Gauging the impact of higher capital and oil costs on potential output

Higher oil prices and the prospect of higher borrowing costs are likely to reduce the productive potential of OECD economies. The present study provides illustrative numerical estimates of the impact under different scenarios using a stylised model based on a production function.

Enhancing Financial Stability Through Better Regulation in Hungary

The global crisis exposed weaknesses in the Hungarian financial system that pose risks to financial stability, as discussed in this working paper.

Related Documents

• Economic Survey of Hungary 2010

Economic Survey of Canada 2012

An effort must be made to address Canada’s poor productivity performance given the ageing of the population, headwinds from international competitiveness and terms of trade shifts. Measures should provide an impetus for firms to innovate and strengthen tertiary education attainment rates.

Israel: Monetary and Fiscal Policy

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

How to put the global economy on a sustainable growth path

William White, Chair, OECD Economic and Development Review Committee on tackling imbalances and avoiding another crisis.

Beyond the crisis: Shifting gears

The deep scars of the crisis can be relieved through appropriate policy action, particularly in competition, jobs, taxes and financial services. This would bolster long-term growth too.

Related Documents

• OECD Economic Outlook No. 87, May 2010

Can emerging asset price bubbles be detected?

Bayesian Model Averaging techniques are used to analyse how robustly it is possible to identify factors that may lead to the bursting of asset price bubbles in OECD economies.

Counter-cyclical economic policy: Economics Department Policy Note No. 1

OECD's recommendations on how to decide on appropriate policy in the face of an economic disturbance.

Related Documents

• Policy considerations in times of financial crisis

EO87 Chapter 6: Counter-cyclical economic policy

Special Chapter from Economic Outlook 87, May 2010

Related Documents

• OECD Economic Outlook No. 86, November 2009

Why sound institutions and smart regulation matter

Speaking at a conference in Berlin, Angel Gurría says that a new architecture of financial reform together with sustainable fiscal consolidation strategies, structural reforms and efforts to explore new sources of growth will be essential to build a stronger, cleaner and fairer world economy.