Intergovernmental Relations and Fiscal Discipline : Between Commons and Soft Budget Constraints /

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 d...

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Hlavní autor: Pisauro, Guiseppe
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2001.
Edice:IMF Working Papers; Working Paper ; No. 2001/065
On-line přístup:Full text available on IMF