Case Studies of Fiscal Councils - Functions and Impact

Date: July 16, 2013
Electronic Access: Full Text

Summary:This supplement presents case studies of seven fiscal councils and examines how each council performs its core functions and if and how it impacts on the fiscal policy debate. The seven fiscal councils are: Belgium (Conseil Supérieur des Finances—HCF), Canada (Parliamentary Budget Officer—PBO), Hungary (Költségvetési Tanács), Korea (National Assembly Budget Office—NABO), the Netherlands (Centraal Planbureau—CPB), Sweden (Finanspolitiska rådet), and the United States (Congressional Budget Office-CBO). The main paper presents the comparative lessons and the general findings of this study based on a systematic comparison of these fiscal councils’ experiences. This supplement discusses in detail each individual fiscal council’s experiences.

Series : Policy Paper
Subject(s): Fiscal policy | Belgium | Canada | Hungary | Korea, Republic of | Netherlands | Sweden | United States | Public finance | Financial management | Fiscal analysis | Cross country analysis