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In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers …. Sub-national governments have then to rely on transfers from the center and borrowing to finance their spending. When this … strengthened by ensuring that sub-national taxing powers are adequate to meet spending obligations. …
Persistent link: https://www.econbiz.de/10009327869
Fiscal Responsibility Laws (FRLs) appear to be more popular in middle-income countries than advanced countries, even though their success is limited. The reasons why few advanced countries have a FRL include: the existing legal framework for the budget system is adequate; supranational rules and...
Persistent link: https://www.econbiz.de/10008727812
governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization/governance … the relationship between decentralization and governance depends on how subnational expenditures are financed. The higher … stronger the association between decentralization and governance. …
Persistent link: https://www.econbiz.de/10005769179
empirical evidence about actual country practices. This paper presents data on fiscal decentralization for about 80 countries … for transition economies, the levels of decentralization are relatively stable over the time period. The findings are … factors identified in the literature as determining the extent of fiscal decentralization. …
Persistent link: https://www.econbiz.de/10009151217
A useful but little known feature of the IMF’s Government Finance Statistics Yearbook (GFSY) is the information on the structure of governments. Institutional tables, included in the GFSY, provide detail on the central, state, and local levels of governments, social security, and...
Persistent link: https://www.econbiz.de/10009151233
Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with … liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances …
Persistent link: https://www.econbiz.de/10009618582
There is a widespread presumption that decentralization improves public service provision. This has led to policy …
Persistent link: https://www.econbiz.de/10005248262
Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no...
Persistent link: https://www.econbiz.de/10005264111
account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better …This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into …
Persistent link: https://www.econbiz.de/10009654158
Intro -- Contents -- I. INTRODUCTION -- II. A BENCHMARK: PRINCIPLES OF DECENTRALIZATION REFORM -- III. UGANDA …'S DECENTRALIZATION PROCESS: THE INSTITUTIONS -- IV. SPECIFIC OUTCOMES IN SERVICE DELIVERY -- V. FINAL REMARKS -- References. …
Persistent link: https://www.econbiz.de/10013042569