Publications & Documents


19-November-2010

English

Towards a less distortive and more efficient tax system in Portugal

The process of fiscal consolidation and the need to step up the poor long term economic performance provide an opportunity to implement tax measures to improve efficiency and rebalance the economy.

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18-November-2010

English

Are global imbalances sustainable? Shedding further light on the causes of current account reversals

Large shifts in countries’ external current account positions can be disruptive, often reflecting sudden stops in the flows of external finance and leading to exchange rate and banking crises.

18-November-2010

English, , 546kb

EO88 Chapter 4: Fiscal consolidation: requirements, timing, instruments and institutional arrangements

This chapter discusses the size of current consolidation requirements and the pace at which budget positions should be strengthened in the context of a set of macroeconomic projections to 2025.

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