Ireland’s Fiscal Framework: options for the future by George Kopits published by The Economic and Social Review (2014). “The Fiscal Responsibility Act of 2012 established fiscal policy rules and an independent fiscal watchdog, the Irish Fiscal Advisory Council (IFAC) – patterned after the new EU template for fiscal rules and the Swedish fiscal council, respectively. These elements, along with budgetary procedural rules, comprise the core of Ireland’s fiscal framework…”
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