EU: one-size fiscal policy doesn’t fit all

In an uncertain world, we need an approach to responsible fiscal policy that is tailored to individual countries, and groups of countries. In the EU this means very different policies according to member states’ needs Read more

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The Greek election: a travesty based on a lie

Syriza’s win in the Greek elections has focused global attention on the country’s problematic public finances. But one of the myths about Greece is that is has a debt problem at all Read more

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New Year’s resolutions from IPSASB

The publication of a Conceptual Framework from the International Public Sector Accounting Standards Board marks the start of a new year. Like the best resolutions, it’s all about self-improvement. Read more

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Rethinking development in an age of uncertainty

Both the World Bank and the OECD have begun to question the central tenets on which their thinking and advocacy is based. This is a welcome step and will hopefully lead to more nuanced and collaborative development policy Read more

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Fair and equitable funding: lessons from Australia

Australia’s Commonwealth Grants Commission has for the past 80 years worked to ensure fiscal equalisation between the federation’s states and territories. It could provide an instructive example to other nations grappling with devolution funding Read more

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Australia: beware conservative complacency

After two decades of economic good times, Australia’s prosperity is under threat while Tony Abbott’s government pursues pet ideological projects Read more

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The G20 is keeping the focus on tax transparency

The communiqué issued by the G20 following its recent Brisbane meeting maintains the momentum on tackling international tax avoidance and evasion Read more

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EU investment plan – long on hope, short on money?

Jean-Claude Juncker’s European Investment Plan uses public money to draw out private investment. But there are big questions marks over whether it will succeed Read more

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Global competitiveness needs local collaboration

Public services are crucially important to countries’ future competitiveness and can produce more inclusive economies Read more

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EU banks: still stressed

Beware an overly rosy interpretation of last month’s EU-wide bank stress tests. They used unreliable measures of bank capital ratios. The ECB must do more to fix undercapitalisation

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