Business and Economics > Budgeting

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Mr. Dimitar Radev
and
Mr. Richard I Allen
En esta nota técnica se abordan las siguientes cuestiones principales: 1. ¿Cuáles son la definición, clasificación y tipología de fondos extrapresupuestarios? 2. ¿Por qué hay fondos extrapresupuestarios? 3. ¿Qué problemas crean los fondos extrapresupuestarios? 4. ¿Bajo qué criterios se evalúan y reforman los fondos extrapresupuestarios? y 5. ¿Cuáles son las implicaciones para el análisis de las políticas fiscales y para la gestión financiera pública?
Mr. Dimitar Radev
and
Mr. Richard I Allen
This technical note1 addresses the following main questions: 1. What are the definition, classification, and typology of extrabudgetary funds (EBFs)? 2. Why do EBFs exist? 3. What are the problems created by EBFs? 4. What are the criteria for evaluating and reforming EBFs? and 5. What are the implications for analysis of fiscal policies and for public financial management (PFM)?
Mr. Martin Mühleisen
,
Ms. Kornelia Krajnyak
,
Mr. Stephan Danninger
,
Mr. David Hauner
, and
Mr. Bennett W Sutton
This paper compares Canadian central government budget forecasting with forecasting by other industrial countries. While fiscal forecasting in Canada is governed by one of the strongest institutional frameworks, quantitative analysis suggests that budget projections of macroeconomic and fiscal aggregates have been more cautious than in other countries since the mid-1990s. The relatively volatile macroeconomic environment as well as institutional factors, such as Canada's asymmetric deficit target, have likely contributed to this outcome.