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Reforming the Tax System in Japan to Promote Fiscal Sustainability and Economic Growth

Jones, Randall Sidney - 2008

Tax reform is an urgent priority, as Japan needs as much as 5% to 6% of GDP of additional government revenue just to stabilise public debt, which has risen to 180% of GDP. In addition to raising revenue, tax reform should promote economic growth, address the deterioration in income distribution...

Persistent link: https://www.econbiz.de/10012444635

A Framework for Assessing Green Growth Policies

De Serres, Alain - 2010

This paper proposes an analytical framework for assessing policies that will contribute to a better integration of environmental externalities in the pursuit of economic efficiency and growth objectives. The framework consists of two parts. The first part lays out principles and criteria for the...

Persistent link: https://www.econbiz.de/10012446914

Upgrading Japan's Innovation System to Sustain Economic Growth

Jones, Randall Sidney - 2006

Increasing productivity growth through innovation is a key to raising living standards. Although R&D intensity in Japan …. The innovation system, which developed during the catchingup process, is largely input-driven and focused on incremental … innovation based on closed and stable corporate and employment systems. However, this approach is less appropriate in the current …

Persistent link: https://www.econbiz.de/10012446441

Fiscal Policy Responsiveness, Persistence, and Discretion

Afonso, António - 2008

In this working paper, we decompose fiscal policy in three components: i) responsiveness, ii) persistence and iii) discretion. Using a sample of 132 countries, our results point out that fiscal policy tends to be more persistent than responding to output variations. We also found that while the...

Persistent link: https://www.econbiz.de/10012447103

After the Crisis - Bringing German Public Finances Back to a Sustainable Path

Koske, Isabell - 2010

Past consolidation has allowed the automatic stabilisers to operate fully during the crisis. Further fiscal easing in late 2008 and early 2009 contributed to a markedly widening fiscal deficit in 2010. A newly enacted fiscal rule, which limits the structural budget deficit of the federal...

Persistent link: https://www.econbiz.de/10012444447

Safeguarding the sustainability of the Ukrainian pension system

Høj, Jens-Christian - 2024

, secure liveable pensions, and safeguard the system’s fiscal sustainability. …

Persistent link: https://www.econbiz.de/10015082059

Encouraging Environmentally Sustainable Growth : Experience in OECD Countries

OBrien, Paul - 2001

Clean air, clean water, fewer toxic emissions and less household waste are among the key environmental policy objectives that most OECD governments have been pursuing over the past three decades. This effort to take more account of the environmental costs of economic growth has been pursued in a...

Persistent link: https://www.econbiz.de/10012444157

Competition, Innovation and Productivity Growth : A Review of Theory and Evidence

Ahn, Sanghoon - 2002

This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run … including: i) measuring welfare gains from product innovation; ii) competition and efficiency in e-commerce, education, and …

Persistent link: https://www.econbiz.de/10012446761

Unleashing strong, digital and green growth in Viet Nam

Lenain, Patrick - 2023

Viet Nam has been quick to recover from the downturns caused by the COVID-19 pandemic, but it faces long-term economic challenges. Boosting labour productivity will be crucial to sustained high economic growth. Attracting further foreign investment and reaping the benefit of advanced...

Persistent link: https://www.econbiz.de/10014435774

Making Growth More Environmentally Sustainable in Germany

Kirkpatrick, Grant - 2001

This document analyses German environmental policies, including, among others, discussion of air and water quality policy, use of the waste management hierarchy approach and of voluntary agreements. The German public has been highly sensitive to environmental concerns, leading to many policy...

Persistent link: https://www.econbiz.de/10012447080