Fiscal Rules for Subnational Governments: Can They Promote Fiscal Discipline?

Experience indicates that fiscal rules can be helpful as a disciplinary device at the central government level. This article explores whether fiscal rules could be usefully adopted in a decentralised framework, where the behaviour of subnational governments may undermine fiscal discipline.

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Bibliographische Detailangaben
1. Verfasser: Ter-Minassian, Teresa (VerfasserIn)
Format: Elektronisch Artikel
Sprache:English
Veröffentlicht: Paris OECD Publishing 2007
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Zusammenfassung:Experience indicates that fiscal rules can be helpful as a disciplinary device at the central government level. This article explores whether fiscal rules could be usefully adopted in a decentralised framework, where the behaviour of subnational governments may undermine fiscal discipline.
Beschreibung:1 Online-Ressource (13 p.)
DOI:10.1787/budget-v6-art17-en

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