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 betwee...

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Bibliographic Details
Main Author: Kell, Michael
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/091
Online Access:Full text available on IMF