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  • 2005-2009  (33)
  • Pain, Nigel  (18)
  • Blöndal, Jón R.
  • Criscuolo, Chiara
  • Paris : OECD Publishing  (33)
  • 1
    Online Resource
    Online Resource
    Budgeting in Indonesia (2009)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 9, no. 2, p. 1-31
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 31 p
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 9, no. 2, p. 1-31
    Keywords: Governance ; Indonesia
    Abstract: This article discusses Indonesia’s economic and fiscal performance following the 1997/98 financial crisis and the transition to democracy, as well as the budget formulation process and the role of Parliament. Aspects of budget implementation are discussed throughout the article. Jón R. Blöndal, Ian Hawkesworth and Hyun-Deok Choi
    DOI: 10.1787/budget-9-5ks72wv89p48
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  • 2
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    Défis posés par la poursuite de la mondialisation en matière de politique macroéconomique (2009)
    Paris : OECD Publishing
    Details
    Language: French
    Pages: 1 Online-Ressource (54 p.)
    Parallel Title: Parallele Sprachausgabe The macroeconomic policy challenges of continued globalisation
    Keywords: Economics
    Abstract: Cet article étudie les défis de politiques économiques posés par la poursuite éventuelle au cours des deux prochaines décennies de l’intégration commerciale et financière internationales. Cette étude est fondée sur l’utilisation d’un modèle macroéconomique mondial récemment développé par l’OCDE. L’analyse conduit à plusieurs implications politiques importantes. Tout d’abord, avec une part croissante des économies non membres de l’OCDE dans la production mondiale, le commerce et les marchés financiers, les changements économiques mondiaux deviendront beaucoup plus dépendants de ceux de ces économies. Ensuite, la soutenabilité des déséquilibres mondiaux des comptes courants existants dépendra en partie de la construction et de la composition futures des avoirs et engagements internationaux. Alors que les déséquilibres devraient être soutenables un certain temps si l’intégration économique continue à ce rythme, un ralentissement du processus de mondialisation augmenterait la possibilité d’un ajustement brutal des marchés financiers. Enfin, l’accroissement des liens commerciaux et internationaux implique que les chocs macroéconomiques affectant un pays ou une région donnée auront dans le futur un impact plus fort sur les autres économies que maintenant. Les décideurs politiques des pays de l’OCDE devraient donc agir plus rapidement et plus fortement aux chocs économiques affectant les économies non membres de l’OCDE afin d’en limiter l’impact sur les économies membres.
    DOI: 10.1787/9789264053656-5-fr
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  • 3
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    Mondialisation et emploi dans les pays de l'OCDE (2009)
    Paris : OECD Publishing
    Details
    Language: French
    Pages: 1 Online-Ressource (38 p.)
    Parallel Title: Parallele Sprachausgabe Globalisation and employment in the OECD
    Keywords: Economics
    Abstract: Nous examinons dans cet article certains des changements qui pourraient se produire sur les marchés nationaux du travail de nombreux pays de l’OCDE en raison de l’internationalisation de la production des entreprises multinationales, en mettant plus particulièrement l’accent sur l’impact des flux d’investissement direct étranger (IDE) en provenance des pays de l’OCDE sur l’emploi dans le pays d’origine des entreprises investisseuses. Les études existantes laissent à penser que l’effet global des échanges et de l’internationalisation de la production sur la situation d’ensemble du marché du travail a été relativement modeste, même si certaines catégories de qualifications et de professions ont été plus fortement touchées. Les résultats empiriques présentés dans cet article tendent à indiquer que l’impact global sur l’emploi des flux sortants d’IDE varie suivant les branches d’activité et les pays. En ce qui concerne les secteurs manufacturiers entretenant des liens commerciaux étroits avec les économies non membres de l’OCDE, certains éléments montrent que l’emploi intérieur est devenu plus sensible aux variations des coûts de main-d’œuvre dans le pays considéré. À l’échelon national, nous parvenons à la conclusion que la croissance de l’investissement à l’étranger exerce un effet positif significatif sur la croissance de l’emploi intérieur aux États-Unis. À l’inverse, on constate l’existence d’une relation négative au Japon, en particulier pour les flux d’IDE à destination de la Chine. Par Margit Molnar, Nigel Pain et Daria Taglioni.
    DOI: 10.1787/9789264053656-3-fr
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  • 4
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    The Usefulness of Output Gaps for Policy Analysis (2008)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 112 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.621
    Keywords: Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    DOI: 10.1787/241172520210
    URL: Volltext
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  • 5
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    Globalisation and employment in the OECD (2008)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2008, no. 1, p. 1-34
    Details
    ISSN: 1995-2856
    Language: English
    Pages: 34 p
    Parallel Title: Parallelausg. Mondialisation et emploi dans les pays de l'OCDE
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2008, no. 1, p. 1-34
    Keywords: Economics
    Abstract: This article reviews some of the possible changes that may occur in the national labour markets of many OECD countries as a result of 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. Existing studies suggest that the overall impact of trade and the internationalisation of production on aggregate labour market outcomes has been comparatively small, although particular skill and occupational groups have been affected more strongly. The empirical findings in the paper suggest that the aggregate employment impact of outward FDI varies across industries and countries. For manufacturing industries with strong commercial links with the non-OECD economies, there is evidence that domestic employment has become more sensitive to movements in domestic labour costs. At the country level, the growth of outward investment is found to have a significant positive effect on domestic employment growth in the United States. In contrast, there is a negative association in Japan, especially from outward investment in China.
    DOI: 10.1787/eco_studies-v2008-art3-en
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  • 6
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    Mondialisation et hausse des prix à la consommation dans les pays de l'OCDE (2008)
    Paris : OECD Publishing
    Details
    Language: French
    Pages: 1 Online-Ressource (34 p.)
    Parallel Title: Parallele Sprachausgabe Globalisation and OECD consumer price inflation
    Keywords: Economics
    Abstract: Au cours des 25 dernières années, l'inflation a considérablement diminué dans toutes les économies de l’OCDE. Pendant ce temps, la production de nombreux biens et services est devenue de plus en plus internationalisée et le niveau du commerce entre les pays de l’OCDE et les pays non membres a augmenté. Cet article étudie dans quelle mesure les changements observés dans le mécanisme d’inflation peuvent être attribués à l’intégration croissante des pays non membres de l’OCDE dans l’économie mondiale. Les résultats de l’analyse montrent que i) les prix d’importation jouent un rôle plus important dans la détermination des prix de consommation domestiques depuis le milieu des années 1990 ; ii) la sensibilité de l’inflation aux conditions économiques domestiques a diminué alors que la sensibilité aux conditions économiques extérieures a augmenté, en jouant à travers les prix d’importation ; et iii) la croissance forte du PIB dans les pays non membres au cours des cinq dernières années a contribué à l’augmentation des prix réels du pétrole et des métaux. Les simulations montrent que la globalisation a entraîné des pressions inflationnistes via des prix des matières premières plus élevés et des pressions désinflationnistes via des prix des importations des produits hors matières premières plus faibles. Le dernier effet semble avoir dominé dans la plupart des pays de l’OCDE.
    DOI: 10.1787/9789264053656-4-fr
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  • 7
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    La procédure budgétaire au Chili (2008)
    Paris : OECD Publishing
    In:  Revue de l'OCDE sur la gestion budgétaire Vol. 4, no. 2, p. 7-49
    Details
    ISSN: 1684-3525
    Language: French
    Pages: 44 p
    Parallel Title: Parallelausg. Budgeting in Chile
    Titel der Quelle: Revue de l'OCDE sur la gestion budgétaire
    Publ. der Quelle: Paris : OCDE, 2001
    Angaben zur Quelle: Vol. 4, no. 2, p. 7-49
    Keywords: Governance ; Chile
    Abstract: En juin 2003, la direction du budget du ministère chilien des finances a demandé à l’OCDE de procéder à un examen de la procédure budgétaire du Chili, selon des modalités analogues à celles qui s’appliquent aux pays membres. L’OCDE a satisfait à cette requête, parce que le Chili a depuis longtemps le statut d’observateur au sein du Groupe de travail des Hauts responsables du budget et en raison du vif intérêt exprimé par les membres du Groupe à l’égard des pratiques budgétaires chiliennes.
    DOI: 10.1787/budget-v4-art8-fr
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  • 8
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    The macroeconomic policy challenges of continued globalisation (2008)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2008, no. 1, p. 1-51
    Details
    ISSN: 1995-2856
    Language: English
    Pages: 52 p
    Parallel Title: Parallelausg. Défis posés par la poursuite de la mondialisation en matière de politique macroéconomique
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2008, no. 1, p. 1-51
    Keywords: Economics
    Abstract: This article investigates the macroeconomic policy challenges associated with a prospective continuation of international trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the OECD. The analysis has several important policy implications. First, with the shares of non-OECD economies in world output, trade, and capital markets rising substantially, global economic developments would become much more dependent on developments in these economies than they used to be. Second, the sustainability of existing global current account imbalances will depend in part on the future build-up and composition of international assets and liabilities. While the imbalances could be sustainable for some time if economic integration continues at its current pace, a slowdown of the globalisation process would raise the likelihood of a disruptive adjustment in financial markets. Third, the increase in trade and financial linkages implies that macroeconomic shocks in a given country or region have a larger impact on other economies in the future than they do today. Policymakers in the OECD may have to act more promptly and more vigorously to economic “shocks” in the non-OECD economies in order to limit the impact on OECD economies.
    DOI: 10.1787/eco_studies-v2008-art5-en
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  • 9
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    Globalisation and OECD consumer price inflation (2008)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2008, no. 1, p. 1-32
    Details
    ISSN: 1995-2856
    Language: English
    Pages: 32 p
    Parallel Title: Parallelausg. Mondialisation et hausse des prix à la consommation dans les pays de l'OCDE
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2008, no. 1, p. 1-32
    Keywords: Economics
    Abstract: Over the past 25 years inflation has moderated considerably in all OECD economies. At the same time, the production of many goods and services has become increasingly internationalised and the level of trade between the OECD and non-OECD economies has risen markedly. This paper investigates the extent to which the observed changes in the inflation process can be attributed to the increasing integration of non-OECD economies into the global economy. The results of the analysis show that i) import prices have become a more important driver of domestic consumer prices since the mid-1990s; ii) the sensitivity of inflation to domestic economic conditions has declined whereas the sensitivity to foreign economic conditions has risen, working through import prices; and iii) the strong GDP growth in the non-OECD economies over the past five years has contributed to the growth of real oil and metals prices. A scenario analysis shows that globalisation has put upward pressure on inflation via higher commodity prices and downward pressure via lower non-commodity import prices with the latter effect having dominated in most OECD economies.
    DOI: 10.1787/eco_studies-v2008-art4-en
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  • 10
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    Budgeting in Australia (2008)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 8, no. 2, p. 1-64
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 64 p
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 8, no. 2, p. 1-64
    Keywords: Governance ; Australia
    Abstract: This review of budgeting in Australia concentrates on the national government only. The article first discusses Australia’s recent economic and fiscal performance and then focuses on the budget formulation process. After a discussion of the role of the Parliament, the article reviews various aspects of budget implementation and management. The article concludes with a special section on Australia’s efforts to eliminate “red tape” within government. This review was undertaken in September 2007; following the election of a new government in Australia in November 2007, some new policies are highlighted, encompassing budget formulation, processes, accounting and management.
    DOI: 10.1787/budget-v8-art9-en
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  • 11
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    The Internationalisation of Production, International Outsourcing and Employment in the OECD (2007)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 74 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.561
    Keywords: Economics
    Abstract: 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. Existing studies suggest that the overall impact of trade and the internationalisation of production on aggregate labour market outcomes has been comparatively small, although particular skill and occupational groups have been affected more strongly. The empirical findings in the paper suggest that the aggregate employment impact of outward FDI varies across industries and countries. For manufacturing industries with strong commercial links with the non-OECD economies, there is evidence that domestic employment has become more sensitive to movements in domestic labour costs. At the country level, the growth of outward investment is found to have a significant positive effect on domestic employment growth in the United States. In contrast, there is a negative association in Japan, especially from outward investment in China.
    DOI: 10.1787/167350640103
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  • 12
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    Globalisation and the Macroeconomic Policy Environment (2007)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 82 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.552
    Keywords: Economics
    Abstract: This paper investigates the macroeconomic policy challenges associated with a prospective continuation of international trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the OECD. The analysis has several important policy implications. First, with the shares of non-OECD economies in world output, trade, and capital markets rising substantially, global economic developments would become much more dependent on developments in these economies than they used to be. Second, the sustainability of existing global current account imbalances will depend in part on the future build-up and composition of international assets and liabilities. While the imbalances could be sustainable for some time if economic integration continues at its current pace, a slowdown of the globalisation process would raise the likelihood of a disruptive adjustment in financial markets. Third, the increase in trade and financial linkages implies that macroeconomic shocks in a given country or region have a larger impact on other economies in the future than they do today. Policymakers in the OECD may have to act more promptly and more vigorously to economic 'shocks' in the non-OECD economies in order to limit the impact on OECD economies.
    DOI: 10.1787/185006265382
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  • 13
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    Budgeting in Austria (2007)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 7, no. 3, p. 1-37
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 38 p
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 7, no. 3, p. 1-37
    Keywords: Governance ; Austria
    Abstract: This article discusses budgeting institutions, processes and practices at the federal level in Austria. Separate sections are devoted to the budget formulation process, the role of parliament, and various aspects of budget implementation and government management issues. Each section highlights the government’s reform agenda and current practices, and analyses the two vis-à-vis OECD best practices.
    DOI: 10.1787/budget-v7-art14-en
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  • 14
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    Les filiales de sociétés étrangères dans les économies de l'OCDE : Leur poids, leurs performances et leur contribution à la croissance du pays d'accueil (2006)
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2005, no. 2, p. 119-151
    Details
    ISSN: 1684-3444
    Language: French
    Pages: 44 p
    Parallel Title: Parallelausg. Foreign Affiliates in OECD Economies: Presence, Performance and Contribution to Host Countries' Growth
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2005, no. 2, p. 119-151
    Keywords: Economics
    Abstract: L’augmentation régulière des investissements étrangers directs (IDE) depuis quelques dizaines d’années explique que les entreprises multinationales d’origine étrangère jouent maintenant un grand rôle dans de nombreuses économies développées ou en développement. Les pays se font concurrence pour attirer ces investissements, parce qu’ils attendent des filiales de multinationales étrangères qu’elles contribuent à leur bien-être de multiples façons. Mais quelle est l’incidence exacte de leur présence sur l’économie du pays d’accueil?
    DOI: 10.1787/eco_studies-v2005-art5-fr
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  • 15
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    Budgeting in Chile (2006)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 4, no. 2, p. 7-45
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 40 p
    Parallel Title: Parallelausg. La procédure budgétaire au Chili
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 4, no. 2, p. 7-45
    Keywords: Governance ; Chile
    Abstract: In June 2003, the Budget Office of the Ministry of Finance of Chile requested the OECD to carry out a review of the Chilean budgeting system in a similar fashion as it does for its member countries. The OECD responded positively to this request, recognising that Chile is an established observer of the OECD Working Party of Senior Budget Officials and recognising the strong interest in the Chilean budgeting system expressed by members of the Working Party.
    DOI: 10.1787/budget-v4-art8-en
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  • 16
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    Foreign Affiliates in OECD Economies : Presence, Performance and Contribution to Host Countries' Growth (2006)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2005, no. 2, p. 109-139
    Details
    ISSN: 1995-2856
    Language: English
    Pages: 41 p
    Parallel Title: Parallelausg. Les filiales de sociétés étrangères dans les économies de l'OCDE : Leur poids, leurs performances et leur contribution à la croissance du pays d'accueil
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2005, no. 2, p. 109-139
    Keywords: Economics
    Abstract: In recent decades, foreign direct investment (FDI) has steadily increased so that foreign owned multinational enterprises (MNEs) now play an important role in the economy of many developed and developing economies. Countries compete with each other to attract FDI because they expect affiliates of foreign MNEs to contribute to the welfare of the host economy through multiple channels. But what precisely is the impact of foreign affiliates on the host country economy?
    DOI: 10.1787/eco_studies-v2005-art12-en
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  • 17
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    Budgeting in Singapore (2006)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 6, no. 1, p. 45-85
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 42 p
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 1, p. 45-85
    Keywords: Governance ; Singapore
    Abstract: The public finance system of Singapore consists of four “pillars”: the budget sector itself; the Central Provident Fund; the government investment agencies; and various special funds not consolidated into the budget. The budget process is characterised by close interministerial co-operation and the use of constitutional fiscal rules, spending ceilings for ministries (“block budgets”), across-the-board budget extractions (spending cuts), endowment funds, central manpower controls, and continual underspending. Parliament has a limited role. The President of the Republic has an important role as “fiscal guardian”. The article describes these particular features of the Singapore budget process, and discusses other elements of budget implementation and government management such as the organisational structure of the government, the execution of budget appropriations, personnel management, financial management and reporting, and performance and results initiatives.
    DOI: 10.1787/budget-v6-art3-en
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  • 18
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    Issues in Accrual Budgeting (2006)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 4, no. 1, p. 103-119
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 19 p
    Parallel Title: Parallelausg. Questions soulevées par la budgétisation sur la base des droits constatés
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 4, no. 1, p. 103-119
    Keywords: Governance
    Abstract: There would appear to be a growing consensus among OECD member countries concerning the merits of adopting accrual accounting in the public sector. Nearly one-third of member countries have adopted full accrual accounting and a number of other member countries have adopted accrual accounting for specific transactions – most frequently for the recording of interest on the public debt and employee pension costs.
    DOI: 10.1787/budget-v4-art5-en
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  • 19
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    La procédure budgétaire au Danemark (2006)
    Paris : OECD Publishing
    In:  Revue de l'OCDE sur la gestion budgétaire Vol. 4, no. 1, p. 57-91
    Details
    ISSN: 1684-3525
    Language: French
    Pages: 36 p
    Parallel Title: Parallelausg. Budgeting in Denmark
    Titel der Quelle: Revue de l'OCDE sur la gestion budgétaire
    Publ. der Quelle: Paris : OCDE, 2001
    Angaben zur Quelle: Vol. 4, no. 1, p. 57-91
    Keywords: Governance ; Denmark
    Abstract: Le Danemark dispose d’un secteur public très important, et cela depuis longtemps. Il représente actuellement plus de 56 % du PIB, soit la proportion la plus élevée de tous les pays membres à l’exception de la Suède.
    DOI: 10.1787/budget-v4-art3-fr
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  • 20
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    Budgeting in Denmark (2006)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 4, no. 1, p. 49-79
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 33 p
    Parallel Title: Parallelausg. La procédure budgétaire au Danemark
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 4, no. 1, p. 49-79
    Keywords: Governance ; Denmark
    Abstract: Denmark has a very large public sector and this has historically been the case. Currently at over 56% of GDP, the size of the public sector in Denmark is larger than that of any other OECD member country except Sweden.
    DOI: 10.1787/budget-v4-art3-en
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  • 21
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    Questions soulevées par la budgétisation sur la base des droits constatés (2006)
    Paris : OECD Publishing
    In:  Revue de l'OCDE sur la gestion budgétaire Vol. 4, no. 1, p. 121-142
    Details
    ISSN: 1684-3525
    Language: French
    Pages: 23 p
    Parallel Title: Parallelausg. Issues in Accrual Budgeting
    Titel der Quelle: Revue de l'OCDE sur la gestion budgétaire
    Publ. der Quelle: Paris : OCDE, 2001
    Angaben zur Quelle: Vol. 4, no. 1, p. 121-142
    Keywords: Governance
    Abstract: Il apparaît qu’un consensus de plus en plus large se dégage, parmi les pays membres de l'OCDE, sur les mérites de l’adoption de la comptabilité sur la base des droits constatés dans le secteur public.
    DOI: 10.1787/budget-v4-art5-fr
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  • 22
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    Market-type Mechanisms and the Provision of Public Services (2006)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 5, no. 1, p. 79-106
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 29 p
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 1, p. 79-106
    Keywords: Governance
    Abstract: Market-type mechanisms are defined as “encompassing all arrangements where at least one significant characteristic of markets is present.” In the area of service provision, the prime instruments include outsourcing (contracting out), publicprivate partnerships (PPPs) and vouchers. This article describes each instrument, surveys its use in OECD countries, analyses the key issues involved, and offers an overall assessment.
    DOI: 10.1787/budget-5-5l9n6d3f718r
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  • 23
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    Globalisation and Inflation in the OECD Economies (2006)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 64 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.524
    Keywords: Economics
    Abstract: Over the past 25 years inflation has moderated considerably in all OECD economies. At the same time, the production of many goods and services has become increasingly internationalised and the level of trade between the OECD and non-OECD economies has risen markedly. This paper investigates the extent to which the observed changes in the inflation process can be attributed to the increasing integration of non-OECD economies into the global economy. The results of the analysis show that i) import prices have become a more important driver of domestic consumer prices since the mid-1990s; ii) the sensitivity of inflation to domestic economic conditions has declined whereas the sensitivity to foreign economic conditions has risen, working through import prices; and iii) the strong GDP growth in the non-OECD economies over the past five years has contributed to the growth of real oil and metals prices. A scenario analysis shows that globalisation has put upward pressure on inflation via higher commodity prices and downward pressure via lower non-commodity import prices with the latter effect having dominated in most OECD economies.
    DOI: 10.1787/377011785643
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  • 24
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    Indicator models of real GDP growth in the major OECD economies (2006)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2005, no. 1, p. 167-217
    Details
    ISSN: 1995-2856
    Language: English
    Pages: 53 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2005, no. 1, p. 167-217
    Keywords: Economics
    Abstract: Accurate and timely information on the current state of economic activity is an important requirement for the policymaking process. Delays in the publication of official statistics mean that a complete picture of economic developments within a particular period emerges only some time after that period has elapsed. Thus considerable resources are, at times, devoted to making an assessment of the immediate past and the current conjuncture as well as projections about future developments. In practice, a regular flow of information is provided by the large number of quantitative and qualitative indicators that appear each month for different sectors of the economy. One challenge for policymakers is to put these together in a consistent manner to obtain a picture of the overall state of the economy.
    DOI: 10.1787/eco_studies-v2005-art7-en
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  • 25
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    Budgeting in Thailand (2006)
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 5, no. 3, p. 7-36
    Details
    ISSN: 1681-2336
    Language: English
    Pages: 31 p
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 3, p. 7-36
    Keywords: Governance ; Thailand
    Abstract: Thailand has a sophisticated budget formulation process which has delivered solid fiscal results over time. This article discusses aspects of the budget process, including strategic performance budgeting, central development planning, the steps in the budget preparation timetable, and the roles of the spending ministries, the Bureau of the Budget and the Central Fund.
    DOI: 10.1787/budget-v5-art16-en
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  • 26
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    Innovation in the Business Sector (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 59 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.459
    Keywords: Economics
    Abstract: This paper draws together the key findings from separate detailed analyses of the determinants of R&D, patenting and the commercial introduction of innovations in the business sector in order to identify the policies, institutions and framework factors that provide the most effective means of supporting innovation. The evidence suggests that there is a clear role for framework conditions, framework policies and specific science policies, both independently and in interaction with each other. Policies that raise the absorptive capacity of the economy (the capacity to understand and make use of new knowledge) are likely to have dual benefits, not only helping to stimulate new innovative activities, but also helping to maximise the benefits to be gained from the existing stock of knowledge. Potential policy trade-offs also need to be taken into account. Some policies that offer benefits for current innovation also have costs that could adversely affect future incentives to innovate. Others have trade-offs when considered in combination. Cross-country differences in the level of R&D intensity are shown to be closely correlated with crosscountry differences in science policies and institutions. Framework conditions and policies have an important influence when accounting for cross-country differences in the rate of change of R&D intensities over time.
    DOI: 10.1787/688727757285
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  • 27
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    The New OECD International Trade Model (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 105 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.440
    Keywords: Economics
    Abstract: This paper provides a detailed description of recent research to re-estimate and re-specify the international trade volume and price equations that are used in the OECD Economics Department to analyse international trade developments. New panel data estimates of the factors affecting export performance, import penetration and exchange rate pass-through into trade prices are reported for both OECD and non-OECD economies. The model set out has already been used successfully to monitor the global consistency of the international trade projections in the Economic Outlook.
    DOI: 10.1787/680050777016
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  • 28
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    From Innovation Development to Implementation : Evidence from the Community Innovation Survey (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 56 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.458
    Keywords: Economics
    Abstract: Innovation surveys provide a broad measure of the successful commercial introduction of new product and process innovations. The dual purposes of this paper are to establish whether survey-based measures of innovation are related to more widely used intermediate measures, such as R&D and patents, and to identify the principal factors that affect the probability of successful innovation. Cross-country panel data is used from the third European Community Innovation Survey (CIS3), with allowance made for possible differences by firm size and by sector of activity. The survey measures of innovative activity and success are found to be positively correlated with past R&D and patenting, suggesting that factors affecting the development of innovations also affect their subsequent implementation. The availability of qualified personnel and private financing, less rigid product and labour market regulations, greater co-operation in the innovation process and public financial support are all found to be positively associated with the proportion of successful innovators for at least some sectors and firm sizes. Innovation in small firms is found to be more dependent on co-operation and the availability of finance than in larger firms.
    DOI: 10.1787/701385123017
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  • 29
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    International Production Relocation and Exports of Services (2005)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2004, no. 1, p. 67-94
    Details
    ISSN: 1995-2856
    Language: English
    Pages: 40 p
    Parallel Title: Parallelausg. Relocalisation internationale de la production et exportations de services
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2004, no. 1, p. 67-94
    Keywords: Economics
    Abstract: This paper explores the relationship between the relocation of international production and exports of services from the United States using a number of different panel data estimators for six different categories of services. A conventional export demand relationship is augmented by three different measures of the extent of international production relocation by US-based parent companies in service and non-service industries. Our results reveal considerable heterogeneity in the relationship...
    DOI: 10.1787/eco_studies-v2004-art4-en
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  • 30
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    The Contribution of Foreign Affilliates to Productivity Growth : Evidence from OECD Countries (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 52 p. , 21 x 29.7cm
    Series Statement: OECD Science, Technology and Industry Working Papers no.2005/08
    Keywords: Science and Technology
    Abstract: This study uses new information to determine the role of foreign affiliates in productivity growth. The study has three aims. Firstly, the study quantifies the contribution of foreign affiliates to productivity growth in OECD countries using a growth accounting approach. Secondly, the analysis shows how much of this contribution derives from an increase in the employment share of foreign affiliates in the host country relative to an increase in the productivity of existing foreign affiliates. Thirdly, the study compares the presence of foreign affiliates across OECD countries. The information is derived by matching three OECD data sources: the STAN database for industrial analysis, the AFA (Activities of Foreign Affiliates) and FATS (Foreign Affiliates in Trade and Services) databases. Despite its limitations, this combined database provides longitudinal industry level information on both the presence and the productivity of foreign affiliates in OECD countries. The analysis confirms that foreign affiliates can make an important contribution to productivity growth. The contribution is larger in the manufacturing sector. In the services sector and in low-tech manufacturing sectors, the largest component of the contribution of foreign affiliates is due to the increased employment share of foreign affiliates. In medium- and high-tech sectors, the contribution is mainly driven by stronger productivity growth of existing foreign affiliates. In the United States the contribution is consistently driven by stronger productivity growth of existing foreign affiliates in both the manufacturing and the services sectors.
    DOI: 10.1787/534235088410
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  • 31
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    From Ideas to Development : The Determinants of R&D and Patenting (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 60 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.457
    Keywords: Economics
    Abstract: This paper uses panel regressions to investigate the effects of innovation policies and framework factors on business R&D intensity and patenting for a sample of 20 OECD countries over the period 1982- 2001. Both sets of factors are found to matter; the main determinants of innovativeness appear to be the availability of scientists and engineers, research conducted in the public sector (including universities), business-academic links, the degree of product market competition, a high level of financial development and access to foreign inventions. The effect of direct public financial support for business R&D is generally positive but modest, though it may larger for cash-constrained firms. Intellectual property rights appear to increase patenting significantly, but have little impact on R&D spending. Finally, the paper takes a closer look at the labour market for researchers, estimating jointly equations for employment and wages. Although the supply of scientists and engineers is eventually responsive to wage differentials, both with other professions and across countries, the evidence suggests that it may difficult to raise significantly the real amount of domestic R&D in the short run because the supply of researchers is relatively inelastic.
    DOI: 10.1787/702226422387
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  • 32
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    Relocalisation internationale de la production et exportations de services (2005)
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2004, no. 1, p. 75-105
    Details
    ISSN: 1684-3444
    Language: French
    Pages: 44 p
    Parallel Title: Parallelausg. International Production Relocation and Exports of Services
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2004, no. 1, p. 75-105
    Keywords: Economics
    Abstract: Ces vingt dernières années, les échanges internationaux et l’investissement direct étranger (IDE) dans le secteur des services ont connu une remarquable expansion dans presque tous les pays de l’OCDE. Cette évolution s’explique en partie par la mondialisation générale des activités économiques durant cette période, comme le montrent, par exemple, Nicoletti et al. (2003). Cependant, le rythme de l’internationalisation dans le secteur des services a été encore plus rapide que dans les autres secteurs. Entre 1983 et 2003, la part (en dollars) des exportations de services dans les exportations totales de biens et de services de la zone de l’OCDE a progressé de plus de 2 points pour s’établir à un peu moins de 22 pour cent. Il est plus difficile d’estimer la part des transactions portant sur...
    DOI: 10.1787/eco_studies-v2004-art4-fr
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  • 33
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    An Overview of Public Policies to Support Innovation (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 33 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.456
    Keywords: Economics
    Abstract: Innovation is a broad topic, about which much has been written. Almost every kind of public policy has either a direct or an indirect impact on factors that affect innovative activity. The purpose of this paper is to draw out the key implications from selected studies concerning a small number of science-related policies that are widely employed in order to deal with perceived market failures in the innovation process. The main issues considered are fiscal incentives for private R&D, the role of public research organisations, the regulation of intellectual property, the availability of finance, and the supply of skilled human resources for science and technology. Two central themes developed in the paper are the need for accurate evaluation of all these policies, since each may have costs as well as benefits, and the likely enhancement of the wider social benefits from innovation if knowledge is able to diffuse freely, and if potential beneficiaries have sufficient absorptive capacity to be able to understand and use new knowledge productively.
    DOI: 10.1787/707375561288
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