Fiscal Rules at a Glance: Country Details from a New Dataset
AbstractThis 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 â€œFiscal Rules in Response to the Crisisâ€”Toward the â€˜Next Generationâ€™ Rules: A New Datasetâ€ 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.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 12/273.
Date of creation: 14 Nov 2012
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-02-16 (All new papers)
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- Carlos Caceres & Serhan Cevik & Ricardo Fenochietto & Borja Gracia, 2013. "The Day After Tomorrow: Designing an Optimal Fiscal Strategy for Libya," IMF Working Papers 13/79, International Monetary Fund.
- Kawai, Masahiro & Morgan, Peter J., 2013.
"Long-term Issues for Fiscal Sustainability in Emerging Asia,"
ADBI Working Papers
432, Asian Development Bank Institute.
- Masahiro Kawai & Peter J. Morgan, 2013. "Long-term Issues for Fiscal Sustainability in Emerging Asia," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 9(4), pages 751-770, September.
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