Publications & Documents


  • 14-December-2010

    English

    Fiscal decentralisation and public investment: The experience of Latin America

    Despite large differences across countries, Latin America’s average investment-to-GDP ratio and the overall quality of infrastructure in the region are relatively low by international comparison.

  • 9-December-2010

    English

    Fiscal-consolidation strategies for Canadian governments

    Although Canada remains in an advantageous fiscal position relative to many other OECD countries as the global economy recovers from the 2008/09 recession, the deterioration in the country’s public finances has been substantial.

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  • 9-December-2010

    English

    The 2008-09 crisis in Turkey: performance, policy responses and challenges for sustaining the recovery

    Turkey is recovering from its most severe recession in several decades.

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  • 9-December-2010

    English

    The land transport sector: Policy and performance

    This paper provides a broad overview of policy goals and instruments and commonly used performance and policy indicators related to land transport.

  • 19-November-2010

    English

    Towards a less distortive and more efficient tax system in Portugal

    The process of fiscal consolidation and the need to step up the poor long term economic performance provide an opportunity to implement tax measures to improve efficiency and rebalance the economy.

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  • 18-November-2010

    English, , 546kb

    EO88 Chapter 4: Fiscal consolidation: requirements, timing, instruments and institutional arrangements

    This chapter discusses the size of current consolidation requirements and the pace at which budget positions should be strengthened in the context of a set of macroeconomic projections to 2025.

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  • 18-November-2010

    English

    Are global imbalances sustainable? Shedding further light on the causes of current account reversals

    Large shifts in countries’ external current account positions can be disruptive, often reflecting sudden stops in the flows of external finance and leading to exchange rate and banking crises.

  • 15-November-2010

    English

    Turkey's improving integration with the global capital market: Impacts on risk premia and capital costs

    Turkey has considerably improved its terms of access to the global capital market. Progress in macroeconomic fundamentals has enhanced credibility and reduced risk premia and capital costs.

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  • 1-November-2010

    English

    Phasing out energy subsidies in Indonesia

    The oil price hike in 2007-08 underlined the vulnerability of Indonesia’s energy subsidy policy to oil price volatility. In addition to entailing significant economic and environmental costs, energy subsidies put pressure on the public budget and benefit mostly rich households.

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  • 25-October-2010

    English

    United States: Restoring fiscal sustainability

    The United States faces challenging budgetary prospects, as do most other OECD countries. The federal budget deficit widened considerably during the recession, reaching about 10% of GDP in both 2009 and 2010, reflecting the operation of automatic stabilizers and the policy response to the crisis

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