Should advanced countries adopt a fiscal responsibility law? by Ian Lienert, published by IMF. This paper explores why so few advanced countries have adopted a FRL.  Possible reasons include: advanced countries are more mature than emerging countries with respect…

Ian Lienert published Who Controls the Budget: The Legislature of the Executive?, as IMF Working Paper. "Country-specific factors prevent a strong linear relationship between the legislature’s budgetary powers and the extent of its separation from the executive…. it is…