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) provides little evidence that budget constraints at the cantonal level affect municipal finances and fiscal decentralization …
Persistent link: https://www.econbiz.de/10010424734
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel … data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels …. Results for 185 countries show that while tax decentralization often hampers the degree of fiscal responsiveness, potentially …
Persistent link: https://www.econbiz.de/10014543839
stability and sustainability at both the central and local government levels. Based upon the evidence on the decentralization …
Persistent link: https://www.econbiz.de/10011561683
Fiscal decentralization and intergovernmental fiscal relations reform have become nearly ubiquitous in developing …
Persistent link: https://www.econbiz.de/10011561696
Since 1975, Viet Nam has gradually decentralized more fiscal responsibilities to local authorities. This study has two objectives: (i) to take stock of the current institutional framework for intergovernmental fiscal relations in Viet Nam, and (ii) to empirically assess the debt sustainability...
Persistent link: https://www.econbiz.de/10011561785
evidence that budget constraints at the cantonal level affect average municipal finances and fiscal decentralization. …
Persistent link: https://www.econbiz.de/10011410014
decentralization systems by examining the sequencing and economic principles underlying revenue and expenditure assignments, the use of …
Persistent link: https://www.econbiz.de/10012895109
Since 1975, Viet Nam has gradually decentralized more fiscal responsibilities to local authorities. This study has two objectives: (i) to take stock of the current institutional framework for intergovernmental fiscal relations in Viet Nam, and (ii) to empirically assess the debt sustainability...
Persistent link: https://www.econbiz.de/10012966464
economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra …
Persistent link: https://www.econbiz.de/10014084854
We evaluate the effect of relaxing fiscal rules on policy outcomes applying a quasi-experimental research design. In 1999, the Italian central government introduced fiscal rules aimed at imposing fiscal discipline on municipal governments, and in 2001 the rules were relaxed for municipalities...
Persistent link: https://www.econbiz.de/10010289910