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This report was generated in the framework of consultations by the Subcommittee on Fiscal Imbalance of the House of Commons' Standing Committee on Finance. In the first instance, this study describes the various arguments used by the federal government and the provinces to substantiate or refute...
Persistent link: https://www.econbiz.de/10005100768
This report was generated in the framework of consultations by the Expert Panel on Equalization and Territorial Formula Financing. The study first presents a brief history of equalization and the evolution of its main parameters. The principal issues are discussed next, in particular the...
Persistent link: https://www.econbiz.de/10005100619
Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the sustainability of public finances. The Belgian strategy to prefund ageing costs by generating fiscal surpluses to bring down public debt was derailed by the global crisis. Restoring...
Persistent link: https://www.econbiz.de/10011276973
This paper analyses trends in and driving forces of the revenue composition of sub-central governments (SCG). Between 1995 and 2005 the share of SCG in total government spending increased from 31 to 33%, while the SCG tax share remained stable at around 17%, increasing SCG’s dependence on...
Persistent link: https://www.econbiz.de/10004963278
This pilot study presents indicators that assess sub-central government (SCG) spending power by policy area. Traditional indicators – such as the share of SCG in total government spending – are often misleading as they underestimate the impact of central government regulation on sub-central...
Persistent link: https://www.econbiz.de/10004963281
The world is recovering from the worst crisis since the Great Depression, leaving a strong and lasting impact on Member countries’ public finances. This paper analyses how sub-central governments (SCG) are affected and how fiscal policy has reacted in the first months after the outbreak of the...
Persistent link: https://www.econbiz.de/10008542504
Fiscal federalism can be an important complement to structural reforms and budget consolidation. Empowering sub national governments, while at the same time making them accountable to local citizens in the uses of tax money, could improve the allocation of public resources and promote catch up...
Persistent link: https://www.econbiz.de/10005046053
This paper analyses a survey undertaken by the polling firm CROP between the 20th and the 31st of January 2005. The 21 … various tax brackets. As well as analysing the survey results, the authors contribute to the debate by presenting additional … présente l'analyse des résultats d'un sondage réalisé par la firme CROP du 20 au 31 janvier 2005. Les 21 questions présentées …
Persistent link: https://www.econbiz.de/10005100869
strategy to meet these challenges. Based on a survey in three rural counties in the German state of Hesse, we present first …
Persistent link: https://www.econbiz.de/10011302449
intensified interregional competition and demographic change. We pro-vide first evidence on citizens' support for IMC using survey …
Persistent link: https://www.econbiz.de/10011573111