Related Books
Language: en
Pages: 54
Pages: 54
Type: BOOK - Published: 2013-07-16 - Publisher: International Monetary Fund
This supplement presents case studies of seven fiscal councils and examines how each council performs its core functions and if and how it impacts on the fiscal
Language: en
Pages: 63
Pages: 63
Type: BOOK - Published: 2013-07-16 - Publisher: International Monetary Fund
In recent years, a rapidly growing number of countries have established independent agencies aimed at promoting sound fiscal policies. Although these institutio
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: 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: 257
Pages: 257
Type: BOOK - Published: 2015-04-20 - Publisher: International Monetary Fund
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a