Turkey’s economy will grow stronger in the coming years, but remains overly dependent on domestic consumption funded by foreign finance, according to the latest OECD Economic Survey of Turkey.

Governments are increasingly assessing the effects of their policies and effectiveness of public institutions, and competition agencies are no exception. This factsheet was elaborated to help competition agencies advocate their work. It contains evidence on the links between competition and macro-economic outcomes.

This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.

This update report by the IMF and the OECD was delivered to G20 in February 2016.

This paper looks at macro-prudential policies in the light of empirical evidence on the determinants of bank systemic risk, and the effectiveness of capital controls. It concludes that complexity and interdependence is such that care should be taken in implementing macro-prudential policies until much more is understood about these issues.

This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.

Using a panel of OECD countries, this study assesses the linkages between structural policies and macroeconomic stability. Business cycle and time-series characteristics of GDP and its components are employed to define various measures for economic instability and for the persistence of adverse shocks.

This paper looks at a vast array of policy recommendations by the OECD that promote long-term growth – contained in Going for Growth and the Economic Outlook – and attempts to establish whether they underpin macroeconomic stability or whether there is a trade-off.

Macroeconomic shocks as severe and protracted as those since 2007 warrant a reconsideration of the role growth-promoting policies play in shaping the vulnerability and resilience of an economy to macroeconomic shocks.

In Norway house prices have risen to high levels, associated with very strong credit growth, in a context of low interest rates. Such a combination was in many countries a contributory factor to the 2008-09 crisis.

Turkey’s economy will grow stronger in the coming years, but remains overly dependent on domestic consumption funded by foreign finance, according to the latest OECD Economic Survey of Turkey.

Recent episodes of large exchange rate movements, such as for Japan or the United Kingdom, have typically not been associated with large changes in trade balances and despite the polarisation of international investment positions large currency fluctuations during the global crisis of 2008-09 did not cause significant financial dislocations.

This paper firstly describes the role of models in producing OECD global macroeconomic forecasts; secondly, reviews the OECD's forecasting track record; and finally, considers the relationship between forecast performance and models.

This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality).

This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality).

Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level.

This paper provides an overview of labour market resilience in the wake of the Great Recession of 2008-09 and the role played by macroeconomic and structural policies.

Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis, with annual growth averaging close to 9% over 2010-11

Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process.

The objective of this paper is to define long-run prudent debt targets for OECD countries and country-specific fiscal rules. To this end, a semi-structural macroeconomic model for OECD countries and primary balance reaction functions are estimated.

Samsung overnight released its earnings guidance for the first quarter of 2020, stating that it expected sales of $45.4 billion and an operating profit of roughly $5.3 billion. The company’s fiscal year is aligned to the standard calendar year, and it will announce official earnings results on April 23. Those numbers are slightly up from […]

The EU should do more to defend itself, without expecting the US to underwrite the peace

German and French leaders’ hesitation could be fatal

Seconds after his plane was wheels down in Paris, Donald Trump attacked host Emmanuel Macron for suggesting that Europe needs to raise a standing army to protect itself from China, Russia and the United States.

Trump met with French President Emmanuel Macron this morning at Elysee Palace in Paris after slamming him Friday night in a tweet seconds after landing at Orly in Air Force One.

The president and first lady Melania Trump are on their way to France for a program celebrating the 100th anniversary of the cessation of hostilities in World War One with other world leaders.

Mr Trump and First Lady Melania’s no-show followed a row with Mr Macron over France’s contribution to Nato. Among the furious critics was Winston Churchill's grandson.

While France was reeling from images of violence in Paris, the French leader announced he would use the newly signed EU Brexit deal to try to ‘leverage’ concessions from the UK on fishing rights.

DOMINIC LAWSON: We mustn't gloat about the public uprising in Paris. Some of it has involved setting fire to buildings. And there are some pretty unpleasant types among the demonstrators.

Emma Watson attended the first meeting for the G7 (Group of Seven) Advisory Council For Gender Equality with French President Emmanuel Macron in Elysee Palace, Paris on Tuesday.

Mrs May is risking civil war with her own party by pursuing a softer Brexit with Boris Johnson calling it a 'surrender' and warning his party leader: 'It cannot, must not and will not happen'.

Kelly Brook revealed she was left mortified after an extremely embarassing incident at Madonna's house 20 years ago.

Vladimir Putin vowed to prevent the emergence of mass protests yesterday speaking to French President Emmanuel Macron in southern France .

Emmanuel Macron and Justin Trudeau were pictured sharing a warm embrace in Paris today, as they met to discuss a new EU-Canada trade deal. 

President Trump was said to have made remarks about Justin Trudeau and Emmanuel Macron to more than a dozen United Nations ambassadors in a closed-doors meeting at the White House.

LIZ JONES: At the Elysee Palace in Paris on Saturday, as part of Donald Trump’s visit to France to commemorate the Armistice, Melania Trump and Brigitte Macron went into battle.

LIZ JONES: In the post-MeToo age, should we really be obsessing about what the wives of the world's leaders attending the G7 summit in Biarritz are wearing?

The World Cup winner was seen smiling and shaking hands with his compatriot before the game between USA and Holland at in Lyon.

French President Emmanuel Macron warmly clasped First Lady Melania Trump's hand before a reception at 10 Downing Street after hitching a ride with the Trumps in 'the Beast.'

The 42-year-old head of state erupted in anger after officers broke diplomatic protocol by walking into Saint Anne's, in the city's Old Town, on Wednesday.