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OECD Economic Outlook No. 66, Chapter 4. Many components of government budgets are affected by the macroeconomic situation in ways that operate to smooth the business cycle, i.e. they act as “automatic stabilisers”.
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The main focus of this working paper is on the factors of the Greek pay-as-you-go system which result in its future unsustainability.
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This working paper suggests that a successful reform of public enterprises would improve productivity in key sectors of the Greek economy, and thus provide essential inputs at lower cost to the economy as a whole.
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Chapter 4 ot the OECD Economic Outlook No. 64. EMU raises new policy issues in the euro area.
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Using overlapping generations (OLG) models calibrated on 7 OECD countries - the United States, Japan, France, Canada, Italy, the United Kingdom and Sweden - the authors investigate the macroeconomic impact of possible pension reform strategies as populations age.
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The expanding need for regulation coupled with pressures to reduce the cost of compliance has led to interest in marketable permit or obligation programmes (MPOPs). This paper presents the potential benefits and risks of MPOP's.
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This Report responds to the 1995 request by OECD Ministers that the OECD examine the significance, direction, and means of reform in regulatory regimes in Member countries.
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This publication examines how five member countries implemented budgeting reforms in 1994-95. The reforms focussed on giving spending agencies greater flexibility in using resources, in exchange for holding them responsible for achieving results.
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This collection of papers illustrates the increasing momentum of performance management developments in OECD countries and raises many common issues which must be faced when developing a focus on performance as part of overall public management reform.