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Holger Gleich
- 1 February 2003
- WORKING PAPER SERIES - No. 215Details
- Abstract
- This paper documents the modes of organization of the budget process in ten CEEC and examines the relationship between these institutional settings and fiscal performance. Using detailed information on the budget institutions in these countries, the national budget processes are classified according to their coordination and conflict resolution properties. Empirical results show that budget procedures that are conducive to reducing collective action problems have been associated with more fiscal discipline.
- JEL Code
- D70 : Microeconomics→Analysis of Collective Decision-Making→General
E60 : Macroeconomics and Monetary Economics→Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook→General
H61 : Public Economics→National Budget, Deficit, and Debt→Budget, Budget Systems
P20 : Economic Systems→Socialist Systems and Transitional Economies→General
P30 : Economic Systems→Socialist Institutions and Their Transitions→General