The current monetary policy framework in several Latin American countries, combining inflation targeting and a floating exchange-rate regime, has contributed to disinflation by anchoring expectations around low, stable levels. This paper uses co-integration analysis to estimate simultaneously a...

The deployment of RFID brings significant economic promise. But is RFID sufficiently secure and privacy-friendly ? This paper clarifies the capabilities and limitations of RFID, identifies the associated security and privacy challenges, and suggests measures that can be implemented to address them.

The launch of the euro reinforces the foundations for unprecedented economic integration encompassing 11 countries, 16 per cent of world GDP and 290 million people. For the first time, the OECD has studied the euro-area as a fully-fledged economic entity and has analysed the intensive...