This paper tries to explain the declining level of public investment in OECD countries. The theoretical framework hints to the relevance of a number of demand and supply factors - ranging from the yield of public investment to institutions like the EU deficit limits. The econometric results...

This paper outlines some of the implications of factor market integration for fiscal policy in the countries of the EU and for the EU itself. It draws particular attention to the dynamic dimensions of factor market integration, and identifies some of the many issues for further research on these...

The Palestinian territories face significant and growing shortfalls in the water supply available for domestic use. With population of approximately 4.8 million growing at an average annual rate of 2.8 percent, the domestic supply gap is projected to dramatically increase unless supply and...