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News & Events
News
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04-Nov-2009
Following the severe contraction of the economy, the main economic challenges in rebalancing the economy include raising competitiveness, restoring the financial system to health, fiscal consolidation and avoiding high long-term unemployment.
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03-Nov-2009
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings. Analysing an unbalanced panel of 30 OECD economies from 1970 to 2008, we found that downturns have, on average, a significant positive impact on the level of structural unemployment rate.
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03-Nov-2009
This paper discusses the policy imperatives in the short term, in the face of the ongoing economic crisis, and reforms that could be implemented over the longer term to improve the efficiency and resilience of the financial system and raise Russia’s potential growth rate.
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03-Nov-2009
Despite progress over the past two decades Mexico’s health and education indicators remain well below the average of the OECD and some of its Latin American emerging market peers. Health insurance coverage is incomplete, especially for low-income families, and access to health services is highly uneven.
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03-Nov-2009
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.
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29-Oct-2009
The collapse in world trade volumes at the end of 2008 and beginning of 2009 was exceptional by historical standards. This paper shows that world demand (to which trade has become more responsive in recent decades) can explain most of the collapse in world trade, but that tight credit conditions have likely amplified the short-term trade response.
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23-Oct-2009
Following the publication in July 2009 of the OECD Economic Survey on Greece, the attached op-ed, signed by Andrew Dean Director of Country Studies at the OECD Economics Department, was published in the Greek newspaper Kathimerini the week after the elections of October 4, 2009. The article aims at enhancing the OECD policy message about the pressing need for Greece to improve its government financial situation and efficiency of the public sector during this current legislature.
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16-Oct-2009
The ongoing financial crisis has made euro adoption more attractive than ever and put it on the top of the country’s policy agenda. However, shocks affecting Estonia are only weakly synchronized with those of the euro area, and the structure of its economy also notably differs from the euro zone.
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16-Oct-2009
Compulsory school education in Italy produces poor results in terms of 15 year olds’ performance on PISA tests, compared with other OECD countries, despite a relatively high level of expenditure.
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16-Oct-2009
The global financial and economic crisis has struck Iceland with extreme force. Iceland’s three main banks, accounting for almost all of the banking system, failed in October 2008. They were unable to resist the deterioration in global financial markets following the failure of Lehman Brothers.
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Events
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on 23-Jun-2006
This Seminar is part of the EDRC Outreach Programme. Experts from the OECD Economics Department, the EBRD and independent academics discuss the scope for improving policies concerning oil exploration, production and transportation in the CIS. While production and reserves are small relative to OPEC they make a big contribution to covering the soaring demand from emerging economies and the United States. A re-emerging dirigisme throughout the region risks imposing a burden on CIS growth potential and limit the regions capacity to reduce OPEC monopoly power.
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