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Author : Jonathan Rodden,Gunnar S. Eskeland,Jennie Ilene Litvack
Publisher : MIT Press
Page : 502 pages
File Size : 52,7 Mb
Release : 2003
Category : Business & Economics
ISBN : 0262182297
A multi-country study of the conditions under which decentralized countries might ensure fiscal discipline.
Author : David E. Wildasin
Publisher : World Bank Publications
Page : 42 pages
File Size : 48,5 Mb
Release : 1997
Category : Bailouts (Government policy)
ISBN : 8210379456XXX
Author : Laura von Daniels
Publisher : Edward Elgar Publishing
Page : 221 pages
File Size : 47,8 Mb
Release : 2016-03-25
Category : Business & Economics
ISBN : 9781783475957
How can governments control spending pressure from influential groups, often representing powerful regional interests? This book is concerned with institutional solutions that allow modern nation states to balance historically grown cultural, political and economic diversity. Laura von Daniels combines different literatures in economics and political science, and draws on interviews with former government leaders, and country experts from international organizations. She applies this research to topics such as fiscal institutions and budget balances, presenting a critical review of different institutional approaches to resolving fiscal imbalances and public indebtedness. Students and scholars of various disciplines, including politics, public and social policy, economics and business will find the discussions and detailed description of institutional reforms in emerging market nations to be of use to their research. It will also be of interest to practitioners working on fiscal decentralization and budget control.
Author : Era Dabla-Norris,Paul Wade
Publisher : International Monetary Fund
Page : 50 pages
File Size : 47,9 Mb
Release : 2002-06
Category : Business & Economics
ISBN : UCSD:31822031522253
This paper examines key aspects of the ongoing decentralization process in transition economies and identifies areas where the present systems can have potentially adverse impacts on both service delivery and macroeconomic performance. We discuss three critical principles of a sound and efficient decentralized fiscal system-and then show the contrasts between these and actual trends and policies in transition countries.
Author : Guiseppe Pisauro
Publisher : INTERNATIONAL MONETARY FUND
Page : 30 pages
File Size : 41,6 Mb
Release : 2001-05-01
Category : Electronic
ISBN : 1451848684
Fiscal decentralization is likely to entail a bias in the budget process toward higher public expenses and deficits. The paper reviews lessons drawn from the theoretical literature and international experience on the design of intergovernmental relations. The institutional setup should address the dual problem of "common tax resources" and "soft" budget constraints, where policies devised to correct one problem may exacerbate the other. An approach based on full tax autonomy of lower-tier governments and reliance on market discipline, not supplemented by self-imposed constitutional limits, is not advisable. More effective seems to be a cooperative approach with some preeminence granted to the central government.
Author : Roy Bahl,Richard M. Bird
Publisher : Edward Elgar Publishing
Page : 512 pages
File Size : 54,9 Mb
Release : 2018-03-30
Category : Business & Economics
ISBN : 9781786435309
This book draws on experiences in developing countries to bridge the gap between the conventional textbook treatment of fiscal decentralization and the actual practice of subnational government finance. The extensive literature about the theory and practice is surveyed and longstanding problems and new questions are addressed. It focuses on the key choices that must be made in decentralizing, on how economic and political factors shape the choices that countries make, and on how, by paying more attention to the need for a more comprehensive approach and the critical connections between different components of decentralization reform, everyone involved might get more for their money.
Author : Jonathan Rodden
Publisher : Unknown
Page : 344 pages
File Size : 45,9 Mb
Release : 2006
Category : Business & Economics
ISBN : STANFORD:36105114589414
As new federations take shape and old ones are revived around the world, a difficult challenge is to create incentives for fiscal discipline. By combining theory, quantitative analysis, and historical and contemporary case studies, this book lays out the first systematic explanation of why decentralized countries have had dramatically different fiscal experiences. It provides insights into current policy debates from Latin America to the European Union, and a new perspective on a tension between the promise and peril of federalism that has characterized the literature since The Federalist Papers.
Author : Robin W. Boadway,Anwar Shah
Publisher : World Bank Publications
Page : 624 pages
File Size : 40,5 Mb
Release : 2007
Category : Political Science
ISBN : 9780821364932
The design of intergovernmental fiscal transfers has a strong bearing on efficiency and equity of public service provision and accountable local governance. This book provides a comprehensive one-stop window/source of materials to guide practitioners and scholars on design and worldwide practices in intergovernmental fiscal transfers and their implications for efficiency, and equity in public services provision as well as accountable governance.
Author : Nobuki Mochida
Publisher : Routledge
Page : 232 pages
File Size : 40,5 Mb
Release : 2008-06-26
Category : Business & Economics
ISBN : 9781134074037
The intergovernmental fiscal issue is highly relevant given the worldwide movement toward more decentralized governance in both industrial and developing countries. Over the course of five decades Japan has developed a robust system of decentralized governance. This book investigates fiscal decentralization and local finance in Japan with a view to understanding how the process of decentralization has unfolded there and what the rest of the world can learn. The author sheds light on the drives leading up to a need for decentralization reform over the last decade and evaluates so-called ‘Trinity Reform’ implemented by the Koizumi administration during 2004-2006. Finally, the book considers the decentralization process in Asian developing countries and discusses what lessons might be drawn from Japanese experiences. This excellent study of an important subject area will be particularly useful for all those studying intergovernmental fiscal relations, public finance and public sector economics. It will also be of interest to specialist international organizations and policy makers who are involved in intergovernmental issues.
Author : David E. Wildasin
Publisher : Cambridge University Press
Page : 240 pages
File Size : 49,7 Mb
Release : 1997-10-13
Category : Business & Economics
ISBN : 0521563828
These essays on the economics of fiscal federalism contains original research by experts in North America and Europe on a timely topic. Reform of fiscal relations between central and subnational governments is an urgent priority in many countries since increased economic integration within and among countries means that goods, services, capital, and human resources can flow across political boundaries more easily than before. The structure of intergovernmental transfers, tax competition, and the fiscal implications of labor migration are analyzed for audiences in economics, political science, and public policy.
Author : Mr.Ashoka Mody,Mr.Alessandro Rebucci
Publisher : International Monetary Fund
Page : 184 pages
File Size : 44,8 Mb
Release : 2006-04-03
Category : Business & Economics
ISBN : 1589063619
Research work by the IMF’s staff on the effectiveness of the country programs the organization supports, which has long been carried out, has intensified in recent years. IMF analysts have sought to “open up the black box” by more closely examining program design and implementation, as well as how these influence programs’ effectiveness. Their efforts have also focused on identifying the lending, signaling, and monitoring features of the IMF that may affect member countries’ economic performance. This book reports on a large portion of both the new and the continuing research. It concludes that IMF programs work best where domestic politics and institutions permit the timely implementation of the necessary measures and when a country is vulnerable to, but not yet in, a crisis. It points to the need for a wider recognition of the substantial diversity among IMF member countries and for programs to be tailored accordingly while broadly maintaining the IMF’s general principle of uniformity of treatment.
Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 183 pages
File Size : 55,8 Mb
Release : 2006-12-15
Category : Business & Economics
ISBN : 9781589065819
This is the final issue for 2006 (Volume 53), and contains another paper in the occasional Special Data Section that seeks to measure financial development in the Middle East and North Africa by utilizing a new database. The issue also contains a comment from Jacques J. Polak on parity reversion in real exchange rates.
Author : Paul J. Smoke,Eduardo J. G¢mez,George E. Peterson
Publisher : Edward Elgar Publishing
Page : 408 pages
File Size : 55,8 Mb
Release : 2006-11-28
Category : Political Science
ISBN : 178195626X
Public sector decentralization has emerged prominently in many Asian and Latin American countries as a strategy to promote development and political reform. Results in both cases have been mixed. Despite broad similarities in intent and outcome, contextual differences between the regions have led to striking differences in the way decentralization has been structured and implemented. This volume takes an atypically historical and interdisciplinary perspective on decentralization, highlighting how fiscal and political forces together have been shaping its evolution in the two regions.
Author : Peter Friedrich
Publisher : Unknown
Page : 262 pages
File Size : 55,8 Mb
Release : 2004
Category : Electronic
ISBN : 3830507208
Author : Bernard Dafflon
Publisher : Edward Elgar Publishing
Page : 320 pages
File Size : 45,5 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 1782541799
'...the book contains a good deal of useful information about local government finance in Europe.' - John Fender, Local Government Studies '...I would like to thank you for publishing the great book Local Public Finance in Europe. It is a rare source of institutional information and also great insights on the subject.' - Andrey Timofeev, Georgia State University, US 'In respect of the hard budget constraint imposed by the stability pact for Maastricht...and the fact that European central governments can no longer bail out sub-federal obligations for more than 3% deficit to GNP annually and 60% debt to GDP...the volume edited by B. Dafflon is important and highly welcome.... Insofar, it represents an interesting and important milestone in the evaluation of the success of local budget rules in European countries.' - C.A. Schaltegger, Kyklos Most countries apply some form of restrictions to local government budgeting and borrowing, but in various forms and to varying degrees. These restrictions are considered necessary components of a fiscal federalism involving some sort of central government control in local affairs, a design which can be termed 'administrative federalism'. In this comprehensive book Bernard Dafflon introduces the reader to the institutional complexities of fiscal controls in European local public finance. The authors comprehensively explore the issues of government budgeting and borrowing, with the ultimate aim of understanding how mechanisms of fiscal discipline are established and function. Ten European countries are scrutinised on the basis of ten key issues including local budgetary policy-making, the policy effects of local budget deficits and public debt, the rules of amortisation and debt instalment, whether extensive fiscal controls promote budget accountability and discipline, and how the Maastricht criteria concerning deficit and debt can be implemented. They go on to highlight the complicated mix of rules, administrative routines and co-operative arrangements through which each country implements their individual budget controls. Although these arrangements have been successful in avoiding serious fiscal imbalance in the last twenty years, the authors argue that their impact on the broader goals of the government sector remains a more contentious question. This book offers a broad understanding of the rich institutional variations and elaborate fiscal designs in Europe from a comparative perspective. It will be welcomed by political scientists, public sector managers and economists, and scholars, practitioners and advanced students of public policy and fiscal studies.