{"id":"https://openalex.org/W7202097008","doi":"https://doi.org/10.47191/jefms/v9-i8-12","title":"Global Best Practices for Managing Fiscal Risk: An Analysis","display_name":"Global Best Practices for Managing Fiscal Risk: An Analysis","publication_year":2026,"publication_date":"2026-08-10","ids":{"openalex":"https://openalex.org/W7202097008","doi":"https://doi.org/10.47191/jefms/v9-i8-12"},"language":"en","primary_location":{"id":"doi:10.47191/jefms/v9-i8-12","doi":"https://doi.org/10.47191/jefms/v9-i8-12","is_oa":true,"landing_page_url":"https://doi.org/10.47191/jefms/v9-i8-12","pdf_url":"https://ijefm.co.in/v9i8/Doc/12.pdf","source":{"id":"https://openalex.org/S4210230540","display_name":"Journal of Economics Finance and Management Studies","issn_l":"2644-0490","issn":["2644-0490","2644-0504"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Economics, Finance And Management Studies","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://ijefm.co.in/v9i8/Doc/12.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5146366497","display_name":"Ms. Ekta Masih","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I8977528","display_name":"Dr. Hari Singh Gour University","ror":"https://ror.org/01xapxe37","country_code":"IN","type":"education","lineage":["https://openalex.org/I8977528"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Ms. Ekta Masih","raw_affiliation_strings":["Research Scholar, Department of Commerce, Dr. Hari singh Gour University Sagar, A Central University (M.P.)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Research Scholar, Department of Commerce, Dr. Hari singh Gour University Sagar, A Central University (M.P.)","institution_ids":["https://openalex.org/I8977528"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5007308091","display_name":"D. K. Nema","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I8977528","display_name":"Dr. Hari Singh Gour University","ror":"https://ror.org/01xapxe37","country_code":"IN","type":"education","lineage":["https://openalex.org/I8977528"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Dr. D.K. Nema","raw_affiliation_strings":["Professor and Head, Department of Commerce, Dr. Hari singh Gour University Sagar, A Central University (M.P.)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Professor and Head, Department of Commerce, Dr. Hari singh Gour University Sagar, A Central University (M.P.)","institution_ids":["https://openalex.org/I8977528"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I8977528"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.57197595,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"09","issue":"08","first_page":"4123","last_page":"4129"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13042","display_name":"Economic and Fiscal Studies","score":0.0031999999191612005,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11461","display_name":"Local Government Finance and Decentralization","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/3320","display_name":"Political Science and International Relations"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fiscal-risk","display_name":"fiscal risk","score":0.9629999995231628},{"id":"https://openalex.org/keywords/fiscal-risk-management","display_name":"fiscal risk management","score":0.9760000109672546},{"id":"https://openalex.org/keywords/fiscal-discipline","display_name":"fiscal discipline","score":0.8240000009536743},{"id":"https://openalex.org/keywords/public-debt","display_name":"public debt","score":0.7129999995231628},{"id":"https://openalex.org/keywords/budget-deficit","display_name":"budget deficit","score":0.47600001096725464},{"id":"https://openalex.org/keywords/budget-projections","display_name":"budget estimates","score":0.8320000171661377},{"id":"https://openalex.org/keywords/public-expenditure","display_name":"government spending","score":0.5450000166893005},{"id":"https://openalex.org/keywords/fiscal-policy","display_name":"fiscal policy","score":0.5070000290870667},{"id":"https://openalex.org/keywords/best-practices","display_name":"best practices","score":0.5770000219345093}],"concepts":[{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.6388999819755554},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.6236000061035156},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.623199999332428},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5383999943733215},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.5365999937057495},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.5285999774932861},{"id":"https://openalex.org/C184356942","wikidata":"https://www.wikidata.org/wiki/Q830382","display_name":"Best practice","level":2,"score":0.5254999995231628},{"id":"https://openalex.org/C114708693","wikidata":"https://www.wikidata.org/wiki/Q651677","display_name":"Fiscal union","level":3,"score":0.5108000040054321},{"id":"https://openalex.org/C105639569","wikidata":"https://www.wikidata.org/wiki/Q582577","display_name":"Economic policy","level":1,"score":0.4494999945163727},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.42559999227523804},{"id":"https://openalex.org/C2779999868","wikidata":"https://www.wikidata.org/wiki/Q191891","display_name":"Fiscal year","level":2,"score":0.42410001158714294},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.40779998898506165},{"id":"https://openalex.org/C54879946","wikidata":"https://www.wikidata.org/wiki/Q475350","display_name":"Contingent liability","level":3,"score":0.40529999136924744},{"id":"https://openalex.org/C12017312","wikidata":"https://www.wikidata.org/wiki/Q3740872","display_name":"Fiscal federalism","level":3,"score":0.35510000586509705},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.353300005197525},{"id":"https://openalex.org/C202000216","wikidata":"https://www.wikidata.org/wiki/Q6743161","display_name":"Fiscal imbalance","level":4,"score":0.35249999165534973},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.3046000003814697},{"id":"https://openalex.org/C2776886223","wikidata":"https://www.wikidata.org/wiki/Q3558143","display_name":"Fiscal adjustment","level":3,"score":0.2906999886035919},{"id":"https://openalex.org/C178283979","wikidata":"https://www.wikidata.org/wiki/Q274490","display_name":"Public finance","level":2,"score":0.2865000069141388},{"id":"https://openalex.org/C2982805371","wikidata":"https://www.wikidata.org/wiki/Q104493","display_name":"Risk prevention","level":2,"score":0.27720001339912415},{"id":"https://openalex.org/C2776299755","wikidata":"https://www.wikidata.org/wiki/Q432449","display_name":"Carry (investment)","level":2,"score":0.26980000734329224}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.47191/jefms/v9-i8-12","doi":"https://doi.org/10.47191/jefms/v9-i8-12","is_oa":true,"landing_page_url":"https://doi.org/10.47191/jefms/v9-i8-12","pdf_url":"https://ijefm.co.in/v9i8/Doc/12.pdf","source":{"id":"https://openalex.org/S4210230540","display_name":"Journal of Economics Finance and Management Studies","issn_l":"2644-0490","issn":["2644-0490","2644-0504"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Economics, Finance And Management Studies","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.47191/jefms/v9-i8-12","doi":"https://doi.org/10.47191/jefms/v9-i8-12","is_oa":true,"landing_page_url":"https://doi.org/10.47191/jefms/v9-i8-12","pdf_url":"https://ijefm.co.in/v9i8/Doc/12.pdf","source":{"id":"https://openalex.org/S4210230540","display_name":"Journal of Economics Finance and Management Studies","issn_l":"2644-0490","issn":["2644-0490","2644-0504"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Economics, Finance And Management Studies","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.5473999977111816,"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7202097008.pdf","grobid_xml":"https://content.openalex.org/works/W7202097008.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3181308500","https://openalex.org/W4239309664","https://openalex.org/W4236631956","https://openalex.org/W4252747462","https://openalex.org/W4409167610","https://openalex.org/W1533556845","https://openalex.org/W4240829077","https://openalex.org/W3133964269","https://openalex.org/W2142166702","https://openalex.org/W3149034413"],"abstract_inverted_index":{"Fiscal":[0],"risk":[1,44,115,165],"is":[2,92],"the":[3,6,97,106],"situation":[4],"when":[5],"actual":[7],"fiscal":[8,16,43,102,114,128,164,170],"outputs":[9],"differ":[10],"considerably":[11],"from":[12,137],"budgeted":[13],"or":[14],"other":[15],"projections.":[17],"There":[18],"can":[19],"be":[20],"various":[21],"reasons":[22],"for":[23,55,70,122],"these":[24],"deviations.":[25],"For":[26,130],"example,":[27],"recent":[28],"war":[29],"between":[30],"America,":[31],"Israel":[32],"and":[33,57,68,81,85,99,116,142,145,162],"Iran":[34],"may":[35],"also":[36],"act":[37],"as":[38,45],"a":[39],"potential":[40],"source":[41],"of":[42,101,140],"it":[46],"will":[47],"put":[48],"additional":[49,75],"burden":[50],"on":[51,149],"governments":[52,156],"public":[53,79],"spendings":[54],"reconstruction":[56],"development.":[58],"According":[59],"to":[60,64,95,104,112,118,160,168],"IMF":[61,141],"report":[62],"failure":[63],"identify,":[65],"measure,":[66],"disclose":[67],"prepare":[69],"such":[71],"risks":[72],"has":[73],"caused":[74],"government":[76],"obligations,":[77],"larger":[78],"debts":[80],"occasionally":[82],"refinancing":[83],"difficulties":[84],"crises.":[86],"Considering":[87],"those":[88],"facts":[89],"this":[90,131,150],"study":[91,96,153],"an":[93],"attempt":[94],"concept":[98],"types":[100],"risk,":[103],"analyze":[105],"best":[107],"practices":[108],"adopted":[109],"by":[110],"countries":[111],"manage":[113,161],"finally":[117],"provide":[119],"some":[120],"recommendations":[121],"better":[123],"policy":[124],"making":[125],"in":[126,166],"managing":[127],"risk.":[129],"purpose,":[132],"secondary":[133],"data":[134],"was":[135],"collected":[136],"working":[138],"papers":[139,147],"world":[143],"bank":[144],"research":[146],"conducted":[148],"issue.":[151],"The":[152],"concludes":[154],"that":[155],"should":[157],"make":[158],"efforts":[159],"control":[163],"order":[167],"foster":[169],"discipline.":[171]},"counts_by_year":[],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2026-08-10T00:00:00"}