Does fiscal decentralisation strengthen social capital? Cross-country evidence and the experiences of Brazil and Indonesia

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.

Economic Survey of Euro Area 2010

The euro area is recovering from a severe recession. The build-up of large economic, fiscal and financial imbalances poses a major challenge. A new cross-cutting approach to these policy areas, together with structural reforms, is now required to make national economies more stable.

The 2008-09 crisis in Turkey: performance, policy responses and challenges for sustaining the recovery

Turkey is recovering from its most severe recession in several decades.

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• Economic Survey of Turkey 2010

Regulatory reforms to unlock long–term growth in Turkey

In the 2000s, Turkey has enjoyed rapid catching–up. This was possible despite the adverse business environment, as the semi–formal and informal economy had a significant contribution to the expansion of the private sector.

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• Economic Survey of Turkey 2010

After the crisis: mitigating risks of macroeconomic instability in Turkey

Turkey is recovering from a severe recession. Once growth gains full speed, the authorities will likely face the challenge of widening external imbalances and of ensuring a smooth functioning of the financial markets.

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• Economic Survey of Turkey 2010

Fiscal-consolidation strategies for Canadian governments

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.

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• Economic Survey of Canada 2010

Economy: OECD Economic Survey of the Euro Area

The OECD’s latest economic survey of the Euro Area, to be published on Monday 13 December 2010, looks at how the the currency bloc has reacted to the severe recession and sovereign debt emergencies that followed the global financial crisis.

Economic Survey of the Slovak Republic 2010

The Slovak economy is swiftly recovering from the crisis. This Survey discusses the main challenges going forward: countering the risk of increasing long term unemployment, bringing government finances back on a sustainable path and reaping the benefits of a transition to greener growth.

OECD Economic Survey of the Slovak Republic

The OECD’s latest economic survey of the Slovak Republic, to be published on Thursday 25 November 2010, looks at how the global recession impacted the country’s trade-dependent economy, as well as factors that have boosted recovery at an above average pace.

Overview - Australia Economic Review 2010

Overview - Australia Economic Review 2010