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OECD Fiscal Federalism Studies
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OECD, Korea Institute of Public Finance. Edited by Junghun Kim, Camila Vammalle. Published by : OECD Publishing
, Publication date: 23 Feb 2012
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Pages: 160
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Language: English
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Version: E-book (PDF Format)
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ISBN: 9789264167001
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OECD Code: 422011241E1
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Price:
€31 | $44 | £28 | ¥4000 | MXN560
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Availability: Available
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Other Versions:
Print - Paperback
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As financial markets put more and more pressure on governments to reduce their deficits and debts, sub-central levels of government are a key player in the implementation of national strategies. The room for manoeuvre to implement consolidations strategies coordinated across levels of government highly depends on the institutional structure of intergovernmental relations, and the effectiveness of their multi-level governance structure. This was already the case for recovery strategies, in the beginning of the crisis. This report provides an overview of the institutional and financial relations across levels of government that enables policymakers evaluate their position and identify good practices for mobilizing sub-central governments for national growth, equity and stability objectives. This report is divided into two parts: the first part is analytical and the second part provides institutional and quantitative country information and comparisons.
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Introduction by Junghun Kim and Camila Vammalle
PART I. MANAGING INSTITUTIONAL AND FINANCIAL RELATIONS ACROSS LEVELS OF GOVERNMENT IN TIMES OF ECONOMIC AND FINANCIAL TURMOIL
Chapter 1. A sub-central government perspective on fiscal policy in a tight fiscal environment by Camila Vammalle, Dorothée Allain-Dupré, and Norbert Gaillard
-Introduction
-From stimulus to consolidation: the sub-central perspective
-Fiscal consolidation requires the credible commitment of sub-central governments
-Making the most of reduced public investment in a tight fiscal context
-Conclusion
-Annex 1.A1. Measures adopted by central governments to support sub-central public investment (2008-09)
-Bibliography
Chapter 2. The political economy of fiscal decentralisation by Hansjörg Blöchliger and Camila Vammalle
-Introduction and summary
-Methodology of the study
-The reform context
-Timing and scope
-Designing the reform process
-Conclusion
-Annex 2.A1. Summary of the reforms analysed
-Bibliography
PART II. INSTITUTIONAL AND FINANCIAL RELATIONS ACOSS LEVELS OF GOVERNMENT: INFORMATION ON COUNTRIES
Chapter 3. Financial resources, expenditures and debt of sub-central governments by José María Piñero Campos and Camila Vammalle
-Spending responsibilities of sub-central governments
-Sub-central government own revenues: taxes and user fees
-Grants in sub-central government revenues
-Sub-central government debt
-Bibliography
Chapter 4. Country notes
-Finland
-France
-Italy
-Korea
-Portugal
-Spain
-Sweden
-United Kingdom
-Bibliography
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