While it is recognized that effective state institutions are pivotal for economic development, it is not well understood what their origins are and what explains their cross-country differences. We focus on budget institutions in developing economies, as efficient public finance planning in such...

This book analyzes public debt from a political, historical, and global perspective. It demonstrates that public debt has been a defining feature in the construction of modern states, a main driver in the history of capitalism, and a potent geopolitical force. From revolutionary crisis to empire...

This volume was prepared by Markus Reischmann while he was working at the Ifo Institute. It was completed in June 2015 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in November 2015. It includes five self-contained chapters in the fields of public...

The paper provides an overview of the fiscal situation in Chinese Taipei and outlines its system for budget formulation and budget approval in detail. It highlights the organisation and functions of the Directorate-General of Budget, Accounting and Statistics. The paper analyses key milestones...

This paper looks at green budgeting practices in the Government of Canada relative to the OECD Green Budgeting Framework and best practices by OECD Members. It focuses on Canada’s efforts to enhance its reporting of incremental expenditure in the federal budget that is attributable to climate...

This paper studies the differences between the organisation of budget management in selected government administrations in the Western Balkans and the Republic of Moldova and good practice across the European Union (EU). It observes that the ministry of finance (MoF) in these administrations...