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The OECD closely monitors public expenditure trends, assesses expenditure allocation mechanisms and the extent to which these contribute to the achievement of policy goals in a cost-effective way.
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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.
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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.
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31-Jan-2012
Despite significant increases in spending on child care and education during the last decade, PISA scores suggest that educational performance remains static, uneven and strongly related to parents’ income and background. Better educational performance could improve labour market outcomes, raise growth, lower the consequences of a disadvantaged background and increase social mobility.
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05-Jan-2012
The management of government debt and assets has important implications for fiscal positions. Debt managers aim to secure non-interrupted funding at lowest medium-term costs subject to risks.
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