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These country notes detail the fiscal situation to date (2011), the consolidation needs, and the commitments and intentions of governments in 30 OECD countries in the aftermath of the economic crisis.
This review addresses the needs of national and regional governments for greater clarity on how to strengthen the innovation capacity of regions to boost national performance. It is part of wider OECD work on regional development and supports the OECD Innovation Strategy.
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.
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.
This workshop, hosted in Montreal, discussed how the production of renewable energy could represent a development opportunity for rural regions.
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.
Governments and central banks have implemented wide-ranging support packages in response to the global crisis. Discretionary fiscal measures, coupled with cyclical revenue losses and expenditure hikes, have resulted in a sharp increase in budget deficits, which are projected to peak at 8¼ per cent of GDP in the OECD area as a whole in 2010. How to get out of this dangerous spiral? How can we address this challenge while at the same
This review examines Québec's rural policy approach, which aims at community empowerment and land occupancy, and presents recommendations for integrating social, economic and entrepreneurial development and implementing stabilisation measures in lagging areas.
English, , 119kb
The following executive summary describes successful practices of regulatory management and competitiveness enhancement in the British Columbia, Canada.