Strengthening Post Crisis Fiscal Credibility is popular PDF and ePub book, written by Mr.Xavier Debrun in 2014-04-08, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Strengthening Post Crisis Fiscal Credibility can be Read Online from any device for your convenience.
Strengthening Post Crisis Fiscal Credibility Book PDF Summary
Institutions aimed at constraining policy discretion to promote sound fiscal policies are once again at the forefront of the policy debate. Interest in “fiscal councils,” independent watchdogs active in the public debate, has grown rapidly in recent years. This paper presents the first cross-country dataset summarizing key characteristics of fiscal councils among IMF members. The data documents a surge in the number of fiscal councils since the crisis. It also illustrates that well-designed fiscal councils are associated with stronger fiscal performance and better macroeconomic and budgetary forecasts. Key features of effective fiscal councils include operational independence from politics, the provision or public assessment of budgetary forecasts, a strong presence in the public debate, and the monitoring of compliance with fiscal policy rules.
Detail Book of Strengthening Post Crisis Fiscal Credibility PDF
- Author : Mr.Xavier Debrun
- Release : 08 April 2014
- Publisher : International Monetary Fund
- ISBN : 9781475525151
- Genre : Business & Economics
- Total Page : 35 pages
- Language : English
- PDF File Size : 20,9 Mb
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