Fiscal Rules at a Glance: Country Details from a New Dataset

Author/Editor:

Nina Budina ; Tidiane Kinda ; Andrea Schaechter ; Anke Weber

Publication Date:

November 14, 2012

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper provides country-specific information on fiscal rules in use in 81 countries from 1985 to end-September 2012. It serves as background material and update of the July 2012 Working Paper “Fiscal Rules in Response to the Crisis—Toward the ‘Next Generation’ Rules: A New Dataset” and is also available in an easy accessible electronic data visualization tool (http://www.imf.org/external/datamapper/FiscalRules/map/map.htm.).The dataset covers four types of rules: budget balance rules, debt rules, expenditure rules, and revenue rules, applying to the central or general government or the public sector. It also presents details on various characteristics of rules, such as their legal basis, coverage, escape clauses, as well as key supporting features such as independent monitoring bodies.

Series:

Working Paper No. 2012/273

Subject:

English

Publication Date:

November 14, 2012

ISBN/ISSN:

9781616359102/1018-5941

Stock No:

WPIEA2012273

Pages:

62

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