Author: OECD Organisation for Economic Co-operation and Development,

Source: OECD Economic Outlook, Volume 2001, Number 1, June 2001 , pp. 1-1(1)

Publisher: OECD - Organisation for Economic Co-operation and Development

Abstract:

Twice a year, the OECD Economic Outlook analyses the major trends that will mark the next two years. It provides in-depth coverage of the economic policy measures required to foster high and sustainable growth in each Member country. Recent measures and forthcoming developments in major non-OECD economies in East Asia, Central and Eastern Europe (particularly Russia), and South America are also evaluated in detail. Each edition of this Outlook provides a unique tool to keep abreast of world economic developments. In addition to the themes featured in every semi-annual edition, this issue also addresses these important questions: - How much will the ageing of populations pressure public budgets over the next half century? Are reforms to programmes for age-related spending still urgently required? - How much of productivity growth is accounted for by dynamic new firms entering the market, by low-productivity firms going out of business or by improvements in efficiency within existing firms? Does the importance of these factors vary across sectors and countries? - How can environmental policies be made more cost-effective? Can the use of green taxes and tradeable pollution permits be expanded? - What are key challenges for tax policy in modern economies? How could tax design minimise unintended discrimination towards any particular economic choice?

Document Type: Review article

Publication date: 2001-06-01

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