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English | View long abstract
17-Jul-2008
The gains of recent fiscal-institutional reforms and vigorous fiscal consolidation should be preserved, and credibility enhanced, in the wake of transition from IMF monitoring.
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English | View long abstract
25-Jun-2008
The broad consolidation programme has succeeded in cutting the fiscal deficit. It is important to secure the results achieved. Reforms in the public administration and pensions are noteworthy.
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English | View long abstract
11-Jun-2008
Monetary policy should be tightened to lower the risk of higher inflation. Fiscal policy could also help achieve a better policy mix.
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English | View long abstract
03-Jun-2008
Greater competition in the delivery of social services would spur productivity growth and facilitate economic diversification, particularly in light of the rapid aging of the population.
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English | View long abstract
16-Apr-2008
Tax receipts are increasing at a slower pace as economic growth eases. The expansion in public spending needs to moderate to reflect this, and better value for money will be crucial to further improving public services.
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English | View long abstract
28-Feb-2008
With a view to both enhancing spending discipline and economic stability fiscal rules need to be strengthened at both the central and local government levels.
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English | View long abstract
19-Feb-2008
In August 2007, the Danish government presented its 2015 Strategy. It makes fiscal sustainability an overarching objective for budgeting and government policies. Nevertheless, clearer mechanisms are needed to prevent spending overruns in regional and local authorities, this report argues.
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English | View long abstract
26-Nov-2007
The authorities plan to raise budgetary allocations over the medium term for a variety of social programmes, including education, health care and housing. This incremental spending will need to be carried ...
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English | View long abstract
20-Sep-2007
The single market needs to be underpinned by better regulation. The EU is taking some good steps in this direction and could strengthen its law-making process even further.
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English | View long abstract
22-May-2007
Fiscal and development challenges for sub-national governments need to be helped by more transparent financing arrangements and greater use of scale economies in public services.
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