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Each spring, Canada's federal, provincial and territorial legislatures vote budgets that set out their spending and … to voters and taxpayers. Over the last decade, however, Canada's senior governments have overshot their spending targets … expert reader. Our 2013 fiscal accountability survey of Canada's senior governments' evaluates the clarity and adherence to …
Persistent link: https://www.econbiz.de/10013056519
Persistent link: https://www.econbiz.de/10013024221
Medium Term Fiscal Frameworks (MTFs) have become one of the most popular reforms to the budgetary process in Latin America during the last decade, and introducing MTFs seemed to be the magic solution for most fiscal ailments. Nonetheless, there has been no comprehensive evaluation of their...
Persistent link: https://www.econbiz.de/10010247137
В работе анализируется адаптация бюджетной политики в Российской Федерации к условиям кризиса в 2008-2009 гг. Анализ основных параметров и направлений...
Persistent link: https://www.econbiz.de/10013098441
This paper deals with 2008-2009 crisis which marked a new stage of Russia's budgetary policy. Although the budget situation in Russia is presently much better than in the majority of the developed countries, reservation of high dependence on oil proceeds, observed trends in in the structure of...
Persistent link: https://www.econbiz.de/10013087375
In 2011 we recommended the application of a structural fiscal rule to the case of Mexico, given the country's repetitive inability to implement a genuine fiscal reform. At that time, we said that due to the absence of a fiscal reform that increases tax revenues significantly, Mexico needs to...
Persistent link: https://www.econbiz.de/10012932021
We investigate the impact of errors in medium run tax revenue forecasts on the final budget balance. Our analysis is based on fiscal data for the entirety of German states and takes advantage of revenue forecasts and respective errors that can be considered as exogenously given in the budgeting...
Persistent link: https://www.econbiz.de/10011998792
After the global pandemic, rising global demand, as well as the impact of geopolitical and military tensions, have led to a significant rise in the prices of major energy carriers in recent years. In the context of this pandemic, the recession in the country's economy in 2020 was replaced by the...
Persistent link: https://www.econbiz.de/10014081304
Canada's governments have regularly missed budget spending and revenue targets during the last decade. Taken together …
Persistent link: https://www.econbiz.de/10013079792
Consecutive years of primary deficits have led to mounting public debt of almost 50% of GDP, one of the fastest increases in Latin America over the last decade. Government attempts to restore fiscal health have been undermined by a gridlocked Congress. While only minor reforms have been enacted...
Persistent link: https://www.econbiz.de/10011914250