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OECD: Achieving a Resilient Economic Recovery

The recovery from the Great Recession has been slow and arduous, and has at times threatened to derail altogether. However, the major advanced economies are finally gaining traction and momentum. Private-sector confidence is rebuilding. After years of weakness, investment and

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OECD: Latin America’s Outlook Clouded by Asia’s Slowdown and Financial Uncertainty

The external scenario is less favourable for the region due to the downturn in global trade, the moderation in commodity prices and the increased uncertainty surrounding global financing conditions. General Overview The euro area’s weak economic performance, the slowdown in

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OECD: Time, Trade and Trade Facilitation

Time is money and a lot of money and opportunities are being lost due to painstakingly long customs procedures, waiting times at ports and long lead times. Although “time is money” is a universal idiom, few have looked into how

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Pier Carlo Padoan, OECD: A New Era for the Euro Area

The euro area is entering a new era. The importance of [approval by the German constitutional court of the European Stability Mechanism (ESM)] and the European Central Bank’s (ECB) new Outright Monetary Transactions (OMT) programme set out recently cannot be

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OECD: Ominous Signs for International Investment

By Michael Gestrin, OECD After two years of steady gains, international M&A activity plunged by $107 billion, or 45%, in the first quarter of 2012. This is the second lowest level of international M&A since the start of the global

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The OECD Believes That the Eurozone Crisis is the Largest Single Threat to the Global Economy

The 17 nations that use the euro will see their economies shrink 0.1% this year, before showing weak growth of 0.9% next year, the OECD predicts. This compares with 2.4% growth in the US economy this year, with 2.6% predicted

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