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• Andrew Rossini Burns

Since the early 1990s, when France's general government deficit reached a disturbing 6 per cent of GDP, the country's public finances have progressed substantially, even though significantly further improvement is required. This paper examines the tools available to policy-makers to meet this challenge. The clearest message is that, given the relatively small size of the State Budget in total spending, the challenge cannot be met by the State sector alone. Social security, as the principal source of spending pressure, must play a role, but so too must sub-national government -- especially if current plans to transfer additional responsibilities to the local level go through. If policy-makers are to succeed in directing public expenditure so as to create this room, they will have to clarify governance structures so that those who administer programmes face appropriate incentives to control costs and maximise programme efficiency ...

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Paper provided by OECD Economics Department in its series OECD Economics Department Working Papers with number 409.

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Date of creation: 29 Oct 2004
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Handle: RePEc:oec:ecoaaa:409-en

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Related research

Keywords: public expenditure general government budgetary transparency multi-year budgeting programme evaluation

Find related papers by JEL classification:
H0 - Public Economics - - General
H1 - Public Economics - - Structure and Scope of Government
H4 - Public Economics - - Publicly Provided Goods
H5 - Public Economics - - National Government Expenditures and Related Policies
H6 - Public Economics - - National Budget, Deficit, and Debt
H7 - Public Economics - - State and Local Government; Intergovernmental Relations

This paper has been announced in the following NEP Reports:

• NEP-ALL-2005-08-13 (All new papers)
• NEP-PBE-2005-08-13 (Public Economics)

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