European Community

About Statistics Publications & Documents Information by Topic

Economic Survey of the Euro Area 2009: Fiscal Policy

English |  View long abstract

14-Jan-2009

The economic downturn and the financial turmoil are intensifying fiscal pressures. In the longer-term, progress towards fiscal sustainability and improving the quality of the public finances remain priorities.

Etude économique de la zone euro 2007: Remettre la politique budgétaire sur la bonne voie

pdf,30Kb,French |  View long abstract

04-Jan-2007

D’un point de vue comptable, peu importe que la situation budgétaire progresse du fait d’une augmentation des impôts ou d’une réduction des dépenses. Mais dans la pratique, la distinction est très importante. Extrait ...

Economic survey of the Euro Area 2007: Putting fiscal policy back on track

pdf,31Kb,English |  View long abstract

04-Jan-2007

From an accounting point of view, it makes little difference whether the fiscal situation is improved by raising taxes or cutting spending. From an economic point of view, it does. Extract taken from ...

Economic survey of the Euro Area 2007: Putting fiscal policy back on track

English |  View long abstract

04-Jan-2007

This chapter assesses the fiscal performance and takes stock of the redesigned Stability and Growth Pact (SGP). It emphasizes the urgency of restoring the sustainability of public finances.  

Short-term pain for long-term gain: The impact of structural reform on fiscal outcomes in EMU

English |  View long abstract

13-Nov-2006

Paul van den Noord and Boris Cournède

Cette étude économétrique conclut que les réformes structurelles se traduisent par un gain pour les finances publiques. Economics Department Working Paper 522.

Restoring fiscal sustainability in the Euro Area: raise taxes or curb spending?

English |  View long abstract

07-Nov-2006

Boris Cournède and Frédéric Gonand

This study quantitatively compares the growth implications of different fiscal consolidation strategies. Economics Department Working Paper 520.

Nothing ventured, nothing gained: the long-run fiscal reward of structural reforms

English |  View long abstract

30-Jun-2006

Peter Hoeller and Claude Giorno

This paper highlights the positive long-run budgetary effects of structural reforms in the euro area.  Economics Department Working Paper 493.

New Europe, new frontiers, new opportunities, new challenges

pdf,21Kb,English |  View long abstract

28-Mar-2006

Donald J. Johnston, Secretary-General of the OECD

In this speech delivered at the European Banking and Financial Forum in Prague, the OECD's Secretary-General says that in order to represent an economic force greater than the US, and help move multilateralism ...

Welfare Reform in European Countries (OECD Social, Employment and Migration Working Paper No. 28)

pdf,700Kb,English |  View long abstract

30-Sep-2005

Herwig Immervoll, Henrik Jacobsen Kleven, Claus Thustrup Kreiner and Emmanuel Saez

This paper estimates the welfare and distributional impact of two types of welfare reform in the 15 (pre-enlargement) member countries of the European Union. The reforms are revenue neutral and financed by an overall and uniform increase in marginal tax rates on earnings.

Economic Survey of the Euro Area 2005: Putting the fiscal house in order

English |  View long abstract

12-Jul-2005

Failure of several euro area countries to abide by the fiscal rules results from blurred incentives, and weak surveillance and enforcement. Addressing these problems requires solid budget institutions.