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Fiscal Federalism in Belgium: Main Challenges and Considerations for Reform

Leibfritz, Willi - Economics Department, Organisation de Coopération et … - 2009

The paper discusses the current state of fiscal relations across levels of government in Belgium and how it has developed over time. As the current system of fiscal federalism is creating imbalances between the federal and the sub-federal governments (vertical imbalance), and between sub-federal...

Persistent link: https://www.econbiz.de/10008498040

Ageing, Welfare Serviced and Municipalities in Finland

Lundsgaard, Jens - Economics Department, Organisation de Coopération et … - 2005

With population ageing setting in sooner and more forcefully than in other OECD countries, Finland needs to reorder its fiscal priorities so as to ensure fiscal sustainability. That will require considerable reform as public spending currently expands vigorously. While GDP growth has slowed from...

Persistent link: https://www.econbiz.de/10005045751

Getting the Most Out of Public-Sector Decentralisation in Korea

Jones, Randall S.; Yokoyama, Tadashi - Economics Department, Organisation de Coopération et … - 2005

This paper discusses policies to improve fiscal relations between levels of government to better meet the needs of citizens, an objective of the government’s “Roadmap for Decentralisation”. Although local government accounts for around half of total government spending, they have little...

Persistent link: https://www.econbiz.de/10005046229

Getting the Most Out of Public Sector Decentralisation in Japan

Joumard, Isabelle; Yokoyama, Tadashi - Economics Department, Organisation de Coopération et … - 2005

Revamping fiscal relations across levels of government is of paramount importance in supporting fiscal consolidation and public sector effectiveness. This paper analyses a number of problems, including regulations that limit local governments’ ability to innovate and respond to local...

Persistent link: https://www.econbiz.de/10005046267

Local Public Finances and Municipal Reform in Finland

André, Christophe; García, Clara - Economics Department, Organisation de Coopération et … - 2014

Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...

Persistent link: https://www.econbiz.de/10011276871

The System of Revenue Sharing and Fiscal Transfers in China

Wang, Xiao; Herd, Richard - Economics Department, Organisation de Coopération et … - 2013

The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...

Persistent link: https://www.econbiz.de/10011276970

Public Sector Spending Efficiency in Estonia: Healthcare and Local Government

Smidova, Zuzana - Economics Department, Organisation de Coopération et … - 2011

The Estonian fiscal position is much better than in many OECD countries, the country stands out for having a rather lean government sector and the authorities are striving for efficient use of existing resources. Both healthcare and local government were particularly hit the by the decrease of...

Persistent link: https://www.econbiz.de/10009358636

The Spending Power of Sub-Central Governments: A Pilot Study

Bach, Steffen; Blöchliger, Hansjörg; Wallau, Dominik - Economics Department, Organisation de Coopération et … - 2009

This pilot study presents indicators that assess sub-central government (SCG) spending power by policy area. Traditional indicators – such as the share of SCG in total government spending – are often misleading as they underestimate the impact of central government regulation on sub-central...

Persistent link: https://www.econbiz.de/10004963281

Public Spending in Italy: Policies to Enhance Its Effectiveness

Bibbee, Alexandra; Goglio, Alessandro - Economics Department, Organisation de Coopération et … - 2002

This paper aims to identify structural reforms for better public spending management in Italy –in turn a critical need in view of the country's high debt and tax burdens, notwithstanding significant progress in the past decade. The analysis proceeds on two distinct levels. At the central...

Persistent link: https://www.econbiz.de/10005046024

Prudential Regulation and Competition in Financial Markets

Ahrend, Rudiger; Arnold, Jens; Murtin, Fabrice - Economics Department, Organisation de Coopération et … - 2009

This paper examines how a range of stability-oriented regulatory policies for banking and insurance are related to … insurance sector. Despite incomplete information on some areas that turned out to be important in the context of the recent …-oriented regulatory policies and competition in banking and insurance.<P>Régulation prudentielle et concurrence sur les marchés financiers …

Persistent link: https://www.econbiz.de/10008498028