Limit search to available items
Book Cover
Author Reviglio, Franco.

Title Budgetary transparency for public expenditure control / Franco Reviglio
Published [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., [2001]
Online access available from:
IMF eLibrary    View Resource Record  


Description 1 online resource (30 pages) : illustrations
Series IMF working paper ; WP/01/8
IMF working paper ; WP/01/8
Summary This paper explains why EMU countries seem unable or unwilling to undertake structural reforms of public expenditure. One of the reasons is political. What public expenditure reforms might be pursued without changing the political system? Without political reforms, technical improvements made to increase budget transparency, such as strengthening budget procedure, integrating accrual into cash accounting, and removing accounting gimmicks, could indirectly affect reforms of public expenditure. Removing gimmicks and helping prevent the emergence of new creative accounting techniques may be a partial substitue for political reforms. Implementation of the Growth and Stability Pact should be dynamically consistent with budgetary transparency. Although other EMU countries resorted as well to budgetary gimmicks to bypass difficult fiscal constraints, the Italian case is used as a reference to clarify these issues. Transparency may help discourage the use of gim micks
Bibliography Includes bibliographical references (pages 26-30)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Disclosure of information -- Italy.
Expenditures, Public.
Finance, Public -- Italy.
Taxation -- Italy.
Unemployment -- Italy.
Form Electronic book
Author International Monetary Fund. Fiscal Affairs Department.
ISBN 1281603821