Fiscal Rules and Fiscal Councils: Recent Trends and Performance During the COVID-19 Pandemic
Language: en
Pages: 41
Authors: Mr. Hamid R Davoodi
Categories: Business & Economics
Type: BOOK - Published: 2022-01-27 - Publisher: International Monetary Fund

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Adoption of fiscal rules and fiscal councils continued to increase globally over the last decades based on two new global datasets. During the pandemic, fiscal
Fiscal Councils
Language: en
Pages: 26
Authors: Mr.Roel M. W. J. Beetsma
Categories: Business & Economics
Type: BOOK - Published: 2016-04-08 - Publisher: International Monetary Fund

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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
Fiscal Rules in Response to the Crisis
Language: en
Pages: 49
Authors: Ms.Andrea Schaechter
Categories: Business & Economics
Type: BOOK - Published: 2012-07-01 - Publisher: International Monetary Fund

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Strengthening fiscal frameworks, in particular fiscal rules, has emerged as a key response to the fiscal legacy of the crisis. This paper takes stock of fiscal
The Return to Fiscal Rules
Language: en
Pages: 37
Authors: Francesca Caselli
Categories: Business & Economics
Type: BOOK - Published: 2022-10-11 - Publisher: International Monetary Fund

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Governments face difficult policy trade-offs with record debt levels, tightening monetary policies, and urgent demands, including food and energy crises, the cl
Do Fiscal Councils Impact Fiscal Performance?
Language: en
Pages: 35
Authors: Giovanni Coletta
Categories:
Type: BOOK - Published: 2015 - Publisher:

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The lack of budget transparency and projections accuracy have been among the determinants of the last four decades high deficit and debt, as the recent 2008-200