It takes the average reader and 35 minutes to read Strengthening Post-Crisis Fiscal Credibility by Mr.Xavier Debrun
Assuming a reading speed of 250 words per minute. Learn more
Institutions aimed at constraining policy discretion to promote sound fiscal policies are once again at the forefront of the policy debate. Interest in “fiscal councils,” independent watchdogs active in the public debate, has grown rapidly in recent years. This paper presents the first cross-country dataset summarizing key characteristics of fiscal councils among IMF members. The data documents a surge in the number of fiscal councils since the crisis. It also illustrates that well-designed fiscal councils are associated with stronger fiscal performance and better macroeconomic and budgetary forecasts. Key features of effective fiscal councils include operational independence from politics, the provision or public assessment of budgetary forecasts, a strong presence in the public debate, and the monitoring of compliance with fiscal policy rules.
Strengthening Post-Crisis Fiscal Credibility by Mr.Xavier Debrun is 35 pages long, and a total of 8,925 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Strengthening Post-Crisis Fiscal Credibility aloud.
Strengthening Post-Crisis Fiscal Credibility is suitable for students ages 8 and up.
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