Title: "Budget Governance in Canada: Comparing Practices within a Federation"
Authors: Benoît Rigaud and Paul-Émile Arsenault
Summary:
The article, authored by Benoît Rigaud and Paul-Émile Arsenault, examines the institutional arrangements for budgeting across Canada's federal structure, comprising federal, provincial, and territorial governments. The authors utilized an OECD questionnaire from 2007 as part of their analysis.
Key Points:
-
Federal Context: Canada is a federation with 14 distinct levels of government, presenting a complex context for budgeting practices.
-
Survey Conduct: The authors conducted a pan-Canadian survey based on the OECD International Budget Practices and Procedures Database. This survey aimed to gather data on budgetary processes and procedures from the different levels of government.
-
Insight into Fiscal Federalism: The study provides valuable insights into how fiscal federalism operates through the lens of budgeting practices. It highlights the variations and similarities in budgeting methods across the federal, provincial, and territorial levels.
-
Methodology for Comparison: The article discusses the methodology used for comparing budgeting practices across these diverse levels of government, offering a framework for understanding and analyzing budget governance in federated states.
-
JEL Classification: The JEL classification indicates the article's relevance to economic literature on fiscal policy, federal structures, and budgeting practices.
In conclusion, the article offers a detailed examination of budget governance in Canada, contributing to the broader understanding of fiscal management in federated states and providing a comparative perspective on budgeting practices.