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Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly undermining economic performance and while paying attention to environmental externalities. It treats capital and labour income in different ways: capital income is taxed at a...
Persistent link: https://www.econbiz.de/10011276913
services and on school choice is reviewed. In compulsory education, the provision mode is relatively uniform across OECD … education level and orientation towards occupational skills, and in many countries funding arrangements for public institutions …
Persistent link: https://www.econbiz.de/10005045910
efficiency without undermining the quality of in kind services on secondary education, health care and public administration …. There is excess capacity in pre-school and compulsory education and the allocation of tertiary education services is …
Persistent link: https://www.econbiz.de/10011276959
Structural reforms in labour and product markets are required in a number of euro-area countries. A question in this regard, which is the topic of this paper, is whether belonging to the euro area tends to help or hinder structural reform. The paper first reviews the theoretical arguments and...
Persistent link: https://www.econbiz.de/10005045886
This paper presents in summary form the findings that emerge from a study of 20 structural reform episodes in 10 OECD countries. The study’s principal messages may be summarised as follows. First, it pays to have an electoral mandate for reform. Secondly, major reforms should be accompanied by...
Persistent link: https://www.econbiz.de/10008542493
In the 2000s, Turkey has enjoyed rapid catching–up. This was possible despite the adverse business environment, as the semi–formal and informal economy had a significant contribution to the expansion of the private sector. Productivity growth was strong, but labour utilisation remained very...
Persistent link: https://www.econbiz.de/10008752419
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
In recent years, a series of wide-ranging reforms designed to make greater use of market mechanisms has succeeded in eliminating shortages, raising efficiency and improving citizen satisfaction. Nevertheless, spending accelerated after the reforms, and per capita spending on health is now one of...
Persistent link: https://www.econbiz.de/10005045953
Japan’s health-care system has provided universal access to care and contributed to the outstanding health status of the Japanese. Public spending has been kept below the OECD average through high co-payment rates and reductions in medical fees. However, with continued upward pressure on...
Persistent link: https://www.econbiz.de/10008498034
Korea’s health-care system has contributed to the marked improvement in health conditions, while limiting spending to one of the lowest levels in the OECD through high patient co-payments and limited coverage of public health insurance. However, spending is now increasing at the fastest rate...
Persistent link: https://www.econbiz.de/10008492402