Budget treatment

The growing burden of healthcare expenditure on public budgets is hardly a recent phenomenon. For 15 years before the onset of the financial crisis, health spending per capita had been going up by over 4% per year in real terms across the OECD area-much faster than growth in real incomes. Nearly all OECD countries will soon have nearuniversal healthcare coverage-an historic achievement. But health now accounts for over 9% of GDP on

Reforming the labour market in Spain

After steady employment growth since the 1990s, Spain has experienced the sharpest increase in unemployment among OECD countries during the crisis, amplified by structural problems of the labour market.

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• Economic Survey of Spain 2010

To move or not to move: what drives residential mobility rates in the OECD?

Residential mobility is closely tied to housing market forces and has important implications for labour mobility and the efficient allocation of resources across the economy.

Strengthening the macroeconomic policy framework in South Africa

South Africa’s macroeconomic framework has served the economy well, but should be strengthened to make the economy more resilient to external shocks.

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• Economic Survey of South Africa 2010

Benefits and challenges of a long-term perspective in financial activities : making the most of capital flows

OECD Secretary-General talks of the need to promote a significant shift in policy-making to introduce together a new era that favours long term investments for sustainable development, at the Eurofi High Level Seminar in Paris.

Economic Survey of Slovenia 2011

Slovenia has been hit hard by the global crisis, but started to recover gradually. This Survey discusses policies to rapidly rebalance the Slovenian economy, restore competitiveness, improve the performance of the education system, and create a friendlier environment for foreign direct investmen

Quarterly National Accounts - GDP Growth - Fourth Quarter 2010, OECD

Gross domestic product (GDP) in the OECD area grew by 0.4% in the fourth quarter of 2010, down from the 0.6% growth recorded in the previous quarter.

Macroeconomic impact of Basel III

The estimated medium-term impact of Basel III implementation on GDP growth is in the range of -0.05 to -0.15 percentage point per annum.

The policy and institutional drivers of economic growth across OECD and non-OECD economies: new evidence from growth regressions

After the onset of the crisis, unemployment in Sweden increased markedly, though much less than expected and than during the early 1990s, even as participation in the labour market held up well.

The fiscal imperative

The crisis has left a legacy of nearly bankrupt governments. There is little doubt that all countries among the advanced economies are now in urgent need of implementing a credible medium-term fiscal consolidation strategy, argues Jean-Claude Trichet, president of the European Central Bank.