Verfügbarkeit: Decentralizing Spending More Than Revenue

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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1. Verfasser:	Eyraud, Luc (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2011
Schriftenreihe:	IMF Working Papers Working Paper No. 11/226
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	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 increase. This result is based on cross-country econometric evidence from OECD countries, and is particularly strong in the presence of regional disparities. Fiscal discipline can be strengthened by ensuring that sub-national taxing powers are adequate to meet spending obligations
Beschreibung:	1 Online-Ressource (33 p)
ISBN:	1463904940 9781463904944

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spelling	Eyraud, Luc Verfasser aut Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance? Eyraud, Luc Washington, D.C International Monetary Fund 2011 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/226 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 increase. This result is based on cross-country econometric evidence from OECD countries, and is particularly strong in the presence of regional disparities. Fiscal discipline can be strengthened by ensuring that sub-national taxing powers are adequate to meet spending obligations Online-Ausg Lusinyan, Lusine Sonstige oth http://elibrary.imf.org/view/IMF001/12214-9781463904944/12214-9781463904944/12214-9781463904944.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Eyraud, Luc Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance?
title	Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance?
title_auth	Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance?
title_exact_search	Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance?
title_exact_search_txtP	Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance?
title_full	Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance? Eyraud, Luc
title_fullStr	Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance? Eyraud, Luc
title_full_unstemmed	Decentralizing Spending More Than Revenue Does it Hurt Fiscal Performance? Eyraud, Luc
title_short	Decentralizing Spending More Than Revenue
title_sort	decentralizing spending more than revenue does it hurt fiscal performance
title_sub	Does it Hurt Fiscal Performance?
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