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The Department's work on projections and scenario analysis is supported by the use an international linkage model, INTERLINK. Longer term modelling is sometimes used to assess the impact of different policy settings. Recent examples relate to climate change and population ageing.
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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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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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