Design Choices for Fiscal Policy Rules
Design Choices for Fiscal Policy Rules:

This article discusses issues regarding budget process rules in the context of the current pattern of rising fiscal deficits. It begins by explaining the premise that budget process rules have multiple objectives, and so must be judged according to multiple criteria. Prominent among those criteria,...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Anderson, Barry (VerfasserIn)
Weitere Verfasser: Minarik, Joseph J.. (MitwirkendeR)
Format: Elektronisch Buchkapitel
Sprache:English
Veröffentlicht: Paris OECD Publishing 2006
Schlagworte:
Governance
Online-Zugang:DE-384
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URL des Erstveröffentlichers
Zusammenfassung:This article discusses issues regarding budget process rules in the context of the current pattern of rising fiscal deficits. It begins by explaining the premise that budget process rules have multiple objectives, and so must be judged according to multiple criteria. Prominent among those criteria, given the apparent economic sluggishness of the early years of the 1990s and the resulting fiscal deficits, are how any particular set of rules might facilitate economic recovery and growth, but also maintain fiscal responsibility and public credibility
Beschreibung:1 Online-Ressource (51 Seiten)
DOI:10.1787/budget-v5-art25-en

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