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Fiscal frameworks and fiscal sustainability in the Nordics
Responsible organisation
2020 (English)Other (Other (popular science, discussion, etc.))
Abstract [en]

Public finances in the Nordics are facing great future challenges due to demographic developments. Increasing longevity is changing the age structure of the population, significantly raising the share of older people and thus the old-age dependency ratio. Over the last two decades, there has been a strong international trend to strengthen fiscal frameworks by adopting more stringent fiscal rules as well as increasing transparency and accountability. A first aim of the report is to survey and evaluate the fiscal frameworks in the Nordic countries. A second aim is to review how long-run sustainability analyses of public finances are made – and communicated to policy-makers and the general public – in the Nordics, by Ministries of Finance as well as by other institutions. The report also concludes the severity of the fiscal-sustainability problems in the Nordic countries.

Place, publisher, year, pages
Copenhagen: Nordisk Ministerråd, 2020. , p. 174
Series
Nord, ISSN 0903-7004 ; 2020:004
National Category
Environmental Management
Research subject
Labour and employment; Integration; Economy and national budget; Tax; Economy; Economy, Business and Working Life
Identifiers
URN: urn:nbn:se:norden:org:diva-5914DOI: 10.6027/Nord2020-004ISBN: 978-92-893-6562-8 (print)ISBN: 978-92-893-6563-5 (electronic)ISBN: 978-92-893-6564-2 (electronic)OAI: oai:DiVA.org:norden-5914DiVA, id: diva2:1420800
Available from: 2020-04-01 Created: 2020-03-31 Last updated: 2020-04-29

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CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
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More styles
Language
  • de-DE
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  • nn-NO
  • nn-NB
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  • Other locale
More languages
Output format
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