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ON GLOBAL DEVELOPMENT 36 全球发展工作坊 36 Bringing Fiscal Architecture to
the 21st Century 将财政架构带入 21世纪 While the global
economic and financial outlook has improved in the last six months ,
many countries continue to struggle with high public debt amid
new challenges from dimming medium-term growth prospects. Countries
need to take decisive efforts to safeguard sustainable public finances and
rebuild fiscal buffers. Building
such foundations requires countries to take a medium-term approach to budgetary
planning and execution at all levels of government. This
presentation explains the three pillars of the new fiscal architecture that
need to be established to build th e quality and efficiency of public
spending and financial management across the levels of government. 虽然全球经济和金融前景在过去六个月有所改善, 但在中期增长前景黯淡的新挑战下, 许多国家继续与高额公共债务作斗争。各国需要
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