Budget Institutions in G-20 Countries - An Update
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The recent crisis left many G-20 countries with significant fiscal consolidation needs. There is evidence that well-designed budget institutions can help countries to plan and deliver successful fiscal adjustments. A 2010 internal IMF study identified ten budget institutions which can support the consolidation process, assessed their strength in each G-20 country, and identified priorities for institutional reform. Following consultations with all G-20 countries and using a revised evaluation framework, this paper: (i) reports on progress in strengthening their budget institutions; (ii) analyzes their impact on post-crisis fiscal performance; and (iii) makes recommendations for further institutional reform.
Series:
Policy Papers
Subject:
Budgeting Budgets Cross country analysis Fiscal consolidation Fiscal policy Fiscal risk Group of Twenty Risk management
English
Publication Date:
April 7, 2014
Format:
Paper
Please address any questions about this title to publications@imf.org