EU Fiscal Governance Reforms: A Perspective of Independent Fiscal Institutions

The fiscal framework needs in practice to achieve a balance between, on the one hand, effective budgetary rules that allow governments to commit to sound policies and, on the other, judgements and discretion in how these are applied so that the framework adequately reflects the complexity of the sit...

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Main Author: Sebastian Barnes
Format: Article
Language:English
Published: Springer 2022-02-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1023-z
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author Sebastian Barnes
author_facet Sebastian Barnes
author_sort Sebastian Barnes
collection DOAJ
description The fiscal framework needs in practice to achieve a balance between, on the one hand, effective budgetary rules that allow governments to commit to sound policies and, on the other, judgements and discretion in how these are applied so that the framework adequately reflects the complexity of the situations that countries may find themselves in.
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spelling doaj-art-6804b343767243069a4fd4669f8161852025-01-17T08:34:13ZengSpringerIntereconomics0020-53461613-964X2022-02-01571212510.1007/s10272-022-1023-zEU Fiscal Governance Reforms: A Perspective of Independent Fiscal InstitutionsSebastian Barnes0Economics Department, Whitaker Square (ESRI Building), Irish Fiscal Advisory CouncilThe fiscal framework needs in practice to achieve a balance between, on the one hand, effective budgetary rules that allow governments to commit to sound policies and, on the other, judgements and discretion in how these are applied so that the framework adequately reflects the complexity of the situations that countries may find themselves in.https://doi.org/10.1007/s10272-022-1023-z
spellingShingle Sebastian Barnes
EU Fiscal Governance Reforms: A Perspective of Independent Fiscal Institutions
Intereconomics
title EU Fiscal Governance Reforms: A Perspective of Independent Fiscal Institutions
title_full EU Fiscal Governance Reforms: A Perspective of Independent Fiscal Institutions
title_fullStr EU Fiscal Governance Reforms: A Perspective of Independent Fiscal Institutions
title_full_unstemmed EU Fiscal Governance Reforms: A Perspective of Independent Fiscal Institutions
title_short EU Fiscal Governance Reforms: A Perspective of Independent Fiscal Institutions
title_sort eu fiscal governance reforms a perspective of independent fiscal institutions
url https://doi.org/10.1007/s10272-022-1023-z
work_keys_str_mv AT sebastianbarnes eufiscalgovernancereformsaperspectiveofindependentfiscalinstitutions