Showing 1 - 10 of 23,456
Austria’s federal system comprises the federal government and nine provinces (Länder). The federal system is rather centralized by international standards, with the federal government (including social security funds) accounting for about 70 percent of general government spending, the...
Persistent link: https://www.econbiz.de/10011244961
The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws …, and discusses the key factors that help make decentralization sustainable, efficient, and equitable from a macroeconomic …
Persistent link: https://www.econbiz.de/10011245906
This report provides an assessment of fiscal transparency practices in Guatemala in light of the requirements of the IMF Code of Good Practices on Fiscal Transparency. The assessment reveals that Guatemala has progressed in certain important aspects of fiscal transparency. A variety of measures...
Persistent link: https://www.econbiz.de/10005825147
Argentina has committed itself to a reform of its revenue-sharing system. This paper examines this system and the issues involved in its redesign, and discusses the pros and cons of various options with a view to specifying a preferred approach.
Persistent link: https://www.econbiz.de/10005826288
recent constitutional reform has strengthened the decentralization process, but key fiscal aspects have yet to be defined …
Persistent link: https://www.econbiz.de/10005768381
This report on the Russian Federation’s Observance of Standards and Codes reports on the fiscal transparency module. Russia has achieved considerable progress in fiscal transparency and financial management since 1999, although a number of important reforms remain to be undertaken. The...
Persistent link: https://www.econbiz.de/10005768394
This report examines the Observance of Standards and Codes on Fiscal Transparency for Spain. The assessment reveals that over the last several years, Spain has made major progress not only in macroeconomic and fiscal adjustment, but also in modernizing and strengthening its fiscal institutions...
Persistent link: https://www.econbiz.de/10005591543
Fiscal decentralization is likely to entail a bias in the budget process toward higher public expenses and deficits …
Persistent link: https://www.econbiz.de/10005599749
This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved...
Persistent link: https://www.econbiz.de/10010790291
resist reforms, policies, rules and laws. China’s reform trajectories have been shaped by regional decentralization …China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper …
Persistent link: https://www.econbiz.de/10008468688