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Chapter 1 from Going for Growth 2009 reviews how the current recession affects the prospect for structural reform and then explores which of the policy priorities identified in the current volume to boost long-term growth are most likely to stimulate demand in the near term.
OECD Territorial Reviews: Cape Town, South Africa, aims to provide a detailed diagnosis and solutions for improving the competitiveness and governance of the Cape Town metropolitan region.
This paper analyzes the effects of fiscal convergence on business cycle volatility and growth. Our empirical results are economically and statistically significant, and robust.
The aim of this paper is to assess the ability of social spending to smooth output shocks and to provide stabilization. The results show that overall social spending is able to smooth about 16 percent of a shock to GDP.
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This report updates and extends the earlier work of the OECD on alternatives to traditional regulation, drawing on the experiences of individual countries in using alternative approaches. It also provides a framework to assist policy makers in selecting those instruments that are particularly applicable in different circumstances, facilitating the desire of many countries to reduce red tape and the burdens imposed on agents by
This report analyses the key socio-economic forces at work in China’s rural areas and discusses the current government strategy for rural development
Korea has one of the lowest tax burdens in the OECD area, reflecting its small public sector. However, rapid population ageing will put upward pressure on government spending.
This overview paper examines the financial crisis in light of past country experience and economic theory and sets out some preliminary policy recommendations.
The 6th annual meeting of OECD-Asian Senior Budget Officials, hosted by the Thai Bureau of the Budget, took place in Bangkok on 12-13 February 2009.
The fiscal deficit has been gradually brought down even in the midst of a deep recession, pro-cyclical fiscal tightening continued. Fiscal sustainability is aimed to be restored by the recent reforms.