Public Finance

Two objectives of budgetary policy are an efficient allocation of resources subject to a fair distribution of income and a stable macroeconomic environment. The OECD pursues empirical analysis to underpin budgetary policy recommendations in both these areas.

Permanent URL: www.oecd.org/eco/public_finance

What's new

The impact of changes in second pension pillars on public finances in Central and Eastern Europe

09-Feb-2012

This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European Countries on the deficit and implicit debt of their full pension systems.

Public Finance in Finland

07-Feb-2012

While the budget deficit is small, current fiscal plans are not ambitious enough to deal with future fiscal challenges related to an ageing population. Increases in the retirement age and tightening early retirement schemes would – together with labour market reforms – address these challenges.

Consolidating Public Finance in Denmark

26-Jan-2012

Denmark stands out as a country with sound public finances. However, a better control of public expenditure would help to ensure long-term fiscal sustainability without raising the already high tax burden, which acts as a drag on economic growth.

Less income inequality and more growth - Are they compatible?

23-Jan-2012

Less income inequality and more growth - can both be achived? A recent OECD study sheds new light on the link between policies that boost growth and the distribution of income.

Under shock: How to spread macroeconomic risks more fairly

23-Jan-2012

Macroeconomic crises and shocks often cause large and unforeseen income and employment losses. Such losses tend to be unevenly spread across the population, often with the greatest impact on the poor and most vulnerable sections of society.

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