Public finances after the COVID-19 pandemic:
OECD nations face particularly powerful fiscal pressures over the coming decades. To handle these pressures without lapsing into fiscally irresponsibility, they will need to make courageous decisions on both the expenditure and tax sides. This paper looks at the implications of this for budgeting. I...
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| Main Author: | |
|---|---|
| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
Paris
OECD Publishing
2022
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | OECD nations face particularly powerful fiscal pressures over the coming decades. To handle these pressures without lapsing into fiscally irresponsibility, they will need to make courageous decisions on both the expenditure and tax sides. This paper looks at the implications of this for budgeting. It focuses particularly on reallocation and expenditure discipline, including the role of spending review, and the design and implementation of expenditure ceilings. The question of the relevance of net worth as a fiscal policy measure is also discussed, as is the potential for efficiency savings to relieve the fiscal pressure on governments |
| Physical Description: | 1 Online-Ressource (43 Seiten) |
| DOI: | 10.1787/f26b2a3b-en |
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| language | English |
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| spelling | Robinson, Marc Verfasser aut Public finances after the COVID-19 pandemic Marc, Robinson Paris OECD Publishing 2022 1 Online-Ressource (43 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD nations face particularly powerful fiscal pressures over the coming decades. To handle these pressures without lapsing into fiscally irresponsibility, they will need to make courageous decisions on both the expenditure and tax sides. This paper looks at the implications of this for budgeting. It focuses particularly on reallocation and expenditure discipline, including the role of spending review, and the design and implementation of expenditure ceilings. The question of the relevance of net worth as a fiscal policy measure is also discussed, as is the potential for efficiency savings to relieve the fiscal pressure on governments Finance and Investment Governance Economics https://doi.org/10.1787/f26b2a3b-en Verlag kostenfrei Volltext |
| spellingShingle | Robinson, Marc Public finances after the COVID-19 pandemic Finance and Investment Governance Economics |
| title | Public finances after the COVID-19 pandemic |
| title_auth | Public finances after the COVID-19 pandemic |
| title_exact_search | Public finances after the COVID-19 pandemic |
| title_full | Public finances after the COVID-19 pandemic Marc, Robinson |
| title_fullStr | Public finances after the COVID-19 pandemic Marc, Robinson |
| title_full_unstemmed | Public finances after the COVID-19 pandemic Marc, Robinson |
| title_short | Public finances after the COVID-19 pandemic |
| title_sort | public finances after the covid 19 pandemic |
| topic | Finance and Investment Governance Economics |
| topic_facet | Finance and Investment Governance Economics |
| url | https://doi.org/10.1787/f26b2a3b-en |
| work_keys_str_mv | AT robinsonmarc publicfinancesafterthecovid19pandemic |