Independent Fiscal Councils
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Language: en
Pages: 28
Pages: 28
Type: BOOK - Published: 2018-03-23 - Publisher: International Monetary Fund
Countries increasingly rely on independent fiscal councils to constrain policymakers’ discretion and curb the bias towards excessive deficits and pro-cyclical
Language: en
Pages: 26
Pages: 26
Type: BOOK - Published: 2016-04-08 - Publisher: International Monetary Fund
The paper discusses the effectiveness of independent fiscal institutions—or fiscal councils—in taming the deficit bias that emerged in the 1970s. After a re
Language: en
Pages: 548
Pages: 548
Type: BOOK - Published: 2017-04-07 - Publisher: International Monetary Fund
Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and ins
Language: en
Pages: 28
Pages: 28
Type: BOOK - Published: 2018-03-29 - Publisher: International Monetary Fund
Countries increasingly rely on independent fiscal councils to constrain policymakers’ discretion and curb the bias towards excessive deficits and pro-cyclical
Language: en
Pages: 260
Pages: 260
Type: BOOK - Published: 2015-11-18 - Publisher: OECD Publishing
This book takes an interdisciplinary look at how the institutions of intergovernmental fiscal relations are shaped, drawing on work by both academics and practi