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Fiscal councils as a mechanism for establishing fiscal discipline [PDF]
Under the impact of the global economic crisis, the contemporary budget systems have been subject to extensive reforms. There is a growing number of scholars advocating the establishment of fully independent fiscal institutions which would be in charge ...
Anđelković Mileva
doaj +3 more sources
The impact of fiscal councils on the budgetary consolidation [PDF]
Fiscal councils are independent institutions that play an important role in execution of fiscal rules and budgetary discipline through their realistic and unbiased macroeconomic and budgetary analysis and projections.
Ante Žigman, Martina Jergović
doaj +2 more sources
What should fiscal councils do? [PDF]
Fiscal councils now exist in a number of countries. This paper first considers the extent of deficit bias, potential explanations for it, and how independent institutions could help reduce it. Are fiscal councils complements to or substitutes for fiscal rules, and why do none at present have any formal control over fiscal decisions?
Lars Calmfors, Simon Wren-Lewis
exaly +10 more sources
The Fiscal Councils – Independent Fiscal Institutions for Ensuring Fiscal Discipline [PDF]
Ensuring the sustainability of public finances can only be achieved through substantial and relevant analysis and evaluation of the problems faced by the fiscal and budgetary fields.
Comăniciu Carmen
doaj +1 more source
From invisibility to political power: Policy lessons from a decade of Brazil's Social Forum for Infectious and Neglected Diseases. [PDF]
Neglected tropical diseases (NTDs) cluster among populations living in poverty and facing overlapping social, environmental, and political vulnerabilities.
Eloan Dos Santos Pinheiro +7 more
doaj +2 more sources
FISCAL COUNCILS IN EU MEMBER STATES: IMPACT ON FISCAL DISCIPLINE
Stanislav Šaroch, Martin Gorčák
exaly +2 more sources
Fiscal Rules and Fiscal Councils
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 frameworks were put to test. The widespread use of escape clauses was one of the novelties in this crisis, which helped provide policy room to respond to the health crisis. But the unprecedented
Hamid Davoodi +7 more
openaire +2 more sources
Is EU Fiscal Governance Effective? A Case Study for the Period 1999–2019
This paper examines the factors that influence the effectiveness of fiscal governance in the EU through a panel of 19 Eurozone countries for the period 1999–2019 using an OLS method. The results show the positive effects of economic growth, inflation and
Panagiotis Liargovas, Vasilis Pilichos
doaj +1 more source
Much literature exists on fiscal decentralization and intergovernmental fiscal relations in sub-Saharan Africa, and some of the very salient policy actions that have impacted local government development have emerged from such literature. The developing
Ndamsa D. Thomas +2 more
doaj +1 more source
The political economy of fiscal transparency and independent fiscal councils [PDF]
The global surge in independent fiscal councils (IFCs) raises three related questions: How can IFCs improve the conduct of fiscal policy? Are they simultaneously desirable for voters and elected policymakers? And are they resilient to changes in political conditions?
Roel Beetsma +2 more
openaire +7 more sources

