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This report looks at the challenges faced by Asian countries in addressing inclusive growth and fiscal decentralisation. A series of studies examines how policies in the region have evolved in accordance with changes in demography and the economic environment, reflecting country characteristics,...
Persistent link: https://www.econbiz.de/10012451682
Globalisation accompanied by the growing importance of information technology and knowledge-based production pose challenging problems for federations. We summarise the difficulties that traditional decentralised federations face in addressing problems of competitiveness, innovation and...
Persistent link: https://www.econbiz.de/10012452820
Populations in OECD and emerging economies are ageing rapidly, which will have significant macroeconomic impacts, including on public expenditures and tax revenues. The rules and practices that govern fiscal relations among different levels of government, such as their responsibilities for...
Persistent link: https://www.econbiz.de/10012452086
Fiscal rules are increasingly used at state and local levels to promote fiscal sustainability in OECD countries. Following the Global Financial Crisis, multiple reforms to fiscal rule frameworks were made so that governments could better tackle crises and build buffers for future downturns. This...
Persistent link: https://www.econbiz.de/10013457897
This working paper uses a new method to assess the fiscal sustainability of the Irish health system by considering the effects of population change and income growth on both government revenue and health spending over time. Spending on healthcare is comparatively high in Ireland, accounting for...
Persistent link: https://www.econbiz.de/10014435843
world growth, and they account for a growing share of global output. However, further reforms will be needed to ensure catch … the areas of education, product market regulation and labour markets, as well as improving more basic market institutions …
Persistent link: https://www.econbiz.de/10008542503
competitive in world markets – yielding considerable gains for employees and investors – manufacturing industries have lagged and …
Persistent link: https://www.econbiz.de/10005046074