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Choosing the Nation's Fiscal Future (2010)
National Research Council (NRC)

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. "Appendix G: International Experience with Long-Term Budgeting." Choosing the Nation's Fiscal Future. Washington, DC: The National Academies Press, 2010.

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Choosing the Nation’s Fiscal Future

TABLE G-2 Overview of Fiscal Futures Reports

Country

Formal Reporting Obligations

Most Recent Report Title

Responsibility for Preparation and Release

First/Most Recent Release

Level of Analysis

Most Recent Time Horizon

Frequency Produced

Australia

Charter of Budget Honesty (1998)

Intergenerational Report 2

Department of Treasury

2002 / 2007

Central government

40 years

Every 5 years

Canada

NA

Working Papers

Department of Finance

2000 / 2002

General government

40 years

Ad hoc

Denmark

EC Convergence Program

Convergence Reports

Ministry of Finance

1997 / 2008

General government

Until 2050 (fixed)a

Every 5 years

Germany

EC Stability Program

Report on the Sustainability of Public Finance

Federal Finance Administration

2005 / 2008

General government

Until 2050 (fixed)a

Every 4 years

Korea

NA

Vision 2030

Ministry of Planning and Budgetb

2006 / 2006

Central government

25 years

Ad hoc

Netherlands

EC Stability Program

Aging and the Sustainability of Dutch Public Finances

Central Planning Bureau

2000 / 2006

General government

Until 2100c

Ad hoc

New Zealand

Public Finance Act (1989 as amended)d

New Zealand’s Long-term Fiscal Position

New Zealand Treasury

1993 / 2006

Central governmente

40 years

Every 4 years

Norway

NA

Long-term Perspective for the Norwegian Economy

Ministry of Finance

2006 / 2009

General governmentf

50 years

Annually

Sweden

EC Convergence Program

Sweden’s Economy (Budget Bill)

Ministry of Finance

1999 / 2008

General government

Until 2050 (fixed)

Annuallya

Switzerland

NA

Long-term Sustainability of Public Finances in Switzerland

Federal Department of Finance

2008 / 2008

General government

50 years

Every 4 years

United Kingdom

Code of Fiscal Stability (1998)

Long-term Public Finance Report

H.M. Treasury

1999 / 2008

General government

50 yearsa

Annually

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