Showing 1 - 10 of 18
Norway will face a fast maturing old age pension scheme over the 30 next years whereas oil revenues will supply only a … measures to strengthen long term fiscal sustainability in Norway. Even though a broad agreement was reached in the parliament … Economic Survey of Norway (www.oecd.org/eco/surveys/norway).<P>Le défi du vieillissement en Norvège : Assurer un système de …
Persistent link: https://www.econbiz.de/10005045856
Spain’s government has introduced ambitious consolidation measures, which should yield a sizeable improvement in discretionary fiscal efforts. Should budgetary outcomes fall short of targets, the government should stand ready to introduce further measures, as announced. Such measures could...
Persistent link: https://www.econbiz.de/10008873250
This paper examines various aspects of fiscal policy in Slovenia, in particular fiscal consolidation, pension reform, efficiency of government spending and the tax system. It finds that Slovenia belongs to the group of new EU member countries, which have given in the past a high priority to...
Persistent link: https://www.econbiz.de/10008498030
An overlapping-generations model with search unemployment is calibrated for the Netherlands to assess the impact of tax-benefit reforms on labour supply. Several reforms are analysed, in particular the introduction of a flat tax and pension reforms. The model demonstrates the potential of these...
Persistent link: https://www.econbiz.de/10005045727
Faced with exceptionally rapid population ageing, Korea should address obstacles that lower fertility rates while encouraging higher labour force participation, particularly among women. While public social spending is currently very low, there is pressure for increased outlays on pensions,...
Persistent link: https://www.econbiz.de/10005045777
This paper examines the channels through which ageing will shape the main economic factors that in turn affect potential growth; identifies current policy settings that may in fact amplify the adverse impact of demographic trends; and sets out policy reforms that will work to temper the effects...
Persistent link: https://www.econbiz.de/10005045951
Brazil’s public pension expenditure is about 9 per cent of GDP, above the OECD average. Given that OECD countries are generally not only wealthier, but also significantly older, Brazil’s pension expenditures are clearly excessive, draining resources away from other areas, such as much needed...
Persistent link: https://www.econbiz.de/10005045960
Compliance with the structural budget surplus rule, which has been in place since 2001, has allowed the government to maintain a counter-cyclical fiscal stance in an environment of rising copper prices, while delivering a gradual reduction in public indebtedness. Monetary policy is conducted...
Persistent link: https://www.econbiz.de/10005046168
Sustainable development is a key theme in policy making in Norway. Although it owes a considerable part of its wealth … to the carbon-based economy, Norway gives priority to the objectives embodied in the OECD Green Growth Strategy and sees … be seen to be reflected in Norway’s policy aims on climate change and on fisheries, two otherwise rather different …
Persistent link: https://www.econbiz.de/10008672221
Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly …
Persistent link: https://www.econbiz.de/10011276913