The Fiscal Responsibility Act 1994: The astonishing success of a weak non-binding policy

Derek Gill

The Fiscal Responsibility Act 1994: The astonishing success of a weak non-binding policy

dc.contributor.author	Derek Gill
dc.date.accessioned	2019-02-13T19:16:08Z
dc.date.available	2019-02-13T19:16:08Z
dc.date.issued	2018-11-30
dc.identifier.issn	1176-4384
dc.identifier.uri	http://hdl.handle.net/11540/9522
dc.description.abstract	This paper discusses how New Zealand already has a highly independent fiscal institution in the Treasury. A more limited case can be made for an institution to support the opposition in costing policy proposals as occurs in Australia with the Parliamentary Budget Office. The unexpected success of the FRA highlights how difficult it will be to create the conditions for another independent budget office to succeed in New Zealand.
dc.language	English
dc.publisher	New Zealand Institute of Economic Research
dc.title	The Fiscal Responsibility Act 1994: The astonishing success of a weak non-binding policy
dc.type	Discussion Paper
dc.subject.expert	Financial Stability
dc.subject.expert	Financial Management System
dc.subject.expert	Financial Restructuring
dc.subject.expert	Capital Market Development
dc.subject.expert	Market Development
dc.subject.expert	Economics
dc.subject.expert	Erosion
dc.subject.expert	International Economics
dc.subject.expert	Macroeconomic
dc.subject.expert	Macroeconomic Analysis
dc.subject.expert	Performance Evaluation
dc.subject.expert	Impact Evaluation
dc.subject.expert	Foreign and Domestic Financing
dc.subject.expert	Foreign Direct Investment
dc.subject.adb	International Financial Market
dc.subject.adb	Multilateral Financial Institutions
dc.subject.adb	Economic Recession
dc.subject.adb	Market
dc.subject.adb	Crisis
dc.subject.adb	Economic indicators
dc.subject.adb	Growth models
dc.subject.adb	Gross domestic product
dc.subject.adb	Macroeconomics
dc.subject.adb	Economic forecast
dc.subject.adb	Business Financing
dc.subject.adb	Investment Requirements
dc.subject.natural	Labor policy
dc.subject.natural	Manpower policy
dc.subject.natural	Business recessions
dc.subject.natural	Multilateral development banks
dc.subject.natural	Regulatory reform
dc.subject.natural	Capital
dc.subject.natural	Exports
dc.subject.natural	Economic development projects
dc.subject.natural	Economic policy
dc.subject.natural	Economic forecasting
dc.subject.natural	Investment Requirements
dc.subject.natural	Banks
dc.subject.natural	International banks and banking
dc.subject.natural	Capital movements
dc.subject.natural	Central banks and banking
dc.subject.natural	Bills of exchange
dc.subject.natural	Swaps
dc.subject.natural	Banks and banking
dc.subject.natural	Financial crisis
dc.subject.natural	Credit control
dc.subject.natural	Credit allocation
dc.subject.natural	Capital market
dc.subject.natural	International liquidity
dc.subject.natural	Liquidity
dc.title.series	Nzier Working Paper
dc.title.volume	2018/1
dc.contributor.imprint	New Zealand Institute of Economic Research
oar.theme	Finance
oar.theme	Economics
oar.adminregion	Asia and the Pacific Region
oar.country	Bangladesh
oar.country	Bhutan
oar.country	India
oar.country	Maldives
oar.country	Nepal
oar.country	Sri Lanka
oar.country	Brunei Darussalam
oar.country	Cambodia
oar.country	Indonesia
oar.country	Lao People's Democratic
oar.country	Malaysia
oar.country	Myanmar
oar.country	Philippines
oar.country	Singapore
oar.country	Thailand
oar.country	Viet Nam
oar.country	Cook Islands
oar.country	Fiji Islands
oar.country	Kiribati
oar.country	Marshall Islands
oar.country	Federated States of Micronesia
oar.country	Nauru
oar.country	Palau
oar.country	Papua New Guinea
oar.country	Samoa
oar.country	Solomon Islands
oar.country	Timor-Leste
oar.country	Tonga
oar.country	Tuvalu
oar.country	Vanuatu
oar.country	Afghanistan
oar.country	Armenia
oar.country	Azerbaijan
oar.country	Georgia
oar.country	Kazakhstan
oar.country	Kyrgyz Republic
oar.country	Pakistan
oar.country	Tajikistan
oar.country	Turkmenistan
oar.country	Uzbekistan
oar.country	People's Republic of China
oar.country	Hong Kong
oar.country	China
oar.country	Republic of Korea
oar.country	Mongolia
oar.country	Taipei,China
oar.identifier	OAR-009064
oar.author	Gill, Derek
oar.import	TRUE
oar.googlescholar.linkpresent	true