Garantizar el crecimiento y reducir la desigualdad seguirán siendo los retos fundamentales a medida que Chile sale de la recesión

Chile, que está en camino de convertirse en el miembro 31 de la OCDE, emerge de la recesión impulsado por las medidas de estímulo del gobierno y un repunte de los precios de exportación del cobre, según relata un nuevo estudio de la OCDE.

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• Assurer la croissance et endiguer les inégalités restent les défis majeurs du Chili au sortir de la récession
• Securing growth and tackling inequality remain key challenge as Chile emerges from recession

Economic Survey of Chile 2010: Need for speed: boosting productivity growth by strengthening competition, entrepreneurship and innovation

Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to strengthen competition, entrepreneurship and innovation would go a long way toward enhancing it.

Economic Survey of Chile 2010: Fiscal policies for enhanced resilience and equity

This chapter suggests ways to further bolster the economy’s resilience against shocks by sharpening the fiscal rule in copper price booms, while making room to relax it more in severe downturns.

Economic Survey of Chile 2010: Overcoming the crisis

Chile’s robust pace of expansion hit a roadblock when the global financial crisis erupted in mid 2008, and trade flows tumbled. Despite strong fundamentals, Chile was hit severely by the crisis.

Policy Brief: Economic Survey of Chile, 2010

Sound fundamentals and strong macroeconomic management have provided a buffer against the global economic recession, which nevertheless hit Chile both through a sharp deterioration in its terms of trade and the collapse of world trade. There was room for decisive macroeconomic stimulus thanks to sound monetary policy and prudent fiscal policy during the boom years. This, together with the rebound in copper prices – Chile’s main export

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The automobile industry in and beyond the crisis

This paper considers the role of the automobile industry in the current cycle. It shows that the industry is economically important and its cycle is intertwined with business cycles.

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• OECD Economic Outlook No. 86, November 2009

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Obama plan for banks can help to avoid a new financial crisis

U.S. President Barack Obama’s plan to separate core commercial banking from some higher-risk activities in financial conglomerates and to place a moratorium on further consolidation could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system.

Joint release of OECD Economic Survey of Israel and Review of Israel’s Labour Market and Social Policy

Israel’s economy has shown resilience during the global recession, but more active education and employment policies – particularly targeted at minority groups – are needed to bolster its economic performance and bridge deep divisions within its society, according to Angel Gurría.

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• Reforming education and raising employment key to Israel’s long-term economic growth

Economic Survey of Israel 2009: Assessing the macroeconomic policy framework

Monetary policy and inflation prospects are broadly sound in Israel, but significant challenges remain for fiscal policy in reducing public debt.