Narrowing Vertical Fiscal Imbalances in Four European Countries /

This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved thr...

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Bibliografiske detaljer
Hovedforfatter: Karpowicz, Izabela
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2012.
Serier:IMF Working Papers; Working Paper ; No. 2012/091
Online adgang:Full text available on IMF