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The European Union faces serious challenges today, with public finances in poor shape, weak long-term growth prospects and an unemployment level close to 10%. In this context, the regional policy can play a crucial role to unleash the growth potential of our economies, says OECD Secretary-General.
This paper considers the increase in current account imbalances in euro area countries since the early 1990s.
The euro area financial system took excessive risks during the global credit boom, which in some countries led to an unsustainable increase in credit, higher asset prices and housing booms.
This paper describes the dynamics of the external positions of euro area countries since the formation of EMU.
There is growing interest in the role of independent fiscal institutions, or fiscal councils, in helping to improve fiscal performance.
Some euro area countries accumulated large and persistent external imbalances during the upswing, revealing important weaknesses in the macroeconomic management of the monetary union.
More than 100 indicators covering a wide range of areas. Click on the red i beside each indicator to obtain the unit of measure, a definition of the indicator and a list of references. To compare with other OECD countries, tables and charts are provided at the end of each row.
The euro area is recovering from a severe recession. The build-up of large economic, fiscal and financial imbalances poses a major challenge. A new cross-cutting approach to these policy areas, together with structural reforms, is now required to make national economies more stable.
To what extent do governments use international standards in their technical regulations? This paper looks at the electrical household appliance, natural gas equipment and telephony sectors in Canada, Japan, Korea, Mexico, United States and the European Union.
This study analyses the impact of economic catching up on annual inflation rates in the European Union with a special focus on the new member countries of Central and Eastern Europe.