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Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
Persistent link: https://www.econbiz.de/10010375402
The paper discusses the reasons and possible resolutions of the contradictions in the Hungarian local government system, and proposes methods to resolve them. The nature of the Hungarian system cannot be described by classical normative theories of fiscal federalism. The operation of Hungarian...
Persistent link: https://www.econbiz.de/10013068773
Persistent link: https://www.econbiz.de/10012999256
There is a large literature on how the sharing of revenue between different levels of government and the design of intergovernmental transfer schemes affect sub-national finances. Using a panel of OECD countries during 1980-2005, this paper tests for: i) the presence of a stable long-run...
Persistent link: https://www.econbiz.de/10012445469
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
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
The paper reviews Bulgaria's inter-governmental finances and the process of fiscal decentralization during the early …
Persistent link: https://www.econbiz.de/10013074046
countries seeking EU membership had to meet, and as a prerequisite to the decentralization of their public sectors and public … finances. The selected decentralization problems are analyzed using the cases of two countries: Romania and Poland. The results … of a theoretical and practical evaluation of administrative capacity as a likely obstacle to fiscal decentralization are …
Persistent link: https://www.econbiz.de/10012417293
There is considerable regional variation in incomes and poverty in the Czech Republic and gaps have grown over time. With the highest number of municipalities per head in the OECD, subnational government is very fragmented and the resulting lack of capacity at the local level reduces the quality...
Persistent link: https://www.econbiz.de/10012421297
This paper examines the role of political alignment and the electoral business cycle on municipality revenues in Greece for the period 2003-2010. A panel dataset combining local and national elections with local budgets is used to run a fixed-effects econometric model. The findings suggest that...
Persistent link: https://www.econbiz.de/10012010194