The Impact of Public Governance on Fiscal Pressure in Selected Emerging Countries

Abstract

The purpose of our article is to assess the effect of diverse indicators pertaining to government quality and risk on fiscal pressure. The analysis focuses on 14 emerging countries in the European Union from 2002 to 2020. The results reveal that public governance indicators account for 51 percent of the variance in fiscal pressure, with the quality of regulations, corruption, and rule of law indicators having the most significant impact. This empirical study addresses an essential concern for policymakers, specifically the quality of public governance and its subsequent influence on fiscal pressure, with direct repercussions on the lives of citizens.