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According to the IMF and OECD, the Dutch fiscal framework is rather unique, and its design and implementation are highly recommendable. This paper describes this framework and the role of the CPB. Major features of the Dutch fiscal framework are the trend-based fiscal framework with real net...
Persistent link: https://www.econbiz.de/10013110761
The sovereign debt problems in European countries have increased the interest in fiscal watchdogs. This paper discusses the world's oldest fiscal watchdog, CPB Netherlands Bureau for Economic Policy Analysis (CPB). CPB was founded directly after World War II. It has built a reputation of...
Persistent link: https://www.econbiz.de/10013108765
Independent national fiscal institutions can play a major role in fiscal policy and in maintaining and restoring sustainability of a country's public finance. This paper describes the role of CPB in Dutch fiscal policy and discusses its merits and risks. And to what extent can it provide lessons...
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According to the IMF and OECD, the Dutch fiscal framework is rather unique, and its design and implementation are highly recommendable. This paper describes this framework, its role in managing Dutch public expenditure, its history, the most recent national discussions and the role of the CPB....
Persistent link: https://www.econbiz.de/10014225564
In some countries - the Netherlands, UK and USA - the expected economic implications of election platforms of political parties are evaluated by independent economic institutions prior to the election. This paper analyzes the merits and limitations of this process, taking 25 years of Dutch...
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