Climate Change Mitigation: What do we do?

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27-Nov-2008

This publication summarises recent OECD analyses and it strengthens the main OECD message: that an ambitious and comprehensive strategy to curb greenhouse gas (GHG) emissions is economically rational.

Official OECD Documents

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04-Jun-2008

Official Unclassified OECD documents issued from 1990 to the present day. Official documents are archived by year, and within each year they can be searched by Directorate, Date, or Reference Number ...

Taxation and business environment as drivers of foreign direct investment in OECD countries

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25-Apr-2008

Dana Hajkova, Giuseppe Nicoletti, Laura Vartia and Kwang-Yeol Yoo

This paper assesses the importance of taxation on foreign direct investment, relating to bilateral FDI among OECD countries over the 1990s to new estimates of corporate tax wedges on income from FDI and ...

Less than you thought: The fiscal autonomy of sub-central governments

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25-Apr-2008

Hansjörg Blöchliger and David King

The common indicator to assess fiscal power of sub-central governments is the share of sub-central to total tax revenue. But this indicator says nothing about the true discretion sub-central jurisdictions ...

The drivers of public expenditure on health and long-term care: An integrated approach

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25-Apr-2008

Joaquim Oliveira Martins and Christine de la Maisonneuve

This paper proposes a framework for projecting public health and long-term care expenditures. It considers demographic and other (non-demographic) drivers of expenditures. The paper extends demographic ...

South Africa’s experience with monetary policy within an inflation targeting policy framework

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25-Apr-2008

Monde Mnyande

Monde Mnyande discussed the South African experience with inflation targeting. He argues that monetary policy has become more forward looking following the introduction of inflation targeting.

Monetary policy in emerging markets: The case of Indonesia

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25-Apr-2008

Hartadi Sarwono

Hartadi Sarwono discusses the Indonesian experience with inflation targeting. He emphasises rapid structural changes in post crisis Indonesia as an important feature of the country’s monetary regime.

Inflation targeting in Chile: Experience and selected issues

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25-Apr-2008

Rodrigo Valdés

Rodrigo Valdés discusses the Chilean experience with inflation targeting. He highlights a number of institutional characteristics of the Chilean regime that have contributed to, or acted as a pre requisite for, a good track record of inflation control.

Brazil: Taming inflation expectations

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25-Apr-2008

Afonso Bevilaqua, Mário Mesquita and André Minella

Afonso Bevilaqua, Mário Mesquita and André Minella discuss the conduct of monetary policy in Brazil. Their econometric analysis underscores the critical role played by the inflation targets as “attractors” for expectations.

The Czech Republic’s inflation targeting experience

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25-Apr-2008

Kateřina Šmídková

Kateřina Šmídková discusses the experience of the Czech Republic with inflation targeting. She argues that an important feature of the Czech regime is the need to build an exit strategy into the policy framework, given the country’s expected entry into the euro zone.

Latest Economic Outlook

Issue No. 84

Global downturn

Responding to the crisis