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This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances.
English, PDF, 1,159kb
To what extent can public deficits increase without putting fiscal sustainability at risk, given the specific current macroeconomic situation of protracted low growth and low interest rates, combined with relatively high government debt levels?
English, PDF, 1,042kb
An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components.
English, PDF, 1,426kb
This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies.
English, PDF, 1,940kb
To investigate how public finances could best be designed to promote long-run growth and address inequality, it is essential to have comprehensive, cross-country comparable data on government spending and revenues, along with structural and policy indicators.
English, PDF, 2,110kb
This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and inequality.
The effective use of school resources is a policy priority across OECD countries. The OECD Reviews of School Resources explore how resources can be governed, distributed, utilised and managed to improve the quality, equity and efficiency of school education.
The series considers four types of resources: financial resources, such as public funding of individual schools; human resources, such as teachers, school leaders and education administrators; physical resources, such as location, buildings and equipment; and other resources, such as learning time.
This series offers timely policy advice to both governments and the education community. It includes both country reports and thematic studies.
Mayors and local leaders from around the world launched today a plan of action to help tackle inequality, boost job creation and harness economic development.
This report examines the green growth potential and identifies best practices for policy and governance as well as ways to strengthen current practices. As the third largest city in Vietnam, Hai Phong’s economy is growing remarkably at an average rate of 8.7% (2015) in tandem with the growth of the Hai Phong Port. Economic growth and urbanisation, however, have posed serious environmental challenges, including: increased greenhouse gas emissions from industry and transport; rapid depletion of underground water sources; pollution of water sources from untreated commercial, medical, domestic and agricultural waste water; and inefficient waste management, where less than 10% of domestic waste is composted and recyclable materials are mixed with other waste and landfilled. Furthermore, Hai Phong ranks among the 20 cities most vulnerable to costal flooding due to climate change. Nevertheless, there is much untapped potential for green growth in Viet Nam and Hai Phong city. The ultimate goal is to build a stronger, more resilient and greener city.
In 2014, Spain launched a set of administrative reforms called “The CORA reform” as part of broader fiscal reforms. The CORA was a comprehensive and ambitious programme to create conditions for a more transparent public administration closer to citizens and businesses. The reforms were the subject of an OECD Public Governance Review undertaken in 2014. This progress report, the first of its kind, analyses how the OECD recommendations in the 2014 review have been implemented so far at the national level. In addition, it describes how the autonomous communities Galicia and Murcia have implemented the recommendations, and discusses the challenges that remain for achieving effective co-ordination and closer collaboration between the central and the regional levels in the area of public sector reform.