Цель статьи заключается в осуществлении теоретико-организационного обоснования формирования модернизированной информационной системы управления бюджетными...

This article was prepared on the basis of the proposals of its author, included in the report of the expert group, set up under the instruction of the President of the Russian Federation dated 12 February 2013 to identify measures of the efficiency improving of the budget spending. The author's...

This paper re-examines the stock-flow discrepancies of government debt and deficits and correlation with fiscal transparency. Applying the fully integrated relationship between financial stocks and flows allows for a more refined analysis of the deterministic components that make up the...

This paper assesses the relative strengths and weaknesses of fiscal institutions in ten Southeastern European countries, using recent benchmarking methodologies developed by FAD. The assessment evaluates each country’s understanding of the scale of the fiscal adjustment challenge, its...

This paper investigates the effect of fiscal transparency on market assessments of sovereign risk, as measured by credit ratings. It measures this effect through a direct channel (uncertainty reduction) and an indirect channel (better fiscal policies and outcomes), and it differentiates between...