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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Monetary and Macroprudential Policies: The Case for a Separation of Powers
10 Feb 2020
Conferences
PDF
1527KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-broadbent.pdf
Discussion | Conference – 2018
12 Apr 2018
Conferences
Hutchins Center on Fiscal & Monetary Policy at Brookings, Hutchins Center Working Paper No 15. ... A participant stated that monetary policy and fiscal policy ultimately have to be consistent.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton-disc.html
The Australian Government's Current Approach to Monetary Policy: An Evaluation | Conference – 1997
21 Jul 1997
Conferences
This ideal of transparency is unlikely to be present when the adopted regime involves finetuning. ... Transparency: measures the extent to which information and forecasts used in determining the stance of monetary policy are clearly available.
https://www.rba.gov.au/publications/confs/1997/stemp.html
Panel Discussion: Assessing Structural Change in China and Its Consequences | Conference – 2016
18 Mar 2016
Conferences
To achieve this, significant reforms to state-owned enterprises (SOEs), fiscal policy and land rights would need to be implemented. ... have become more worried about medium-term growth and the outlook for rebalancing because of unsustainable monetary
https://www.rba.gov.au/publications/confs/2016/panel-discussion.html
Policy Panel
19 Dec 2013
Conferences
PDF
209KB
RBA Conference Volume 2013
https://www.rba.gov.au/publications/confs/2013/pdf/policy-panel-2013.pdf
What Have We Learned in the Past 50 Years about the International Financial Architecture? | Conference – 2010
9 Feb 2010
Conferences
Balance of payments adjustment would be managed through domestic fiscal and monetary policies. ... This prescription became increasingly difficult to use, however. It took time for monetary and fiscal measures to work, during which unemployment had to be
https://www.rba.gov.au/publications/confs/2010/crockett.html
Central Bank Liquidity Provision and Core Funding Markets | Conference – 2013
19 Aug 2013
Conferences
yields, and contagion to other peripheral bond market spreads as their fiscal positions came into question (Figure 13). ... Product standardisation and increased transparency reduces information asymmetry surrounding asset valuations, which should help
https://www.rba.gov.au/publications/confs/2013/johnson-santor.html
Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada
10 Feb 2020
Conferences
PDF
1639KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-carter-mendes-schembri.pdf
Private Capital Flows, Living with Volatility, and the New Architecture | Conference – 1999
9 Aug 1999
Conferences
or even avoided through the use of fiscal policy which would involve a decline in reserves. ... The answer here is that a credible, conservative fiscal policy should be established in good times.
https://www.rba.gov.au/publications/confs/1999/corden.html
Discussion on The Case for Inflation Targeting in East Asian Countries | Conference – 2001
24 Jul 2001
Conferences
The paper stresses the importance of transparency and accountability to balance the greater independence enjoyed by central banks. ... However, the paper does not mention another key benefit of increased transparency and accountability, that is to
https://www.rba.gov.au/publications/confs/2001/debelle-disc.html