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News & Events
News
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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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06-Jul-2009
One of the agenda items at the G8 Summit in L’Aquila was a discussion of a proposed new “Global Standard” for international business dealings (see www.oecd.org/globalstandard). An Italian-led working group has drawn up, with the assistance of the OECD, a list of 12 “common principles and standards” in support of this project. To promote discussion of the issues raised by the proposed Global Standard, the OECD has launched a blog to which comments are invited.
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24-Jun-2009
The slowdown in OECD economies is reaching bottom following the deepest decline for more than 60 years, says the OECD’s latest Economic Outlook. But recovery is likely to be weak and fragile, and the economic and social damage caused by the crisis will be long-lasting.
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28-Apr-2009
How is France affected by the global economic crisis and how can it eliminate the budget deficit? Can it raise employment rates for youth and older workers and should private research and development be supported by public funding? The Economic Survey looks at the policies needed to help pull the country out of the recession and restore sustained growth.
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28-Apr-2009
How is France affected by the global economic crisis and how can it eliminate the budget deficit? Can it raise employment rates for youth and older workers? The Economic Survey also looks at whether private reasearch and development should be supported by public funding and what measures can foster competition in the services sector.
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20-Apr-2009
Estonia grew faster than most emerging market economies during 2000-07, but it is now in a severe recession due to a collapse of domestic demand in the wake of the international financial crisis. The main challenge facing the policymakers is therefore to bring the economy quickly back to trend growth by re-orienting activity from serving domestic demand towards building up capacity to export.
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31-Mar-2009
Economic activity is expected to plummet by an average 4.3 percent in the OECD area in 2009 while by the end of 2010 unemployment rates in many countries will reach double figures for the first time since the early 1990s, according to the OECD’s Economic Outlook Interim Report.
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03-Mar-2009
The current crisis offers governments the opportunity of combining emergency action with the important structural reforms needed to improve long-term growth and resilience in their economies, according to OECD’s latest Going for Growth.
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