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Regions with large cities are driving growth in Bulgaria, while many rural regions suffer from depopulation and rapid ageing. Improving living standards across all regions will require better coverage and access to public services, notably in health and long-term care. Policy action to integrate...
Persistent link: https://www.econbiz.de/10012630105
reining it in. Budget consolidation efforts and public-sector reforms temporarily reversed the upward trend in the government … would seem to relate to the budget process and the lack of a medium-term expenditure policy, along with insufficient …
Persistent link: https://www.econbiz.de/10012445869
Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth. The results suggest that, if total government spending is kept unchanged, increasing expenditure on health, education...
Persistent link: https://www.econbiz.de/10013017008
differences in average budget balances. Despite rising debt, governments’ interest payments as a share of GDP have declined … frameworks, such as fiscal rules, medium‑term expenditure plans, budget transparency and independent fiscal institutions, is …
Persistent link: https://www.econbiz.de/10012801149
, monitoring performance, as well as encouraging coordination will be key to better budget allocations, regulatory environment, and …
Persistent link: https://www.econbiz.de/10012801202
This paper analyses of some the key aspects of public expenditure policy in Denmark. The public expenditure to GDP ratio has abated markedly since the mid-1990s, reflecting both cyclical gains and the return on structural reforms. Nevertheless, the underlying upward pressure on government...
Persistent link: https://www.econbiz.de/10012443874
This paper presents composite indicators of the institutional and policy characteristics of educational systems, collated from the questionnaire responses of 26 Member countries. These indicators provide an overview of the institutional framework in the primary and secondary education sector and...
Persistent link: https://www.econbiz.de/10012443894
This paper examines problems of entry, exit and competition in Ukrainian product markets. It finds that Ukraine still has too little of all three, and that exit mechanisms, in particular, function poorly. Since impediments to entry and exit are largely the product of excessive and ill...
Persistent link: https://www.econbiz.de/10012444223
This paper analyses the main features of Sweden’s public expenditure and addresses some key policy issues. Public spending is high relative to GDP, reflecting the wide support for the Swedish welfare state. The institutional framework within which spending decisions are made has both strengths...
Persistent link: https://www.econbiz.de/10012444268
This paper highlights some key policy issues regarding the performance of public expenditure and proposes an analytical framework for its assessment. The framework distinguishes three economic objectives of policies in the pursuit of better performance of public expenditure: macroeconomic...
Persistent link: https://www.econbiz.de/10012444371