Fiscal Futures: Are National Oil Companies Champions or Obstacles for Energy Transition?

By Patrick Heller, Advisor, Natural Resource Governance Institute and David Manley, Senior Economic Analyst, Natural Resource Governance Institute— May 22, 2019

Whether national oil companies (NOCs) are planning on investing national wealth in the oil sector, or experimenting with renewable energy projects, stronger rules and oversight on how these companies spend public money is essential.

Fiscal Futures: Bolsonaro is Leading Brazil to the Abyss

By Nathalie Beghin, Head of Policy, Inesc and Carmela Zigoni, Policy Advisor, Inesc— May 15, 2019

Democratic backsliding and rising poverty and inequality in Brazil have put gains made in fiscal transparency and accountability under severe threat. To bring Brazil back to its path towards more justice and equitable development, civil society must work together to rebuild the idea of democracy that has been eroded in recent times.

Fiscal Futures: Financial Transparency in the Era of Financial War

By Esfandyar Batmanghelidj— May 01, 2019

The present circumstances in Iran make it a cautionary tale for domestic and international stakeholders seeking to improve financial regulations, fiscal governance, and government accountability in developing economies.

Students at an anti-government protest inside Tehran University in 2018.

Fiscal Futures: Media’s Role in Reporting Fiscal Topics is a Matter of Relevance

By Petra Blum— Apr 24, 2019

Topics such as fiscal policy, accountability, and fiscal justice do not usually generate sweeping media coverage. Why? Because these topics are complicated, not easy to break down, and hard to visualize. Yet recent exposés such as the Panama Papers show that the media can still make powerful contributions to the greater fiscal transparency cause.

Fiscal Futures: Overcoming Hurdles to Citizen Activism for Fiscal Governance

By Shaazka Beyerle and Davin O’Regan, United States Institute of Peace— Apr 17, 2019

Social movements deploying various nonviolent tactics have consistently demonstrated the ability to achieve genuine – sometimes transformative – shifts in policy and government performance. The underlying dynamic involves grassroots organizing to amplify citizen voices and wield power. But can such bottom-up citizen initiatives be fostered to advance fiscal governance?

Fiscal Futures: When the People Demand Transparency for Accountability

by Nikhil Dey, Mazdoor Kisan Shakti Sangathan— Apr 10, 2019

There has been growing skepticism about the impact of transparency initiatives on fiscal accountability issues. India provides an outstanding example of how social movements have creatively and effectively used the People’s Right to Information to enforce a form of fiscal accountability that demonstrably connects allocations, expenditure, and policy with people and their priorities. How did this transformative process get initiated, and what lessons does it have for the future, and for its use in other parts of the globe?

Sharing Insights on Strategy and Learning for Fiscal Justice

By Brendan Halloran and Suvarna Hulawale, International Budget Partnership; Caroline Laroche, Natural Resource Governance Institute; and Chris Stalker, Oxfam America— Apr 09, 2019

Ensuring that organizations have in place frameworks, practices, and a culture conducive to adaptive learning and management is essential to navigating complex and challenging fiscal governance systems. Oxfam America, the Natural Resource Governance Institute, and the International Budget Partnership engaged in a series of learning exchanges to share insights and lessons from their respective Planning, Monitoring, Evaluation, and Learning (PMEL) systems and practices to learn from each other’s experiences.

Fiscal Futures: Fighting Climate Change with Fiscal Policy

By Delaine McCullough, Head of Climate Finance Accountability, International Budget Partnership — Apr 03, 2019

Climate change threatens the natural systems that our lives and economies depend on, so it is simultaneously an environmental, economic, and developmental issue. But it is also an equity issue. If you’re poor, female, or otherwise marginalized, the risk of losing your already limited assets, livelihood, and potentially your life is heightened by climate change. Failure to address this extra vulnerability as we tackle climate change will deepen existing poverty and inequality.

An aerial view of a neighborhood affected by Cyclone Idai on March 24, 2019 in Beira, Mozambique.

It’s the Oil…or Is It? The Drivers of Poor Budget Credibility in Nigeria

by Jason Lakin and Samuel Atiku— Mar 28, 2019

Many governments around the world struggle to implement their budgets, including Nigeria: the country’s federal budget was underspent every year between 2009 and 2016, with the share of underspending as high as 27 percent in 2016. Many people would be inclined to agree that volatile oil resources are at the heart of Nigeria’s broader political and economic challenges – and specifically, its failure to spend its budget. But is this right?