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decentralization measured as fiscal and spending autonomy does seem to reduce corruption. This latter effect is reinforced if fiscal … government fragmentation a more effective way to deter corruption? Is there any evidence that these alternative ways to enhance … government fragmentation and fiscal decentralization for a panel of 23 countries in the 1995-2007 time interval. Taken separately …
Persistent link: https://www.econbiz.de/10011213460
Persistent link: https://www.econbiz.de/10005037378
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
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
In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers …
Persistent link: https://www.econbiz.de/10009327869
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
Albania has made much progress in recent years in improving fiscal transparency and meets the standards of the fiscal transparency code in several areas. However, shortcomings exist in the transparency of tax laws and instructions, and in budget preparation and the quality of budget documents....
Persistent link: https://www.econbiz.de/10005598928
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
Persistent link: https://www.econbiz.de/10005037337