Case Studies of Fiscal Councils - Functions and Impact

Download or read book Case Studies of Fiscal Councils - Functions and Impact written by International Monetary Fund and published by International Monetary Fund. This book was released on 2013-07-16 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.