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,...

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Bibliographic Details
Main Author: Anderson, Barry (Author)
Other Authors: Minarik, Joseph J.. (Contributor)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2006
Subjects:
Governance
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
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DE-1028
DE-1049
DE-521
DE-861
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Volltext
Summary: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
Physical Description:1 Online-Ressource (51 Seiten)
DOI:10.1787/budget-v5-art25-en

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