IMF Working Papers

Fiscal Rules at a Glance: Country Details from a New Dataset

By Nina Budina, Tidiane Kinda, Andrea Schaechter, Anke Weber

November 14, 2012

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Nina Budina, Tidiane Kinda, Andrea Schaechter, and Anke Weber. Fiscal Rules at a Glance: Country Details from a New Dataset, (USA: International Monetary Fund, 2012) accessed December 24, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This 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 “Fiscal Rules in Response to the Crisis—Toward the ‘Next Generation’ Rules: A New Dataset” 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.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal rules, Fiscal stance, Public debt, Public financial management (PFM)

Keywords: Budget balance rule, Budget deficit, Budget planning and preparation, Caribbean, Debt rule, Enforcement procedure, Expenditure rule, Fiscal governance, Fiscal policy, Fiscal rules, Fiscal stance, General government, National rule, West Africa, WP

Publication Details

  • Pages:

    62

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2012/273

  • Stock No:

    WPIEA2012273

  • ISBN:

    9781616359102

  • ISSN:

    1018-5941

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