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Fiscal Consolidation in Southeastern European Countries
Mr.Brian OldenMr.Duncan LastMr.Sami YläoutinenMs.Carla Sateriale
其他書名
The Role of Budget Institutions
出版International Monetary Fund, 2012-05-01
主題Business & Economics / BudgetingBusiness & Economics / Public FinanceBusiness & Economics / Economics / Macroeconomics
ISBN14755621529781475562156
URLhttp://books.google.com.hk/books?id=Ftuga_I3NvgC&hl=&source=gbs_api
EBookSAMPLE
註釋This paper assesses the relative strengths and weaknesses of fiscal institutions in ten Southeastern European countries, using recent benchmarking methodologies developed by FAD. The assessment evaluates each country’s understanding of the scale of the fiscal adjustment challenge, its ability to develop a credible consolidation strategy, and its capacity to implement the strategy. Key institutional arrangements, are generally in place, including top-down budgeting and medium-term budget frameworks. Other institutional arrangements require further attention, including macro-fiscal forecasting, fiscal risk analysis, setting fiscal objectives, presence and role of independent fiscal agencies, and top-down parliamentary approval.