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This study is highly selective and organized into four thematic chapters. Specifically, chapter 1 provides a snapshot of Burundi’s political and macroeconomic context, and reviews the evolution of the decentralization process to better understand how institutional, political, and bureaucratic...
Persistent link: https://www.econbiz.de/10012564390
This report reviews two facets of decentralization currently engaging policy-makers: 1) the sources of financing under decentralization, and, 2) cross-cutting processes to strengthen the accountability of resource use. It does not assess whether decentralization is justified in the Philippines -...
Persistent link: https://www.econbiz.de/10012559360
"This paper discusses trends in fiscal adjustment in Brazil since the 1990s, with particular emphasis on the strengthening of institutions for fiscal policymaking, and its effect on local government finances and their ability to invest in infrastructure building and upgrading. Although fiscal...
Persistent link: https://www.econbiz.de/10010522248
"A resurgence of recent interest in fiscal federalism has been a source of concern among macroeconomic stabilization experts. They argue that a decentralized fiscal system poses a threat to macroeconomic stability as it is incompatible with prudent monetary and fiscal management. The author...
Persistent link: https://www.econbiz.de/10010522414
Fiscal consolidation remains the central challenge facing Honduras, mainly due to increasing current expenditures. The widening fiscal deficit has been driven by a significant increase in current expenditures. These increased current expenditures, which add rigidity to the budget, have occurred...
Persistent link: https://www.econbiz.de/10012560716
The main general objective of this study is to promote a deeper understanding of municipal finance in the West Bank and Gaza, including identification of the key issues that local governments currently face. The paper discusses the policy implications associated with its main findings as...
Persistent link: https://www.econbiz.de/10012550657
The main general objective of this study is to promote a deeper understanding of municipal finance in the West Bank and Gaza, including identification of the key issues that local governments currently face. The paper discusses the policy implications associated with its main findings as...
Persistent link: https://www.econbiz.de/10012550948
City local governments have been facing multiple challenges due to the COVID-19 pandemic to secure adequate financial resources for response and recovery. This report assesses the impact of the pandemic on local governments' financial situations through cross-country analysis and comparison....
Persistent link: https://www.econbiz.de/10013255013
"Without significant and lasting sociopolitical change, Chile is not expected to join the club of developed nations. The present essay contains a thorough examination of the subnational government reforms that are needed to increase efficiency in the provision of basic health, education,...
Persistent link: https://www.econbiz.de/10012245518
Since the establishment of Lithuania's independence, the country achieved substantial progress in transforming its local governments into independent units of Government: structural reforms to prod intergovernmental relations were made in 1994 and 1997, and will continue in 2002. Nevertheless,...
Persistent link: https://www.econbiz.de/10012558712