The aim of this paper is to analyze the relation between the volatility of government consumption and country size. The results are robust to different time and country samples, different econometric techniques and to several sets of control variables.
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This is the translation into Chinese of the executive summary and Chapter 1 of the OECD Review on Regulatory Reform in China: Defining the Boundary between the Market and the State, released in English on 7 May 2009.
The OECD has developed tools to answer the increasing demand for statistical information at the regional level: the OECD Regional Database; the Working Party on Territorial Indicators; and the series OECD Regions at a Glance.
The 2nd annual OECD Symposium on Public-Private Partnerships was held on 5-6 March 2009 in Paris. The meeting focused on the practical issues concerning PPPs and in particular on the role that special government PPP units can play in making PPPs effective, efficient and value for money.
The Italian Chamber of Deputies hosted the first annual meeting of OECD parliamentary budget officials in Rome, 26-27 February 2009. The meeting opened with a welcome address by Rosy Bindi, Vice-President of the Italian Camera dei deputati.
Euro Area entry calls for more fiscal flexibility to absorb cyclical shocks that cannot be dealt with by the common monetary policy. At the same time fiscal consolidation must not be put at risk, especially given rising ageing related costs.
This report looks at how Japan monitors, prepares for and responds to floods and earthquakes. It identifies good practices and areas where improvements could be made.
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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.