Budget Institutions and Fiscal Performance in Low-Income Countries
IMF Working Papers, March 1, 2010
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Bibliographic details
- Authors: Sophia Gollwitzer, Eteri Kvintradze, Tej Prakash, Luis-Felipe Zanna, Era Dabla-Norris, Richard I Allen, Irene Yackovlev, Victor Duarte Lledo
- Published: March 1, 2010
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451982237.001
Multi-dimensional indices of budget institutions
- Presents, for the first time, multi-dimensional indices of the quality of budget institutions in low-income countries.
- Indices enable benchmarking:
- against the performance of middle-income countries,
- across regions,
- according to different institutional arrangements that deliver good fiscal performance.
Key empirical findings
- Preliminary empirical support for the hypotheses that:
- strong budget institutions help improve fiscal balances;
- strong budget institutions help improve public external debt outcomes;
- countries with stronger fiscal institutions have better scope to conduct countercyclical policies.
Research scope and focus areas
- Subject areas addressed:
- Budget planning and preparation
- External debt
- Fiscal policy
- Fiscal stance
- Government asset and liability management
- Keywords used:
- budget institution
- budget process
- dependent variable
- low-income country
- WP
Publication metadata (for reference in content)
- Authors: Sophia Gollwitzer, Eteri Kvintradze, Tej Prakash, Luis-Felipe Zanna, Era Dabla-Norris, Richard I Allen, Irene Yackovlev, Victor Duarte Lledo
- Date: March 1, 2010
- Pages: 56
- Series: Working Paper No. 2010/080
- Issue: 080
- DOI: https://doi.org/10.5089/9781451982237.001
- ISBN: 9781451982237
- ISSN: 1018-5941
- Stock No: WPIEA2010080
Content summarized from "Budget Institutions and Fiscal Performance in Low-Income Countries", IMF Working Papers, March 1, 2010.