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Quarterly Gross Domestic Product (GDP) in the G20 area grew 0.8% in the first quarter of 2012 compared with 0.7% in the fourth quarter of 2011, according to preliminary estimates. This small pick-up in aggregate G20 GDP growth still masks diverging patterns among the world's largest economies however.
Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.
The structure of a country’s external liabilities, as well as the extent and nature of its international financial integration, are key determinants of vulnerability to financial crises, according to the latest Economics Policy Paper from the OECD.
Korea faces the challenge of reversing rising inequality while sustaining robust economic growth.
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International capital mobility: Which structural policies reduce financial fragility? OECD Economic Policy Papers, No. 2
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend continue to point to divergence between economies.
This project explores how the structure of international capital flows drives financial fragility, and examines how policies can help increase financial stability.
Korea, which has had the highest growth rate of greenhouse gas emissions in the OECD area since 1990, adopted an ambitious Green Growth Strategy in 2009.
While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s.
Economic downturns which have their roots in preceding credit excesses and debt overhang have tended historically to be long lasting, whether the financial sector remained healthy or not.