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South Africa’s macroeconomic framework has served the economy well, but should be strengthened to make the economy more resilient to external shocks.
Slovenia has been hit hard by the global crisis, but started to recover gradually. This Survey discusses policies to rapidly rebalance the Slovenian economy, restore competitiveness, improve the performance of the education system, and create a friendlier environment for foreign direct investmen
Raising efficiency in tax collection (notably VAT) is urgently needed, plans to unify the collection of tax and social security contributions should be implemented swiftly and drawing on EU funds needs to become more efficient.
The housing market figures among the main determinants of labour mobility, as households seldom make employment and housing decisions independently of each other.
Closing the income gap with the OECD and enhancing distribution of growth requires reforms in many fronts. Better functioning labour and product markets and investment in skills and infrastructure would boost productivity, while well-designed social and education policies can reduce inequalities
As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant control over money market interest rates.
This paper analyses the factors influencing the level and volatility of real house prices in a panel of OECD countries over the period 1980-2005.
There is growing interest in the role of independent fiscal institutions, or fiscal councils, in helping to improve fiscal performance.
This paper tests the hypothesis that, by giving people more voice in the government decision-making process, fiscal decentralisation fosters social capital, measured in terms of interpersonal trust.
Despite large differences across countries, Latin America’s average investment-to-GDP ratio and the overall quality of infrastructure in the region are relatively low by international comparison.