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From the same journal

EU Independent Fiscal Institutions: An Assessment of Potential Effectiveness

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JournalJCMS-JOURNAL OF COMMON MARKET STUDIES
DateAccepted/In press - 10 May 2017
DateE-pub ahead of print - 6 Sep 2017
DatePublished (current) - 23 Apr 2018
Issue number3
Volume56
Number of pages16
Pages (from-to)504-519
Early online date6/09/17
Original languageEnglish

Abstract

The paper explores if EU independent fiscal institutions (IFIs) are in a position to exercise effective scrutiny of national fiscal policies. It identifies substantial heterogeneity across IFIs in resources which is not matched by a similar diversity in mandates. In addition to financial and human resources, better access to information, effective comply-or-explain mechanisms and closer links with legislatures could enhance fiscal surveillance and accountability in the EU. The paper provides rankings of individual IFIs constructed based on measures that aggregate these pre-conditions for effective fiscal scrutiny.

Bibliographical note

© 2017, University Association for Contemporary European Studies and John Wiley & Sons Ltd. This is an author-produced version of the published paper. Uploaded in accordance with the publisher’s self-archiving policy. Further copying may not be permitted; contact the publisher for details.

    Research areas

  • Fiscal Compact, European Union, Fiscal Councils, fiscal policy, Democracy

Research outputs

Activities

Impacts

  • Reinforcing the capacity for effective national budgetary oversight

    Impact: Public Policy, Economic

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