OECD Journal on Budgeting

Frequency
3 times a year
ISSN: 
1681-2336 (online)
ISSN: 
1608-7143 (print)
http://dx.doi.org/10.1787/16812336
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The OECD journal on public sector budgeting, published three times per year. It draws on the best of the recent work of the OECD Working Party of Senior Budget Officials (SBO), as well as special contributions from finance ministries, and makes it available to a wider community in an accessible format. The journal provides insight on leading-edge institutional arrangements, systems and instruments for the allocation and management of resources in the public sector. Now published as a part of the OECD Journal subscription package.

Also available in French
Article
 

Post-Crisis Fiscal Rules

Stabilising Public Finance while Responding to Economic Aftershocks You do not have access to this content

English
 
Click to Access: 
    http://oecd.metastore.ingenta.com/content/4210021ec002.pdf
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Author(s):
Allen Schick
26 Nov 2010
Pages:
18
Bibliographic information
No.:
7,
Volume:
10,
Issue:
2
Pages:
1–18
http://dx.doi.org/10.1787/budget-10-5km7rqpkqts1

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This article discusses the economic crisis that has ravaged the budgets of many developed countries, and whether conditions have sufficiently stabilised to permit governments to introduce next-generation fiscal rules. The article examines a series of issues that may arise as governments re-engineer or introduce fiscal rules. Discussion of each issue begins with lessons from existing rules and concludes with observations on the design of new rules. The final section considers the role of budgeting in designing and implementing fiscal rules.
 
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