Fiscal frameworks and fiscal sustainability in the Nordics

Fiscal frameworks and fiscal sustainability in the Nordics PDF Author: Calmfors, Lars
Publisher: Nordic Council of Ministers
ISBN: 9289365633
Category : Political Science
Languages : en
Pages : 176

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Book Description
Public finances in the Nordics are facing great future challenges due to demographic developments. Increasing longevity is changing the age structure of the population, significantly raising the share of older people and thus the old-age dependency ratio. Over the last two decades, there has been a strong international trend to strengthen fiscal frameworks by adopting more stringent fiscal rules as well as increasing transparency and accountability. A first aim of the report is to survey and evaluate the fiscal frameworks in the Nordic countries. A second aim is to review how long-run sustainability analyses of public finances are made – and communicated to policy-makers and the general public – in the Nordics, by Ministries of Finance as well as by other institutions. The report also concludes the severity of the fiscal-sustainability problems in the Nordic countries.

Fiscal Frameworks and Fiscal Sustainability in the Nordics

Fiscal Frameworks and Fiscal Sustainability in the Nordics PDF Author:
Publisher:
ISBN: 9789289365628
Category :
Languages : en
Pages :

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Book Description


Fiscal Frameworks and Fiscal Sustainability in the Nordics

Fiscal Frameworks and Fiscal Sustainability in the Nordics PDF Author: Lars Calmfors
Publisher:
ISBN: 9789289365642
Category :
Languages : en
Pages :

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Book Description
Public finances in the Nordics are facing great future challenges due to demographic developments. Increasing longevity is changing the age structure of the population, significantly raising the share of older people and thus the old-age dependency ratio. Over the last two decades, there has been a strong international trend to strengthen fiscal frameworks by adopting more stringent fiscal rules as well as increasing transparency and accountability. A first aim of the report is to survey and evaluate the fiscal frameworks in the Nordic countries. A second aim is to review how long-run sustainability analyses of public finances are made - and communicated to policy-makers and the general public - in the Nordics, by Ministries of Finance as well as by other institutions. The report also concludes the severity of the fiscal-sustainability problems in the Nordic countries.

Stress Testing at the IMF

Stress Testing at the IMF PDF Author: Mr.Tobias Adrian
Publisher: International Monetary Fund
ISBN: 1513520741
Category : Business & Economics
Languages : en
Pages : 73

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Book Description
This paper explains specifics of stress testing at the IMF. After a brief section on the evolution of stress tests at the IMF, the paper presents the key steps of an IMF staff stress test. They are followed by a discussion on how IMF staff uses stress tests results for policy advice. The paper concludes by identifying remaining challenges to make stress tests more useful for the monitoring of financial stability and an overview of IMF staff work program in that direction. Stress tests help assess the resilience of financial systems in IMF member countries and underpin policy advice to preserve or restore financial stability. This assessment and advice are mainly provided through the Financial Sector Assessment Program (FSAP). IMF staff also provide technical assistance in stress testing to many its member countries. An IMF macroprudential stress test is a methodology to assess financial vulnerabilities that can trigger systemic risk and the need of systemwide mitigating measures. The definition of systemic risk as used by the IMF is relevant to understanding the role of its stress tests as tools for financial surveillance and the IMF’s current work program. IMF stress tests primarily apply to depository intermediaries, and, systemically important banks.

OECD Public Governance Reviews Finland: Working Together to Sustain Success

OECD Public Governance Reviews Finland: Working Together to Sustain Success PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264086080
Category :
Languages : en
Pages : 287

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Book Description
This review of public governance in Finland finds the traditional Nordic model under pressure from rapid ageing, the economic crisis and societal disillusionment. It makes recommendations for improving public governance in Finland.

Reform Capacity and Macroeconomic Performance in the Nordic Countries

Reform Capacity and Macroeconomic Performance in the Nordic Countries PDF Author: Torben M. Andersen
Publisher: Oxford University Press, USA
ISBN: 0198717105
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
This volume examines whether the reform experiences in the Nordic economies offer some lessons for the design of the general fiscal framework in the wake of the financial crisis.

Nordic Economic Policy Review Number 1 / 2010

Nordic Economic Policy Review Number 1 / 2010 PDF Author: Nordiska Ministerrådet
Publisher: Nordic Council of Ministers
ISBN: 9289320893
Category : Economic policy
Languages : en
Pages : 224

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Book Description


Low-Carbon Circular Transition in the Nordics

Low-Carbon Circular Transition in the Nordics PDF Author: Sepponen, Susanna
Publisher: Nordic Council of Ministers
ISBN: 9289375132
Category : Business & Economics
Languages : en
Pages : 169

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Book Description
Available online: https://pub.norden.org/temanord2023-504/ The Nordic region aims to be a forerunner in the transition to circular economy. This project aimed to find areas, industries, and sectors, and potential in them, important for the circular transition in the Nordics. The barriers for unleashing the potential were also studied.Four areas of industry and two cross-cutting drivers were selected for the study. The bioeconomy, the food and beverage sector, building and construction, and the mobility sector play a prominent role in the Nordic economies. They are also responsible for significant emissions and waste. The drivers – applying new circular business models and better exploiting data/digitalisation – can bring change that holds promise for significant benefits.The study’s results are summed up in a set of recommendations addressing how the barriers can be torn down and how positive impacts of circular transition can be supported.

OECD Economic Surveys: Finland 2010

OECD Economic Surveys: Finland 2010 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264084770
Category :
Languages : en
Pages : 127

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Book Description
OECD's periodic survey of Finland's economy. This 2010 edition includes chapters on overcoming the crisis, sustainable public finances, coping with the jobs crisis and preparing for ageing, and rising inequalities.

EBOOK: Nordic Health Care Systems: Recent Reforms and Current Policy Challenges

EBOOK: Nordic Health Care Systems: Recent Reforms and Current Policy Challenges PDF Author: Jon Magnussen
Publisher: McGraw-Hill Education (UK)
ISBN: 0335238149
Category : Medical
Languages : en
Pages : 357

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Book Description
"The book is very valuable as actual information about the health systems in the Nordic countries and the changes that have been made during the last two decades. It informs well both about the similarities within the 'Nordic Health Model' and the important differences that exist between the countries." Bo Könberg, County Governor, Former Minister of Health and Social Insurance in Sweden (1991-94) "This book is a rich, interesting and very useful document. I have been looking, for example, today for precise information on political governing which is not displayed anywhere else. It will be of importance in many aspects!" Johan Calltorp MD PhD, Professor of Health Policy and Management, The Nordic School of Public Health, Gotenburg "The publishing of this book about the Nordic health care systems is a major event for those interested not only in Nordic health policy and health systems but also for everybody interested in comparative health policy and health systems. It is the first book in its kind. It covers the four 'large' Nordic countries, Denmark, Norway, Sweden and Finland, and does so in a very systematically comparative way. The book is well organized, covers 'everything' and is analytically sophisticated." Ole Berg, nstitute of Health Management and health economics, University of Oslo, Norway This book examines recent patterns of health reform in Nordic health care systems, and the balance between stability and change in how these systems have developed. The health systems in Norway, Denmark, Sweden and Finland are investigated through detailed comparisons along a variety of policy-driven parameters. The following themes are explored: Politicians, patients, and professions Financing, production, and distribution The role of the primary health sector The role of public health Internal management mechanisms Impact of the European Union The book probes the impact of these topics and then contrasts the development across all four, allowing the reader to gain a sense of perspective both on the individual countries as well as on the region as a whole. The editors also explore the extent to which a Nordic Health Care Model exists, and the degree to which that model will continue to help explain the future direction of health policy-making in these four countries. An additional chapter on recent developments in Iceland completes the work. Contributors: Tinna L. Ásgeirsdóttir, Paula Blomquist, Johan Calltorp, Terje P. Hagen, Unto Häkkinen, Peter K. Jespersen, Pia M. Jonsson, Lars Erik Kjekshus, Allan Krasnik, Meri Larivaara, Juhani Lehto, Kalevi Luoma, Jon Magnussen, Dorte S. Martinsen, Pål E. Martinussen, Bård Paulsen, Clas Rehnberg, Ånen Ringard, Richard B. Saltman, Signild Vallgårda, Karsten Vrangbæk, Ulrika Winblad, Sirpa Wrede.