01944cas a2200277 a 4500 AALejournalIMF011841 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475503340 1018-5941 BD-DhAAL BD-DhAAL Olden, Brian. Fiscal Consolidation in Southeastern European Countries : The Role of Budget Institutions / Brian Olden, Duncan Last, Sami Ylaoutinen, Carla Sateriale. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (50 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses the relative strengths and weaknesses of fiscal institutions in ten Southeastern European countries, using recent benchmarking methodologies developed by FAD. The assessment evaluates each country's understanding of the scale of the fiscal adjustment challenge, its ability to develop a credible consolidation strategy, and its capacity to implement the strategy. Key institutional arrangements, are generally in place, including top-down budgeting and medium-term budget frameworks. Other institutional arrangements require further attention, including macro-fiscal forecasting, fiscal risk analysis, setting fiscal objectives, presence and role of independent fiscal agencies, and top-down parliamentary approval. Mode of access: Internet Last, Duncan. Sateriale, Carla. Ylaoutinen, Sami. IMF Working Papers; Working Paper ; No. 2012/113 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/113/001.2012.issue-113-en.xml IMF e-Library