Repairing the Budget Contract between Citizens and the State:

This article argues that the budget is essentially a contract between citizens and the state, and that the contract is in a great state of disrepair. The ongoing debate and action in OECD countries should focus on post-crisis revenue and expenditure policies in order to repair this contract. The com...

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Bibliographic Details
Main Author: Schick, Allen (Author)
Format: Electronic Article
Language:English
Published: Paris OECD Publishing 2011
Subjects:
Online Access:DE-862
DE-863
Summary:This article argues that the budget is essentially a contract between citizens and the state, and that the contract is in a great state of disrepair. The ongoing debate and action in OECD countries should focus on post-crisis revenue and expenditure policies in order to repair this contract. The combination of fiscal stress, high expectations and citizen mistrust, however, greatly complicates the task. JEL classification: A130, H500, H600 Keywords: budget as contract, citizen expectations, citizen participation in government, trust in government, sustainable revenue and expenditure policies, accountability
Physical Description:1 Online-Ressource (27 Seiten) 21 x 28cm.

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