CONTENTS
Foreword ............................................................................................................................................................ 5
I. FRAMEWORK AND DATA ISSUES
- Introductory Note ................................................................................................................................... 11
- Restructuring Public Expenditure – Challenges and Achievements. Key Issues on the Quality of
Public Finances
Economic Policy Committee................................................................................................................... 13 - Report on Quality of Public Finances Issues – Work Accomplished and Way Forward
Economic Policy Committee................................................................................................................... 21 - Quality of Public Finances and Growth
António Afonso, Werner Ebert, Ludger Schuknecht and Michael Thöne .............................................. 39 - Possible Ways to Implement a Dataset to Analyse the Quality of Public Expenditure
Economic Policy Committee................................................................................................................... 61
II. FISCAL GOVERNANCE
- Introductory Note ................................................................................................................................... 89
- National Numerical Fiscal Rules for Sound Public Finances
European Commission ........................................................................................................................... 91 - The Role for Fiscal Agencies
Xavier Debrun, David Hauner and Manmohan S. Kumar (International Monetary Fund)................. 129 - Design Choices for Fiscal Policy Rules
Barry Anderson and Joseph J. Minarik (OECD).................................................................................. 149 - Improving Public Sector Efficiency: Challenges and Opportunities
Teresa Curristine, Zsuzsanna Lonti and Isabelle Joumard (OECD).................................................... 179 - Modernising Public Administration: Initiatives to Improve the Efficiency and Effectiveness of
Public Spending
European Commission.......................................................................................................................... 209 - Expenditure Ceilings and Fiscal Policy – Swedish Experiences
Urban Hansson Brusewitz and Yngve Lindh (Ministry of Finance Sweden)........................................ 223 - Program Budgeting and Performance Management in France: The 2001 Reform of the
Constitutional Bylaw
Frédéric Bobay (Ministry of Economy, Finance and Industry France)............................................... 235
III. COMPOSITION AND EFFICIENCY OF EXPENDITURE
- Introductory Note.................................................................................................................................. 249
- The Efficiency and Effectiveness of Public Spending
Economic Policy Committee and European Commission..................................................................... 251