Publications & Documents


12-January-2012

English

Fiscal consolidation: Part 1. How much is needed and how to reduce debt to a prudent level?

The economic and financial crisis was the catalyst for a fiscal crisis that engulfs many OECD countries. In most countries, budget deficits soared as a result of the economic slump, weaker revenues and the policy response to the crisis.

12-January-2012

English

Fiscal consolidation: Part 6. What are the best policy instruments for fiscal consolidation?

OECD countries face daunting fiscal challenges following the substantial surge in debt-GDP ratios during the past four years, from already high levels in many cases.

12-January-2012

English

Fiscal consolidation: Part 3. Long-run projections and fiscal gap calculations

During the economic and financial crisis, fiscal positions across the OECD countries deteriorated sharply. This raises the question of what level of primary deficit would ensure long-term sustainability and what degree of consolidation is needed.

12-January-2012

English

Less income inequality and more growth – are they compatible? Part 4. Top incomes

Over the past decades, top incomes have soared, especially in the English-speaking countries. Despite a considerable amount of research on top income developments, there is still substantial disagreement about the causes for their rapid increase.

12-January-2012

English

Less income inequality and more growth – are they compatible? Part 3. Income redistribution via taxes and transfers across OECD countries

Taxes and transfers reduce inequality in disposable income relative to market income. The effect varies, however, across OECD countries.

12-January-2012

English

Fiscal consolidation: Part 5. What factors determine the success of consolidation efforts?

The global economic and financial crisis exacerbated the need for fiscal consolidation in many OECD countries.

2-January-2012

English

Resource flows and trends in fragile states

This annual DAC-INAF report serves as a tool to better monitor the levels, timing and composition of resource flows to fragile states, and presents salient facts on aid flows to fragile states, the impact on fragile states of the three crises and the need for a whole-of-government response.

2-January-2012

English

Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels

This publication provides preliminary, quantitative estimates of direct budgetary support and tax expenditures supporting the production or consumption of fossil fuels in selected OECD member countries. The information has been compiled as part of the OECD’s programme of work to develop a better understanding of environmentally harmful subsidies (EHS). It has been undertaken as an exercise in transparency, and to inform the

2-January-2012

English

Explaining the interest-rate-growth differential underlying government debt dynamics

The differential between the interest rate paid to service government debt and the growth rate of the economy is a key concept in assessing fiscal sustainability.

2-January-2012

English

Public spending efficiency in the Czech Republic: fiscal policy framework and the main spending areas of pensions and healthcare

The Czech fiscal position is generally sound and policy making is prudent. However, the fiscal framework was not strong enough to contain spending in the upturn and it would benefit from independent budget oversight.

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