OECD Home › Economy › Publications & Documents
Publications & Documents
OECD work prior to the financial crisis suggested that real prices in several housing markets had become vulnerable to a change in financial and economic conditions, with the risk of a subsequent downturn becoming increasingly possible, as proved to be the case.
International migration fell in 2009, reflecting lower demand for workers in OECD countries for the second consecutive year after a decade of growth, according to a new OECD report.
Belgium weathered the crisis well. Nevertheless, with public debt at 97% of GDP, a sustained effort to restore fiscal sustainability is needed. To boost subdued potential growth, reforms to increase employment are required while more reliance on environmental taxation should secure greener growt
English, , 190kb
Although the automobile industry accounts for only a small share of industrial output in most OECD economies (around 5½ per cent in the median OECD economy), it is comparatively volatile and can thus
The road ahead will not be easy, though: financial market concerns about sovereign debt are extending to a growing number of countries and now they threaten to include Belgium. Thus fiscal sustainability and higher growth are the backbone of our main recommendations in this Survey. With a public debt at 97% of GDP, a renewed and sustained effort to prefund ageing costs is needed, including revisiting intergovernmental prefunding
Composite leading indicators (CLIs) designed to anticipate turning points in economic activity relative to trend, point to a slowdown in most major economies for May 2011.
Austria is recovering from the crisis which has increased fiscal vulnerabilities. The authorities should strengthen reforms so the economy is more resilient to fiscal pressures, and reinforce drivers of growth. The Survey discusses areas to improve fiscal performance, including health care r
Austria should seize the opportunity provided by its robust, export-led recovery to strengthen spending reforms and reinforce domestic drivers of economic growth, said Angel Gurría.
Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.
Real GDP in the OECD area grew by 0.5% in the first quarter of 2011. Although private consumption remained the main driver of growth in the OECD as a whole, its contribution to growth fell in nearly all major economies.