Download or read book Fiscal Federalism 2022 Making Decentralisation Work written by OECD and published by OECD Publishing. This book was released on 2021-12-20 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal Federalism 2022 surveys recent trends and policies in intergovernmental fiscal relations and subnational government. Accessible and easy-to-read chapters provide insight into: good practices in fiscal federalism; the design of fiscal equalisation systems; measuring subnational tax and spending autonomy; promoting public sector performance across levels of government; digitalisation challenges and opportunities; the role of subnational accounting and insolvency frameworks; funding and financing of local government public investment; and early lessons from the COVID-19 crisis for intergovernmental fiscal relations.
Download or read book Fiscal Federalism and Fiscal Decentralization in Europe written by Stefan August Lütgenau and published by Studien Verlag, Austria. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal federalism and fiscal decentralization are the main pillars of federal and decentralized systems. Although there are comparable problems, competences and designs of these systems vary significantly. Furthermore, the systems are faced with pressure to justify and to reform due to the financial and debt crisis. In this volume, leading regional and financial experts discuss different approaches and strategies of shaping and reforming fiscal federalism and fiscal decentralization in Austria, Italy, Spain, and the United Kingdom. The situation in each country is analyzed and compared. The content of this volume includes designs of decentralized financial systems, consequences of changing governments on the systems, and repercussions of the financial and debt crisis on politics. Also addressed are abilities to reform the main areas of the systems.
Download or read book Fiscal Federalism in Switzerland written by Bernard Dafflon and published by World Bank Publications. This book was released on 2005 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Its highly fragmented structure of local governments and serious horizontal fiscal imbalances make Switzerland a surprisingly powerful model for Eastern European countries that are currently facing the challenge of fiscal decentralization. In spite of the substantial differences in the tradition and current practice of intergovernmental fiscal relations, transition economies may learn valuable lessons from the Swiss case in the fields of direct democracy, horizontal cooperation, expenditure and revenue assignment, and fiscal discipline. Among other conclusions, the authors suggest that subnational authorities can effectively fend off recentralization attempts of the central government if they engage in spontaneous cooperation to enhance the efficiency of public service provision. Together with an adequate fiscal equalization scheme, interjurisdictional cooperation also permits the reconciliation of the objective of an increasing devolution of powers with the existing regional disparities. The authors also show that the principle of subsidiarity can best be safeguarded by anchoring the expenditure and revenue powers of subnational governments in the constitution or in a similarly strong law. With regard to fiscal discipline, the combination of a "golden rule" with direct democratic instruments of budget control is proven to be successful in enhancing the accountability of local politicians toward their constituencies.
Download or read book Fiscal Decentralization Reforms written by Michal Plaček and published by Springer Nature. This book was released on 2020-05-05 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the impacts of fiscal decentralization reforms on the efficiency of local governments in Central and Eastern European (CEE) countries. By offering a comparative perspective and by applying econometric methods and regression models, it analyses various reform trajectories and their effects on individual CEE countries. Furthermore, the book discusses input and output indicators for evaluating the efficiency of municipalities. Readers will learn about the common features of these countries, the impact of path dependence, and future prospects for decentralization reforms. In closing, the book discusses modern management and administration methods, opportunities for cooperation between municipalities, co-creative service delivery, and other measures that could improve the efficiency of public service provision.
Download or read book OECD Fiscal Federalism Studies Measuring Fiscal Decentralisation Concepts and Policies written by OECD and published by OECD Publishing. This book was released on 2013-01-16 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with two issues. The first concerns the various measurement of fiscal decentralization in general and their usefulness for policy analysis. The second and more specific issue concerns the taxonomy of intergovernmental grants and the limits of the current classifications.
Download or read book Fiscal Federalism and European Economic Integration written by Mark Baimbridge and published by Routledge. This book was released on 2005-06-28 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pace of economic integration amongst European Union (EU) member states has accelerated considerably during the past decade, highlighted by the process of Economic and Monetary Union (EMU). Many aspects of the EU's apparatus, however, have failed to evolve in order to meets these new challenges. This book explores the issue of fiscal federalism within the context of EU integration from theoretical, historical, policy and global perspectives. It contrasts the pace of integration amongst EU member states with the failure of financial and administrative apparatus to evolve to encompass fiscal federalism, i.e. the development of a centralised budgetary system. This impressive collection, with contributions from a range of internationally respected authors, shall interest students and researchers involved with European economics and economic integration. Its accessible style will also make it extremely useful to policy-makers and professionals for whom European economic integration is a daily topic of conversation.
Download or read book Fiscal Decentralization in Developing and Transition Economies written by Anwar Shah and published by World Bank Publications. This book was released on 2004 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Decentralisation Local Government and Policy Reversals in Southeastern Europe written by William Bartlett and published by Springer. This book was released on 2018-10-31 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection provides a comprehensive geographic and chronological overview of the decentralisation processes in the successor states of former Yugoslavia and Albania during their transition and EU integration years, from 1990 until 2016. These countries present a unique laboratory for the analysis of economic, social and political change, having traversed armed conflicts, dramatic economic and political changes, and EU pre-accession processes involving deep institutional reform. They have also endured the Eurozone crisis, which has led to high levels of unemployment, wide fiscal gaps and dangerously high levels of indebtedness. Observing the quarter century-long transition from socialism to capitalism through the prism of decentralisation sheds new light on studying the political economy of the region and the current status of the individual countries in terms of economic development and their EU integration progress. The contributors enrich the wider literature on fiscal decentralisation in transition countries by exploring several broad questions on democratisation, the political economy of post-communist transition, the role of external actors in policy transfer and the issue of financial stability in the post-crisis period.
Download or read book Fiscal Federalism and Political Decentralization written by Nuria Bosch and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly original book analyzes political decentralization and fiscal federalism in Canada and Germany, both traditional federal countries, and in Spain, a unitarian country engaged in the last two decades in a process of decentralization. The three key issues required for a well designed financing system are analyzed in depth herein, namely: tax assignment, equalization grants (i.e. redistribution of money from the wealthy regions or the national government to poorer regions) and the role of regional government in the administration of taxes. Fiscal Federalism and Political Decentralization will be of particular interest to academics and researchers of economics, public economics, public finance and public choice. It will also appeal to politicians and policy makers as well as organizations and agencies related to the economy and fiscal federalism.
Download or read book Fiscal Federalism in the European Union and Its Countries written by Clément Vaneecloo and published by Peter Lang. This book was released on 2006 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book tackles a key issue for the European Union: Fiscal Federalism. It evaluates the applicability of this theoretical perspective for the EU. Conversely, it pinpoints ways in which the diversity of existing fiscal settings and organisations, both at national and European levels, can throw light on the theory. The study analyses two of the most important European policies: Cohesion Policy and the Stability and Growth Pact. It compares the episode of German Unification to the 2004 European Enlargement. It pioneers a cross-country analysis of the various national fiscal settings. Finally, it highlights the close links between the dynamics of decision-making related to the main budgetary choices and the integration process. The questions raised are crucial in the current context of economic and institutional uncertainty: How should we apprehend the Cohesion Policy, the main expression of European solidarity? How can the coordination of national fiscal policies be improved? How are European countries and their regions organised in fiscal and budgetary terms? What lessons can the EU draw from its own fiscal past and from that of its Member States? Over and above the originality of the answers provided by the authors, the book suggests that it would be difficult to take the integration process further without first clarifying what Europe can, should or wants to do.
Download or read book Fiscal Federalism in the European Union written by Amedeo Fossati and published by Routledge. This book was released on 2005-08-03 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining theoretical and empirical analysis this book explores the core issues of fiscal federalism in the European context.
Download or read book Decentralization and Local Development in South East Europe written by W. Bartlett and published by Springer. This book was released on 2013-02-21 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decentralisation is changing the face of South East Europe. This book provides practical analysis of the devolutionary measures reshaping post-Communist economies. Using case studies from Croatia, the former Yugoslavia, Albania and more, this collection offers valuable insights into political and fiscal redistribution.
Download or read book Fiscal fragmentation in decentralized countries written by Richard Miller Bird and published by Edward Elgar Publishing. This book was released on 2014-05-14 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most countries, developed and developing, are fiscally decentralized with regional and local governments of varying importance. In many of these countries, some of these sub-national governments differ substantially from others in terms of wealth, ethnic, religious, or linguistic composition. This book considers how fiscal arrangements may strengthen or weaken national solidarity and the effectiveness with which public services are provided. In particular, the nation's ability to cope with changes created by decentralization is explored.
Download or read book Fiscal Federalism in Switzerland written by Bernard Dafflon and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Its highly fragmented structure of local governments and serious horizontal fiscal imbalances make Switzerland a surprisingly powerful model for Eastern European countries that are currently facing the challenge of fiscal decentralization. In spite of the substantial differences in the tradition and current practice of intergovernmental fiscal relations, transition economies may learn valuable lessons from the Swiss case in the fields of direct democracy, horizontal cooperation, expenditure and revenue assignment, and fiscal discipline. Among other conclusions, the authors suggest that subnational authorities can effectively fend off recentralization attempts of the central government if they engage in spontaneous cooperation to enhance the efficiency of public service provision. Together with an adequate fiscal equalization scheme, interjurisdictional cooperation also permits the reconciliation of the objective of an increasing devolution of powers with the existing regional disparities. The authors also show that the principle of subsidiarity can best be safeguarded by anchoring the expenditure and revenue powers of subnational governments in the constitution or in a similarly strong law. With regard to fiscal discipline, the combination of a "golden rule" with direct democratic instruments of budget control is proven to be successful in enhancing the accountability of local politicians toward their constituencies.
Download or read book Fiscal Decentralization and Fiscal Performance written by Anwar Shah and published by World Bank Publications. This book was released on 2005 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal rules binding on all levels can help sustain political commitment in countries having coalitions or fragmented regimes in power. Coordinating institutions help in the use of moral suasion to encourage a coordinated response. Industrial countries' experiences also show that unilaterally imposed federal controls and constraints on subnational governments typically do not work. Instead, societal norms based on fiscal conservatism such as the Swiss referenda and political activism of the electorate play important roles. Ultimately capital markets and bond-rating agencies provide more effective discipline on fiscal policy. In this context, it is important not to backstop state and local debt and not to allow ownership of the banks by any level of government. Transparency of the budgetary process and institutions, accountability to the electorate, and general availability of comparative data encourages fiscal discipline.
Download or read book Fiscal Federalism and Macroeconomic Governance written by Anwar Shah and published by World Bank Publications. This book was released on 1998 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1998 Shah concludes that, contrary to a common misconception, decentralized fiscal systems offer more potential for improved macroeconomic governance than do centralized fiscal systems, because they require greater clarity about the roles of various players and decisionmakers and-to ensure fair play-greater transparency in rules governing interactions. In analyzing the institutional environment for macroeconomic management, Shah discusses monetary policy, fiscal policy, and subnational borrowing. In analyzing the macroeconomic dimensions of securing an economic union, he discusses the regulatory environment, tax coordination, transfer payments and social insurance, intergovernmental fiscal transfers, and regional equity. Finally, he discusses the challenges of globalization and draws lessons from experience about fiscal reform in developing countries: Among them: * Monetary policy is best entrusted to an independent central bank with a mandate for price stability. * Fiscal rules accompanied by gatekeeper intergovernmental councils or committees provide a useful framework for fiscal discipline and coordination of fiscal policy. * The integrity and independence of the financial sector contribute to fiscal prudence in the public sector. * To ensure fiscal discipline, governments at all levels must be made to face the financial consequences of their decisions. * Societal norms and consensus about the roles of various levels of government and limits to their authority are vital to the success of decentralized decisionmaking. * Tax decentralization is a prerequisite for subnational access to credit markets. * Higher-level institutional assistance may be needed to finance local capital projects. * An internal common market is best preserved by constitutional guarantees. * Intergovernmental transfers in developing countries undermine fiscal discipline and accountability while building transfer dependencies that cause a slow economic strangulation of fiscally disadvantaged regions. * Periodic review of jurisdictional assignments is essential to realign responsibilities with changing economic and political realities. * Finally, and contrary to a common misconception, decentralized fiscal systems offer more potential for improved macroeconomic governance than do centralized fiscal systems. This paper-a product of the Country and Regional Relations Division, Operations Evaluation Department-is part of a larger effort in the department to learn lessons of experience in improving public sector performance in developing countries. The author may be contacted at [email protected].
Download or read book Fiscal Performance Institutional Design and Decentralization in European Union Countries written by Mr.Julio Escolano and published by International Monetary Fund. This book was released on 2012-02-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
