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Fiscal Decentralization And Fiscal Policy Performance


Fiscal Decentralization And Fiscal Policy Performance
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Fiscal Decentralization And Fiscal Policy Performance


Fiscal Decentralization And Fiscal Policy Performance
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Author : Moussé Sow
language : en
Publisher: International Monetary Fund
Release Date : 2017-03-24

Fiscal Decentralization And Fiscal Policy Performance written by Moussé Sow and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-24 with Business & Economics categories.


This paper explores the impact of fiscal decentralization on fiscal policy performance in a large sample of advanced and developing economies. The findings suggest that a larger share of decentralized expenditure is associated with a stronger fiscal balance; however, fiscal decentralization can lead to more pro-cyclical fiscal policy. Thus, the design and pace of fiscal decentralization need to be tailored to the specificities of the economy. Countries that have already established strong accountablity and budget management capacity at the local level can benefit from fiscal decentralization. In contrast, in economies prone to large volatility from internal and external shocks, the central government may need to retain a sufficient share of expenditure and revenue to conduct counter-cyclical policies. Finally, the pace of expenditure and revenue decentralization should be aligned.



Fiscal Decentralization And Fiscal Policy Performance


Fiscal Decentralization And Fiscal Policy Performance
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Author : Moussé Sow
language : en
Publisher: International Monetary Fund
Release Date : 2017-03-24

Fiscal Decentralization And Fiscal Policy Performance written by Moussé Sow and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-24 with Business & Economics categories.


This paper explores the impact of fiscal decentralization on fiscal policy performance in a large sample of advanced and developing economies. The findings suggest that a larger share of decentralized expenditure is associated with a stronger fiscal balance; however, fiscal decentralization can lead to more pro-cyclical fiscal policy. Thus, the design and pace of fiscal decentralization need to be tailored to the specificities of the economy. Countries that have already established strong accountablity and budget management capacity at the local level can benefit from fiscal decentralization. In contrast, in economies prone to large volatility from internal and external shocks, the central government may need to retain a sufficient share of expenditure and revenue to conduct counter-cyclical policies. Finally, the pace of expenditure and revenue decentralization should be aligned.



Fiscal Decentralization And Fiscal Performance


Fiscal Decentralization And Fiscal Performance
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Author : Anwar Shah
language : en
Publisher: World Bank Publications
Release Date : 2005

Fiscal Decentralization And Fiscal Performance written by Anwar Shah and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Federal government categories.


Fiscal rules binding on all levels can help sustain political commitment in countries having coalitions or fragmented regimes in power. Coordinating institutions help in the use of moral suasion to encourage a coordinated response. Industrial countries' experiences also show that unilaterally imposed federal controls and constraints on subnational governments typically do not work. Instead, societal norms based on fiscal conservatism such as the Swiss referenda and political activism of the electorate play important roles. Ultimately capital markets and bond-rating agencies provide more effective discipline on fiscal policy. In this context, it is important not to backstop state and local debt and not to allow ownership of the banks by any level of government. Transparency of the budgetary process and institutions, accountability to the electorate, and general availability of comparative data encourages fiscal discipline.



Fiscal Decentralization And Local Finance In Developing Countries


Fiscal Decentralization And Local Finance In Developing Countries
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Author : Roy Bahl
language : en
Publisher: Edward Elgar Publishing
Release Date : 2018-03-30

Fiscal Decentralization And Local Finance In Developing Countries written by Roy Bahl and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-30 with Business & Economics categories.


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.



Fiscal Decentralization In Developing And Transition Economies


Fiscal Decentralization In Developing And Transition Economies
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Author : Anwar Shah
language : en
Publisher: World Bank Publications
Release Date : 2004

Fiscal Decentralization In Developing And Transition Economies written by Anwar Shah and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Decentralization in government categories.




Handbook Of Research On Global Challenges For Improving Public Services And Government Operations


Handbook Of Research On Global Challenges For Improving Public Services And Government Operations
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Author : Babaoğlu, Cenay
language : en
Publisher: IGI Global
Release Date : 2020-11-20

Handbook Of Research On Global Challenges For Improving Public Services And Government Operations written by Babaoğlu, Cenay and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-20 with Political Science categories.


As the field of public administration has been changing due to globalization, government reforms, and increasing governance practices within intergovernmental networks, research and teaching in public administration also adapted itself to these changes. Public policy research and instruction has become transformed and has diffused into other countries with the help of international organizations and other agents of change and transfer. Research in this field is seen as an opportunity for a definitive shift from traditional models of public administration in the sense that policies may be better designed, articulated, and governed through a collaborative approach, while service provision could be enhanced in terms of proximity, representativeness, and innovativeness. The Handbook of Research on Global Challenges for Improving Public Services and Government Operations provides comprehensive approaches to the study of public administration and public policy from a comparative perspective and includes sound theories and concepts for understanding opportunities and challenges governments face when seeking to improve public services and government operations. The book is a compilation of selective high-quality chapters covering cases, experiences, and practical recommendations on topics related to public administration, public policy, social policy, public management, and public affairs. This book is ideal for policymakers, students, and researchers in the field of public administration, public policy, governance, public management, public affairs, citizen engagement, and administrative sciences and management along with practitioners, stakeholders, and academicians interested in the best practices of various countries in public administration and policy.



Fiscal Decentralization Reforms


Fiscal Decentralization Reforms
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Author : Michal Plaček
language : en
Publisher: Springer Nature
Release Date : 2020-05-05

Fiscal Decentralization Reforms written by Michal Plaček and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-05 with Law categories.


This book examines the impacts of fiscal decentralization reforms on the efficiency of local governments in Central and Eastern European (CEE) countries. By offering a comparative perspective and by applying econometric methods and regression models, it analyses various reform trajectories and their effects on individual CEE countries. Furthermore, the book discusses input and output indicators for evaluating the efficiency of municipalities. Readers will learn about the common features of these countries, the impact of path dependence, and future prospects for decentralization reforms. In closing, the book discusses modern management and administration methods, opportunities for cooperation between municipalities, co-creative service delivery, and other measures that could improve the efficiency of public service provision.



Fiscal Decentralization And The Challenge Of Hard Budget Constraints


Fiscal Decentralization And The Challenge Of Hard Budget Constraints
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Author : Jonathan Rodden
language : en
Publisher: MIT Press
Release Date : 2003

Fiscal Decentralization And The Challenge Of Hard Budget Constraints written by Jonathan Rodden and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.


A multi-country study of the conditions under which decentralized countries might ensure fiscal discipline.



Fiscal Decentralization In Developing Countries


Fiscal Decentralization In Developing Countries
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Author : Richard M. Bird
language : en
Publisher: Cambridge University Press
Release Date : 2008-12-04

Fiscal Decentralization In Developing Countries written by Richard M. Bird and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-04 with Business & Economics categories.


Fiscal Decentralisation in Developing Countries features important, original and up-to-date research from leading scholars assessing fiscal decentralization in developing countries. It has rich and varied case-study material from countries as diverse as India, China, Colombia, Bosnia-Herzogovina and South Africa.