What can be learned from the world’s oldest fiscal watchdog?
Frits Bos, Coen Teulings, 1 May 2012The sovereign debt problems in European countries have increased the interest in fiscal watchdogs. This column draws lessons from the evolution of the oldest such institution, the Netherlands Bureau for Economic Policy Analysis. It suggests starting with a conventional approach focusing on monitoring and analysing the government budget only to later contribute to broader policy issues. Full Article: What can be learned from the world’s oldest fiscal watchdog?