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  <title>OECD.org - Public finance and fiscal policy</title>
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<title><![CDATA[Making the tax system less distortive in Switzerland]]></title>
<description><![CDATA[The tax burden in Switzerland is low in international comparison, largely reflecting the substantial non-tax compulsory contributions towards the health and pension systems which are managed by private institutions. Taxation of personal income and labour earnings is relatively high, whereas the taxation of consumption is low.]]></description>
<link>http://dx.doi.org/10.1787/5k480c2rt1d3-en</link>
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<pubDate>Tue, 23 Apr 2013 12:31:00 GMT</pubDate>
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<title><![CDATA[The efficiency and equity of the tax and transfer system in France]]></title>
<description><![CDATA[Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at lower cost.]]></description>
<link>http://dx.doi.org/10.1787/5k487n4jqqg5-en</link>
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<pubDate>Wed, 03 Apr 2013 17:22:00 GMT</pubDate>
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<title><![CDATA[Measuring Fiscal Decentralisation, Concepts and Policies]]></title>
<description><![CDATA[This book deals with two issues. The first concerns the various measurement of fiscal decentralization in general and their usefulness for policy analysis. The second and more specific issue concerns the taxonomy of intergovernmental grants and the limits of the current classifications.]]></description>
<link>http://www.oecd.org/economy/public-finance/measuring-fiscal-decentralisation-concepts-and-policies.htm</link>
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<pubDate>Fri, 22 Feb 2013 12:32:00 GMT</pubDate>
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<title><![CDATA[Improving the fiscal framework to enhance growth in an era of fiscal consolidation in Slovakia]]></title>
<description><![CDATA[The challenge for fiscal policy in Slovakia is to achieve fiscal consolidation in a way which supports
the fragile recovery and protects spending on areas which are important for re-embarking on a trajectory of
high trend growth and underpinning a catch-up in living standards.]]></description>
<link>http://dx.doi.org/10.1787/5k4c9kv6b7f2-en</link>
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<pubDate>Wed, 06 Feb 2013 11:06:00 GMT</pubDate>
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<title><![CDATA[Long-term growth scenarios]]></title>
<description><![CDATA[This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. ]]></description>
<link>http://www.oecd-ilibrary.org/economics/long-term-growth-scenarios_5k4ddxpr2fmr-en</link>
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<pubDate>Tue, 29 Jan 2013 11:40:00 GMT</pubDate>
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<title><![CDATA[The equity implications of fiscal consolidation]]></title>
<description><![CDATA[In several OECD countries, ongoing fiscal consolidation might have a negative impact on the static income distribution. However, this conclusion should be treated only as an approximate first step in the analysis. ]]></description>
<link>http://www.oecd.org/economy/public-finance/2013-5.pdf</link>
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<pubDate>Wed, 16 Jan 2013 14:47:00 GMT</pubDate>
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<title><![CDATA[Improving the tax system in Indonesia]]></title>
<description><![CDATA[Indonesia has come a long way in improving its tax system over the last decade, both in terms of revenues raised and administrative efficiency. Nonetheless, the tax take is still low, given the need for more spending on infrastructure and social protection. ]]></description>
<link>http://www.oecd-ilibrary.org/economics/improving-the-tax-system-in-indonesia_5k912j3r2qmr-en</link>
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<pubDate>Tue, 06 Nov 2012 09:50:00 GMT</pubDate>
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<title><![CDATA[Public debt, economic growth and nonlinear effects: myth or reality?]]></title>
<description><![CDATA[The economics profession seems to increasingly endorse the existence of a strongly negative nonlinear effect of public debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt to GDP ratio higher than 90% of GDP is associated with considerably lower economic performance in advanced and emerging economies alike.]]></description>
<link>http://dx.doi.org/10.1787/5k918xk8d4zn-en</link>
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<pubDate>Wed, 17 Oct 2012 00:00:00 GMT</pubDate>
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<title><![CDATA[Choosing the pace of fiscal consolidation]]></title>
<description><![CDATA[In many OECD countries debt has soared to levels threatening fiscal sustainability, necessitating its reduction over the medium to longer term. This paper uses stylised simulations in a small, calibrated macroeconomic model which features endogenous interactions between fiscal policy, growth and financial markets.]]></description>
<link>http://www.oecd-ilibrary.org/economics/choosing-the-pace-of-fiscal-consolidation_5k92n2xg106g-en</link>
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<pubDate>Tue, 02 Oct 2012 00:00:00 GMT</pubDate>
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<title><![CDATA[Tackling Turkey’s external and domestic macroeconomic imbalances]]></title>
<description><![CDATA[Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis, with annual growth averaging close to 9% over 2010-11]]></description>
<link>http://dx.doi.org/10.1787/5k92smvqbb8v-en</link>
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<pubDate>Wed, 19 Sep 2012 00:00:00 GMT</pubDate>
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<title><![CDATA[Avoiding debt traps: financial backstops and structural reforms]]></title>
<description><![CDATA[In this paper we develop a simple analytical framework to analyze “good” and “bad equilibria” in public-debt and growth dynamics.]]></description>
<link>http://dx.doi.org/10.1787/5k962hhtt5mr-en</link>
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<pubDate>Mon, 30 Jul 2012 16:11:00 GMT</pubDate>
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<title><![CDATA[Implications of output gap uncertainty in times of crisis]]></title>
<description><![CDATA[This paper analyses the monetary and fiscal policy implications of output gap estimates in times of crisis. The widening of output gaps observed in major OECD economies in the wake of the recent crisis has been mainly due to total factor productivity gaps, except in the United States where it essentially resulted from a large increase in the unemployment gap.]]></description>
<link>http://dx.doi.org/10.1787/5k95xd7m3szw-en</link>
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<pubDate>Mon, 30 Jul 2012 15:34:00 GMT</pubDate>
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<title><![CDATA[Europe's new fiscal rules]]></title>
<description><![CDATA[Europe is putting in place a new system of fiscal rules following the euro area sovereign debt crisis and decades of rising government to debt-to-GDP ratios. These include the so-called "six pack" to upgrade the Stability and Growth Pact to a new Treaty incorporating the "fiscal compact".]]></description>
<link>http://dx.doi.org/10.1787/5k9777md976b-en</link>
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<pubDate>Mon, 02 Jul 2012 00:00:00 GMT</pubDate>
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<title><![CDATA[Post-crisis debt overhang: Growth implications across countries]]></title>
<description><![CDATA[Public debt in the OECD area passed annual GDP in 2011 and is still rising. This paper was prepared for the Reserve Bank of India Second International Research Conference 2012: “Monetary Policy, Sovereign Debt and Financial Stability: The New Trilemma”, 1-2 February, 2012 in Mumbai, India]]></description>
<link>http://www.oecd.org/economy/public-finance/49541000.pdf</link>
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<pubDate>Thu, 02 Feb 2012 00:00:00 GMT</pubDate>
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<title><![CDATA[Less income inequality and more growth - Are they compatible?]]></title>
<description><![CDATA[Can both less income inequality and more growth be achieved? A recent OECD study sheds new light on the link between policies that boost growth and the distribution of income. ]]></description>
<link>http://www.oecd.org/economy/public-finance/lessincomeinequalityandmoregrowth-aretheycompatible.htm</link>
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<pubDate>Mon, 23 Jan 2012 00:00:00 GMT</pubDate>
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