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58281. Economic Survey of Belgium, 2005

Publication Date:
03-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The dominant challenge for Belgium in the years to come is to prepare for population ageing. This entails putting in place policies to attenuate its effects on economic growth and public finances. The few years left before large numbers of baby boomers retire provide a window of opportunity to push ahead with such policies and so preserve the essential elements of the system of social protection. First, further budget consolidation is required to put public finances on a sustainable path. Second, reforms are needed to increase employment rates, especially for the older working age-population, school leavers and ethnic minorities, and to slow the decline in working time. Finally, reforms are required to raise productivity growth.
Topic:
Development, Economics, and Government
Political Geography:
Europe

58282. Economic Survey of Brazil, 2005

Publication Date:
03-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
This Survey's general assessment is that Brazil is currently reaping the benefits of macroeconomic consolidation, underpinned by a prudent policy stance. Much progress has been made in fiscal consolidation and monetary policy continues to be conducted in a forward- looking manner. The external adjustment has been remarkable, with continued strong export performance, making the economy more resilient to changes in market sentiment. These achievements owe much to the strengthening of institutions, in particular the inflation targeting framework and the Fiscal Responsibility legislation. The economic recovery is now firmly established. But the consolidation of macroeconomic stability remains essential moving forward, coupled with further structural reform, to ensure that the positive outlook ushers in a virtuous circle of improved confidence and resilient, equitable growth.
Topic:
Economics, Government, and International Trade and Finance
Political Geography:
Brazil and South America

58283. Nuclear Energy Today

Publication Date:
02-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Nuclear energy has been used to produce electricity for more than half a century. It currently provides about 17% of the world's supply and 23% in OECD countries. The oil crisis of the early 1970s provoked a surge in nuclear power plant orders and construction, but as oil prices stabilised and even dropped, and enough electricity generating plants came into service to meet demand, orders tailed off. Accidents at Three Mile Island in the United States (1979) and at Chernobyl in Ukraine (1986) also raised serious questions in the public mind about nuclear safety.
Topic:
International Relations, Development, Nuclear Weapons, and Science and Technology
Political Geography:
United States and Ukraine

58284. Public Sector Modernisation: Open Government

Publication Date:
02-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Governments are under increasing pressure to open up to public scrutiny, to be more accessible to the people who elected them and more responsive to their demands and needs. Indeed, an open government that meets all these requirements is increasingly recognised as an essential ingredient for de mocratic governance, social stability and economic development.
Topic:
Civil Society, Development, Economics, and Government

58285. Economic Survey of Denmark, 2005

Publication Date:
02-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Denmark has been near the top of the OECD's income rankings for many years. It has the most equal income distribution among member countries, partly because of its comprehensive welfare state. Given an ageing population, the key economic challenge is to maintain growth in living standards while preserving the welfare system. To achieve this, Denmark will need to raise labour supply and productivity growth. If they do not improve from here, the growth rate of per capita GDP will be dragged down to just ½ per cent per annum within a couple of decades.
Topic:
Development, Economics, and International Trade and Finance
Political Geography:
Europe and Denmark

58286. Economic Survey of Iceland, 2005

Publication Date:
02-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Iceland's impressive economic performance has continued to show the benefits of the refocusing of policies on financial stabilisation and market liberalisation in the 1990s. The most recent recovery, which began in 2003, has been much more vigorous than expected, as buoyant household demand has reinforced the stimulatory effect of the large-scale aluminium-related investment projects underway. Imbalances in the economy – specifically, the large current account deficit and inflation pressures – have mounted and – with GDP growth averaging over 5% in 2004-06 – they may well be similar in size to those seen in the last overheating episode in 2000-01, which resulted in a mild recession. Limiting instability over the next few years is a demanding task for macroeconomic policymakers, and efforts underway in this regard need to be strengthened. There are also challenges for structural policies, notably with respect to the proper assessment of future investment projects and in the environ-mental area. In a longer-term perspective, sustaining the faster productivity growth that structural reforms in the 1990s have brought about will require further action, especially in the education and competition policy fields.
Topic:
Development, Economics, and International Trade and Finance
Political Geography:
Europe

58287. (Danish) Economic Survey Denmark 2005

Publication Date:
02-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Danmark har i mange år ligget nær toppen på OECD's rangliste over BNP pr. indbygger. Danmark har den mest lige indkomstfordeling blandt medlemslandene, delvist so m følge af dets vidtfavnende velfærdsstat. I lyset af befolkningsaldringen er den primære økonomiske udfordring at fastholde væksten i levestandarden og samtidig bevare velfærdssystemet. For at opnå dette er det nødvendigt at øge arbejdsudbuddet og væksten i produktiviteten. Uden forbedringer på disse to områder vil væksten i BNP pr. indbygger fa lde til blot ½ procent om året i løbet af et par årtier.
Topic:
Development, Economics, and International Trade and Finance
Political Geography:
Europe and Denmark

58288. Economic Survey of Australia, 2004

Publication Date:
01-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Recent and prospective performance is good. The Australian economy is still benefiting from the programme of widespread and deep reforms that started in the 1980s and was especially intensive in the 1990s. These made it easier to set macro policies in a stability-oriented medium-term framework. The combination resulted in a thirteen year long economic expansion accompanied by low inflation, high resilience to external and domestic shocks, and very healthy public finances. The short term outlook is for continuing brisk low- inflationary growth.
Topic:
Economics, Government, and International Trade and Finance
Political Geography:
Australia and Australia/Pacific

58289. Economic Survey of Japan, 2005

Publication Date:
01-2005
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The strengthening of the economy has raised hopes that Japan is emerging from a decade of stagnation. Output has been increasing at a more than 2 per cent annual rate since 2002, reflecting strong external demand and the progress made in corporate restructuring and economic reform. However, Japan still faces a number of serious headwinds to sustained growth, notably entrenched deflation and continued declines in bank lending and land prices. Meanwhile, the government's financial position continues to deteriorate, raising concerns about fiscal sustainability at the same time that population ageing is increasing demands for public spending. Addressing these challenges requires a combination of well-designed macroeconomic policies and structural measures to boost the growth potential and ensure rising living standards in the face of rapid population ageing.
Topic:
Economics, Government, and International Trade and Finance
Political Geography:
Japan and Israel

58290. 2005 Conference Proceedings: Expanding and Enhancing the Partnerships: Further Steps after Istanbul

Publication Date:
01-2005
Content Type:
Working Paper
Institution:
Partnership for Peace Consortium of Defense Academies and Security Studies Institutes
Abstract:
I am delighted that you have chosen to participate in the 8th Annual Conference of the Partnership for Peace Consortium of Defense Academies and Security Studies Institutes. It is my hope that this conference, focusing on expanding and enhancing partnerships, will broaden your perspectives on the many complex issues associated with this endeavor, help us better understand how to achieve these goals, and stimulate discussion on how the Consortium can contribute to the broader efforts of NATO and other international and national actors in the field of security and defense.
Topic:
Security, Defense Policy, and NATO
Political Geography:
Europe