What are the reasons for and the costs of Latin America's volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new...

Less than two years after the start of the COVID-19 pandemic, Russia’s illegal, unprovoked and unjustifiable war of aggression against Ukraine has triggered the biggest military confrontation in Europe since World War II. Many OECD countries have reacted to Russia’s aggression by providing...

This report sets out some of the short-, medium- and long-term challenges for fiscal policy in the Dominican Republic. The population’s spending demands must be met but macroeconomic sustainability must be maintained. In particular, public finances must be sustainable in the long term to...

Foreword -- Macro-economic policy -- Trade -- Investment -- Financial regulation -- Science, technology & innovation -- Overview -- Economic Governance -- Taxation -- Anti-corruption -- Illicit financial flows -- Overview -The Environment and Natural resource Security -- Climate change -- Food...