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Breaking the Impediments to Budgetary Reforms

Breaking the Impediments to Budgetary Reforms »

Source: Breaking the Impediments to Budgetary Reforms : Evidence from Europe

Volume/Issue: 2008/82

Series: IMF Working Papers

Author(s): Ashoka Mody , and Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2008

ISBN: 9781451869439

Keywords: Budget institutions, government fragmentation, government ideology, economic shocks, fiscal institutions, budget process, fiscal performance,

Under what conditions are budget institutions likely to be strengthened? We find that fiscal deficits do not help in focusing policymakers on undertaking reforms. To the contrary, the larger the deficit, the lower...

Breaking the Impediments to Budgetary Reforms
			: Evidence from Europe

Breaking the Impediments to Budgetary Reforms : Evidence from Europe »

Volume/Issue: 2008/82

Series: IMF Working Papers

Author(s): Ashoka Mody , and Stefania Fabrizio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2008

DOI: http://dx.doi.org/10.5089/9781451869439.001

ISBN: 9781451869439

Keywords: Budget institutions, government fragmentation, government ideology, economic shocks, fiscal institutions, budget process, fiscal performance,

Under what conditions are budget institutions likely to be strengthened? We find that fiscal deficits do not help in focusing policymakers on undertaking reforms. To the contrary, the larger the deficit, the lower...