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News & Events
News
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25-Sep-2009
Welcoming the adoption of the Framework for Strong, Sustainable and Balanced Growth by G20 leaders gathered in Pittsburgh for the G20 summit, OECD Secretary-General Angel Gurría said new sources of jobs and growth needed for the global economy to effect a sustained recovery, will only emerge if the right structural policies are adopted by the world’s leading global economies.
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21-Sep-2009
Strengthening innovation, deepening the single market and moving to a low carbon economy are among the areas where reform needs to be accelerated to strengthen long-term growth in the European Union after of the worst recession in 50 years, according to a new OECD report.
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03-Sep-2009
Recovery from the global recession is likely to arrive earlier than had been expected a few months ago but the pace of activity will remain weak well into next year, according the OECD’s latest Interim Economic Assessment. Watch the webcast of the press conference.
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02-Sep-2009
Iceland has entered its deepest recession in decades following the collapse of its major banks. They had pursued risky strategies, making them vulnerable in the global financial crisis. The authorities have adopted a stabilisation programme supported by an IMF Stand-By Arrangement. The crisis has highlighted the need to improve prudential supervision and the potential advantages of joining the euro area, which would enable Iceland to share the benefits of the ECB’s credibility.
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24-Aug-2009
The self-regulating capacity of price-level targeting can be undermined if central banks are not fully credible. Besides, aggressive inflation targeting can replicate some of (but not all) the benefits of price-level targeting. On balance, the case for adopting price-level targeting is not clear-cut, all the more so since transition costs are likely to be significant.
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11-Aug-2009
The lack of competitiveness is more often a symptom than the cause of one or more underlying economic weaknesses. What is called for, then, is a comprehensive policy response that addresses the sources of the competitiveness problem, rather than targeted interventions designed directly to remedy the growing trade deficit.
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07-Aug-2009
Labour market outcomes have improved markedly in the past years as the beneficial effects of the economic upswing were reinforced by important structural reforms. With the economy on the verge of a severe economic downturn, it is important to avoid alleviating measures that adversely affect the functioning of the labour market in the long run.
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31-Jul-2009
What are the economic challenges Greece faces? What could be the impact of the global crisis? What should fiscal policy do? What are the reform priorities in the public sector? How to improve public health care services? How to enhance education performance?
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30-Jul-2009
The latest economic survey of Mexico looks at the policies needed to respond to the economic crisis, manage oil revenues; make health and education spending more efficient and boost longer-term economic growth.
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15-Jul-2009
The global crisis put an end to a decade of rapid growth. Russia needs to minimise the downturn and establish a sounder long-term growth model. Growth-friendly product market regulation and a more efficient and resilient banking system will be key.
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