This publication summarizes the lessons learned from the 30 country reviews of sustainable development that have been published since 2002 as part of OECD economic surveys. It also examines the concrete action that countries have taken to promote sustainable development while concentrating on...

This paper discusses one particular aspect of the reform of the Stability and Growth Pact: the possibility of temporarily breaching the 3 percent deficit limit in the event of an effective but initially expensive structural reform. Van den Noord and Cournède use econometric techniques to...

With population ageing, fiscal consolidation has become of paramount importance for euro area countries. Consolidation can be pursued in various ways, with different effects on potential growth, which itself will be dragged down by ageing. A dynamic general equilibrium model with overlapping...