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Choosing fiscal consolidation instruments compatible with growth and equity

This study proposes a structured approach to selecting instruments of fiscal consolidation that are consistent with growth, equity and global-rebalancing objectives, which is then illustrated with a particular application.




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What explains the volume and composition of trade? Industrial evidence from a panel of countries

This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners’ factor endowments and policies have on bilateral trade, and to analyse the effect of tariffs on the volume and composition of trade.




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Central bank negative deposit rates and the banking sector

The ECB, the Bank of Japan and five other central banks in Europe have applied negative interest rates on commercial banks’ reserves. This additional monetary policy stimulus, following large asset purchases by central banks in some of these areas, should boost the economy and thus raise inflation closer to target.




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Composite Leading Indicators (CLI), OECD, December 2016

Growth momentum picking-up in several advanced economies and strengthening in major emerging economies




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Composite Leading Indicators (CLI), OECD, January 2017

Stronger signals of growth momentum picking-up in several major OECD economies




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Composite Leading Indicators (CLI), OECD, February 2017

Composite leading indicators continue to point to growth gaining momentum in several advanced economies




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Deconstructing income inequality in Costa Rica: an income source decomposition approach

Despite an improvement in overall macroeconomic performance in Costa Rica, income inequality has risen and is currently at its maximum historical value.




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Composite Leading Indicators (CLI), OECD, April 2017

Stable growth momentum in the OECD area




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Does everybody enjoy Pura Vida? Decomposing income inequality in Costa Rica

Despite strong economic growth, Costa Rica’s income inequality has increased in the past decade, in stark contrast with other Latin American countries.




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Composite Leading Indicators (CLI), OECD, May 2017

Composite leading indicators point to stable growth momentum in the OECD area going forward




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Composite Leading Indicators (CLI), OECD, June 2017

Composite leading indicators continue to point to stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, July 2017

Composite leading indicators continue to point to stable pace of expansion in the OECD area




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Composite Leading Indicators (CLI), OECD, August 2017

Stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, September 2017

Composite leading indicators continue to point to stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, October 2017

OECD CLIs point to stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, November 2017

OECD CLIs continue to point to stable growth momentum




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Composite Leading Indicators (CLI), OECD, December 2017

Stable growth momentum going forward in the OECD area




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Composite Leading Indicators (CLI), OECD, January 2018

Composite leading indicators continue to point to stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, February 2018

Stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, April 2018

OECD CLIs point to stable growth momentum in the OECD area




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The Greek economy is recovering. Improving debt sustainability, tackling poverty and boosting investment are vital to sustaining the positive momentum.

Greece’s recovery from deep economic depression is finally gaining traction, according to the OECD. Economic growth has started to pick up led by a rise in exports while labour market reforms have improved competitiveness and are helping to create jobs.




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Composite Leading Indicators (CLI), OECD, May 2018

OECD CLIs continue to point to stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, June 2018

Stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, July 2018

Stable growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, August 2018

Tentative signs of easing growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, September 2018

Easing growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, October 2018

OECD CLIS continue to point to easing growth momentum in the OECD area




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Composite Leading Indicators (CLI), OECD, November 2018

CLIs continue to signal easing growth momentum in the OECD area




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Closing the Gender Gap - country note: Brazil

Gains in female education attainment have contributed to a worldwide increase in women’s participation in the labour force, but considerable gaps remain in working hours, conditions of employment and earnings.  More specific data for Brazil are available in this country note.




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Building a positive agenda for Brazil, OECD-FIESP Seminar, 5 November 2015, Brazil

This OECD joint Federação das Indústrias de São Paulo (FIESP) seminar brings together participants from the Brazilian private sector, academia, government authorities, and international experts with one objective: building a positive agenda for Brazil.




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Governance: The Chicago Tri-State metro area is a powerful region – policy makers must work together to maintain a global pole position and fully realise the region’s potential

Chicago is at a tipping point: despite economic strengths, it faces considerable challenges to compete in the “Premier League” of world-class cities, warns the OECD’s review of the Chicago Tri-State Metropolitan Region.




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Symposium on New Science-Based Tools for Anticipating and Responding to Global Crises (Paris, 18 April 2012)

This event explored the prospects of providing innovative, actionable information and advice to policymakers and other stakeholders, based on the results of contemporary research on complex dynamic systems.




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Choosing the pace of fiscal consolidation

In many OECD countries debt has soared to levels threatening fiscal sustainability, necessitating its reduction over the medium to longer term. This paper uses stylised simulations in a small, calibrated macroeconomic model which features endogenous interactions between fiscal policy, growth and financial markets.




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What cities for the next 3 billion?: OECD symposium

Three world experts discuss the future of cities in the current context of rapid urbanisation. This meeting was held in Paris on 4 December 2012.




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Choosing fiscal consolidation instruments compatible with growth and equity

This study proposes a structured approach to selecting instruments of fiscal consolidation that are consistent with growth, equity and global-rebalancing objectives, which is then illustrated with a particular application.




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Hermosillo progresses steadily in the implementation of OECD recommendations to simplify formalities

The Municipality of Hermosillo in Mexico shows a 12% progress in the implementation of OECD recommendations to simplify formalities to boost entrepreneurship and create employment.




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Implementation of OECD recommendations to improve business formalities in the Municipality of Hermosillo

The second progress report in the implementation of regulatory improvement actions shows a 52% progress for the Municipality of Hermosillo.




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Hermosillo scores high in improving the regulatory quality of formalities

Hermosillo scores 96% in implementing the recommendations of the Guide on improving the regulatory quality of formalities at the municipal level




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Implementing the OECD Guide to Improve the Quality of State and Municipal Regulations, San Luis Potosi, Mexico

The Municipality of San Luis Potosi scores an 87% progress in implementing the OECD Guide to Improve the Quality of State and Municipal Regulations.




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The positive effect of public investment on potential growth

An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components.




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OSINERGMIN, Peru's energy regulator, begins RIA implementation

OSINERGMIN, the Supervisory Agency for Investment in Energy and Mining of Peru, advances in transparency and accountability to improve its regulation.




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Deposit Interest Rate in Maldives

Deposit Interest Rate in Maldives increased to 3.66 percent in 2018 from 3.57 percent in 2017. Deposit Interest Rate in Maldives averaged 6.11 percent from 1980 until 2018, reaching an all time high of 9.09 percent in 1985 and a record low of 3.57 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Maldives.




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Deposit Interest Rate in Namibia

Deposit Interest Rate in Namibia remained unchanged at 5.90 percent in 2018 from 5.90 percent in 2017. Deposit Interest Rate in Namibia averaged 7.80 percent from 1991 until 2018, reaching an all time high of 12.94 percent in 1998 and a record low of 3.98 percent in 2013. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Namibia.




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Deposit Interest Rate in Solomon Islands

Deposit Interest Rate in Solomon Islands increased to 0.34 percent in 2018 from 0.31 percent in 2017. Deposit Interest Rate in Solomon Islands averaged 4.69 percent from 1981 until 2018, reaching an all time high of 12 percent in 1991 and a record low of 0.21 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Solomon Islands.




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Deposit Interest Rate in Iran

Deposit Interest Rate in Iran decreased to 12.80 percent in 2016 from 16.30 percent in 2015. Deposit Interest Rate in Iran averaged 13.10 percent from 2003 until 2016, reaching an all time high of 16.94 percent in 2014 and a record low of 11.16 percent in 2011. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Iran.




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Deposit Interest Rate in Bolivia

Deposit Interest Rate in Bolivia increased to 3.03 percent in 2018 from 2.47 percent in 2017. Deposit Interest Rate in Bolivia averaged 17.56 percent from 1980 until 2018, reaching an all time high of 108.33 percent in 1984 and a record low of 1.05 percent in 2010. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Bolivia.




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Israel Composite State-of-the-Economy Index

Economic Optimism Index in Israel increased to 137.50 points in February from 137.20 points in January of 2020. Economic Optimism Index in Israel averaged 63.33 points from 1975 until 2020, reaching an all time high of 137.50 points in February of 2020 and a record low of 21.70 points in July of 1976. In Israel, the Composite State-of-the-Economy Index shows the direction in which the economy is moving. The index is computed from monthly changes in manufacturing production; imports of consumer goods; imports of production inputs; trade and services revenue; the number of employee posts in the business sector; exports of goods (excluding agriculture, fuel, diamonds, and ships and aircraft), exports of services (tourism, computer and know-how, communications, insurance, and other business services) and housing starts. This page provides the latest reported value for - Israel Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Deposit Interest Rate in Cambodia

Deposit Interest Rate in Cambodia decreased to 1.38 percent in 2018 from 1.53 percent in 2017. Deposit Interest Rate in Cambodia averaged 3.33 percent from 1995 until 2018, reaching an all time high of 8.80 percent in 1996 and a record low of 1.26 percent in 2010. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Cambodia.




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Deposit Interest Rate in Laos

Deposit Interest Rate in Laos decreased to 3 in 2010 from 3.25 in 2009. Deposit Interest Rate in Laos averaged 11.89 from 1989 until 2010, reaching an all time high of 30 in 1990 and a record low of 3 in 2010. Deposit Interest Rate in Laos is reported by the World Bank. This page includes a chart with historical data for Deposit Interest Rate in Laos.




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Deposit Interest Rate in Bhutan

Deposit Interest Rate in Bhutan decreased to 2 percent in 2018 from 2.80 percent in 2017. Deposit Interest Rate in Bhutan averaged 5.72 percent from 1982 until 2018, reaching an all time high of 8.25 percent in 1996 and a record low of 2 percent in 2008. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Bhutan.