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Improving the fiscal framework to enhance growth in an era of fiscal consolidation in Slovakia

Klein, Caroline; Price, Robert W.; Wörgötter, Andreas - 2013

The challenge for fiscal policy in Slovakia is to achieve fiscal consolidation in a way which supports the fragile recovery and protects spending on areas which are important for re-embarking on a trajectory of high trend growth and underpinning a catch-up in living standards. While the recently...

Persistent link: https://www.econbiz.de/10009711240

Sustainable finance for inclusive growth in Thailand

Bogiatzis, Adam; Asada, Hidekatsu; Rahuman, Mohamed … - 2018

The Partnerships pillar of the 2030 Agenda for Sustainable Development cuts across all the goals focusing on the mobilisation of resources needed to implement the agenda. Thailand’s “sufficiency economy philosophy” encourages the prioritisation of long-term sustainability over short-term...

Persistent link: https://www.econbiz.de/10011914182

Boosting productivity and living standards in Thailand

Koen, Vincent; Asada, Hidekatsu; Rahuman, Mohamed … - 2018

The Prosperity pillar of the 2030 Agenda for Sustainable Development calls for an integrated approach based on boosting productivity through diversification, upgrading technology and innovation, and increasing employment and entrepreneurship. Thailand needs to address all these challenges to...

Persistent link: https://www.econbiz.de/10011914179

The drivers of regional growth in Russia : a baseline model with applications

Blöchliger, Hansjörg; Durand-Lasserve, Olivier - 2018

include sub-national fiscal policies. Baseline results show convergence rates of regional GDP per capita in line with the 2 …% “iron law of convergence” between countries. Capital investment, and public investment in particular, is a stronger driver … government expenditure is associated with lower growth and slower regional convergence, suggesting low sub-national spending …

Persistent link: https://www.econbiz.de/10011995785

Regional GDP in OECD countries : how has inequality developed over time?

Arnold, Felix; Blöchliger, Hansjörg - 2016

This paper surveys the state and evolution of GDP per capita in 281 regions of OECD countries for the time period 1995 – 2013. It puts a special focus on the disparities between the regions. These can be substantial: In 2013, GDP per capita of the least and most developed region varied by a...

Persistent link: https://www.econbiz.de/10011577934

Fiscal decentralisation and regional disparities

Bartolini, David; Stossberg, Sibylle; Blöchliger, Hansjörg - 2016

Fiscal decentralisation can lead to a more efficient provision of local public goods and services and promote a better match between policies and citizens’ preferences. At the same time, however, there are concerns about whether all regions will gain from more autonomy. Decentralisation may...

Persistent link: https://www.econbiz.de/10011577939

Fiscal constitutions : an empirical assessment

Blöchliger, Hansjörg; Kantorowicz, Jaroslaw - 2015

Fiscal constitutions comprise the set of rules and frameworks guiding fiscal policy that are enshrined in a country’s fundamental laws. This paper compares the fiscal constitutions of 15 federal countries by empirically assessing five building blocks: 1) the power of sub-national governments...

Persistent link: https://www.econbiz.de/10011399580

Improving public sector efficiency for more inclusive growth in Latvia

Klein, Caroline; Price, Robert W. - 2015

to achieve convergence of policy outcomes to OECD upper standards is challenging. Efficiency gains in the tax system …

Persistent link: https://www.econbiz.de/10011399630

Adjusting fiscal balances for the business cycle : new tax and expenditure elasticity estimates for OECD countries

Price, Robert W.; Dang, Thai Thanh; Botev, Jarmila - 2015

This paper re-estimates the elasticities of government revenue and expenditure items with respect to the output gap for OECD countries. These elasticities are used by the OECD to calculate cyclically adjusted fiscal balances. The study updates the earlier 2005 study using the most recent...

Persistent link: https://www.econbiz.de/10011576962