Fiscal Rules at a Glance: Country Details from a New Dataset
November 14, 2012
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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.
Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal rules, Fiscal stance, Public debt, Public financial management (PFM)
Keywords: budget balance rule, budget deficit, Budget planning and preparation, Caribbean, debt rule, enforcement procedure, expenditure rule, fiscal governance, fiscal policy, Fiscal rules, Fiscal stance, General government, national rule, West Africa, WP
Pages:
62
Volume:
2012
DOI:
Issue:
273
Series:
Working Paper No. 2012/273
Stock No:
WPIEA2012273
ISBN:
9781616359102
ISSN:
1018-5941
