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Municipal Pooled Financing of Infrastructure in the United States : Experience and Lessons
De Angelis, Michael A. - 2017
Despite a world awash with liquidity, large infrastructure supply gaps exist across developing and emerging markets. Infrastructure has been largely decentralized to subnational governments in many countries, and many policymakers are keenly interested in developing subnational bond markets to...
Persistent link: https://www.econbiz.de/10012945944
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Electoral Accountability, Fiscal Decentralization and Service Delivery in Indonesia
Skoufias, Emmanuel - 2017
This paper takes advantage of the exogenous phasing of direct elections in districts and applies the double difference estimator to: (i) measure impacts on the pattern of public spending and revenue generation at the district level; and (ii) investigate the heterogeneity of the impacts on public...
Persistent link: https://www.econbiz.de/10012976073
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Sequencing Fiscal Decentralization
Bahl, Roy W. - 2016
While there is extensive knowledge about how to design fiscal decentralization policies, considerably less is … understood about how a decentralization program should be sequenced and implemented. Countries embarking on decentralization … often struggle with decisions about the essential components of decentralization, including the order of an introduction of …
Persistent link: https://www.econbiz.de/10012748132
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Infrastructure for Growth and Human Development in Pakistan : A Simulation Analysis of Fiscal Policy Options
Kinnunen, Jouko - 2017
This paper explores the use of fiscal policy to accelerate development in Pakistan during the period 2013-2022, with a … final high-growth scenario explores requirements and consequences for Pakistan's economy if, during the period 2013-2022, it …
Persistent link: https://www.econbiz.de/10012974067
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Fiscal Management in Federal Democracies : Argentina and Brazil
Dillinger, William - 2017
spending for certain services. Second, after decentralization, the local or state government faces popular pressure to spend …
Persistent link: https://www.econbiz.de/10012971218
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Financing Infrastructure and Monitoring Fiscal Risks at the Subnational Level
Liu, Lili - 2017
This paper explores the building blocks of an institutional framework to govern borrowing by subnational entities to finance infrastructure investment. The framework should help in achieving sustainable financing of development needs and sound management of fiscal risks. Based on international...
Persistent link: https://www.econbiz.de/10012975236
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Laws for Fiscal Responsibility for Subnational Discipline : International Experience
Liu, Lili - 2017
Fiscal responsibility laws are institutions with which multiple governments in the same economy -- national and subnational --can commit to help avoid irresponsible fiscal behavior that could have short-term advantages to one of them but that would be collectively damaging. Coordination failures...
Persistent link: https://www.econbiz.de/10012976097
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Integrating Land Financing into Subnational Fiscal Management
Peterson, George E. - 2017
Land assets have become an important source of financing capital investments by subnational governments in developing countries. Land assets, often with billions of dollars per transaction, rival and sometimes surpass subnational borrowing or fiscal transfers for capital spending. While reducing...
Persistent link: https://www.econbiz.de/10012976386
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Fiscal Federalism in Bosnia-Herzegovina : The Dayton Challenge
Johnson, Noel D. - 2017
groups. Decentralization in this context is a means to lessen the points where disagreement exists, rather than a structure …
Persistent link: https://www.econbiz.de/10012746907
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Civil Service Recruitment in Comoros : A Case of Political Clientelism in a Decentralized State
Rose, Jonathan - 2017
Professional civil service recruitment is a core component of governance for development, as it is necessary for ensuring the capacity of civil servants, service delivery, fiscal sustainability, and proper salary management. Through an ambitious mixed method approach, this study seeks to provide...
Persistent link: https://www.econbiz.de/10012970919