“…Though the scope is limited, the tax burden should be shifted as much as possible from labour to property and consumption, while the earned-income tax allowance should play a smaller role, enabling cuts in statutory rates. …”

“…Even though the current overall performance will probably be sufficient to reach the reduction objectives of the Kyoto protocol, transport emissions thus need to be targeted in the future. One possible measure aimed at reducing them, an increase in fuel taxes, is examined in detail in this paper. …”

“…This paper illustrates possible trade-offs between two different fiscal consolidation strategies in Portugal: sticking to the nominal fiscal targets in the EU-IMF programme or allowing automatic stabilisers to work, while sticking to the structural primary deficit targets implied by the programme. …”

“…Along these lines, this paper describes as precisely as possible what constitutes, in theory, a currency board. …”

“…The adjustment of manufacturing import volumes to relative price shocks are more heterogeneous, although it is possible to identify clusters of countries showing similar responses. …”

“…In the financial sector, possible future deleveraging will be more damaging to growth if it involves reducing assets rather than retaining (or raising) equity. …”

“…This has raised concerns that the adjustment required by the regulator is unnecessarily sharp, with possibly adverse macroeconomic implications. On the other hand, OECD simulations indicate that under current policies, it is unlikely that funding rates will be secured that enable the funds over the long term to fulfil their promises of a replacement rate of up to 80% of average wages. …”

“…This truly novel experience was possible thanks to a better macroeconomic position, a sounder monetary and fiscal policy framework, and better financial market regulations. …”

“…This paper re-investigates the extent of possible offsetting private saving behaviour to fiscal policy changes. …”

“…This paper highlights the main governance challenges faced by policymakers (particularly with trust-based pension systems), and draws on recent policy initiatives to propose possible solutions to strengthen governance arrangements. …”

“…Ensuring the sustainability of public finances over the long term, while maintaining the essential parts of the welfare society will only be possible by i) raising the effectiveness of public spending, ii) reforming the financing of municipalities to encourage better control of spending and limit future rises in municipal income taxation and iii) rebalancing the mix between public and private provision and funding of services. …”

“…This paper begins with a short review of Australia’s growth performance since the early 1990s and its possible link to strengthened competitive pressures and their interaction with other economic reforms. …”

“…Publié tous les deux ans, le Panorama des administrations publiques fournit des indicateurs fiables et internationalement comparables sur les activités des administrations publiques et leurs résultats au sein des pays de l'OCDE. Lorsque c'est possible, elle présente également des données pour l’Afrique du Sud, Brésil, la Chine, la Fédération de Russie, l'Inde et l'Indonésie. …”

“…Macro-level changes can have substantial effects on the distribution of resources at the household level. While it is possible to speculate about which groups are likely to be hardest-hit, detailed distributional studies are still largely backward-looking. …”

“…And what share of electricity supply from variable renewables can they make possible? There is no one-size-fits-all answer. The ways electricity is produced, transported and consumed around the world exhibit great diversity. …”

“…Throughout this report, we seek to identify the sources of those benefits and where possible provide quantitative estimates. Estimates are made on the basis of experiences of deregulation in other countries in some instances, or by relating conservative estimates of efficiency gains to the overall size of the business activity affected…”

“…This paper reviews some of the possible changes that may occur in the national labour markets of many OECD countries as a result of international trade and the internationalisation of production by multinational companies, with a particular focus on the impact of outward foreign direct investment (FDI) from OECD countries on employment in the home country of the investing firms. …”

“…The possibility that a country’s external current account may adjust nonlinearly to shocks is attracting increasing attention in the empirical literature. …”

“…Cet ouvrage explique pourquoi il est possible, en termes de théorie économique, et faisable du point de vue des pratiques comptables, de mettre en place de nouveaux systèmes d'information et de décision en matière de capital humain…”

“…In some cases, these results reveal evidence of possible over-investment, which may be related to inefficient use of infrastructure. …”