Fiscal Decentralization And The Challenge Of Hard Budget Constraints
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Fiscal Decentralization and the Challenge of Hard Budget Constraints
A multi-country study of the conditions under which decentralized countries might ensure fiscal discipline.
IMF Staff Papers, Volume 53, No. 3
Author: International Monetary Fund. Research Dept.
language: en
Publisher: International Monetary Fund
Release Date: 2006-12-15
This is the final issue for 2006 (Volume 53), and contains another paper in the occasional Special Data Section that seeks to measure financial development in the Middle East and North Africa by utilizing a new database. The issue also contains a comment from Jacques J. Polak on parity reversion in real exchange rates.
Fiscal Decentralization and Local Public Finance in Japan
This book is suitable for all those who want to understand the role and performance of Japan's central and local fiscal relations as an integral part of resource allocation, stabilization and redistribution function of the public sector since the post bubble economy.