Fiscal Performance, Institutional Design and Decentralization in European Union Countries /

This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better fiscal performance, especially when transfer dependency of sub...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Eyraud, Luc
Tác giả khác: Escolano, Julio, Moreno Badia, Marialuz, Tuladhar, Anita
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2012.
Loạt:IMF Working Papers; Working Paper ; No. 2012/045
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into account fiscal institutional arrangements. We find that spending decentralization has been associated with sizably better fiscal performance, especially when transfer dependency of subnational governments is low. However, subnational fiscal rules do not seem to be associated with better performance.
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Mô tả vật lý:1 online resource (32 pages)
Định dạng:Mode of access: Internet
số ISSN:1018-5941
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students