Can budget institutions counteract political indiscipline?

Can budget institutions counteract political indiscipline? /

The budget is an expression of political rather than economic priorities. We confirm this proposition for a group of new and potential members of the European Union, finding that politics dominates. The contemporary practice of democracy can increase budget deficits through not only ideological pref...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Authors: Fabrizio, Stefania (Author), Mody, Ashoka (Author)
Corporate Author: International Monetary Fund. Western Hemisphere Department
Format: Electronic eBook
Language:English
Published: [Washington D.C.] : International Monetary Fund, European Dept., 2006
Series:IMF working paper ; WP/06/123.
Subjects:
Budget > European Union countries > Econometric models.
Fiscal policy > European Union countries > Econometric models.
Elections > Economic aspects > European Union countries.
Local Note:ProQuest Ebook Central
Table of Contents:
  • Contents
  • I. INTRODUCTION
  • II. THE DETERMINANTS OF FISCAL PERFORMANCE: A SELECTIVE LITERATURE REVIEW
  • III. BUDGET INSTITUTIONS IN NEW AND POTENTIAL EU MEMBER STATES
  • IV. BENCHMARK RESULTS
  • V. THE ROLE OF DEEPER DETERMINANTS: TIME-INVARIANT FACTORS
  • VI. DIFFERENTIATING THE EFFECTS ON EXPENDITURES AND REVENUES
  • VII. CONCLUSIONS
  • REFERENCES

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