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Principles for independent fiscal institutions and case studies

Lisa von Trapp, Ian Lienert and Joachim Wehner

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Independent fiscal institutions serve to promote sound fiscal policy and sustainable public finances. Today IFIs are considered among the most important innovations in the emerging architecture of public financial management. Within the OECD area, their number has more than tripled and is expected to continue to rise. This publication provides a unique set of in depth case studies of IFIs in 18 OECD member countries in light of many of the good practices for effective IFIs identified in the OECD Recommendation on Principles for Independent Fiscal Institutions.

Keywords: Parliamentary Budget Office(s); financial management; fiscal councils; fiscal policy; independent fiscal institutions; public finances; transparency; legislature (search for similar items in EconPapers)
JEL-codes: H11 H50 H83 (search for similar items in EconPapers)
Date: 2016-03-22
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published in OECD Journal on Budgeting, 22, March, 2016, 15(2), pp. 9-24. ISSN: 1608-7143

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