The functions and impact of fiscal councils published by IMF (7/2013). “In recent years, a rapidly growing number of countries have established independent agencies aimed at promoting sound fiscal policies. Although these institutions vary greatly in terms of their remit, tasks, and institutional forms, they tend to share an explicit mandate enshrined in legislation, a ‘watchdog’ role implying a direct contribution to the public debate on fiscal policy, and strict non-partisanship in their activities.”
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