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With population ageing setting in sooner and more forcefully than in other OECD countries, Finland needs to reorder its … OECD Economic Survey of Finland (www.oecd.org/eco/surveys/finland) updating the Survey’s analysis by incorporating data for …
Persistent link: https://www.econbiz.de/10005045751
Finland is committed to high quality and extensive public services and a high level of income redistribution. The heavy … public services. This paper, one of a series of OECD reviews on public expenditure, looks at how Finland is coping with this … challenge. It concludes that the fundamental framework guiding public expenditure in Finland is sound. And, in many areas of …
Persistent link: https://www.econbiz.de/10005045665
Standard models of fiscal federalism suggest many benefits of decentralization in developing economies, and there has been a recent push toward decentralization around the world. However, developing countries presently still have less decentralization, particularly on the revenue side, than both...
Persistent link: https://www.econbiz.de/10010886216
Standard models of fiscal federalism suggest many benefits of decentralization in developing economies, and there has been a recent push toward decentralization around the world. However, developing countries presently still have less decentralization, particularly on the revenue side, than both...
Persistent link: https://www.econbiz.de/10010822001
Presents a complete and detailed constitutional framework applying the rational self-interest model and market mechanisms to intra and inter- governmental behaviour and collective decisions. In particular, the paper presents an enabling mechanism for the creation, adjustment and dissolution of...
Persistent link: https://www.econbiz.de/10005076593
Como parte de un trabajo más extenso sobre el gasto público nacional en la región Caribe y el ordenamiento territorial en el período 1995-20071, en este documento se analizan las asignaciones del presupuesto general de la nación para la inversión regionalizable, entre los años 1995-2007...
Persistent link: https://www.econbiz.de/10009225850
This paper sheds light on the heavy financial burden on peasants in China's fiscal decentralization system. Using a political economy framework, this paper explores the tax-farming nature of China's fiscally decentralized system and examines why the system incurs a particularly heavy financial...
Persistent link: https://www.econbiz.de/10009352240
This paper extends the Barro (1990) model with single aggregate government spending and one flat income tax to include public expenditures and taxes by multiple levels of government. It derives the rate of endogenous growth and, with both simulations and special examples, examines how that rate...
Persistent link: https://www.econbiz.de/10009358970
In this paper, we study the optimal choices of the federal income tax, federal transfers, and local taxes in a dynamic model of capital accumulation and with explicit gamestructure s among multipleprivateage nts, multiplelocal governments, and the federal government. In general, the optimal...
Persistent link: https://www.econbiz.de/10009207431
In about two decades, Spain was transformed from one of the most centralised countries to one of the most decentralised. Spending functions were devolved rapidly. The regions have exercised their discretionary powers quite extensively and innovative policies have been implemented. But devolution...
Persistent link: https://www.econbiz.de/10005045942