Mark | Date Date | Title Title | |||
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No. 11 | 08 Jul 2014 |
Vulnerability of Social Institutions
Social institutions face many challenges. The recent economic crisis has provided a stress test as it has left a legacy of high unemployment and high government debt in many countries. It also lowered potential output and thus the revenue base for... |
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No. 34 | 31 May 2024 |
The return of industrial policies
The paper contributes to renewed debates about industrial policy in the context of recent initiatives in several OECD economies. It discusses the pros and cons of industrial policies motivated by environmental, national security and... |
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No. 29 | 19 Oct 2021 |
The long game: Fiscal outlooks to 2060 underline need for structural reform
This paper updates the long-term scenarios to 2060 last published in July 2018, with a special focus on fiscal sustainability and risks. In a baseline economic and fiscal scenario, trend real GDP growth for the OECD + G20 area declines from around 3%... |
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No. 22 | 12 Jul 2018 |
The Long View: Scenarios for the World Economy to 2060
This paper presents long-run economic projections for 46 countries, extending the short-run projections of the Spring 2018 OECD Economic Outlook. It first sets out a baseline scenario under the assumption that countries do not carry out institutional... |
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No. 16 | 28 Apr 2016 |
The Economic Consequences of Brexit
Membership of the European Union has contributed to the economic prosperity of the United Kingdom. Uncertainty about the outcome of the referendum has already started to weaken growth in the United Kingdom. A UK exit (Brexit) would be a major... |
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No. 24 | 17 Dec 2018 |
Tax Policies for Inclusive Growth
Against a backdrop of the widening income distribution in most countries, OECD governments need to formulate policies that support sustainable and inclusive economic growth. Tax policies play a crucial role in this endeavour. Both tax theory and... |
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No. 28 | 14 Apr 2020 |
Synthesising good practices in fiscal federalism
The design of intergovernmental fiscal relations can help to ensure that tax and spending powers are assigned in a way to promote sustainable and inclusive economic growth. Decentralisation can enable sub-central governments to provide better public... |
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No. 13 | 01 Apr 2015 |
Structural reforms and income distribution
This paper provides new empirical evidence on the effects of structural policies on household disposable incomes at different income levels. More specifically, it investigates the extent to which structural policies have differential long-run impacts... |
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No. 20 | 22 Apr 2017 |
Strengthening economic resilience
Considering the deep and long-lasting impact of severe recessions, such as the 2008-09 financial crisis, it is important that measures be taken to minimise the risk of such event. But in doing so the benefits need to be balanced against the potential... |
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No. 30 | 26 Nov 2021 |
Spurring growth and closing gaps through digitalisation in a post-COVID world: Policies to LIFT all boats
The full potential of digital technologies remains unrealised and their benefits unequally shared because of insufficient investment in enabling intangible assets and communication networks within and across countries. The COVID-19 shock poses new... |
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No. 25 | 17 Dec 2018 |
Public finance structure and inclusive growth
Tax and spending reforms offer numerous opportunities to promote inclusive growth. There is potential for so-called win-win reforms that simultaneously boost economic output and enhance income equality. Other changes in the structure of public... |
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No. 6 | 26 Jun 2013 |
Public Spending on Health and Long-term Care
This paper proposes a new set of public health and long-term care expenditure projections till 2060, following up on the previous set of projections published in 2006. It disentangles health from longterm care expenditure as well as the demographic... |
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No. 15 | 01 Jul 2015 |
Prudent debt targets and fiscal frameworks
The sharp rise in debt experienced by most OECD countries raises questions about debt indicators and the prudent government debt level countries should target. It also raises questions about the fiscal frameworks needed to reach the prudent debt... |
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No. 9 | 02 Jul 2014 |
Policy Challenges for the Next 50 Years
This paper identifies and analyses some key challenges that OECD and partner economies may face over the coming 50 years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example, global growth... |
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No. 3 | 09 Nov 2012 |
Looking to 2060: Long-Term Global Growth Prospects
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to... |
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No. 33 | 14 Dec 2023 |
Long-term scenarios: incorporating the energy transition
This paper describes the latest update of the OECD’s long-term scenarios, which are done every 2-3 years to quantify some of the most important long-term macroeconomic trends and policy challenges facing the global economy. For the first time, this... |
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No. 4 | 28 May 2013 |
Knowledge-Based Capital, Innovation and Resource Allocation
Investment in knowledge-based capital (KBC) – assets that have no physical embodiment, such as computerised information, innovative property and economic competencies – has been rising significantly. This has implications for innovation and... |
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No. 5 | 12 Jun 2013 |
Judicial Performance and its Determinants
Well functioning judiciaries are key to economic development. Combining existing information with a newly collected dataset, the paper provides cross-country comparisons of measures of judicial performance, and investigates how cross-country... |
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No. 2 | 11 Jun 2012 |
International Capital Mobility
The structure of a country’s external liabilities, as well as the extent and nature of its international financial integration are key determinants of its vulnerability to financial crises. This is confirmed by new empirical analysis covering OECD... |
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No. 23 | 14 Feb 2019 |
Income redistribution across OECD countries
Income inequality has increased in most OECD countries over the past two decades. This is both because market incomes (wages, dividends, interest income) have become more unequally distributed, and also because redistribution through taxes and... |
OECD Economic Policy Papers
English
- ISSN: 2226583X (online)
- https://doi.org/10.1787/2226583X
1 - 20 of 34 results
Vulnerability of Social Institutions
Falilou Fall, Debra Bloch, Peter Hoeller, Jon Pareliussen and Mauro Pisu
08 Jul 2014
Social institutions face many challenges. The recent economic crisis has provided a stress test as it has left a legacy of high unemployment and high government debt in many countries. It also lowered potential output and thus the revenue base for...
The return of industrial policies
Valentine Millot and Łukasz Rawdanowicz
31 May 2024
The paper contributes to renewed debates about industrial policy in the context of recent initiatives in several OECD economies. It discusses the pros and cons of industrial policies motivated by environmental, national security and...
The long game: Fiscal outlooks to 2060 underline need for structural reform
Yvan Guillemette and David Turner
19 Oct 2021
This paper updates the long-term scenarios to 2060 last published in July 2018, with a special focus on fiscal sustainability and risks. In a baseline economic and fiscal scenario, trend real GDP growth for the OECD + G20 area declines from around 3%...
The Long View: Scenarios for the World Economy to 2060
Yvan Guillemette and David Turner
12 Jul 2018
This paper presents long-run economic projections for 46 countries, extending the short-run projections of the Spring 2018 OECD Economic Outlook. It first sets out a baseline scenario under the assumption that countries do not carry out institutional...
The Economic Consequences of Brexit
Rafal Kierzenkowski, Nigel Pain, Elena Rusticelli and Sanne Zwart
28 Apr 2016
Membership of the European Union has contributed to the economic prosperity of the United Kingdom. Uncertainty about the outcome of the referendum has already started to weaken growth in the United Kingdom. A UK exit (Brexit) would be a major...
Tax Policies for Inclusive Growth
Robert Hagemann
17 Dec 2018
Against a backdrop of the widening income distribution in most countries, OECD governments need to formulate policies that support sustainable and inclusive economic growth. Tax policies play a crucial role in this endeavour. Both tax theory and...
Synthesising good practices in fiscal federalism
Kass Forman, Sean Dougherty and Hansjörg Blöchliger
14 Apr 2020
The design of intergovernmental fiscal relations can help to ensure that tax and spending powers are assigned in a way to promote sustainable and inclusive economic growth. Decentralisation can enable sub-central governments to provide better public...
Structural reforms and income distribution
Orsetta Causa, Alain de Serres and Nicolas Ruiz
01 Apr 2015
This paper provides new empirical evidence on the effects of structural policies on household disposable incomes at different income levels. More specifically, it investigates the extent to which structural policies have differential long-run impacts...
Strengthening economic resilience
Aida Caldera Sánchez, Alain de Serres, Filippo Gori, Mikkel Hermansen and Oliver Röhn
22 Apr 2017
Considering the deep and long-lasting impact of severe recessions, such as the 2008-09 financial crisis, it is important that measures be taken to minimise the risk of such event. But in doing so the benefits need to be balanced against the potential...
Spurring growth and closing gaps through digitalisation in a post-COVID world: Policies to LIFT all boats
Mauro Pisu, Christina von Rüden, Hyunjeong Hwang and Giuseppe Nicoletti
26 Nov 2021
The full potential of digital technologies remains unrealised and their benefits unequally shared because of insufficient investment in enabling intangible assets and communication networks within and across countries. The COVID-19 shock poses new...
Public finance structure and inclusive growth
Boris Cournède, Jean-Marc Fournier and Peter Hoeller
17 Dec 2018
Tax and spending reforms offer numerous opportunities to promote inclusive growth. There is potential for so-called win-win reforms that simultaneously boost economic output and enhance income equality. Other changes in the structure of public...
Public Spending on Health and Long-term Care
Christine de la Maisonneuve and Joaquim Oliveira Martins
26 Jun 2013
This paper proposes a new set of public health and long-term care expenditure projections till 2060, following up on the previous set of projections published in 2006. It disentangles health from longterm care expenditure as well as the demographic...
Prudent debt targets and fiscal frameworks
Falilou Fall, Debra Bloch, Jean-Marc Fournier and Peter Hoeller
01 Jul 2015
The sharp rise in debt experienced by most OECD countries raises questions about debt indicators and the prudent government debt level countries should target. It also raises questions about the fiscal frameworks needed to reach the prudent debt...
Policy Challenges for the Next 50 Years
Henrik Braconier, Giuseppe Nicoletti and Ben Westmore
02 Jul 2014
This paper identifies and analyses some key challenges that OECD and partner economies may face over the coming 50 years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example, global growth...
Looking to 2060: Long-Term Global Growth Prospects
Åsa Johansson, Yvan Guillemette, Fabrice Murtin, David Turner, Giuseppe Nicoletti, Christine de la Maisonneuve, Guillaume Bousquet and Francesca Spinelli
09 Nov 2012
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to...
Long-term scenarios: incorporating the energy transition
Yvan Guillemette and Jean Château
14 Dec 2023
This paper describes the latest update of the OECD’s long-term scenarios, which are done every 2-3 years to quantify some of the most important long-term macroeconomic trends and policy challenges facing the global economy. For the first time, this...
Knowledge-Based Capital, Innovation and Resource Allocation
Dan Andrews and Chiara Criscuolo
28 May 2013
Investment in knowledge-based capital (KBC) – assets that have no physical embodiment, such as computerised information, innovative property and economic competencies – has been rising significantly. This has implications for innovation and...
Judicial Performance and its Determinants
Giuliana Palumbo, Giulia Giupponi, Luca Nunziata and Juan S. Mora-Sanguinetti
12 Jun 2013
Well functioning judiciaries are key to economic development. Combining existing information with a newly collected dataset, the paper provides cross-country comparisons of measures of judicial performance, and investigates how cross-country...
International Capital Mobility
Rudiger Ahrend, Antoine Goujard and Cyrille Schwellnus
11 Jun 2012
The structure of a country’s external liabilities, as well as the extent and nature of its international financial integration are key determinants of its vulnerability to financial crises. This is confirmed by new empirical analysis covering OECD...
Income redistribution across OECD countries
Orsetta Causa, James Browne and Anna Vindics
14 Feb 2019
Income inequality has increased in most OECD countries over the past two decades. This is both because market incomes (wages, dividends, interest income) have become more unequally distributed, and also because redistribution through taxes and...