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Scandinavian countries are often portrayed in policy debates as model examples having shown how to square concerns for efficiency and equity. The core principle of the Scandinavian welfare model is an individual entitlement to public sector provisions combined with collective financing via...
Persistent link: https://www.econbiz.de/10012777727
By discussing the available theoretical and empirical literature, this paper argues that budget procedures and budget … institutions do influence budget outcomes. Budget institutions include both procedural rules and balanced budget laws. We …
Persistent link: https://www.econbiz.de/10012782047
This paper traces the evolution of the concept of the cyclically adjusted budget from the 1930s to the present. The … idea of balancing the budget over the cycle was first conceived in Sweden in the 1930s by the economists of the Stockholm …
Persistent link: https://www.econbiz.de/10012970752
This paper estimates the effects of fiscal stimulus on economic activity using a novel database on large fiscal expansions for 17 OECD countries for the period 1960–2006. The database is constructed by combining the statistical approach to identifying large shifts in fiscal policy with...
Persistent link: https://www.econbiz.de/10012865948
research is how is the ability of Regional Expenditure Budget to finance the development of the economy in Jakarta Indonesia …This study aims to obtain input, and is expected to give more value to the activities of budget planning and … development spending in the Province of Jakarta Indonesia. In detail the purpose of this study is to provide recommendations for …
Persistent link: https://www.econbiz.de/10012924352
On July 1, 2013, Croatia became the 28th member of the European Union. This achievement crowned more than a decade of macroeconomic and institutional reforms by the Croatian authorities and other stakeholders that yielded important development results. Croatia's institutions are now stronger...
Persistent link: https://www.econbiz.de/10013030947
that budget referendums reduce the extent to which pro-centralization regions can commit to a low level of spending … federalism in which centralization is less likely to occur where budget referendums are possible. The reason for this result is …
Persistent link: https://www.econbiz.de/10011408427
This Article constructs frameworks for analyzing federalism's undertheorized horizontal dimension. Discussions of federalism generally focus on the hierarchical (or vertical) allocation of power between the national and state governments while overlooking the horizontal allocation of power among...
Persistent link: https://www.econbiz.de/10014214954
Between 1990 and 1994, the average size of the public sector in the Caribbean was just 16 percent of GDP, in the five years hence, the ratio has climbed and currently stands at 22 percent of GDP. While an expansion in the size of government usually results in the greater provision of services,...
Persistent link: https://www.econbiz.de/10014215663
jurisdictions with referendum decisions on policy centralization. Citizens choose centralization of public spending and revenue in …
Persistent link: https://www.econbiz.de/10014062973