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  • 26-June-2013

    English

    Public spending on health and long-term care: a new set of projections

    This paper provides new projections of public spending on health and long-term care for OECD countries and the BRIICS countries (Brazil, Russia, India, Indonesia, China and South Africa). Despite the inevitable uncertainty surrounding projections, they suggest a rapidly rising trend over the next 50 years.

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  • 26-June-2013

    English

    Restructuring welfare spending in Slovenia

    Restoring fiscal sustainability is a major challenge in Slovenia. Yet, the performance in terms of expenditure control is poor and public expenditure on social spending increased briskly during the crisis, significantly more than on average across the OECD.

  • 26-June-2013

    English

    Banks’ restructuring and smooth deleveraging of the private sector in Slovenia

    Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant bank recapitalisation.

  • 26-June-2013

    English

    Assessing the efficiency of welfare spending in Slovenia with data envelopment analysis

    This paper derives estimates of the efficiency of welfare spending in Slovenia and the other OECD countries from data envelopment analysis based on model specifications used in earlier OECD studies.

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  • 25-June-2013

    English

    A projection method for public health and long-term care expenditures

    This paper proposes a new set of public health and long-term care expenditure projections until 2060, seven years after a first set of projections was published by the OECD. It disentangles health from long-term care expenditure, as well as the demographic from the non-demographic drivers, and refines the previous methodology, in particular by extending the country coverage.

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  • 21-June-2013

    English

    Better civil justice systems can boost investment, competition, innovation and growth, OECD says

    Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.

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  • 11-June-2013

    English

    Policy determinants of school outcomes under model uncertainty: evidence from South Africa

    In this paper we assess the determinants of secondary school outcomes in South Africa. We use Bayesian Averaging Model techniques to account for uncertainty in the set of underlying factors that are chosen among a very large pool of explanatory variables in order to minimize the risk of omitted variable bias.

  • 11-June-2013

    English

    The 90% public debt threshold: the rise and fall of a stylised fact

    This paper puts the original Reinhart-Rogoff dataset, made public by Herndon et al. (2013), to a formal econometric test to pin down debt thresholds endogenously. We show that the nonlinear relation from debt to growth is not very robust.

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  • 11-June-2013

    English

    Challenges to sustain Poland’s growth model

    Notwithstanding a very strong economic performance over the past decade or so, Poland’s per capita income is substantially lower in comparison with the United States and per capita income growth will be sharply slowing down over the coming decades under the scenario of gradual policy changes mostly because of population ageing.

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  • 31-May-2013

    English

    Reforming agriculture and promoting Japan's integration in the world economy

    The problems of Japanese agriculture – in particular low productivity and the prevalence of part-time farmers and small plots have been evident for the past 50 years.

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