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This paper revisits the evolution of budget transparency, government accountability, and citizen engagement in the budgetary process in WAEMU and CEMAC countries. We use the Open Budget Survey (OBS) to assess Member States' compliance with the new Harmonized Public Finances Framework and...
Persistent link: https://www.econbiz.de/10013033452
on any reform process in the current setting: (i) medium-term debt anchors should be adapted to the medium and long …
Persistent link: https://www.econbiz.de/10013213952
This paper examines the institutional arrangements of the macro-fiscal function in 16 African countries. Most ministries of finance (MoFs) have established a macro-fiscal department or unit, but their functions, size, structure and outputs vary considerably. Based on a survey, we present data on...
Persistent link: https://www.econbiz.de/10013243056
Canadians can be proud of their country's relatively strong recovery from the 2009 slump, but should not be complacent. Canada's fiscal situation is strong only by comparison with the dire situations in other major advanced countries. Our national saving rate is too low to support needed...
Persistent link: https://www.econbiz.de/10013079623
In the wake of recent scandals involving lobbying and special interest spending on Capitol Hill, each of the houses of the 110th Congress adopted unprecedented legislative, procedural rules that require broad disclosure of spending earmarks and tax provisions that benefit special interests....
Persistent link: https://www.econbiz.de/10012755214
This paper reviews the Public Financial Management (PFM) reform stategy for 16 Pacific Island Countries (PICs) during the period 2010-2020. The strategy was endorsed by the finance and economic ministers of the region (FEMM) in 2010. The paper analyzes more than 30 PEFA assessments carried out...
Persistent link: https://www.econbiz.de/10013315109
Años consecutivos de déficits primarios han conducido a una creciente deuda pública de casi el 50% del PIB, uno de los aumentos más rápidos en América Latina en la última década, y los intentos del gobierno para restablecer la salud fiscal se han visto socavados por la paralización en...
Persistent link: https://www.econbiz.de/10012452701
by some $47 billion combined. More accuracy in hitting budgeted amounts would have made today’s taxes and public debt …
Persistent link: https://www.econbiz.de/10010855082
Performance budgeting (PB) emerged more than 60 years ago as a key driver of budgetary innovation in the United States. Due to its often lofty goals, PB initiatives were rarely successful, but have instead reappeared, in different forms and with new labels. This article focuses on contemporary...
Persistent link: https://www.econbiz.de/10010903649
The current paper emphasizes, besides the definitions specific to the public debt concepts, the government public debt … and the local public debt, as well as some data related to the gross government debt, in accordance to the European Union … methodology, the analysis of influencing the economic growth under the estimations and as regards the level of government debt …
Persistent link: https://www.econbiz.de/10010940604