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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.
What's new
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17-Jul-2008
Turkey should adopt tougher fiscal rules and reform its labour market to boost its economic performance, according to this new OECD report.
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25-Jun-2008
The broad consolidation programme has succeeded in cutting the fiscal deficit. It is important to secure the results achieved. Reforms in the public administration and pensions are noteworthy.
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11-Jun-2008
Canada’s economic performance has been among the best in the OECD as a sound policy framework has enabled the country to take advantage of strong global growth and soaring terms of trade. The economy has adapted well to recent shocks, as labour and capital have shifted rapidly from manufacturing towards the resource and service sectors, with strong net job increases.
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11-Jun-2008
How to make the recent growth performance more sustainable? How to achieve a better macro-economic policy mix? How to raise work incentives and economic efficiency? How best to stimulate the supply of affordable housing in major cities? How to improve transport infrastructure rapidly?
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03-Jun-2008
The Finnish economy has been performing well but risks are mounting. Imbalances are building in the labour market and the wage negotiation framework needs to be overhauled. There is scope for improvement in the municipal sector as well as in tertiary education, and the tax mix could be made more efficient.
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Just released
How deep is the impact of the recent oil and credit shocks on the productive potential of OECD economies?
Issue No. 83
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