delivery and finances. A variety of indices are constructed, and consistency checks devised to measure relative performance. No …

Congress has expressed interest, one way or the other, in a balanced-budget requirement for the past six decades. Yet … despite numerous attempts, the legislative body has never passed a constitutional balanced-budget amendment. Most of the …. Less time and effort has been spent on economic analysis. This paper discusses how a balanced-budget requirement would …

The European Union's constitutional balanced-budget amendment, the Stability and Growth Pact (SGP), dictates that EU … member states keep their budget deficits within three percent of GDP and that government debt be kept at or below 60 percent … prioritizes budget-balancing over reductions in spending and unemployment. For Americans, this a valuable lesson, as it shows what …

-sustainable strategy. A combination of government-imposed tax increases and sustained cuts in non-interest government spending, most likely …

We review the main budgetary measures not accepted by the Portuguese Constitutional Court in the Budget Laws of 2012 …, 2013 and 2014. Considering the feedback effect of the fiscal impulse, the impact on the budget balance is -0.42% and of -0 …

This paper develops an index measuring the adequacy of the institutions, rules and procedures governing the budget … process in 46 African countries, presenting the most comprehensive analysis of African budget institutions hitherto conducted …. The index includes the three stages of the budget process: negotiation, legislative approval, and implementation. At each …

This paper will examine the sustainability of the central budget and its relation to the financial stability in the … 1999-2009, the analysis present that the government's budget is unsustainable. This finding is supported by solvency test …

In the context of the increasing budget deficit and public debt, on one hand, and the need to restore economic growth …