Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress:
The paper explores interrelations between the fiscal situation of sub-national and central governments, or - put differently - whether and how sub-national and central governments contribute to each other's fiscal difficulties. The first part of the paper examines sub-national government polici...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2013
|
| Schriftenreihe: | OECD Regional Development Working Papers
no.2013/05 |
| Schlagworte: | |
| Online-Zugang: | DE-862 DE-863 |
| Zusammenfassung: | The paper explores interrelations between the fiscal situation of sub-national and central governments, or - put differently - whether and how sub-national and central governments contribute to each other's fiscal difficulties. The first part of the paper examines sub-national government policies that may negatively affect the fiscal situation of the central government. Based on a new cross-country data-set at the level of individual regions, it examines structural factors that increase the probability of sub-national entities accumulating amounts of debt that may ultimately turn out to be unsustainable. The underlying idea is to explore to what degree such debt levels could result from moral hazard-driven behaviour at the regional level. The second part of the paper examines whether and how national governments hand the burden of fiscal adjustment down to sub-national levels, mainly looking at examples from the wave of fiscal adjustments in the wake of the 2007-09 global financial crisis. |
| Beschreibung: | 1 Online-Ressource (33 Seiten) 21 x 29.7cm. |
Internformat
MARC
| LEADER | 00000cam a22000002 4500 | ||
|---|---|---|---|
| 001 | ZDB-13-SOC-061270911 | ||
| 003 | DE-627-1 | ||
| 005 | 20241028114225.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 210204s2013 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1787/5k49df1kr95l-en |2 doi | |
| 035 | |a (DE-627-1)061270911 | ||
| 035 | |a (DE-599)KEP061270911 | ||
| 035 | |a (FR-PaOEC)5k49df1kr95l-en | ||
| 035 | |a (DE-627-1)061270911 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a H74 |2 jelc | ||
| 084 | |a H70 |2 jelc | ||
| 084 | |a H81 |2 jelc | ||
| 084 | |a H12 |2 jelc | ||
| 100 | 1 | |a Ahrend, Rudiger |e VerfasserIn |4 aut | |
| 245 | 1 | 0 | |a Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress |c Rudiger, Ahrend, Marta, Curto-Grau and Camila, Vammalle |
| 264 | 1 | |a Paris |b OECD Publishing |c 2013 | |
| 300 | |a 1 Online-Ressource (33 Seiten) |c 21 x 29.7cm. | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Regional Development Working Papers |v no.2013/05 | |
| 520 | |a The paper explores interrelations between the fiscal situation of sub-national and central governments, or - put differently - whether and how sub-national and central governments contribute to each other's fiscal difficulties. The first part of the paper examines sub-national government policies that may negatively affect the fiscal situation of the central government. Based on a new cross-country data-set at the level of individual regions, it examines structural factors that increase the probability of sub-national entities accumulating amounts of debt that may ultimately turn out to be unsustainable. The underlying idea is to explore to what degree such debt levels could result from moral hazard-driven behaviour at the regional level. The second part of the paper examines whether and how national governments hand the burden of fiscal adjustment down to sub-national levels, mainly looking at examples from the wave of fiscal adjustments in the wake of the 2007-09 global financial crisis. | ||
| 650 | 4 | |a Governance | |
| 650 | 4 | |a Urban, Rural and Regional Development | |
| 700 | 1 | |a Curto-Grau, Marta |e MitwirkendeR |4 ctb | |
| 700 | 1 | |a Vammalle, Camila |e MitwirkendeR |4 ctb | |
| 966 | 4 | 0 | |l DE-862 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/5k49df1kr95l-en |m X:OECD |x Resolving-System |z lizenzpflichtig |3 Volltext |
| 966 | 4 | 0 | |l DE-863 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/5k49df1kr95l-en |m X:OECD |x Resolving-System |z lizenzpflichtig |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 912 | |a ZDB-13-SOC-ebook | ||
| 912 | |a ZDB-13-SOC | ||
| 951 | |a BO | ||
| 912 | |a ZDB-13-SOC | ||
| 049 | |a DE-862 | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-13-SOC-061270911 |
|---|---|
| _version_ | 1826942527238832128 |
| adam_text | |
| any_adam_object | |
| author | Ahrend, Rudiger |
| author2 | Curto-Grau, Marta Vammalle, Camila |
| author2_role | ctb ctb |
| author2_variant | m c g mcg c v cv |
| author_facet | Ahrend, Rudiger Curto-Grau, Marta Vammalle, Camila |
| author_role | aut |
| author_sort | Ahrend, Rudiger |
| author_variant | r a ra |
| building | Verbundindex |
| bvnumber | localFWS |
| collection | ZDB-13-SOC ZDB-13-SOC-ebook |
| ctrlnum | (DE-627-1)061270911 (DE-599)KEP061270911 (FR-PaOEC)5k49df1kr95l-en |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02461cam a22004332 4500</leader><controlfield tag="001">ZDB-13-SOC-061270911</controlfield><controlfield tag="003">DE-627-1</controlfield><controlfield tag="005">20241028114225.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">210204s2013 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5k49df1kr95l-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061270911</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP061270911</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(FR-PaOEC)5k49df1kr95l-en</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061270911</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H74</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H70</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H81</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H12</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Ahrend, Rudiger</subfield><subfield code="e">VerfasserIn</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress</subfield><subfield code="c">Rudiger, Ahrend, Marta, Curto-Grau and Camila, Vammalle</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2013</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (33 Seiten)</subfield><subfield code="c">21 x 29.7cm.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Regional Development Working Papers</subfield><subfield code="v">no.2013/05</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The paper explores interrelations between the fiscal situation of sub-national and central governments, or - put differently - whether and how sub-national and central governments contribute to each other's fiscal difficulties. The first part of the paper examines sub-national government policies that may negatively affect the fiscal situation of the central government. Based on a new cross-country data-set at the level of individual regions, it examines structural factors that increase the probability of sub-national entities accumulating amounts of debt that may ultimately turn out to be unsustainable. The underlying idea is to explore to what degree such debt levels could result from moral hazard-driven behaviour at the regional level. The second part of the paper examines whether and how national governments hand the burden of fiscal adjustment down to sub-national levels, mainly looking at examples from the wave of fiscal adjustments in the wake of the 2007-09 global financial crisis.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Governance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Urban, Rural and Regional Development</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Curto-Grau, Marta</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Vammalle, Camila</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="966" ind1="4" ind2="0"><subfield code="l">DE-862</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/5k49df1kr95l-en</subfield><subfield code="m">X:OECD</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">lizenzpflichtig</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="4" ind2="0"><subfield code="l">DE-863</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/5k49df1kr95l-en</subfield><subfield code="m">X:OECD</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">lizenzpflichtig</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC-ebook</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">BO</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-862</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-13-SOC-061270911 |
| illustrated | Not Illustrated |
| indexdate | 2025-03-18T14:29:25Z |
| institution | BVB |
| language | English |
| open_access_boolean | |
| owner | DE-862 DE-BY-FWS DE-863 DE-BY-FWS |
| owner_facet | DE-862 DE-BY-FWS DE-863 DE-BY-FWS |
| physical | 1 Online-Ressource (33 Seiten) 21 x 29.7cm. |
| psigel | ZDB-13-SOC FWS_PDA_SOC ZDB-13-SOC ZDB-13-SOC-ebook |
| publishDate | 2013 |
| publishDateSearch | 2013 |
| publishDateSort | 2013 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Regional Development Working Papers |
| spelling | Ahrend, Rudiger VerfasserIn aut Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress Rudiger, Ahrend, Marta, Curto-Grau and Camila, Vammalle Paris OECD Publishing 2013 1 Online-Ressource (33 Seiten) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Regional Development Working Papers no.2013/05 The paper explores interrelations between the fiscal situation of sub-national and central governments, or - put differently - whether and how sub-national and central governments contribute to each other's fiscal difficulties. The first part of the paper examines sub-national government policies that may negatively affect the fiscal situation of the central government. Based on a new cross-country data-set at the level of individual regions, it examines structural factors that increase the probability of sub-national entities accumulating amounts of debt that may ultimately turn out to be unsustainable. The underlying idea is to explore to what degree such debt levels could result from moral hazard-driven behaviour at the regional level. The second part of the paper examines whether and how national governments hand the burden of fiscal adjustment down to sub-national levels, mainly looking at examples from the wave of fiscal adjustments in the wake of the 2007-09 global financial crisis. Governance Urban, Rural and Regional Development Curto-Grau, Marta MitwirkendeR ctb Vammalle, Camila MitwirkendeR ctb |
| spellingShingle | Ahrend, Rudiger Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress Governance Urban, Rural and Regional Development |
| title | Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress |
| title_auth | Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress |
| title_exact_search | Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress |
| title_full | Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress Rudiger, Ahrend, Marta, Curto-Grau and Camila, Vammalle |
| title_fullStr | Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress Rudiger, Ahrend, Marta, Curto-Grau and Camila, Vammalle |
| title_full_unstemmed | Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress Rudiger, Ahrend, Marta, Curto-Grau and Camila, Vammalle |
| title_short | Passing the Buck? Central and Sub-national Governments in Times of Fiscal Stress |
| title_sort | passing the buck central and sub national governments in times of fiscal stress |
| topic | Governance Urban, Rural and Regional Development |
| topic_facet | Governance Urban, Rural and Regional Development |
| work_keys_str_mv | AT ahrendrudiger passingthebuckcentralandsubnationalgovernmentsintimesoffiscalstress AT curtograumarta passingthebuckcentralandsubnationalgovernmentsintimesoffiscalstress AT vammallecamila passingthebuckcentralandsubnationalgovernmentsintimesoffiscalstress |