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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
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25-Nov-2008
The number of unemployed in OECD countries is expected to rise by about 8 million people over the next two years as the most serious recession since the early 1980s takes it toll on economic activity, according to the latest OECD Economic Outlook. Watch the press conference via the link above.
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19-Nov-2008
The main challenges facing the Spanish economy are to minimise the economic costs of the current downturn, move workers shed to new jobs, and to raise sustainable productivity growth including by improving human capital formation and competition in product markets.
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17-Nov-2008
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time-varying NAIRUs are estimated for a panel of OECD economies on the basis of Phillips curve equations using Kalman filter techniques. In a second stage, the estimated NAIRUs are regressed on selected policy and institutional variables.
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13-Nov-2008
Economic activity is expected to fall by 0.9 percent in the US next year, by 0.5 percent in the Euro area and by 0.1 percent in Japan as OECD countries enter a protracted slowdown, according to latest projections. Watch the news conference to present GDP, inflation and unemployment forecasts for the three economies ahead of the G20 summit on the financial crisis on 15 November 2008.
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