The impact of changes in second pension pillars on public finances in Central and Eastern Europe

This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European Countries on the deficit and implicit debt of their full pension systems.

Post-crisis debt overhang: Growth implications across countries

Public debt in the OECD area passed annual GDP in 2011 and is still rising. This paper was prepared for the Reserve Bank of India Second International Research Conference 2012: “Monetary Policy, Sovereign Debt and Financial Stability: The New Trilemma”, 1-2 February, 2012 in Mumbai, India

Reforming education in England

Despite significant increases in spending on child care and education during the last decade, PISA scores suggest that educational performance remains static, uneven and strongly related to parents’ income and background.

Related Documents

• Economic survey of the United Kingdom 2011

Income inequality and growth - The role of taxes and transfers, Economics Department Policy Note No. 9

Inequality in labour income - What are its drivers and how can it be reduced? Economics Department Policy Note No. 8

Less income inequality and more growth - Are they compatible?

Can both less income inequality and more growth be achieved? A recent OECD study sheds new light on the link between policies that boost growth and the distribution of income.

Inequality in labour income - What are its drivers and how can it be reduced? Economics Department Policy Note No. 8

Inequality in labour income - What are its drivers and how can it be reduced? Economics Department Policy Note No. 8

Less income inequality and more growth – are they compatible? Part 4. Top incomes

Over the past decades, top incomes have soared, especially in the English-speaking countries. Despite a considerable amount of research on top income developments, there is still substantial disagreement about the causes for their rapid increase.

Less income inequality and more growth – are they compatible? Part 3. Income redistribution via taxes and transfers across OECD countries

Taxes and transfers reduce inequality in disposable income relative to market income. The effect varies, however, across OECD countries.

Fiscal consolidation: Part 6. What are the best policy instruments for fiscal consolidation?

OECD countries face daunting fiscal challenges following the substantial surge in debt-GDP ratios during the past four years, from already high levels in many cases.

Fiscal consolidation: Part 3. Long-run projections and fiscal gap calculations

During the economic and financial crisis, fiscal positions across the OECD countries deteriorated sharply. This raises the question of what level of primary deficit would ensure long-term sustainability and what degree of consolidation is needed.