Fiscal Policy

News & Events

News

Fiscal policy in the Czech Republic

18-Nov-2011

In order to strengthen the fiscal policy framework the introduction of an explicit debt target should be considered and an independent fiscal institution should monitor and assess the budget as well as fiscal performance on all levels of government. Budgetary documentation should become more transparent and include performance indicators.

Global economy : OECD contributes to G20 efforts to bring public finances under control

22-Mar-2010

The OECD has produced a set of recommendations for G20 governments to help them rein in escalating – and some cases unprecedented - levels of public debt.  The recommendations focus on strategy, timing and action and looks at reforms that can strengthen public finances over the longer term. 

OECD Secretary-General Angel Gurría calls for restoring economic growth path

15-Oct-2008

OECD welcomes the co-ordinated efforts of political leaders and financial authorities to address issues of liquidity, solvency and recapitalisation of the financial system. Looking beyond crisis management, Mr Gurría said the OECD will focus on the structural implications of the financial crisis, including a more holistic culture of risk management, compensation issues, accountable management, and more effective regulation. “We will also make proposals for improved financial education and risk awareness to restore the confidence of consumers of financial services,” he added.

A golden rule for Russia? How a rule-based fiscal policy can allow a smooth adjustment to the new terms of trade

23-Jan-2007

This chapter addresses the challenge that the adjustment to sustained high oil prices poses for macroeconomic management, particularly with respect to competitiveness and inflation. Economics Department Working Paper 537 by Christian Gianella.




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