Latest Documents


9-December-2010

English

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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9-December-2010

English

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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9-December-2010

English

The land transport sector: Policy and performance

This paper provides a broad overview of policy goals and instruments and commonly used performance and policy indicators related to land transport.

19-November-2010

English

Towards a less distortive and more efficient tax system in Portugal

The process of fiscal consolidation and the need to step up the poor long term economic performance provide an opportunity to implement tax measures to improve efficiency and rebalance the economy.

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18-November-2010

English, , 546kb

EO88 Chapter 4: Fiscal consolidation: requirements, timing, instruments and institutional arrangements

This chapter discusses the size of current consolidation requirements and the pace at which budget positions should be strengthened in the context of a set of macroeconomic projections to 2025.

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18-November-2010

English

Are global imbalances sustainable? Shedding further light on the causes of current account reversals

Large shifts in countries’ external current account positions can be disruptive, often reflecting sudden stops in the flows of external finance and leading to exchange rate and banking crises.

15-November-2010

English

Turkey's improving integration with the global capital market: Impacts on risk premia and capital costs

Turkey has considerably improved its terms of access to the global capital market. Progress in macroeconomic fundamentals has enhanced credibility and reduced risk premia and capital costs.

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1-November-2010

English

Phasing out energy subsidies in Indonesia

The oil price hike in 2007-08 underlined the vulnerability of Indonesia’s energy subsidy policy to oil price volatility. In addition to entailing significant economic and environmental costs, energy subsidies put pressure on the public budget and benefit mostly rich households.

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1-November-2010

English

Economic Survey of Indonesia 2010

Despite major progress over the last decade, more reforms are needed to meet Indonesia’s medium-term objectives for growth and poverty reduction. The Survey reviews the main challenges in the areas of energy subsidies, infrastructure, labour markets, education, health care and social protection.

25-October-2010

English

United States: Restoring fiscal sustainability

The United States faces challenging budgetary prospects, as do most other OECD countries. The federal budget deficit widened considerably during the recession, reaching about 10% of GDP in both 2009 and 2010, reflecting the operation of automatic stabilizers and the policy response to the crisis

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