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26 Mar 2001
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Article
English
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Greater Independence for Fiscal Institutions
Nicholas Gruen, Pages: 89–115
in
OECD Journal on Budgeting
This paper seeks to outline the thinking behind a proposal contained in a recently released discussion paper by the Business Council of Australia (BCA). The BCA is Australia’s leading business body. It comprises the chief executive officers of most ...
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15 Jan 2003
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Article
English
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Government procurement: A synthesis report
Denis Audet, Pages: 149–194
in
OECD Journal on Budgeting
Governments are significant purchasers of goods and services and these markets represent huge opportunities for international trade. Measuring government procurement for a large number of countries, in a consistent manner, is not a trivial task and ...
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09 June 2004
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Article
English
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Greener Public Purchasing as an Environmental Policy Instrument
Donald Marron, Pages: 71–105
in
OECD Journal on Budgeting
Governments increasingly include environmental criteria in their purchasing decisions. For example, purchasing guidelines often require that particular products contain a minimum amount of recycled content or achieve specified levels of energy ...
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07 Dec 2005
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Article
English
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Government Performance: Lessons and Challenges
Teresa Curristine, Pages: 127–151
in
OECD Journal on Budgeting
This article concentrates on attempts by OECD countries to introduce performance-based or results-based budgeting and management. The need to enhance public sector performance has become more urgent as governments face mounting demands on public ...
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14 Jan 2002
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Article
English
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Growth effects of education and social capital in the OECD countries
Jonathan Temple, Pages: 57–101
in
OECD Economic Studies
This paper surveys the empirical literature on the growth effects of education and social capital. The main focus is on the cross-country evidence for the OECD countries, but the paper also briefly reviews evidence from labour economics, to clarify ...
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12 Dec 2008
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Article
English
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Globalisation and employment in the OECD
Margit Molnár, Nigel Pain, Daria Taglioni, Pages: 1–34
in
OECD Journal: Economic Studies
This article reviews some of the possible changes that may occur in the national labour markets of many OECD countries as a result of the internationalisation of production by multinational companies, with a particular focus on the impact of outward ...
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12 Dec 2008
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Article
English
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Globalisation and OECD consumer price inflation
Nigel Pain, Isabell Koske, Marte Sollie, Pages: 1–32
in
OECD Journal: Economic Studies
Over the past 25 years inflation has moderated considerably in all OECD economies. At the same time, the production of many goods and services has become increasingly internationalised and the level of trade between the OECD and non-OECD economies ...
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20 Sep 2011
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Article
English
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Guarantee Arrangements for Financial Promises: How Widely Should the Safety Net be Cast?
Sebastian Schich, Byoung-Hwan Kim, Pages: 201–235
in
OECD Journal: Financial Market Trends
Guarantees have become the preferred instrument to address many financial policy objectives. The incidence of financial sector guarantee arrangements that address specific policy objectives, such as supporting financial stability, protecting ...
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20 Sep 2011
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Article
English
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Global SIFIs, Derivatives and Financial Stability
Adrian Blundell-Wignall, Paul Atkinson, Pages: 167–200
in
OECD Journal: Financial Market Trends
This paper looks at Global Systemically Important Financial Institutions (GSIFIs) and the global derivatives business. The derivatives business has grown exponentially versus global GDP in sharp contrast to the primary securities on which ...
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03 Oct 2012
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Article
English
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Global imbalances and the development of capital flows among Asian countries
Naoyuki Yoshino, Pages: 81–112
in
OECD Journal: Financial Market Trends
During the current global crisis, capital inflows into Asian countries have increased, leading to excess liquidity and the risk of potential asset bubbles. A sudden reversal of these inflows would have negative effects on the economies in question ...
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09 Nov 2005
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Article
English
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Governance of Banks in China
OECD, Pages: 67–108
in
Financial Market Trends
With the economic reform in the late 1970s, it has been an objective of government policy for Chinese banks to move away from their traditional passive role of executing directives adapted to the active role in resource allocation of banks in a ...
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09 Nov 2005
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Article
English
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Guidelines for Insurers' Governance
OECD, Pages: 183–212
in
Financial Market Trends
On 28 April 2005, the OECD Council approved the Recommendation on Guidelines for Insurers’ Governance. Guidelines were first endorsed by the OECD Insurance and Private Pensions Committee in collaboration and wide consultation with the 30 member ...
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09 Nov 2005
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Article
English
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Global Pension Statistics Indicators
OECD, Pages: 213–230
in
Financial Market Trends
In 2002, the OECD launched, through the Working Party on Private Pensions and the Task Force on Pension Statistics,1 the Global Pension Statistics Project,2 which aims to establish a harmonised set of statistics and indicators related to funded ...
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17 Mar 2005
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Article
English
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Global Pension Statistics Project: Data Update
OECD, Pages: 191–194
in
Financial Market Trends
The statistical exercise covers an extensive range of indicators. At this stage of the data collection, most of the relevant information was collected on autonomous pension funds, the fund type for which most of the detailed information was ...
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11 July 2007
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Article
English
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Government Debt Management and Bond Markets in Africa
Hans J. Blommestein, Greg Horman, Pages: 217–244
in
Financial Market Trends
This article presents highlights from the forthcoming OECD cross-country study Public Debt Management and Bond Markets in Africa. Debt managers from an increasing number of emerging market jurisdictions face challenges similar to those of their ...
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11 July 2007
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Article
English
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Governments and the Market for Longevity-indexed Bonds
Pablo Antolin, Hans J. Blommestein, Pages: 153–175
in
Financial Market Trends
Uncertainty about length of life, longevity risk, is a growing financial problem for pension funds and annuity providers. Unfortunately, there is a lack of financial instruments to hedge against this longevity risk, thereby complicating risk ...
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29 May 2008
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Article
English
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Governance and investment of sovereign and public pension reserve funds in selected OECD countries
Juan Yermo, Pages: 133–161
in
OECD Journal: Financial Market Trends
Many countries around the world are partly prefunding their otherwise pay-as-you-go (PAYG) financed social security systems by establishing or further developing existing public pension reserve funds (PPRFs). Most OECD countries have put in place ...
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22 Sep 2009
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Article
English
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Ghana: Agriculture is Becoming a Business
Denise Wolter, Pages: 9–32
in
OECD Journal: General Papers
Ghana’s agricultural sector has two faces. On the one hand, Ghana continues to face food security problems due to stagnating productivity in the food crop sector and undeveloped internal food markets. On the other hand, horticultural exports have ...
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27 Apr 2009
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Article
English
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Gender and Economic Empowerment in Africa
OECD, Pages: 87–126
in
OECD Journal: General Papers
It is time to deliver for women and girls. Africa’s growth and development agenda can only succeed if the continent is able to draw on all its resources and talents, and if women are able to participate fully in economic, social and political life ...
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20 Dec 2010
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Article
English
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Government funding as leverage for quality teaching and learning: a south african perspective
Sabiha Y. Essack, Indirani Naidoo, Glen Barnes, Pages: 1–13
in
Higher Education Management and Policy
The South African Higher Education Funding Framework uses funding as a lever to achieve equitable student access, quality teaching and research, and improved student retention and success. Maximising a university subsidy from the national Department ...
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