Table 5.
Country | Expenditure Rule (ER) | Balanced Budget Rule (BBR) National | Balanced Budget Rule (BBR) Supranational | Balanced Budget Rule (BBR) Both |
---|---|---|---|---|
Australia | 1985–1988 2009–2014 |
1985–1988 1998–2014 |
– | – |
Austriaa | 2013-2014 | – | 1995-1998 | 1999–2014 |
Belgium | 1993–1998 | – | 1992–2014 | – |
Canada | 1998–2005 | 1998–2005 | – | – |
Chile | – | 2001–2014 | – | – |
Czech Republic | – | – | 2004–2014 | – |
Denmark | 1994–2014 | – | – | 1992–2014 |
Estonia | – | 1993–2003 | – | 2004–2014 |
Finland | 2003–2014 | – | 1995–1998 | 1999–2014 |
France | 1998–2014 | – | 1992–2012 | 2013–2014 |
Germany | 1985–2014 | 1985–1991 | – | 1992–2014 |
Greece | 2010–2014 | – | 1992–2014 | – |
Hungary | 2010–2011 | – | 2012–2014 | 2004–2011 |
Iceland | 2004–2008 | – | – | – |
Ireland | – | – | 1992–2014 | – |
Israel | 2005–2014 | 1992–2014 | – | – |
Italy | – | – | 1992–2013 | 2014 |
Japan | 2006–2008 2010–2014 |
1985–2014 | – | – |
Luxembourg | 1990–2014 | – | 1992–2014 | – |
Mexico | – | 2006–2014 | – | – |
Netherlands | 1994–2014 | – | 1992–2013 | 2014 |
New Zealand | – | 1994–2014 | – | – |
Norway | – | 2001–2014 | – | – |
Poland | 2011–2014 | – | 2004–20052008–2014 | 2006–2007 |
Portugal | – | – | 1992–2014 | – |
Slovak Republic | – | – | 2004–2014 | – |
Slovenia | – | – | 2004–2014 | – |
Spain | 2011–2014 | – | 1992–2002 | 2003–2014 |
Sweden | 1997–2014 | – | 1995–1999 | 2000–2014 |
Switzerlandb | – | – | – | – |
United Kingdom | – | – | 1992–1996 | 1997–2014 |
United Statesc | 2011–2014 | – | – | – |
aModification of the original dataset; Austria introduced a budget cap in 2013, see [37]
bModification of the original dataset; the Swiss fiscal rules (introduced in 2003) cover only the relatively small federal budget and excludes health care expenditure, see [38]
cModification of the original dataset; the 1985 and 1990 ER did not target Medicare or Medicaid spending. The 2011 ER did target Medicare spendingSource: IMF 2015