Promoting Fiscal Transparency the Complementary Roles of the Imf, Financial Markets and Civil Society

This paper explores initiatives to date by the IMF, financial markets, and civil society organizations to assess and utilize information on fiscal transparency. The results of surveys and interviews of rating agency analysts and surveys of civil society organizations on their level of awareness of, and use of IMF fiscal transparency assessments are presented. The paper then considers the relative roles of the IMF, the private sector, and civil society organizations in assessing and promoting fiscal transparency, and the scope for greater complementarity among their roles. The paper concludes with a number of suggestions for making the IMF's fiscal transparency initiatives more effective.

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Year of publication:	2003-10-01
Authors:	Petrie, Murray
Institutions:	International Monetary Fund (IMF)
Subject:	Fiscal transparency \| Financial systems \| Markets \| Civil society \| budget transparency \| fiscal data \| fiscal transparency assessments \| budget activities \| contingent liabilities \| fiscal activities \| fiscal management \| government deficit \| fiscal policy \| quasi-fiscal activities \| public debt \| public finance \| budget process \| budget expenditures \| fiscal balance \| fiscal performance \| fiscal affairs department \| fiscal outlook \| fiscal affairs \| fiscal position \| budget policies \| central government budget deficit \| fiscal policies \| budget allocation \| accrual accounting \| central government budget \| fiscal reports \| fiscal transparency assessment \| government budgeting \| public spending \| tax administration \| public finances \| budget management \| fiscal transparency manual \| fiscal information \| fiscal vulnerability \| fiscal deficit \| fiscal conditionality \| budget outcomes \| annual budget \| unrealistic budgets \| fiscal responsibility \| government spending \| tax policy \| government budget \| fiscal sustainability \| cash accounting \| fiscal authorities \| internal control \| fiscal policy response \| government guarantees \| public financial institutions \| fiscal rules \| fiscal risks \| central government deficit \| government budget deficit \| fiscal analysis \| fiscal experts \| fiscal deficiencies \| budget transactions \| fiscal institutions \| budget deficit \| public expenditure \| annual budget process \| fiscal positions \| governmental fiscal relations \| fiscal control \| fiscal relations

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Extent:	application/pdf
Series:	IMF Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series IMF Working Papers Number 03/199 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005604995