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This paper presents a stylised model in which either a savings glut or an exchange rate peg in emerging economies drives down the level of interest rates in advanced economies and, when it hits the zero-rate bound, produces a welfare loss.
Statement by Secretary-General Angel Gurría at the occasion of the OECD-WB Conference on challenges and policies for promoting inclusive growth, 24-25 March 2011 at OECD, Paris.
Homeownership rates have increased significantly in many OECD countries over recent decades.
Chinese, , 2,272kb
English, , 1,741kb
This paper depicts the rapid development and transformation of the Chinese economy so far and discusses how to sustain vigorous and inclusive growth.
- Economic Survey of China 2010
Spain’s government has introduced ambitious consolidation measures, which should yield a sizeable improvement in discretionary fiscal efforts.
- Economic Survey of Spain 2010
Oslo conference on Tax and Crime, 21-23 March, launches a whole of government approach in fighting financial crime.
- OECD Tax and Crime conference, Oslo, 21-23 March 2011
- Opening remarks by Mr. Richard Bouche, Deputy Secretary-General, OECD, Tax & Crime Conference, 21-23 March 2011
- Opening remarks by Mr. Sigbjørn Johnsen, Minister of Finance, Norway, Tax & Crime Conference, 21-23 March 2011
- The launch of the Oslo dialogue
The 2011 OECD report, "Tackling Aggressive Tax Planning through Improved Transparency and Disclosure".
9 March 2011 - The OECD’s Committee on Fiscal Affairs has launched a new project on the administrative aspects of transfer pricing. This work is regarded as important to strike a balance between the development of sophisticated guidance for complex transactions and the cost-effective use of taxpayers’ and tax administrations’ resources for improved compliance and enforcement processes.
English, , 354kb
Global current account imbalances widened markedly in the years preceding the global economic crisis.