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18-Nov-2011
With slow growth and high inequality Mexico needs investments in infrastructure, education and social policies. Mexico has increased spending in all of these areas. This was easily financed thanks to fiscal reforms in 2007 and 2009 as well as high oil prices in recent years.
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26-Oct-2011
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential reasons for these low investment rates and discusses policy options to achieve faster capital accumulation.
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20-Sep-2011
Iceland has managed its large fishing industry in a sustainable and profitable way. The foundations of this success are setting Total Allowable Catches (TACs) based on scientific recommendations of what is biologically sustainable and the Individual Transferable Quota (ITQ) system, which gives each holder the right to catch a certain of the TAC in various species.
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02-Aug-2011
Greek fiscal consolidation requires rapid and meaningful progress in tax collection efficiency. Fighting tax evasion and improving the tax system needs to continue. Efforts also need to visibly ensure a fair burden-sharing of the adjustment.
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18-Feb-2011
A sustainable consolidation of public finances is necessary to maintain investor confidence. The proposed pension reform is a step in the right direction, but a more comprehensive reform is needed to address the issue of long-term fiscal sustainability.
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