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The OECD's macroeconomic work is based on continued monitoring of events in Member countries as well as outside the OECD area and includes regular projections of short and medium-term economic developments. Interactions between individual countries' policies and developments are a notable concern. Bookmark this page: www.oecd.org/economics
What's new
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20-Aug-2008
The Norwegian economy has benefitted from rising world energy prices, fiscal restraint, successful monetary policy and a capacity to attract foreign labour. But difficult challenges lie ahead. Could the rapid rise in labour costs lead to inflation becoming entrenched? Is rising household debt a serious risk? How can the education system be improved?
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06-Aug-2008
This paper examines shifts in labour productivity growth in the United States and in Europe between 1970 and 2007 based on econometric tests of structural breaks. Additionally, it makes use of time-series-based projected labour productivity growth up to 2009 in order to detect any recent break according to a central scenario as well as high and low scenarios, both derived from a 95% confidence interval.
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17-Jul-2008
Turkey should adopt tougher fiscal rules and reform its labour market to boost its economic performance, according to this new OECD report.
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10-Jul-2008
This paper investigates the design of tax structures to promote economic growth, focusing on how taxes affect growth, and recognises that practical tax reform requires a balance between the aims of efficiency, equity, simplicity and revenue raising.
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10-Jul-2008
The Dutch labour market is functioning well, with employment and labour participation rates above OECD averages. Reintegrating benefit recipients would help to reduce spending on labour market programmes, which is among the highest in the OECD.
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How deep is the impact of the recent oil and credit shocks on the productive potential of OECD economies?
Issue No. 83
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