Economics Department Policy Notes

These series of Policy Notes and Policy Papers are designed to make available, to a wider readership, selected studies which the Department has prepared for use within OECD.

Ensuring debt sustainability amid strong economic uncertainty in Hungary

Despite a deep recession in 2009 and weak growth in subsequent years, Hungary’s fiscal position compares favourably with many other OECD countries.

Related Documents

• Economic Survey of Hungary 2012

Options for benchmarking infrastructure performance

Three main approaches can be used to assess infrastructure performance. The first employs macro econometric techniques to estimate the impact of the existing infrastructure capital stock on growth and to infer its growth maximising level.

Bringing Belgian public finances to a sustainable path

Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the sustainability of public finances.

Related Documents

• Economic Survey of Belgium 2011

Fiscal consolidation: How much, how fast and by what means? OECD Economic Policy Papers, No. 1

Fiscal consolidation: How much, how fast and by what means? OECD Economic Policy Papers, No. 1

What are the best policy instruments for fiscal consolidation? OECD Economics Department Policy Notes, No. 12

Large fiscal challenges will pre-occupy OECD governments for some time to come. The economic crisis that began in 2008 caused deficits to surge, and fiscal imbalances were swollen further by stimulus measures and bank rescue operations.

Fiscal consolidation: How much is needed to reduce debt to a prudent level? OECD Economics Department Policy Notes, No. 11

Fiscal consolidation: How much is needed to reduce debt to a prudent level? OECD Economics Department Policy Notes, No. 11

Fiscal Consolidation: How much, how fast and by what means?

The economic crisis has led to a surge in government deficits and pushed public indebtedness to 100% of GDP for the OECD as a whole in 2011. New research shows that bringing debt down to prudent levels will require sustained fiscal consolidation in most OECD countries.

Tax reform in Norway: a focus on capital taxation

Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly undermining economic performance and while paying attention to environmental externalities.

Related Documents

• Economic Survey of Norway 2012

Assessing the sensitivity of Hungarian debt sustainability to macroeconomic shocks under two fiscal policy reactions

Hungarian debt level has steadily increased since 2001, with the debt-to-GDP ratio reaching about 84% at end-2011.

Related Documents

• Economic Survey of Hungary 2012