Case Studies of Fiscal Councils - Functions and Impact

July 16, 2013

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Case Studies of Fiscal Councils - Functions and Impact, (USA: International Monetary Fund, 0) accessed December 25, 2024

Summary

This supplement presents case studies of seven fiscal councils and examines how each council performs its core functions and if and how it impacts on the fiscal policy debate. The seven fiscal councils are: Belgium (Conseil Supérieur des Finances—HCF), Canada (Parliamentary Budget Officer—PBO), Hungary (Költségvetési Tanács), Korea (National Assembly Budget Office—NABO), the Netherlands (Centraal Planbureau—CPB), Sweden (Finanspolitiska rådet), and the United States (Congressional Budget Office-CBO). The main paper presents the comparative lessons and the general findings of this study based on a systematic comparison of these fiscal councils’ experiences. This supplement discusses in detail each individual fiscal council’s experiences.

Subject: Belgium, Canada, Cross country analysis, Financial management, Fiscal analysis, Fiscal policy, Hungary, Korea, Republic of, Netherlands, Public finance, Sweden, United States

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