Latest Documents


17-October-2012

English

Portugal: rebalancing the economy and returning to growth through job creation and better capital allocation

Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.

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1-October-2012

English

Economic Survey of Estonia 2012

Estonia has achieved high growth, but boom/bust cycles need to be mitigated by macroprudential and fiscal policies, and the social costs of volatility reduced by investments in skills and innovation, activation and targeted income support.

27-September-2012

English

Economic Survey of Indonesia 2012

Improved policy settings since the Asian crisis have yielded strong economic growth, as well as a marked reduction in poverty. Further institutional and policy reform can promote a socially inclusive and green development and raise productivity.

27-September-2012

English

Canada: Tertiary education: developing skills for innovation and l-t growth

The tertiary education system in Canada performs well in fostering a skilled workforce with generally good labour market outcomes and is internationally recognised for its research contributions.

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19-September-2012

English

Portugal: assessing the risks around the speed of fiscal consolidation in an uncertain environment

This paper illustrates possible trade-offs between two different fiscal consolidation strategies in Portugal: sticking to the nominal fiscal targets in the EU-IMF programme or allowing automatic stabilisers to work, while sticking to the structural primary deficit targets implied by the programme.

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19-September-2012

English

Portugal: solid foundations for a sustainable fiscal consolidation

Owing to slow growth and a relatively weak fiscal position, Portugal’s public debt had been rising for almost a decade when the global crisis struck, sharply increasing the deficit.

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19-September-2012

English

Tackling Turkey’s external and domestic macroeconomic imbalances

Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis, with annual growth averaging close to 9% over 2010-11

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19-September-2012

English

Current account benchmarks for Turkey

Turkey’s current account deficit widened to almost 10% of GDP in 2011 and has been narrowing only gradually since. An important question is to what extent Turkey’s current account deficit is excessive.

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19-September-2012

English

The German labour market: preparing for the future

The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility.

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19-September-2012

English

Climate change policies in Germany: make ambition pay

Germany reduced greenhouse gas emissions substantially but remains an important emitter. Ambitious targets for climate change mitigation have been fixed and a broad range of environmental measures are being implemented.

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