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Israeli house prices have risen by over 50% over the past three years. In part this reflects the fact that for several years housing construction had not kept pace with increases in the number of households.
Sources and Methods of the OECD Economic Outlook, Notes to statistical annex tables 23 and 24.
Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act.
After a recession of historic proportions, an export-led recovery is gaining traction in Ireland. The pace of recovery, however, varies sharply across sectors.
Ireland’s banking crisis, one of the most severe in the OECD area, and the associated economic recession have taken a heavy toll on public finances.
This paper assesses some welfare consequences of climate change mitigation policies.
OECD Secretary-General Angel Gurría has welcomed the measures adopted by the Italian government to address fiscal sustainability while boosting growth and equity.
Consumer prices in the OECD area rose by 3.2% in the year to October 2011, compared with 3.3% in the year to September.
Ireland is recovering from an extremely large banking crisis born of over-exuberant property lending. The government has taken a wide range of measures to tackle the crisis over the past 3 years.
The financial crisis has resulted in a substantial increase in unemployment in the OECD.