Publications & Documents

  • 18-February-2009


    Financial crises: past lessons and policy implications

    This overview paper examines the financial crisis in light of past country experience and economic theory and sets out some preliminary policy recommendations.

  • 11-February-2009


    Economic Survey of Hungary 2010: Sustaining the momentum of fiscal reform

    The fiscal deficit has been gradually brought down even in the midst of a deep recession, pro-cyclical fiscal tightening continued. Fiscal sustainability is aimed to be restored by the recent reforms.

  • 10-February-2009


    Health Care Reform in the United States

    In spite of improvements, on various measures of health outcomes the United States appears to rank relatively poorly among OECD countries. Health expenditures, in contrast, are significantly higher than in any other OECD country.

  • 9-February-2009


    Economic Survey of the Slovak Republic 2009: Achieving fiscal flexibility and safeguarding sustainability

    Euro area entry calls for more fiscal flexibility to absorb cyclical shocks that cannot be dealt with by the common monetary policy. At the same time fiscal consolidation must not be put at risk, especially given rising ageing related costs.

  • 27-January-2009


    Making the most of Norwegian schools

    Traditionally, the Norwegian compulsory education system has focused strongly on the linked goals of equal opportunities to learn, comprehensive and inclusive education.

  • 23-January-2009

    English, , 799kb

    Financial crises: Past lessons and policy implications

    This overview paper examines the financial crisis in light of past country experience and economic theory and draws preliminary policy recommendations.

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  • 16-January-2009


    Can the financial sector continue to be the main growth engine in Luxembourg?

    Luxembourg is today one of the main international centres for investment funds. Besides the sector’s direct and indirect employment effects, the most important effect is the large tax revenue generating capacity of the sector, accounting directly for over 20% of aggregate tax revenues.

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  • 14-January-2009


    Economic Survey of the Euro Area 2009: Fiscal Policy

    The economic downturn and the financial turmoil are intensifying fiscal pressures. In the longer-term, progress towards fiscal sustainability and improving the quality of the public finances remain priorities.

  • 12-August-2008


    Tax reform for efficiency and fairness in Canada

    In a context of fiscal surpluses,the Canadian government has been: markedly reducing corporate income and capital taxes; providing more personal tax relief especially at lower incomes and above all for saving; and cutting the federal value added tax (GST).

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  • 25-April-2008

    English, , 1,070kb

    The drivers of public expenditure on health and long-term care: An integrated approach

    This paper proposes a framework for projecting public health and long-term care expenditures. It considers demographic and other (non-demographic) drivers of expenditures. The paper extends demographic drivers by incorporating death-related costs and the health status of the population. Concerning health care, the projections incorporate income and the effects of technology cum relative prices. For long-term care, the effects of

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