Search: fiscal transparency
RBA Glossary definition for fiscal transparency
fiscal transparency – The facility which enables investors and other interested parties to satisfy themselves as to the nature and quality of the decision process pursued by policy-makers in government or the corporate entity concerned. One of the 12 key standards identified by the Financial Stability Forum as the minimum required for good practice in sound financial systems. Fiscal transparency strengthens accountability of the government and decreases the risk of maintaining unsustainable policies.
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Discussion on The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
were 5.95 per cent on average in 1984, and remained each quarter consistently above these levels, 1987–88 apart (when the fiscal-year average was 4.15 per cent), until ... moment). Much is also made of the recent attack of the George Washingtons, or
https://www.rba.gov.au/publications/confs/1997/hughes-disc.html
Monetary Policy and Financial Stability | Conference – 2017
16 Mar 2017
Conferences
Moreover, crises typically undermine countries' fiscal positions, as well as social and political stability and cohesion. ... It also involves using one instrument for two targets. Transparency and predictability could suffer, making communication more
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli.html
Biographies of Contributors | Conference – 2011
16 Aug 2011
Conferences
Mr Connolly has also worked in the Economic Research Department of the Bank where his research examined the impact of superannuation on household saving and the effect of monetary policy transparency ... He is an economic modeller and forecaster, with a
https://www.rba.gov.au/publications/confs/2011/bios-2011.html
Discussion on Setting Monetary Policy in East Asia: Goals, Developments and Institutions | Conference – 2001
24 Jul 2001
Conferences
Similarly, central bank independence (CBI), transparency and accountability – the accoutrements of the modern central bank – are means to an end and never aims in themselves. ... For example, it may weaken the coordination of monetary, fiscal and
https://www.rba.gov.au/publications/confs/2001/mccauley-disc.html
Wrap-up Discussion | Conference – 2004
9 Aug 2004
Conferences
fiscal conditions indices should have in them, as well as public accounting standards. ... policies; there are dangers in overuse of iconic things like transparency and accountability.
https://www.rba.gov.au/publications/confs/2004/wrap-up-disc-2004.html
Assessing the Sources of Changes in the Volatility of Real Growth | Conference – 2005
11 Jul 2005
Conferences
Increased independence, as well as improved accountability and transparency have all played a role. ... There was an increase in independence and transparency, as well as a new-found commitment to low, stable inflation.
https://www.rba.gov.au/publications/confs/2005/cecchetti-flores-lagunes-krause.html
The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997
21 Jul 1997
Conferences
But simple rules are argued to carry advantages in terms of transparency and credibility.
https://www.rba.gov.au/publications/confs/1997/edey.html
Closing Remarks | Conference – 2006
23 Jul 2006
Conferences
I think one thing that has come through strongly is that the usual messages about retirement incomes policy issues, the associated questions of fiscal sustainability and so on, are reinforced by ... That is, presumably, not what the regulators intended.
https://www.rba.gov.au/publications/confs/2006/closing-remarks-2006.html
Wrap-up Discussion | Conference – 2008
14 Jul 2008
Conferences
They predict markets will learn from recent mistakes and deliver some of the needed changes, like improvements in transparency, product simplification and better performance from rating agencies. ... In the early 1980s, crises took the form of sovereign
https://www.rba.gov.au/publications/confs/2008/wrap-up-disc-2008.html
Panel Discussion on Financial Stability: Ten Questions and about Seven Answers | Conference – 2010
9 Feb 2010
Conferences
In addition, the Federal Reserve and others are evaluating how greater transparency with respect to OTC derivatives prices would improve financial stability. ... One panellist suggested that monetary authorities must make it clear to fiscal authorities
https://www.rba.gov.au/publications/confs/2010/caruana-disc.html