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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch Artikel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2022
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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. |
| Beschreibung: | 1 Online-Ressource (43 p.) |
| DOI: | 10.1787/f26b2a3b-en |
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| spelling | Robinson, Marc VerfasserIn aut Public finances after the COVID-19 pandemic Marc, Robinson Paris OECD Publishing 2022 1 Online-Ressource (43 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource 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 Enthalten in OECD Journal on Budgeting Vol. 22, no. 3 volume:22 year:2022 number:3 FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/f26b2a3b-en 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 |