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Portugal has made significant progress in modernising its economy over recent years but the country needs to further pursue structural reforms to restore competitiveness and thus move to more dynamic and sustainable growth.
The US economy is slowly recovering from the severe recession caused by the financial crisis. While monetary and fiscal support remains essential in a context of high unemployment, the focus will subsequently need to shift to reducing the large budget deficit and reversing the rise in public deb
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Korean version of Health-Care Reform in Korea(Economics Department Working Papers No. 797)
At the heart of the crisis are failures of financial regulation, of supervision, of risk management and of corporate governance.
Hungary has faced a considerable challenge to regain credibility following persistent and high fiscal deficits. Efforts during recent years have produced substantial results. These and other points are discussed in this working paper.
- Economic Survey of Hungary 2010
The economy is recovering from an externally driven recession. Public spending growth must be restrained as planned starting in 2011 to put public finances onto a sustainable path, including in the health sector where efficiency gains and quality improvements are possible.
This paper presents a simulation model of the main budget aggregates of federal, provincial and territorial governments in Canada. It also contains an analysis of the cyclicality of Canadian governments’ fiscal policies between 1984 and 2007.
The aim of this paper is to assess the consequences of banking crises for public debt. Using an unbalanced panel of 154 countries from 1980 to 2006, the paper shows that banking crises are associated with a significant and long-lasting increase in government debt.
Growth and Sustainability in Brazil, China, India, Indonesia and South Africa is based on the proceedings of a conference, organised by the OECD, on the growth performance of these large emerging-market economies.
List of all Economics Department Working Papers.