America's local governments spend about one-eighth of our national income, one-fourth of total government spending, and employ over 14 million people. This paper surveys the large and growing economics literature on local governments and their finances. A primary difference between local and...

The article systemates the main problems of regulations of expenses studies of low and method basis of the definition of efficiency of municipal administrative's work and the results of expenses municipal budgets. The necessity of the use of minimal social standards in the process of management...