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Restoring public debt sustainability : the role of independent fiscal institutions /

Annotation

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kopits, George (Autor, Editor )
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Oxford : Oxford University Press, 2013.
Edición:First edition.
Temas:
Acceso en línea:Texto completo

MARC

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245 0 0 |a Restoring public debt sustainability :  |b the role of independent fiscal institutions /  |c edited by George Kopits. 
250 |a First edition. 
264 1 |a Oxford :  |b Oxford University Press,  |c 2013. 
300 |a 1 online resource (xvi, 283 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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500 |a Papers based on a conference held at Hungarian Academy of Sciences, in Budapest, 18-19 March 2010. 
504 |a Includes bibliographical references and index. 
505 0 |a Introduction and Overview / George Kopits -- Analytical and Institutional Issues. Politics and Independent Analysis / Alice M. Rivlin -- Scope and Limits of Independent Fiscal Institutions / Jurgen von Hagen -- Comparing the Delegation of Monetary and Fiscal Policy / Simon Wren-Lewis -- Independent Fiscal Institutions in the Face of Rising Public Indebtedness / Julia I. Bertelsmann -- Experience of Internally-Driven Institutions. United States: Pioneer in Fiscal Surveillance / Stephanie Rennane -- Netherlands: Fostering Consensus on Fiscal Policy / Coen Teulings -- Belgium: Promoting Fiscal Discipline in a Federal System / Geert Langenus -- Canada: Oversight with Qualified Independence / Tolga R. Yalkin -- Experience and Outlook for Crisis-Driven Institutions. Sweden: Watchdog with a Broad Remit / Lars Calmfors -- Hungary: A Short-Lived Fiscal Watchdog / Balazs Romhanyi -- United Kingdom: Fiscal Watchdog and Official Forecaster / Simon Wren-Lewis -- Italy: What Role for an Independent Fiscal Institution? / Chiara Goretti. 
588 0 |a Print version record. 
520 8 |a Annotation  |b Restoring Public Debt Sustainability: The Role of Independent Fiscal Institutions represents the first comprehensive survey of a new generation of independent fiscal institutions, established to promote transparency in public finances through real-time monitoring of the soundness of budgetary policymaking. The chapters, authored by heads of the institutions, as well as distinguished policy analysts and academics, explore the rationale and experience of these fiscal watchdogs. Consequently, useful lessons and implications are drawn for the design and practical operation of such institutions. The timeliness of the volume is underscored by the potential role of fiscal watchdogs in containing the public debt crisis that has engulfed a number of countries. Indeed, the recent proliferation of these institutions has been in response to the need for enhancing policy credibility of governments in financial markets and, more generally, for strengthening the quality of economic governance. The first part of the book deals with key analytical and institutional issues: the political environment, the scope and limits of these institutions, the delegation of monetary policymaking to an independent body, and the implications of rising public indebtedness. The second part contains case studies of institutions that, for the most part, were born as a result of domestic political developments. The third part presents the experience of institutions whose origins can be traced directly or indirectly to an earlier or a recent financial crisis. The chapters are written from a multidisciplinary - economic, financial, political, legal - perspective, intended for academics, researchers, and practitioners alike. 
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650 0 |a Debts, Public  |v Congresses. 
650 0 |a Fiscal policy  |v Congresses. 
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700 1 |a Kopits, George,  |e editor,  |e author. 
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