External review CPB - Laura Van Geest, Netherlands
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This presentation was made by Laura Van Geest, CPB Netherlands Bureau for Economic Policy Analysis, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
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External review CPB - Laura Van Geest, Netherlands
- 1. CPB Netherlands Bureau for Economic Policy Analysis External Review CPB Laura van Geest OECD IFI Network April 11th 2016
- 2. CPB Netherlands Bureau for Economic Policy Analysis Contents • Why • What • Who • How
- 3. CPB Netherlands Bureau for Economic Policy Analysis WHY? • Independence requires accountability • Learn and improve • Own initiative (since 1997), now enshrined in secondary legislation 11 April 2016 OECD Paris 3
- 4. CPB Netherlands Bureau for Economic Policy Analysis Who Commissions? • Review Board (CPB) • Government • Parliament • IFI community (like Courts of Auditors, Statistics) 11 April 2016 OECD Paris 4
- 5. CPB Netherlands Bureau for Economic Policy Analysis What: Scope and Format of External Review Scope • Assessment of performance / reconsidering remit • Scientific Quality, Policy Relevance both Format • Framework: open questions versus standard format • Frequency: Every 5 to 6 years 11 April 2016 OECD Paris 5
- 6. CPB Netherlands Bureau for Economic Policy Analysis Who Reviews? Selection Criteria • High Quality / Informed • Independent • Open minded • Politically well balance Composition • Peers (cf Court of Auditors) • Scientists • Policy Makers • Chairman key • Independent Secretary • 5-7 people 11 April 2016 OECD Paris 6
- 7. CPB Netherlands Bureau for Economic Policy Analysis How? Prepatory work Site visit Written Report Response & publicity Implementation 11 April 2016 OECD Paris 7
- 8. CPB Netherlands Bureau for Economic Policy Analysis Prepatory work • Report on Academic citations • Policy impact review (news papers, websites, parliamentary minutes) • Public at Large (Poll) • Self assessment (including SWOT; mission) • Prepare for Site visit 11 April 2016 OECD Paris 8
- 9. CPB Netherlands Bureau for Economic Policy Analysis Site visit • CPB Staff • Academics • Policy makers at ministries • Other Stakeholders (Social Partners etc) • Politicians (parliamentarians) • Journalists 11 April 2016 OECD Paris 9
- 10. CPB Netherlands Bureau for Economic Policy Analysis Written Report • Assessment • Recommendations o To IFI o To others (e.g. government) 11 April 2016 OECD Paris 10
- 11. CPB Netherlands Bureau for Economic Policy Analysis Written Report – Examples of Recommendations • financial overstretch • positioning vis-à-vis government • relations with policy makers • macro modelling • scope of charted choices • communications strategy 11 April 2016 OECD Paris 11
- 12. CPB Netherlands Bureau for Economic Policy Analysis Response By policy • Policy response by IFI • Policy response by Government (if relevant) Publicity / Debate in Parliament • Publication sine qua non • 2013 Lower Chamber committee debate on report with Minister • 2014/2015 Lower Chamber committee hearing with Director CPB 11 April 2016 OECD Paris 12
- 13. CPB Netherlands Bureau for Economic Policy Analysis Implementation • Monitoring through Review Board • Next External Review 11 April 2016 OECD Paris 13