Periodicity in Parliamentary Budget Offices: The Case of New South Wales

Discussion Paper Series: The Art and Science of Legislative Budget Offices, 2017

9 Pages Posted: 5 Apr 2017

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

Date Written: April 4, 2017

Abstract

Independent Fiscal Institutions (IFIs) such as Parliamentary Budget Offices (PBO), both at the national and subnational levels, are generally created as permanent (continuously functioning) entities to serve the budget process. However, an innovation in the periodicity of IFIs is found in the state of New South Wales (Australia), where the PBO is created every election cycle, disbanded, and then recreated in the following cycle. This discussion paper considers the consequences of periodicity in the function of IFIs by examining the advantages and disadvantages of the PBO model as formulated in New South Wales.

Keywords: Parliamentary Budget Office, Budgeting, Transparency, Accountability, Fiscal Policy, Institutions, Australia, New South Wales, Legislative Budget Offcie, Independent Fiscal Institutions

Suggested Citation

Chohan, Usman W., Periodicity in Parliamentary Budget Offices: The Case of New South Wales (April 4, 2017). Discussion Paper Series: The Art and Science of Legislative Budget Offices, 2017. Available at SSRN: https://ssrn.com/abstract=2946102 or http://dx.doi.org/10.2139/ssrn.2946102

Usman W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )

Rawalpindi
Pakistan

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