The Roles of Fiscal Rules, Fiscal Councils and Fiscal Union in EU Integration [PDF]
EU-level fiscal rules have not been able to prevent the large-scale accumulation of government debt in many eurozone countries. One explanation was major flaws in the rules. Some of these flaws have now been corrected. But the failure of the rules depended also on fundamental problems of time inconsistency. The same time-inconsistency problems that the
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Las finanzas de las ciudades novohispanas ante el reformismo borbónico
The reform processes in the Spanish Monarchy can and need to be considered in terms of institutional political, economic and fiscal effects, and of its manifold jurisdictions: councils, provinces and kingdoms.
Yovana Celaya Nández
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Enhancing the accuracy of fiscal projections in South Africa
The accuracy of the National Treasury's projections of GDP and key fiscal aggregates is comparable to that of the projections of private sector economists, other reputable organisations and the fiscal authorities of other countries.
Estian Calitz +2 more
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The role of independent fiscal councils in improving fiscal performance of the European Union countries [PDF]
Research background: Independent fiscal councils are an example of new fiscal institutions, the number of which has rapidly increased around the world, including the EU countries since the global financial crisis of 2008?09.
Wildowicz-Giegiel, Anna +1 more
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THE ROLE OF FISCAL COUNCILS IN ACHIEVING ECONOMICGROWTH AND FISCAL DISCIPLINE
Abstract: The European Union (EU) member states should ensure their long-term stability and prosperity, sound fiscal policies and discipline and here, fiscal councils play a crucial role. Fiscal councils are independent bodies responsible for assessing the government's fiscal policies, providing fiscal advice and monitoring the implementation of fiscal
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What Should Fiscal Councils Do? [PDF]
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done.
Simon Wren-Lewis, Lars Calmfors
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Macroeconomic Legal Trends in the EU11 Countries
This contribution deals with the macroeconomic legal trends in the Eastern member states of the European Union, so called EU11: Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia and Slovenia.
László Vértesy
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FISCAL COUNCILS AS AN ELEMENT OF THE CONCEPT OF FISCAL GOVERNANCE IN THE EUROPEAN UNION MEMBER STATES [PDF]
Fiscal governance is defined as a combination of institutions, rules and norms that structure good governance in the area of fiscal policy. It can be named as the specific mechanism of coordination by using of tools such as: budgetary procedures ...
Budlewska, Renata +2 more
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Local government funding in Ireland: Contemporary issues and future challenges
The years since the 2008 financial crisis and subsequent economic crash have witnessed significant changes to the funding of the local government system in Ireland.
Turley Gerard, McNena Stephen
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Political risk and portfolio performance: Implications for Shariah-compliant investors
The COVID-19 pandemic has forced the Malaysian economy into a recession, with GDP plummeting to negative growth for the first time since the 1998 Asian Financial Crisis. Fiscal and monetary tools are inevitable during this crisis.
WAJID RAZA
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