4-March-2011
English, , 354kb
Global current account imbalances widened markedly in the years preceding the global economic crisis.
22-February-2011
English
South Africa’s macroeconomic framework has served the economy well, but should be strengthened to make the economy more resilient to external shocks.
2-February-2011
English
Raising efficiency in tax collection (notably VAT) is urgently needed, plans to unify the collection of tax and social security contributions should be implemented swiftly and drawing on EU funds needs to become more efficient.
18-January-2011
English
The housing market figures among the main determinants of labour mobility, as households seldom make employment and housing decisions independently of each other.
17-December-2010
English
As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant control over money market interest rates.
16-December-2010
English
This paper analyses the factors influencing the level and volatility of real house prices in a panel of OECD countries over the period 1980-2005.
15-December-2010
English
There is growing interest in the role of independent fiscal institutions, or fiscal councils, in helping to improve fiscal performance.
14-December-2010
English
This paper tests the hypothesis that, by giving people more voice in the government decision-making process, fiscal decentralisation fosters social capital, measured in terms of interpersonal trust.
14-December-2010
English
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
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.