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News & Events
News
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24-Jan-2012
Switzerland’s recovery has been broadly balanced but the drastic appreciation threatens exports. At the same time, there is a risk that a housing bubble could develop linked to unusually low interest rates. This survey discusses policies that would help Switzerland deal with this situation.
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24-Jan-2012
Despite some deleveraging, the Big-2 Swiss banks remain too-big-to-fail, representing a major potential risk for the economy. This survey discusses to which extent the recently approved legislation to address the “too-big-to-fail” problem will be able to reduce these risks.
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24-Jan-2012
There is scope for Switzerland to increase growth and equity through reforms of the tax system on all levels of government. See this survey of how this could be achieved in detail.
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24-Jan-2012
While the level of greenhouse gas emissions is low in Switzerland, meeting emission reduction targets with the existing policies will be difficult. This survey discusses how Switzerland could reduce greenhouse gas emissions in a more cost effective way.
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19-Jan-2012
This paper takes a fresh look at the nature of financial and real business cycles in OECD countries using annual data series and shorter quarterly and monthly economic indicators.
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02-Jan-2012
The financial crisis has resulted in a substantial increase in unemployment in the OECD. This paper shows that this increase has reversed the reduction in structural unemployment which has been estimated to have occurred in most OECD countries since the late 1990s.
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02-Jan-2012
The differential between the interest rate paid to service government debt and the growth rate of the economy is a key concept in assessing fiscal sustainability. Among OECD economies, this differential was unusually low for much of the last decade compared with the 1980s and the first half of the 1990s.
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12-Dec-2011
Israel’s economy passed through the 2008 09 global downturn in relatively good shape but is now suffering alongside others. Persistent weaknesses in per capita income growth and a high rate of poverty, especially among certain communities, remain key long term challenges.
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12-Dec-2011
Israel’s financial sector, which, though it has avoided critical breakdown, has nevertheless displayed weaknesses. Corporate bond markets remain the major concern.
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12-Dec-2011
Israel has avoided the challenging fiscal situation facing a number of other OECD economies. Nevertheless, there remain sharp trade offs in fiscal policy objectives between debt reduction, spending control and tax reform, which have been heightened by pressures from the recent wave of popular protests.
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