Wednesday, July 06, 2011

Governance: Fiscal consolidation should lead to more efficient government, says OECD


The fiscal effort made by governments to help citizens and businesses bounce back from the global economic crisis pushed government’s share of the economy to record highs, according to a new OECD report.

Several countries now require substantial progress in government efficiency in order to reconcile fiscal consolidation and responsiveness to citizens’ needs.

See full Press Release.