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The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10013128042
The paper analyses how independent fiscal watchdogs (fiscal policy councils) can strengthen the incentives for fiscal discipline. By increasing fiscal transparency they can raise the awareness of the long-run costs of current deficits and increase the reputational costs for governments of...
Persistent link: https://www.econbiz.de/10013316062
modern EU industrial policy. A modern industrial policy is seen as a non-traditional policy towards the industrial sector …-fabrication stages. The book targets three market segments: academics; policy and decision-makers at the EU, national and regional level … European Union’s industry - Krzysztof Falkowski -- EU Economic policy coordination and industrial policies of Member states of …
Persistent link: https://www.econbiz.de/10012397103