English, Article, Journal or magazine article edition: Controlling Public Spending in Iceland Hannes Suppanz

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Controlling Public Spending in Iceland
Author
  • Hannes Suppanz
Physical Description
  • preprint
Notes
  • This paper analyses the main features of Iceland’s public expenditure and addresses some key policy issues. While overall public spending is not high compared with Iceland’s Nordic neighbours, other OECD countries have made more progress in reining it in. Budget consolidation efforts and public-sector reforms temporarily reversed the upward trend in the government expenditure-to-GDP in the 1990s, but since then the ratio has edged up again. This highlights the need for enhancing spending control through further reforms. Indeed, although the expenditure management system has undergone significant changes over the past ten years or so, much remains to be done to increase budgetary discipline and improve the system’s ability to contain social-spending pressures, which will intensify as the population ages. In particular, weaknesses that need to be addressed would seem to relate to the budget process and the lack of a medium-term expenditure policy, along with insufficient performance ... Ce document analyse les principales caractéristiques des dépenses publiques en Islande et aborde quelques questions politiques déterminantes. Bien que les dépenses publiques globales ne soient pas élevées comparativement aux pays nordiques voisins de l’Islande, d’autres pays de l’OCDE ont réussi à mieux les maîtriser. Les efforts d’assainissement budgétaire et les réformes du secteur public ont momentanément inversé la tendance ascendante du ratio dépenses publiques/​PIB des années 1990, mais depuis lors, ce dernier s’inscrit de nouveau à la hausse. D’où la nécessité de renforcer la maîtrise des dépenses par de nouvelles réformes. Le système de gestion des dépenses a certes été profondément modifié depuis une dizaine d’années, mais il reste encore fort à faire pour renforcer la discipline budgétaire et mieux contenir les pressions exercées par les dépenses sociales, pressions qui vont s’intensifier avec le vieillissement démographique. En particulier, les faiblesses qui appellent des ...
  • public sector efficiency, budget systems, efficacité du secteur public, système budgétaire, public management, gestion publique, Iceland, Islande, dépenses publiques, public expenditure
  • RePEc:oec:ecoaaa:360-en
Language
  • English
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