## Budget Institutions and Fiscal Performance in Low-Income Countries

_IMF Working Papers, March 1, 2010_

## Source details

**Canonical URL:** [Budget Institutions and Fiscal Performance in Low-Income Countries](https://www.imf.org/en/publications/wp/issues/2016/12/31/budget-institutions-and-fiscal-performance-in-low-income-countries-23734)

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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

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### 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.*

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/budget-institutions-and-fiscal-performance-in-low-income-countries-23734_