Risks Ahead for the Financial Industry in a Changing Interest Rate Environment

Current interest rates have been conducive to financial institutions assuming exposure to interest rate risks but, with interest rates expected to rise and yield curves likely to flatten, new challenges may be in store. This article draws attention to the increased risks and possible negative effects that the still-fragile banking sector could face in light of these developments.

A Suggested New Approach to the Measurement and Reporting of Gross Short-Term Borrowing Operations by Governments

The various existing methods for calculating short-term borrowing requirements can result in distorted estimates. This article proposes a new method that yields economically meaningful results that can also be used to make cross-country comparisons.

Statistical Yearbook on African Central Government Debt: Overview of a New OECD Publication

The first issue of the Statistical Yearbook on African Central Government Debt was published earlier this year. This article provides an overview of the publication which contains comprehensive and consistent information on African central government debt instruments. It includes both individual country data and comparative statistics to facilitate cross-country analysis.

Defined benefit pension plans - proposed revisions to international accounting

At the end of April 2010, the International Accounting Standards Board (IASB) published an exposure draft with proposed changes to International Accounting Standard No. 19 (IAS 19). If enacted, the changes to IAS 19 proposed by the IASB are expected to have a significant impact on company financials on a global basis.

Finance, business and the crisis

Read about OECD efforts to help governments improve the domestic and global policies that affect business and markets in the wake of the global economic crisis.

Etude économique de l'Afrique du Sud 2010

L’économie de l’Afrique du Sud est en phase de reprise. Des réformes structurelles en profondeur sont néanmoins nécessaires. Le cadre de politique macroéconomique déjà robuste devrait toutefois être renforcé pour résister à une appréciation excessive du taux de change réel.

The Design of Government Guarantees for Bank Bonds: Lessons from the Recent Financial Crisis

Government-guaranteed bank bonds have been an effective tool in avoiding the worst during the financial crisis. However, the pricing of the guarantees has created competitive distortions and the continued availability of such guarantees into 2010 may have reduced the pressure on some banks to address their weaknesses.

Prospects for growth and imbalances beyond the short term

The global crisis has left the OECD area with lower potential output and a high government debt burden. Moreover, global imbalances are beginning to widen again.

Related Documents

• OECD Economic Outlook No. 86, November 2009
• EO87 Chapter 4: Prospects for growth and imbalances beyond the short term (“framework”)

Prospects for growth and imbalances beyond the short term

The global crisis has left the OECD area with lower potential output and a high government debt burden. Moreover, global imbalances are beginning to widen again.

Related Documents

• EO87 Chapter 4: Prospects for growth and imbalances beyond the short term (“framework”)
• OECD Economic Outlook No. 87, May 2010

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.