Download PDF by Organisation for Economic Co-Operation and Development: OECD Economic Outlook. 2004/1. No. 75, June

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18 .. 101 .. 39 30 90 .. 34 26 101 .. 30 90 .. 0 94 91 -39 48 92 109 -49 44 117 169 21 59 115 187 25 55 106 .. 59 104 .. 0 7 -93 .. .. -5 -118 .. .. 33 34 .. 61 .. 26 32 .. 59 .. .. 61 .. .. 59 .. 7 35 3 .. 36 48 30 0 .. 40 53 61 60 .. 54 65 57 58 .. 58 70 47 51 .. 42 .. 43 48 .. 47 .. org/eco/sources-and-methods). a) General government fiscal surplus (+) or deficit (-) as a percentage of GDP. b) Includes all financial liabilities minus financial assets, as defined by the System of National Accounts (where data availability permits) and covers the general government sector, which is a consolidation of central, state and local government and social security.

380, 2004. 32. This primarily concerns jobs in call centres, back-office operations, data entry and conversion tasks, routine insurance claim processing and medical transcription work, but also more unexpected ones – for example the remote monitoring of security cameras in US car parks by staff located in the Cape Verde islands in Africa – or higher skilled ones, such as the interpretation of computed tomography scans taken in US hospitals by radiologists in India. 33. Outsourcing also takes place within advanced OECD countries (partly accounting for measured “deindustrialisation”), or between them (the United Kingdom and Ireland, but also Canada and the United States, being among the more important destinations).

A. de Serres and C. de la Maisonneuve, “Tax-favoured private pension plans in OECD countries: long-term budgetary implications and policy issues”, OECD Economics Department Working Papers, forthcoming. 17). In 2003, the general government deficit was around 4 per cent of GDP in France and Germany. In 2004-05, revenues as a share of GDP are projected to decline further in some countries, including in Germany, as new tax cuts come into effect. On current policies, and despite some foreseen improvement in the cyclically-adjusted primary balance, deficits are projected to remain above 3 per cent of GDP in France and Germany in 2004-05, and to approach 4 per cent of GDP in Italy, as the effect of some non-recurrent measures wears off.

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