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This discussion paper lays out the case for a Legislative Budget Office (LBO) in the Solomon Islands, with particular emphasis on local factors such as (1) intensive reforms across three dozen initiatives, (2) the need for oversight and accountability over exogenous funding, (3) the...
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This paper surveys the empirical research on fiscal institutions of the last three decades. The main results are: (i) Constitutional or statutory fiscal limitations have in most cases proved to be effective in cutting down public expenditure, revenue, and debt. (ii) Budgetary proce-dures matter...
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