perspective, with special chapters dedicated to international comparisons,

  • 17-October-2014

    English

    Mr. François Hollande, President of the French Republic, met with the Heads of international economic organisations at the OECD

    The President of the French Republic, Mr. François Hollande, met the Heads of five international economic organisations at the OECD on Friday 17th October to discuss the challenges facing the global economy.

    Related Documents
  • 17-October-2014

    English

    The OECD encourages the French government to pursue the ongoing structural reforms to boost growth

    Full implementation of the structural reforms adopted and announced in France would boost potential annual economic growth by one third, or 0.4 percentage points per year over ten years, according to the OECD.

    Related Documents
  • 17-October-2014

    English

    Secular stagnation: evidence and implications for economic policy

    This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy interest rates bounded at zero fail to stimulate demand sufficiently, due to low or negative neutral real interest rates and low inflation, and when ensuing prolonged and subdued growth undermines potential growth via labour hysteresis and discouraged investment.

  • 17-October-2014

    English

    Investment gaps after the crisis

    The downturn in fixed investment among advanced economies from the onset of the global crisis was unusually severe, widespread and long-lasting relative to comparable episodes in the past. As a result, investment gaps are large in many countries, not only in relation to past norms but also relative to projected future steady-state levels, with a gap of 2 percentage points of GDP or more in several countries.

  • 17-October-2014

    English

    Factors behind the decline in real long-term government bond yields

    This paper describes developments in real long-term interest rates in the main OECD economies and surveys their various determinants. Real long-term government bond yields declined from the 1980s to very low levels in the recent period, though they have not reached the historical lows of the 1970s.

  • 12-October-2014

    English

    G30 International Banking Seminar

    Six years into the crisis and a robust recovery is still distant. The global economy is continuing to expand at a moderate and uneven pace. International trade, global investment and credit are still hesitant. The threat of so-called ‘secular stagnation’ remains high, especially in Europe.

  • 11-October-2014

    English

    Annual Meetings of the IMF and World Bank - Written Statement to the IMFC

    As a result of continued policy support and favourable financial conditions, global growth is expected to be somewhat more vigorous in the latter part of 2014 and into 2015. Nonetheless, the OECD’s recent Interim Assessment has revised growth projections downwards for most major economies as the recovery is turning out to be weaker than expected.

  • 10-October-2014

    English

    Contributions to GDP growth: second quarter 2014, Quarterly National Accounts, OECD

    Stockbuilding main driver of OECD GDP growth in the second quarter of 2014

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