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In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries.
This paper examines how the the distributive impact of macroeconomic shocks is shaped by selected institutions. It uses a dynamic stochastic general equilibrium (DSGE) framework with heterogeneous agents and an endogenous collateral constraint.
English, , 992kb
Pension fund asset levels in most countries continued to show strong growth throughout 2010, climbing back to pre-crisis levels. Both economic and financial indicators showed signs of further recovery. However, the outlook for future economic growth in developed economies remains uncertain and sluggish.
Pension fund asset levels in most countries continued to show strong growth throughout 2010, returning almost to pre-crisis levels, according to a new OECD report. Both economic and financial indicators showed signs of further recovery but the outlook for future economic growth in developed economies remains uncertain and sluggish.
The recent financial crisis has left a hole in the public finances of many countries. Yet, with the right preparation, governments may have been better placed to fund that gap. This holds lessons for future crisis resolution strategies.
The Indian financial system has changed considerably since the 1990s. Interest rates have been deregulated and new entrants allowed in the banking and the securities business.
This paper addresses the often neglected question of how macroeconomic risk is shared across and within economies, and identifies reforms that could contribute towards achieving more desirable risk-sharing outcomes.
The OECD and the South African government launch a centre to encourage co-operation among African debt managers and to support the development of sound practices in public debt and cash management.
Organised in Midrand, the 5th Annual Forum on African Public Debt Management focussed on current priorities relating to African public debt management and bond markets.
Discussions at this high-level international event will focus on critical aspects of the development of a financial education strategy in Indonesia and the challenges related to financial education and inclusion in South East Asia/ASEAN and APEC countries.