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Fiscal Prospects and Reforms in India
Herd, Richard; Hill, Sam; Koen, Vincent - Economics Department, Organisation de Coopération et … - 2011
2011 OECD Economic Survey of India (www.oecd.org/eco/surveys/india)<P>Perspectives et réformes budgétaires en Inde …
Persistent link: https://www.econbiz.de/10009364448
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Fiscal Policy in India: Past Reforms and Future Challenges
Herd, Richard; Leibfritz, Willi - Economics Department, Organisation de Coopération et … - 2008
This paper examines varies areas of India´s fiscal policy, in particular fiscal discipline, the structure of government … within India so that goods can move between states without border controls. Finally, on fiscal federalism it finds that India … bodies and delivered through the annual budget. While overall, India´s fiscal federalism has worked well moving resources …
Persistent link: https://www.econbiz.de/10005045893
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The Significance of Switzerland's Enormous Current-Account Surplus
Jarrett, Peter; Letremy, Céline - Economics Department, Organisation de Coopération et … - 2008
Switzerland has had a long-standing surplus on its current account. But over the past 15 years that surplus has surged to levels unmatched by nearly any other OECD country at any point. This paper looks at the surplus from a balance of payments vantage point as well as from the optic of the...
Persistent link: https://www.econbiz.de/10005045585
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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Japan's New Growth Strategy to Create Demand and Jobs
Jones, Randall S.; Yoo, Byungseo - Economics Department, Organisation de Coopération et … - 2011
The New Growth Strategy aims to create demand and jobs through regulatory reform and fiscal measures. The Strategy focuses on key challenges, notably climate change and population ageing, which can be turned into sources of growth. Given Japan’s precarious fiscal position, it is essential to...
Persistent link: https://www.econbiz.de/10009291571
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Financial Stability: Overcoming the Crisis and Improving the Efficiency of the Banking Sector
Jones, Randall S.; Tsutsumi, Masahiko - Economics Department, Organisation de Coopération et … - 2009
The crisis that originated in mid-2007 in the United States and deepened in September 2008 is the largest peace-time disruption of financial markets since the Great Depression. It was triggered by a number of factors, namely the large amount of lending to subprime borrowers, the expansion of...
Persistent link: https://www.econbiz.de/10008498027
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China's Financial Sector Reforms
Herd, Richard; Hill, Samuel; Pigott, Charles - Economics Department, Organisation de Coopération et … - 2010
Reforms to modernise and strengthen the financial sector have continued in recent years. The cleaning-up of the stock of non-performing loans is largely completed and considerable progress has been made in improving commercial banks’ corporate governance structures and risk management systems....
Persistent link: https://www.econbiz.de/10008480478
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Challenges in the Mexican Financial Sector
Bonturi, Marcos - Economics Department, Organisation de Coopération et … - 2002
The Mexican banking crisis of 1994/95 necessitated a major government rescue operation - estimated to have cost about 20 per cent of GDP. Since then, financial sector reforms have been implemented and the performance of the Mexican financial system has markedly improved, as shown by indicators...
Persistent link: https://www.econbiz.de/10005045621
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The EU's Single Market: At Your Service?
Vogt, Line - Economics Department, Organisation de Coopération et … - 2005
While the single market has largely been achieved for the EU market for goods, the services sector has lagged behind. This has resulted in sluggish activity, low productivity growth, high prices, that show a wide dispersion and relatively high inflation in this sector. Both the OECD product...
Persistent link: https://www.econbiz.de/10005045682
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Improving the Business and Investment Climate in Indonesia
Moccero, Diego - Economics Department, Organisation de Coopération et … - 2008
Indonesia’s business environment is discouraging entrepreneurship and holding back private-sector growth and development. Weaknesses in the regulatory framework, infrastructure bottlenecks and poor governance continue to weigh down on investment. Policies have been put in place to address...
Persistent link: https://www.econbiz.de/10005045842