An Assessment of Fiscal Rules in the United Kingdom

An Assessment of Fiscal Rules in the United Kingdom
The paper assesses the United Kingdom's golden rule and debt rule against "ideal characteristics" of fiscal rules. It concludes that they are clearly defined; transparent in institutional arrangements and measurement; adequate to ensure sustainability; and strike a good balance between flexibility and enforceability. The rules could be... READ MORE...

Publication date: July 2001
ISBN 9781451851519
$15.00

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