Latest Documents


  • 11-January-2017

    English, PDF, 3,687kb

    Malaysia’s economic success story and challenges

    Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.

  • 22-December-2016

    English, PDF, 843kb

    Enhancing public sector efficiency and effectiveness in the Czech Republic

    Spending on public administration itself is relatively low and so are indicators of its performance.

  • 28-November-2016

    English

    Deploy effective fiscal initiatives and promote inclusive trade policies to escape from the low-growth trap

    For the last five years the global economy has been in a low-growth trap, with growth disappointingly low and stuck at around 3 per cent per year. Persistent growth shortfalls have weighed on future output expectations and thereby reduced current spending and potential output gains.

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  • 24-November-2016

    English

    The effect of the size and the mix of public spending on growth and inequality

    This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and inequality.

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  • 24-November-2016

    English

    The positive effect of public investment on potential growth

    An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components.

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  • 24-November-2016

    English

    Public finance, economic growth and inequality: A survey of the evidence

    This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies.

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  • 24-November-2016

    English

    Trends in public finance: insights from a new detailed dataset

    To investigate how public finances could best be designed to promote long-run growth and address inequality, it is essential to have comprehensive, cross-country comparable data on government spending and revenues, along with structural and policy indicators.

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  • 24-November-2016

    English

    Time to deploy the fiscal levers actively and wisely

    The role of fiscal policy has been at the heart of the policy debate since the financial crisis. With the global economy stuck in a low-growth trap and monetary policy overburdened, it is time to re-assess the use of fiscal policy levers.

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  • 24-November-2016

    English

    Most countries have room to increase public investment

    Public investment benefits current as well as future generations.

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  • 24-November-2016

    English

    Using the fiscal levers to escape the low-growth trap

    Using fiscal levers to escape the low-growth trap

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