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Let us consider the case of Italy as an example: time series are currently produced by the Italian National Statistical Institut ...
3) to provide estimates of capital consumption in order to allow the calculation of net investment expenditure: from the survey ...
As to the improvement of present data availability at European level (in particular with reference to the fifteen “old” Member S ...
Annex: The survey results In this annex it is presented a synthesis of the results from the survey made among countries particip ...
A B C D E 1 COFOG functions Member States ABCDE ABCDEABCDE All functions total / average 15 1 0 4 6 3 t + 12,1 00 4,6 5,4 4 0014 ...
4 COFOG functions Member States ABCDE ABCDEABCDE 1-digit COFOG total / average 14 11723t +11,0116231 0 3 0 9 % of total 7% 7% 50 ...
A B C D E 8 COFOG functions Member States ABCDEABCDEABCDE total / average 11 0 1 0 63120 8 0 2,5^20 51,5 % of total 0% 9% 0% 55% ...
References Afonso, A. (2004), “A note on Public Spending Efficiency”, CESifo DICE Report, 1/2004, pp. 35-39 Atkinson, T. (2004), ...
II. FISCAL GOVERNANCE ...
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INTRODUCTION: II. FISCAL GOVERNANCE Establishing sound fiscal institutions is the first building block of the quality-concept fo ...
Swedish experience with medium-term, nominal expenditure rules. They were introduced in response to a severe economic and fiscal ...
NATIONAL NUMERICAL FISCAL RULES FOR SOUND PUBLIC FINANCES European Commission Paper completed: Spring 2006 Summary The economic ...
The number of rules in force in EU Member States has increased continuously over the past twenty years. This tendency has been ...
1. Introduction The Maastricht Treaty and the Stability and Growth Pact (SGP) impose budgetary obligations on the Member States. ...
rebalance incentives of policy-makers and impose constraints on the conduct of fiscal policy, via the introduction of adequate f ...
an explosive path in most EU countries due to the large amounts of implicit liabilities that Member States have accumulated and ...
Fragmented governments and the common pool problem Another part of literature has studied the influence of voting rules and poli ...
Figure 2 - Developments in the debt ratio in the main industrialised countries and in the EU over the last 30 years 2005 2000 19 ...
As mentioned in the introduction, the questions related to the desirable characteristics of the budgetary process are outside th ...
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