Decentralizing Spending More Than Revenue : Does it Hurt Fiscal Performance? /

In many countries the decentralization of spending responsibilities has outpaced the decentralization of revenue powers. Sub-national governments have then to rely on transfers from the center and borrowing to finance their spending. When this occurs, we find that the overall fiscal deficit tends to...

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Bibliografski detalji
Glavni autor: Eyraud, Luc
Daljnji autori: Lusinyan, Lusine
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2011.
Serija:IMF Working Papers; Working Paper ; No. 2011/226
Online pristup:Full text available on IMF