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Tax receipts surged between 2005 and 2007 in many OECD countries, resulting in significant improvements in headline fiscal positions. As a consequence, pressures for tax cuts and for public spending increases have emerged. In the past, responding to such demands has permanently weakened budget...
Persistent link: https://www.econbiz.de/10012446934
The Covid-19 crisis has exacerbated the already deteriorating fiscal situation in South Africa. The current consolidation strategy, based on spending cuts and reprioritisation of spending items, has reached its limits and is insufficient to stabilise the debt ratio in the medium term and fund...
Persistent link: https://www.econbiz.de/10013523842
Among various barriers to increasing employment of older workers, this paper focuses on two notable ones that are relevant for the future of work. First, older workers engaged in codifiable, routine tasks are particularly prone to the risk of being displaced by computers and robots. Second,...
Persistent link: https://www.econbiz.de/10012630425
is formulating reforms to raise employment by 80 thousand workers by 2029. Finland’s employment rate has been lagging … or more. Activity rates for mothers of young children are also lower in Finland than in the Scandinavian Nordics mainly … owing to Finland’s generous homecare allowance. It should be reduced and access to convenient early childhood education and …
Persistent link: https://www.econbiz.de/10012630454
This paper reviews the Finnish tax system and the scope for further tax reform. Finland is among the most egalitarian …
Persistent link: https://www.econbiz.de/10012443103
Finland is committed to high quality and extensive public services and a high level of income redistribution. The heavy … public services. This paper, one of a series of OECD reviews on public expenditure, looks at how Finland is coping with this … challenge. It concludes that the fundamental framework guiding public expenditure in Finland is sound. And, in many areas of …
Persistent link: https://www.econbiz.de/10012443937
In Finland, as in most OECD countries, the ageing of the population is one of the major long-term policy challenges …. This paper first explores the scale of the demographic changes in Finland, the relevant institutions and their effect on …
Persistent link: https://www.econbiz.de/10012445103
While pronounced cycles in house prices have been a major cause of macroeconomic instability in the past, current house price developments do not yet suggest an overheating of the housing market. However, several important concerns are related to both direct effects of housing markets on overall...
Persistent link: https://www.econbiz.de/10012445404
This document examines Finland’s policy on natural and environmental resource management. In many fields, progress has … in this area would bring about a marked improvement in the costeffectiveness of Finland’s policy to reduce CO2 emissions …
Persistent link: https://www.econbiz.de/10012445419
closely the actual unemployment in Finland indicating that it is not the proper measure for the structural unemployment. The …
Persistent link: https://www.econbiz.de/10012445431