Budgetary Transparency for Public Expenditure Control:
This paper explains why EMU countries seem unable or unwilling to undertake structural reforms of public expenditure. One of the reasons is political. What public expenditure reforms might be pursued without changing the political system? Without political reforms, technical improvements made to inc...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2001
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 01/8 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper explains why EMU countries seem unable or unwilling to undertake structural reforms of public expenditure. One of the reasons is political. What public expenditure reforms might be pursued without changing the political system? Without political reforms, technical improvements made to increase budget transparency, such as strengthening budget procedure, integrating accrual into cash accounting, and removing accounting gimmicks, could indirectly affect reforms of public expenditure. Removing gimmicks and helping prevent the emergence of new creative accounting techniques may be a partial substitue for political reforms. Implementation of the Growth and Stability Pact should be dynamically consistent with budgetary transparency. Although other EMU countries resorted as well to budgetary gimmicks to bypass difficult fiscal constraints, the Italian case is used as a reference to clarify these issues. Transparency may help discourage the use of gim micks |
| Beschreibung: | 1 Online-Ressource (31 p) |
| ISBN: | 1451842511 9781451842517 |
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| index_date | 2024-07-03T20:13:28Z |
| indexdate | 2024-07-10T09:35:37Z |
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| spelling | Reviglio, Franco Verfasser aut Budgetary Transparency for Public Expenditure Control Reviglio, Franco Washington, D.C International Monetary Fund 2001 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 01/8 This paper explains why EMU countries seem unable or unwilling to undertake structural reforms of public expenditure. One of the reasons is political. What public expenditure reforms might be pursued without changing the political system? Without political reforms, technical improvements made to increase budget transparency, such as strengthening budget procedure, integrating accrual into cash accounting, and removing accounting gimmicks, could indirectly affect reforms of public expenditure. Removing gimmicks and helping prevent the emergence of new creative accounting techniques may be a partial substitue for political reforms. Implementation of the Growth and Stability Pact should be dynamically consistent with budgetary transparency. Although other EMU countries resorted as well to budgetary gimmicks to bypass difficult fiscal constraints, the Italian case is used as a reference to clarify these issues. Transparency may help discourage the use of gim micks Online-Ausg http://elibrary.imf.org/view/IMF001/00847-9781451842517/00847-9781451842517/00847-9781451842517.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Reviglio, Franco Budgetary Transparency for Public Expenditure Control |
| title | Budgetary Transparency for Public Expenditure Control |
| title_auth | Budgetary Transparency for Public Expenditure Control |
| title_exact_search | Budgetary Transparency for Public Expenditure Control |
| title_exact_search_txtP | Budgetary Transparency for Public Expenditure Control |
| title_full | Budgetary Transparency for Public Expenditure Control Reviglio, Franco |
| title_fullStr | Budgetary Transparency for Public Expenditure Control Reviglio, Franco |
| title_full_unstemmed | Budgetary Transparency for Public Expenditure Control Reviglio, Franco |
| title_short | Budgetary Transparency for Public Expenditure Control |
| title_sort | budgetary transparency for public expenditure control |
| url | http://elibrary.imf.org/view/IMF001/00847-9781451842517/00847-9781451842517/00847-9781451842517.xml |
| work_keys_str_mv | AT revigliofranco budgetarytransparencyforpublicexpenditurecontrol |