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Aggregated times series variables can be forecasted in different ways. For example, they may be forecasted on the basis of the aggregate series or forecasts of disaggregated variables may be obtained fi rst and then these forecasts may be ...
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Although Canada remains in an advantageous fiscal position relative to many other OECD countries as the global economy recovers from the 2008/09 recession, the deterioration in the country’s public finances has been substantial. Years of spending...
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Despite large differences across countries, Latin America’s average investment-to-GDP ratio and the overall quality of infrastructure in the region are relatively low by international comparison. Empirical evidence on the effects of fiscal...
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Turkey has made significant progress over the last two decades regarding fiscal consolidation and a strong reform of fiscal policy. The highly fragile country of the 1990s, whose primary fiscal concern was to sustain its public finances in the short ...
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A new method of leading index construction is proposed, which explicitly takes into account the purpose of using the index for forecasting a coincident economic indicator. This so-called principal covariate index combines the need for compressing ...
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Most countries have separate pension plan for public sector employees. The future fiscal burden of these plans can be substantial as the government usually is the largest employer, pension promises in the public sector tend to be relatively generous,...
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The Cancun Agreements outlined the list of topics to be included in biennial reports and indicated that guidelines for them were to be developed, but provided limited guidance on their structure and content. This paper proposes a structure for...
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The transition to a green economy will imply many changes in the labour market locally and the local development systems. The impacts are still difficult to measure as definitions vary and policy uncertainties persist. The OECD Local Economic and...
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In this paper we describe the main features of the French social housing system as viewed from abroad, and place it within the context of systems in other major developed countries, particularly in Europe. At 17% of the total stock the social sector...
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This report examines recent developments regarding the use of fibre to provide local access networks for the provision of broadband access. Countries across the OECD are adopting different approaches to stimulate investment and to define the terms of...
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This article studies the role of fiscal and monetary institutions in macroeconomic stability and budgetary control in central, eastern and south-eastern European countries (CESEE) in comparison with other OECD countries. CESEE countries tend to grow ...
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The Indian financial system has changed considerably since the 1990s. Interest rates have been deregulated and new entrants allowed in the banking and the securities business. The Indian equity market has become world-class. New private banks have...
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This chapter discusses OECD member countries’ consolidation plans as of November/December 2010. The time frame for the plans ranges from 2009 to 2015. The chapter analyses current fiscal positions and announced fiscal strategies, consolidation ...
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This Working Paper serves as a technical background note for the Farm-level analysis of risk, risk management strategies and policies (OECD Food, Agriculture and Fisheries Working Papers No.26). It describes: 1) the data source and analytical methods...
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Attracting long-term investors from the private sector or in public-private partnerships for stable long-term investment in the innovative sectors and industries needed to generate sustained growth is crucial. Long-term investors want assets that ...
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In the future there will be a global growing demand for long-term investment, both in mature and in emerging countries, to finance infrastructure, innovation, education, growth, environmental programs. Mature economies will also need to increase ...
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As the OECD is celebrating its 50th anniversary, member countries are exiting from the biggest post-war financial and economic crisis and are trying to put their economies back onto strong, sustainable footing. While financial reforms should provide ...
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Active long-term investors are needed for well-functioning financial markets. Long-term investors are also essential for economic growth, as they finance infrastructure and are more likely to become engaged as active shareholders. Since long-term ...
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The framework agreements instrument has been widely used and is considered as an efficient procurement technique throughout Europe. A framework agreement means an agreement between one or more contracting authorities and one or more economic...
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