The focus of this study is the EU level and, as stated in the terms of reference, the findings are intended to contribute to the identification of reforms and policy measures which are potentially most significant for Europe to ensure growth and jobs in the medium-term. The adverse consequences...

This paper presents an independent evaluation of the Irish Fiscal Advisory Council (IFAC) carried out in 2015. IFAC was set up as an independent fiscal institution in 2011 to monitor the fiscal policy of the Irish government. Similar fiscal "watchdogs" have emerged across Europe following the...