Policy instruments for sound fiscal policies Fiscal rules and institutions /

This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy. Con...

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Bibliographic Details
Group Author: Ayuso-I-Casals, Joaquim.; Deroose, Servaas.; Flores, Elena.; Moulin, Laurent.
Published:
Literature type: Electronic Software eBook
Language: English
Subjects:
Online Access: http://www.palgraveconnect.com/doifinder/10.1057/9780230271791
Summary: This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy. Contributors are leading experts.
Item Description: Electronic book text.
Originally published in: 2009.
Carrier Form: 400 p. : 61 charts 41.
ISBN: 9789279093104
9780230271791 :
0230271790 :
CLC: F810
Contents: List of Tables List of Figures Foreword Acknowledgements List of Contributors Introduction-- J.Ayuso-i-Casals, S.Deroose, E.Flores & L.Moulin PART I: FISCAL RULES AND INSTITUTIONS AS USEFUL DEVICES TO ADDRESS THE DEFICIT BIAS Dealing With the Deficit Bias: Principles and Policies-- S.Krogstrup & C.Wyplosz The Discipline-enhancing Role of Fiscal Institutions: Theory and Empirical Evidence-- X.Debrun & M.S.Kumar The Surplus Factor-- T.Broesens & P.Wierts Comments on Part I-- C.Martinez Mongay PART II: FORMS OF GOVERNANCE, RULES AND INSTITUTIONS The Design of Fiscal Rules and Forms of Governance in European Union Countries-- M.Hallerberg, R.Strauch & J.von Hagen National Fiscal Institutions and the Stability and Growth Pact: Are 'Delegation States' at a Disadvantage?-- D.Hodson Comments on Part II-- C.Wyplosz PART III: SPECIFIC INSTITUTIONAL ARRANGEMENTS TO IMPROVE FISCAL POLICY Rainy Day Funds: Can They Make a Difference in Europe?-- F.Balassone, D.Franco & S.Zotteri Beyond the SGP: Features and Effects of EU National-level Fiscal Rules-- J.Ayuso-i-Casals, D.Gonzalez, L.Moulin & A.Turrini Who Provides Signals to Voters About Government Competence on Fiscal Matters? The Importance of Independent Watchdogs-- E.Steclebout-Orseau & M.Hallerberg Optimal Debt Policy and an Institutional Proposal to Help in its Implementation--T.Kirsanova, C.Leith & S.Wren-Lewis Comments on Part III-- T.Ter-Minassian PART IV: COUNTRY SPECIFIC EXPERIENCES The Swedish Budget 'Model': A Genuine Beauty or in Need of a Face Lift?-- R.Boije & J.Fisher Fiscal Councils, Independent Forecasts and the Budgetary Process: Lessons from the Belgian Case-- I.Lebrun Comments on Part IV-- L.Jonung Notes Bibliography Index.