Europe's new fiscal rules

Europe is putting in place a new system of fiscal rules following the euro area sovereign debt crisis and decades of rising government to debt-to-GDP ratios. These include the so-called "six pack" to upgrade the Stability and Growth Pact to a new Treaty incorporating the "fiscal compact".

Credit crises and the shortcomings of traditional policy responses

Economic downturns which have their roots in preceding credit excesses and debt overhang have tended historically to be long lasting, whether the financial sector remained healthy or not.

OECD Working Party No. 6 releases a discussion draft on the Transfer Pricing Aspects of Intangibles

OECD Working Party No. 6 releases a discussion draft on the Transfer Pricing Aspects of Intangibles

OECD Working Party No. 6 invites comments on certain transfer pricing timing issues

OECD invites comments on certain transfer pricing timing issues

OECD Working Party No. 6 releases a discussion draft on the revision of the Safe Harbours section of the Transfer Pricing Guidelines

OECD releases a discussion draft on the revision of the Safe Harbours section of the Transfer Pricing Guidelines.

Ensuring debt sustainability amid strong economic uncertainty in Hungary

Despite a deep recession in 2009 and weak growth in subsequent years, Hungary’s fiscal position compares favourably with many other OECD countries.

Related Documents

• Economic Survey of Hungary 2012

Fiscal Federalism Network Working Papers

Working papers for the fiscal federalism network

Related Documents

• OECD Fiscal Decentralisation Database

Options for benchmarking infrastructure performance

Three main approaches can be used to assess infrastructure performance. The first employs macro econometric techniques to estimate the impact of the existing infrastructure capital stock on growth and to infer its growth maximising level.

Bringing Belgian public finances to a sustainable path

Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the sustainability of public finances.

Related Documents

• Economic Survey of Belgium 2011

Tax reform in Norway: a focus on capital taxation

Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly undermining economic performance and while paying attention to environmental externalities.

Related Documents

• Economic Survey of Norway 2012