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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New Financial Statistics: The Value of Sound Data in Troubled Times
17 Sep 2020
Speech
Speech delivered by Marion Kohler, Head of Domestic Markets, to the Australian Financial Markets Association, Online
https://www.rba.gov.au/speeches/2020/sp-so-2020-09-17.html
Infrastructure Investment in China
19 Jun 2014
Bulletin
– June 2014
Infrastructure investment in China has increased significantly in recent decades and has been a significant driver of economic growth and improved standards of living. Nonetheless, the level of infrastructure in China remains below that in developed
https://www.rba.gov.au/publications/bulletin/2014/jun/4.html
Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada | Conference – 2018
12 Apr 2018
Conferences
Other contributing factors included lax fiscal policy at the federal and provincial levels, along with oil price shocks. ... demand and prices, rather than portfolio shifts driven by concerns about fiscal sustainability.
https://www.rba.gov.au/publications/confs/2018/carter-mendes-schembri.html
Regulatory Developments
9 Oct 2020
FSR
– October 2020
Complementing the extensive global monetary and fiscal stimulus in response to the pandemic, prudential authorities have also taken a range of actions to enhance bank resilience and to support the economy. ... set supervisory expectations to create
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.html
Financing Infrastructure: A Spectrum of Country Approaches
19 Sep 2013
Bulletin
– September 2013
Over recent decades, there has been a shift away from public infrastructure financing towards private infrastructure financing, particularly in advanced economies. In this article, infrastructure financing in four countries – China, India,
https://www.rba.gov.au/publications/bulletin/2013/sep/8.html
Discussion | Conference – 2018
12 Apr 2018
Conferences
This led to some discussion on transparency and communication. A participant noted that these had previously been agreed as two key pillars of an effective inflation-targeting regime, and that they ... Lastly, the point was made that the role of fiscal
https://www.rba.gov.au/publications/confs/2018/broadbent-disc.html
New Financial Stability Governance and Central Banks | Conference – 2017
16 Mar 2017
Conferences
and CB communications on macroprudential policy and financial stability topics, which they interpret as capturing transparency and accountability. ... broaden support for the agencies' action as well as result in greater transparency for the decision.
https://www.rba.gov.au/publications/confs/2017/edge-liang.html
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
The problem could be exacerbated if the sovereign's creditworthiness came under strain: historically, fiscal crises have often occurred on the heels of financial crises (e.g. ... Jordà, Schularick and Taylor 2016). This is partly because financial booms
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
The Economy and Monetary Policy | Reserve Bank of Australia Annual Report - 1996
31 Dec 1996
Annual Report
The widespread need for fiscal consolidation has given rise to concern that fiscal policy will unduly restrict economic activity. ... prospective fiscal consolidation; and. a confidence-boosting easing of monetary policy in late July.
https://www.rba.gov.au/publications/annual-reports/rba/1996/economy-monetary.html
Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach
1 Feb 2017
RDP
2017-01
Publishing estimates of uncertainty can also enhance a central bank's transparency, credibility, and accountability. ... Fiscal policy represents another area where conditioning assumptions could have implications for using historical forecast errors to
https://www.rba.gov.au/publications/rdp/2017/2017-01/full.html
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