Fiscal Transparency and Economic Outcomes

This paper develops indices of fiscal transparency for a broad range of countries based on the IMF's Code of Good Practices on Fiscal Transparency, using data derived from published fiscal transparency modules of the Reports on the Observance of Standards and Codes (ROSCs). The indices covers f...

Full description

Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005, 2005
Series:IMF Working Papers; Working Paper
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 01859nmm a2200397 u 4500
001 EB000930084
003 EBX01000000000000000723680
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |z 9781451862447 
020 |a 9781451862447 
020 |a 145186244X 
245 0 0 |a Fiscal Transparency and Economic Outcomes  |h electronic resource 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2005, 2005 
300 |a 45 p. 
651 4 |a Iran, Islamic Republic of 
651 4 |a Uganda 
651 4 |a Burkina Faso 
651 4 |a Bulgaria 
651 4 |a Georgia 
653 |a Fiscal Discipline 
653 |a Budget Execution 
653 |a Financial Markets and Institutions 
653 |a Financial Markets and the Macroeconomy 
653 |a Fiscal Risk 
653 |a Contingent Liabilities 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers; Working Paper 
028 5 0 |a 10.5089/9781451862447.001 
856 |u http://elibrary.imf.org/view/IMF001/02550-9781451862447/02550-9781451862447/02550-9781451862447.xml  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper develops indices of fiscal transparency for a broad range of countries based on the IMF's Code of Good Practices on Fiscal Transparency, using data derived from published fiscal transparency modules of the Reports on the Observance of Standards and Codes (ROSCs). The indices covers four clusters of fiscal transparency practices: data assurances, medium-term budgeting, budget execution reporting, and fiscal risk disclosures. More transparent countries are shown to have better credit ratings, better fiscal discipline, and less corruption, after controlling for other socioeconomic variables