Maintaining Budgetary Discipline

Maintaining Budgetary Discipline PDF Author:
Publisher: U.S. Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 306

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Book Description

Maintaining Budgetary Discipline

Maintaining Budgetary Discipline PDF Author:
Publisher: U.S. Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 306

Get Book Here

Book Description


Maintaining Budgetary Discipline

Maintaining Budgetary Discipline PDF Author: Sherry Snyder
Publisher: DIANE Publishing
ISBN: 9780788181283
Category :
Languages : en
Pages : 284

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Book Description
Compiles 250 specific policy options for reducing federal spending or increasing revenues in a wide variety of programs. It is intended to help policymakers maintain budgetary discipline and accomplish related policy goals. Part One includes more than 200 options for reducing spending, organized by the functional categories of the budget. Part Two presents more than 50 options for generating revenues. The report concludes with an appendix listing the scorekeeping guidelines used to enforce the discretionary spending limits and pay-as-you-go requirement of the Budget Enforcement Act of 1990 (as amended). Charts and tables.

Maintaining Budgetary Discipline

Maintaining Budgetary Discipline PDF Author: Sherry Snyder
Publisher: DIANE Publishing
ISBN: 9780788181283
Category : Business & Economics
Languages : en
Pages : 656

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Book Description
Compiles 250 specific policy options for reducing federal spending or increasing revenues in a wide variety of programs. It is intended to help policymakers maintain budgetary discipline and accomplish related policy goals. Part One includes more than 200 options for reducing spending, organized by the functional categories of the budget. Part Two presents more than 50 options for generating revenues. The report concludes with an appendix listing the scorekeeping guidelines used to enforce the discretionary spending limits and pay-as-you-go requirement of the Budget Enforcement Act of 1990 (as amended). Charts and tables.

Promoting Fiscal Discipline

Promoting Fiscal Discipline PDF Author: Mr.Manmohan S. Kumar
Publisher: International Monetary Fund
ISBN: 158906609X
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
Fiscal discipline is essential to improve and sustain economic performance, maintain macroeconomic stability, and reduce vulnerabilities. Discipline is especially important if countries, industrial as well as developing, are to successfully meet the challenges, and reap the benefits, of economic and financial globalization. Lack of fiscal discipline generally stems from the injudicious use of policy discretion. The benefits of discretion are seen in terms of the ability of policymakers to respond to unexpected shocks and in allowing elected political representatives to fulfill their mandates. But discretion can be misused, resulting in persistent deficits and procyclical policies, rising debt levels, and, over time, a loss in policy credibility. The authors first explore the role of discretion in fiscal policy, and the extent, consequences, and causes of procyclicality, particularly in good times. They then examine how a variety of institutional approaches—fiscal rules, fiscal responsibility laws, and fiscal agencies—can help improve fiscal discipline. While each of these approaches can play a useful role, the authors suggest that a strategy combining them is likely to be particularly beneficial. Although such a strategy requires political commitment and effective fiscal management, at the same time, the strategy itself can bolster political commitment by highlighting the restraints on government and raising the costs of failing to respect them.

Maintaining Budgetary Discipline

Maintaining Budgetary Discipline PDF Author:
Publisher: U.S. Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 308

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Book Description


Guidelines for Public Expenditure Management

Guidelines for Public Expenditure Management PDF Author: Mr.Jack Diamond
Publisher: International Monetary Fund
ISBN: 9781557757876
Category : Business & Economics
Languages : en
Pages : 84

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Book Description
Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

Promoting Fiscal Discipline

Promoting Fiscal Discipline PDF Author: Manmohan S. Kumar
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
Fiscal discipline is essential to improve and sustain economic performance, maintain macroeconomic stability, and reduce vulnerabilities. Discipline is especially important if countries, industrial as well as developing, are to successfully meet the challenges, and reap the benefits, of economic and financial globalization. Lack of fiscal discipline generally stems from the injudicious use of policy discretion. The benefits of discretion are seen in terms of the ability of policymakers to respond to unexpected shocks and in allowing elected political representatives to fulfill their mandates. But discretion can be misused, resulting in persistent deficits and procyclical policies, rising debt levels, and, over time, a loss in policy credibility. The authors first explore the role of discretion in fiscal policy, and the extent, consequences, and causes of procyclicality, particularly in good times. They then examine how a variety of institutional approaches—fiscal rules, fiscal responsibility laws, and fiscal agencies—can help improve fiscal discipline. While each of these approaches can play a useful role, the authors suggest that a strategy combining them is likely to be particularly beneficial. Although such a strategy requires political commitment and effective fiscal management, at the same time, the strategy itself can bolster political commitment by highlighting the restraints on government and raising the costs of failing to respect them.

Fiscal Decentralization and the Challenge of Hard Budget Constraints

Fiscal Decentralization and the Challenge of Hard Budget Constraints PDF Author: Jonathan Rodden
Publisher: MIT Press
ISBN: 9780262182294
Category : Business & Economics
Languages : en
Pages : 502

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Book Description
A multi-country study of the conditions under which decentralized countries might ensure fiscal discipline.

Managing Public Expenditure A Reference Book for Transition Countries

Managing Public Expenditure A Reference Book for Transition Countries PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264192603
Category :
Languages : en
Pages : 497

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Book Description
Managing Public Expenditure presents a comprehensive and in-depth analysis of all aspects of public expenditure management from the preparation of the budget to the execution, control and audit stages.

Comparative Public Budgeting

Comparative Public Budgeting PDF Author: George M. Guess
Publisher: Cambridge University Press
ISBN: 1107198291
Category : Law
Languages : en
Pages : 287

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Book Description
This analysis of budgetary systems and policies across the world examines how politics, culture, and economics influence public finance.